News & Blog
From Prince Manufacturing
and Contract Fabrication Industry
News & Blog
We are staying up to date with everything that is happening in the contract manufacturing space. On a regular basis, we follow the industry-leading developments and report it here for our customers and readers.
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Aerospace & Defense Manufacturing Outlook Positive
Due to more certainty regarding the stock market and tax reform, the aerospace and defense manufacturing outlook appears quite positive for 2018. Last year was a record year with higher defense spending, increased commercial aircraft deliveries, and increasingly large industry transactions. Growth is expected to increase throughout 2018 and beyond. Aerospace & Defense Manufacturing On […]
Organizational Announcement – Genoveva Sanchez Cruz, Regional Manager – Mexico Operations
On behalf of Prince Manufacturing, we are very pleased to announce that effective January 29th, 2018, Genoveva (Veva) Sanchez Cruz has joined the company as the Mexico Operations Regional General Manager. In this position, she will have overall responsibility for both the Juarez and Monterrey facilities reporting directly to Iram Chavez, President and CEO. Genoveva […]
Global Trends in Steel Prices
The global supply and demand for steel are in constant flux, and steel prices are a reflection of this complex balance. Industrial consumers of steel the world over must keep an eye on global markets and create strategic value-chain relationships to ensure competitive pricing for their raw materials and end products.
How Shelter Manufacturing in Mexico Benefits Companies
Most manufacturing executives will agree that outsourcing production to a foreign country is difficult. But shelter manufacturing simplifies the process for companies and benefits them in ways many executives are unaware of. Let’s explore some of the many benefits afforded to manufacturers who outsource to Mexico via a shelter company.
The Global Switchgear Business Outlook
The demand for electricity in industrial and consumer applications is growing by leaps and bounds. And the demand for safe and reliable technology to harness electrical power is also growing worldwide. The outlook for the global switchgear business market remains promising in the coming years, and growth is expected in most sectors. Switchgear Business Demand […]
What US Tax Reform Means for Manufacturing
Now that tax reform has become law in the United States, what impact will it have on manufacturers? In the manufacturing industry, all eyes have been on the new tax legislation. The hope was that several positive initiatives would make it into the final bill. Below is a breakdown of the legislation as passed and how it […]
5 Reasons to Outsource Product Design
Companies today are faced with a myriad of challenges, one of which is in determining when to outsource a part of the process. Product design is such an important step in delivering quality products that it can be difficult to outsource of this stage. But with bottom lines becoming increasingly tight, companies can’t always afford to keep each phase in house, and knowing when to outsource product design is vital to remaining competitive and profitable.
Manufacturing Jobs Returning to the US
We’re all familiar with the negative statistics about the state of employment and manufacturing in the United States. The consensus is that the US doesn’t manufacture anymore. But this simply isn’t true. US manufacturing is on the rise, and though conservative at present, the number of manufacturing jobs returning to the US is also on the rise.
Why Contract Manufacturing in Mexico Makes Sense
Companies who outsource their manufacturing typically think of China and other Asian countries. Yet in many cases, contract manufacturing in Mexico makes the most sense, due to labor cost considerations and logistics. There are different modes of outsourcing, but for many, the contract manufacturing option is the most advantageous. This is especially true in view of the convenience and cost efficiency of Mexican production.
Metal Fabrication Trends to Watch in 2018
Much is happening in the metal fabrication market, and 2018 is shaping up to be an exciting year. There are several metal fabrication trends to keep an eye on as we enter the new year. These trends generally look promising, but there are some concerns to keep abreast of as well.
Choosing a Coating: Liquid Paint Advantages
When choosing a coating method for your product, there are several options to choose from. While newer technologies like powder and electronic coatings offer clear benefits in many situations, there are also numerous liquid paint advantages to consider.
7 Reasons Reshoring to Mexico is Good for US Firms
Over the past several years, numerous US firms have been reshoring to Mexico, undoing two decades of offshoring. US firms are coming back home for several reasons, as it becomes more economically sensible to partner with contract manufacturers and shelter companies south of the border.
Press Releases
On occasion, we release press announcements via various press release outlets. For the convenience of our contract manufacturing community, we also publish these press releases here on our website.