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.
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.
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.
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.
There are numerous industrial metal finishing options. But electrophoretic deposition – known as e-coating – is considered a preferred method for numerous reasons. It is often compared to powder coating, a similar coating process. There are several factors to examine when considering the e-coating process.
Many manufacturers are noticing the myriad advantages of powder coatings over liquid. The resulting demand for powder coatings has been steady and is expected to continue rising.
One of the recent advances made in armament technology is Chemical Agent Resistant Coating (CARC). The paint has a myriad of benefits and is vital in keeping US military vehicles safe in conflict zones.
With tax discussions underway, US companies are looking forward to several positive impacts of tax reform on manufacturing. Manufacturers should keep a weather eye on the proposed policy changes and prepare to capitalize on a coming tax overhaul.
After a few turbulent years, the metal fabrication market is rebounding and diversifying. Buoyed by increased demand and manufacturing advances, the sector is becoming more dynamic and resilient. This is leading to market growth and profitability.
On behalf of Prince Manufacturing, we are very pleased to announce that Louis (Lou) Krause has joined the Company as the Chief Financial Officer reporting directly to Iram Chavez, President and CEO. Lou has thirty years of experience in Finance primarily within manufacturing organizations of $100 million+ and managing the financial operations of each including […]
