Over the past few decades, China has been the world's leading manufacturing hub. This is because of its low-cost labor and other advantages that attract global manufacturers.
With the changing global landscape, there is growing apprehension about relocating China's manufacturing operations to the USA. To delve into the significance of this shift, this blog post will investigate the reasons why it is crucial and the advantages that can be gained from it.
Job creation
With the current economic climate, many people are struggling to find employment, and this can lead to many problems, such as financial instability for individuals and their families, which can lead to slower economic growth for the country as a whole.
Bringing manufacturing jobs to the USA would not only help to reduce unemployment but also create job opportunities in other sectors such as logistics and transportation. This would boost the economy and help to create a more stable and sustainable job market.
Improved product quality
China has earned a reputation for producing substandard products, which can expose consumers to risks. The issue is particularly worrying when it comes to essential products.
By relocating manufacturing operations to the USA, there is an opportunity to guarantee that product packaging meets the strictest quality control standards, thereby improving their safety and reliability.
Impact the trade deficit
The amount of money that the USA spent on imports from China in 2022 surpassed the amount earned from exports to China by approximately 382.92 billion U.S. dollars. Bringing manufacturing back to the USA could reduce the trade deficit, and which would benefit the economy.
Lower transport costs
Shipping goods from China to the USA is costly and time-consuming, leading to an increase in the overall product cost. In contrast, producing goods in the USA would significantly reduce transportation costs, making products more accessible and affordable to consumers.
Reduced carbon emissions
Shipping goods from China to the USA demands a considerable amount of energy, which adds to the product's carbon footprint. However, producing products domestically reduces the shipping distance, leading to a lower carbon footprint.
How is APG at the forefront of change?
Here at APG, we’ve invested in a domestic packaging manufacturing facility in Ohio, capable of producing over 500 million units per year, which is a clear example of the potential of domestic manufacturing. By opening a manufacturing plant in the US, we aim to create jobs, reduce our carbon emissions, and enhance the quality of our products.