I think US customs is best customs in the world, we never put any HS Code on shipment, so that is why they always release the shipment very fast.
As opposed to the us industries that are suffering due to China's unfair tarrifs and illegal practices... Someone is finally standing up to them... It'll be ok...The tariffs are having a larger negative impact on US based manufacturing/assembly of products that use components sourced from China. Companies that were making things in the US are already starting to move their operations to places like the Philippines. The steel and aluminum tariffs are also having a big negative impact on boeing, wind turbines, and the automotive industry.
There's a solution for that: Source that stuff from elsewhere. Or (shocking idea): Fab them here, too.The tariffs are having a larger negative impact on US based manufacturing/assembly of products that use components sourced from China.
Full article: New Factory Means More Craftsman Hand Tools will be Made in the USANew Factory Means More Craftsman Hand Tools will be Made in the USA
May 15, 2019 Stuart
Stanley Black & Decker has issued an investor press release, saying that they will be opening a new Craftsman factory in Fort Worth, Texas.
The new Craftsman tool plant will break ground this summer and is expected to be completed in late 2020. With the new 425,000 square foot facility, Craftsman is following through on their promise to produce more tools in the USA.
The factory will manufacture Craftsman mechanics hand tools, including sockets, ratchets, wrenches, and tool sets.
Stanley Black & Decker says:
The Wall Street Journal is reporting that robots and fast-forging presses will contribute to the boosted output, with the 25% figure being in comparison to “older forging machinery” currently producing Craftsman wrenches in China. They also say that production costs will be “in line” with the tools currently being made in China.The plant will also leverage some of the most advanced manufacturing technologies available to optimize productivity and sustainability, including pre-flattening steel technologies to improve material yield by almost 25 percent, as well as water and energy management technologies to reduce resource consumption.