Just recently, we wrote about a manufacturing plant in Amsterdam, New York (pictured above) that was closing . Let’s use a unique term: it got “Chinesed” to death. It even will cause the little railroad that served it to come crashing to the ground.
Knew the company was called FGI for Fiberglass Industries. Went to Google and typed “amsterdam, fiber glass industries”. First item that came up was for zyfiberglass.com: the company that drove poor little 57-year old FGI out of existence and sent about 120 people to the unemployment lines. (know I will get some comic making a comment that FGI should have hired a better SEO firm to better optimise their keywords AND remembered to pay Google their “tithe” for “ads by Google).
Put this information aside and went back to reading email. First article I read was in “EBN” and written by John Ciangiulli, President, American Component Exchange. It was titled “What is American Made and Why It Matters”. John talked about increased awareness because of on-shoring by major manufacturers, the US Government programs, counterfeiting and sub-par products.
He covers that “American made” can mean many things. Is it South American made? North American made? Is it made in Mexico?
The Federal Trade Commission, defines a product is made in the USA if it is “all or virtually all” made in the USA. What does “all or virtually all” mean? That phrase “means that all significant parts and processing that go into the product must be of US origin. That is, the product should contain no — or negligible — foreign content.”
OK so why does it matter?
1. The US used to be the biggest manufacturer in the World, but factories have closed, etc.
2. US manufacturing went from 19 million to 12 million. John then states “Although losing more than 7 million jobs is alarming, what is more alarming is that, unlike the service sector, for every manufacturing job there are approximately 1.6 jobs created.”
3.National Science Foundation reports, manufacturers in the US perform two-thirds of all private sector R&D in the nation, driving more innovation than any other sector.
Stay tuned for more on this subject.