The U.S. tax reform legislation of 2017 provided companies with an opportunity to repatriate overseas cash at a reduced tax rate, which has prompted many businesses to reconsider their investment strategies. As they ponder over the allocation of this capital, some organizations are choosing to invest in U.S. manufacturing sites, while others are exploring alternative […]
China
There is a vast difference in starting time for manufacturing operations between Mexico and China. If you are lucky and are able to quickly get through the red tape associated with starting operations in Communist China, the average amount of time is 33 days. In Mexico, with the aid of NovaLink’s services, you may be up and running in as little as 6 days.
Avoiding the China Tariffs: A Smart Strategy to Save Costs and Stay Competitive
The ongoing trade war between the United States and China has had a significant impact on many manufacturers, who have been forced to pay higher tariffs on products imported from China. As a result, many companies are now exploring alternative options, such as reshoring their manufacturing operations to Mexico. In this blog post, we will […]
Contract Manufacturing in Mexico: A Cost-Effective and Efficient Way to Grow Your Business
In today’s global economy, many US-based companies are seeking ways to reduce costs and increase efficiency. One way to accomplish this is through contract manufacturing in Mexico. This business model allows companies to outsource their manufacturing operations to Mexico, where labor and production costs are typically lower. In this blog post, we’ll explore the benefits […]
Outsourcing Manufacturing Options: Nearshore Manufacturing, Offshore. What’s the Difference?
Globalization has increased the number of options available to businesses when it comes to outsourcing manufacturing of their products. Depending on the company’s priorities and needs, companies can choose between nearshore, offshore, and onshore manufacturing. A company seeking to make an informed decision about their outsourcing manufacturing strategy must understand the differences between each of […]
What does it mean to you when you see the phrase “Made in China”?
For many years, consumers took the label “Made in China” for granted: few questioned the quality and were often only attracted to the inexpensive price. Consumers are now scrutinizing what it means when a product is “Made in China” and asking questions like: Is it really inexpensive? Am I getting a quality product? And most […]