Manufacturers are seeking to relocate their operations to a new location amid the exodus of businesses manufacturing in China and reshoring to North America. Vietnam is one of the most popular alternative destinations, which manufacturers view as a viable alternative to China. However, manufacturing in Vietnam has many of the same problems as China (with […]
China
Safeguarding Your Manufacturing Operation: Protecting Against China Intellectual Property Theft
China’s rise as a global manufacturing powerhouse has been accompanied by persistent concerns regarding intellectual property (IP) theft. Intellectual property theft refers to the unauthorized use, reproduction, or distribution of someone else’s creative work, inventions, or trade secrets. In this blog post, we will delve into the concept of China intellectual property theft, provide real-world […]
Breaking Free from China’s Grip: Moving Your Manufacturing Out of China
You may consider moving your manufacturing out of China to another country such as the US, or possibly setting up product assembly in Mexico, if you currently have shelter manufacturing services in China, but are concerned about tariffs imposed by the United States hurting your bottom line, or if you are concerned about China intellectual […]
Relocating Manufacturing Operations to Mexico as a Tariff Strategy [2023]
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 […]
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 […]