December 15, 2014
10 Products Still Made in America
Buying 100 percent American-made is a difficult task in today’s global marketplace. And although finding a “Made in China” sticker on everyday items is common, many companies have proudly manufactured their products in the U.S. since the beginning.
The Huffington Post highlighted the following 10 products that are made in the U.S.:
- Duraflame Fire Logs
- Spanx Products
- Sub-Zero refrigerator
- Harley-Davidson Motorcycles
- KitchenAid mixer
- Weber grills
- Post-it Notes
- Oreck XL
- Intel chips
Between 2000 and 2010, the U.S. lost 33.1 percent of its manufacturing jobs to China, India and Brazil. Companies found it was substantially cheaper to manufacture goods overseas because of cheaper labor costs and lax employment regulations.
Today, however, labor costs overseas are increasing, and companies with revenues of more than $1 billion annually are considering moving jobs back to the U.S. This recent shift has created more manufacturing jobs here – and will continue to do so as more companies follow suit.
Vaughan-Bassett applauds companies that manufacture their products in the U.S. and encourages those who are thinking about making the move back.
December 9, 2014
More U.S. Companies are Moving Manufacturing Back Home
Many U.S. companies are reshoring – a term that refers to moving manufacturing from overseas back to the U.S. Of the U.S. companies that have already reshored, many attribute this move to increasing labor, shipping and manufacturing costs overseas.
“You went to China because it was just so cheap you couldn’t help it,” said Harold Sirkin, a senior partner at Boston Consulting Group in an interview with NPR.
Sirkin, who has surveyed companies about reshoring, said at least 200 companies have returned to the U.S., and many are considering doing so in the coming years. If this trend continues, Sirkin predicts 20 to 25 percent of products that were manufactured overseas will eventually return to the U.S.
Major companies such as Ford, Whirlpool and GE have already brought back some of their products. GE wanted to have more control of its hybrid water heater – primarily the technology that goes into it. The decision to bring some of the manufacturing back to the U.S. was a risk, according to Mike Chanatry, GE’s head of manufacturing. However, he assures it was a risk worth taking.
Vaughan-Bassett applauds those companies that have reshored and encourages those who are considering making the move in the next few years. We can’t wait to see what the future holds for American manufacturing.
December 2, 2014
The American-Made Gift Guide
The holiday season is here – and the Alliance for American Manufacturing (AAM) is urging shoppers to purchase American-made products with the help of its holiday gift guide.
Shoppers are already spending more money on holiday gifts this year than they did last year. According to a Gallup poll, Americans as a whole will spend $720 million on holiday gifts in 2014. The same poll predicts a quarter of Americans will spend $1,000 or more.
The AAM – which aims to strengthen American manufacturing and create jobs through smart public policies – predicts that if each person spent $64 on American-made products this holiday season, it would create 200,000 jobs in the United States.
The organization understands that American-made products can take extra effort to find. So in order to make buying American easier for shoppers this season, AAM put together an American-made holiday gift guide. Products are sorted by their state of origin and cover a variety of interests, from food and craft beer to clothing, home décor and sporting equipment.
To view the comprehensive list, visit AAM’s website.