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List of verified suppliers of food flavorings for bakery.
Many businesses come up with innovative ideas but lack the capacity to realize them. Working with contract manufacturers can provide the resources to bring a concept to market. Discover this expert advice for finding, choosing, and working with a contract manufacturer....(Full Article)
2018 was a big year for manufacturing (you might even say it was "yuge"). As early as January, manufacturing firms were scrambling to sort through the newly-passed tax reform, and shortly thereafter the USTR announced its first tariffs on solar panels and washing machines (remember when it was just solar panels and washing machines?) Manufacturing in the U.S. continued to expand at a hectic pace, with new orders, production, and employment posting robust gains.
Raw material costs began to skyrocket as tariff action between China and the U.S. intensified and the threat of a trade war loomed. The trade gap widened and imports surged as companies rushed to procure supplies from China in advance of the 25% tariffs set to go into effect January 1st, 2019 (these were since delayed until Marc...(Full Article)
Businesses can gain many advantages by using a contract manufacturer. They can choose a company that is highly skilled and quality certified for fabrication or formulation. Contracting firms avoid risky capital investments in new equipment and can pass on the costs of hiring and training additional personnel to their production partners.
One downside of employing a contractor is the increased shipping costs that stem from the use of a distant source. The extensive time and travel required to inspect facilities and monitor quality can also become drawbacks.
Businesses must also carefully scrutinize their providers to maintain the security of their intellectual property. The following companies in six different industrial sectors illustrate how contract manufacturers can minimize cos...(Full Article)
According to recent data collected by IndustryNet, contract manufacturing is growing at more than twice the rate of manufacturing as a whole, reporting a 9 percent increase in employment, compared to an overall industry growth rate of only 4 percent.
Sales growth follows this trend, with the nation's contract manufacturers reporting three times the growth rate of manufacturing. Contract manufacturing boasts a sales growth rate of 3 percent compared to the industry rate of only 1 percent. This article will break down some of those statistics, and look at some of the nation's top contract manufacturers, broken down by employment, job growth and square footage.
Regionally, the Midwest portion of the U.S. (Illinois, Indiana, Michigan, Ohio, Wisconsin, Iowa, Kansas, Minnesota, Missouri,...(Full Article)
Companies in industries from electronics to pharmaceuticals choose contract manufacturers to produce their wares. Contract manufacturing allows businesses to increase their production capacity without capital investment or hiring additional staff.
According to IndustryNet's hand-verified data, contract manufacturing has seen an uptick in growth over the past year. This article will examine how and why contract manufacturing shows more substantial growth than U.S. manufacturing as a whole. It will also detail variations by industry sectors and geographic regions.
Average sales in contract manufacturing increased by 2.26 percent. The plastics segment was the leader in sales growth, at 15.28 percent. Pharmaceuticals and medical products saw no changes from the previous year, but sales ...(Full Article)
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