Mencom is proud to be one of the few remaining manufacturers of industrial cordsets in the U.S.A. We pride ourselves on high quality products and our ability to meet pricing goals and demand, right here at home.
It is great to see the evidence of the growing allegience for products made in the U.S.A. “The whole mission ‘is just escalating,’ said Steven Capozzola, spokesman for the Washington, D.C.-based Alliance for American Manufacturing. ‘People now get that there is a direct connection between buying American … and supporting the U.S. economy.'” Read more: http://bit.ly/PnsUoC
Motivation to support our home economy is partnered with the fact that labor costs are rising abroad. As indicated in CNNMoney: “In 2000, the average worker was making 58 cents an hour in China. Today, it’s a little over $4,” said Mike Zinser, a partner at BCG who co-authored a survey that asked over 100 companies about overseas manufacturing. “If you continue to play that out, by 2015, it will be over $6 or $7. The economic advantage is shrinking.” There is, however, growing fear that we might not have the workforce ready for this shift. Read more: http://cnnmon.ie/RjIEws
In the end it will all come down to economics and profitability. In a free (world?) economy, the consumers will make the call and determine what the market will bear.
“If you go back to the heyday of outsourcing to China, at that time with the exchange rates and the ocean freight it was pretty hard to go wrong from a cost standpoint,” said Steve Maurer, a managing director at AlixPartners who specializes in manufacturing efficiency. “Now that costs in China are increasing … people are stepping back and saying, ‘We need to reevaluate this.'” (http://reut.rs/OAhEY2)