New Import Tariffs To Change The Playing Field
The new import tariffs against China and other countries will make component parts and about 80% of what we purchase, more expensive. There is little truth in the fact that many of the companies that are overseas will now return to U.S. shores. Unfortunately, all the companies overseas are either owned and operated locally or are part of an international partner. For all intents and purposes, the U.S. has pretty much given up on building new manufacturing plants as most larger corporations would rather design products here and have them made somewh ere else. Or if they are going to manufacture in the U.S. they will be using Robotics and few people.
Intel, one of the largest and most profitable companies in the world, just stopped production of two huge Chip Manufacturing plants in Ohio because of slower chip demand and the fact they have lost over $186 Billion in their stock. They hired a new CEO and put the plants on hold until 2030. Making anything is very difficult, especially high end tech products. Apple designs their iPhones, etc, but they are all manufactured overseas.
Pure Air Systems, Inc., an Indiana based corporation, has been manufacturing high end, fan-powered, HEPA based commercial grade systems since 1985. While some of its components are now manufactured overseas, 80% of the systems are made from American made components. And now, after 40 years. Pure Air Systems, is one of only 3 companies in the world that make this type of high end product. It is very difficult to compete in the world market when you are constantly searching for suppliers that can meet your demands at a price that allows you to make a profit.
For more information on our product line please go to our website at: http:/www.pureairsystems.com or call us anytime on our toll-free number at: 800-869-8025.