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Old August 14, 2015, 04:55 PM
GordonJ's Avatar
GordonJ GordonJ is offline
Join Date: Aug 2006
Location: West Palm Beach, FL
Posts: 3,474
Default Even the Chinese won't buy their own junk...

Here's a look at 3 local businesses, all selling their "manufactured here" goods to the Chinese and beyond.

#1. Cash cow small biz, 40 employees, makes tire making machines. Sells 5 to 10 a year, 2 to 5 million per unit. The machine can (and has been) reversed engineered BUT, many companies prefer to buy from USA because of the support. The machine mostly malfunctions when the rubber compound isn't right. The expertise is HERE, in Akron, OH. So, rather than miss days and weeks of production, one of the reps in Asia can be on site in a day.

#2. X-ray equipment. Refurbished in Kent, OH. Used machines sold throughout the world, for a fifth of the price of a new machine. 5-7 employees, doing a few million a year, with a profit on the machine, and a back end of SUPPORT. Two reps in the field, most a day or two away, and this saves down the support is well worth the cost. Customers in over 14 countries.

3#. "Lines". Specialty manufacturer of a processing line. Say you want to compete with Heinz in the Ketchup market, you need a way to make and bottle your product, these guys can help. About 100 employees, a lot of engineers and they sub contract a lot of fabrication to local businesses.
They ship custom made manufacturing lines all over the world.

All three started by an Entrepreneur, today owned by Absentee corporations, all cash cows.

Sure, there has been a ton of jobs shipped off shore, but there is still a lot of know how and expertise which may be needed to support manufacturing and many cases where even with a Chinese competitor, some of their biggest corporations won't touch their own junk, they go with the quality and expertise of the USA.

Still the home of Entrepreneurship, innovation and quality.

Opportunities abound.

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