If your company is importing plastic storage containers from China, you may be paying more than you need to — not just in transportation costs and long lead times, but also in hefty import tariffs. Many plastic consumer goods fall under Section 301 tariffs, adding as much as 15% to 25% to the cost of…
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For years, offshore plastic manufacturing was a default strategy for cutting costs. Many companies moved injection molding operations to China, Vietnam, and other low-wage regions where labor and overhead were cheaper. Ocean freight was slow but reliable, but the cost advantages outweighed any delays. The Previous Model No Longer Works Labor costs have risen steadily…
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In 2024, AdvanTech Plastics took on a significant mold transfer project from a new customer facing quality issues with their previous two suppliers. The customer, whose name is withheld for privacy reasons, had been experiencing ongoing problems and needed fresh insights to optimize their molding process. After reshoring the molds from China due to extended…
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Reshoring has become an increasingly viable option for companies looking to mitigate supply chain disruptions and reduce lead times. One such success story involves Company B (whose name is withheld for privacy reasons), which recently partnered with AdvanTech Plastics to bring its injection molding operations back to the United States from China. Leading this initiative…
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In a strategic move to reduce costs and increase efficiency, a prominent company (referred to as “Company A” for privacy reasons) recently decided to re-shore its production operations from China to the United States. The decision was primarily driven by the rising tariff costs associated with overseas manufacturing. After thorough research and consideration, Company A…
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AdvanTech Plastics has the “pop” needed to satisfy our carbonated soft drink customers thirst for vast quantities of bottle caps. For example, our 1881 automated cell includes a 96-cavity mold that takes less than 4-seconds to produce 96 caps. Do the math and you’ll see we can produce 12,000 caps every eight hours. The caps…
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Maybe it’s something in the water. Or something about the vast expanse of water between the US and Asia. Because there has been a significant trend of companies reshoring manufacturing operations to the United States. Between 2010 and 2022, approximately 1,600,000 jobs were announced as returning to the U.S. through reshoring and foreign direct investment…
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At AdvanTech Plastics, we prioritize customer satisfaction by ensuring we can deliver the highest quality product in the most efficient manner. To meet this goal, we continuously invest in state-of-the-art equipment to enhance our production capabilities and keep up with changing technology. Our most recent investment, the Sumitomo SE385EV-A-HD CT-6 all-electric injection molding press, exemplifies…
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Over the past few decades, offshoring manufacturing to countries with lower labor costs was the go-to strategy for many U.S. companies. However, in recent years, a growing number of manufacturers, particularly in the plastic food packaging industry, are bringing production back to the United States. This shift, known as re-shoring, is driven by several economic,…
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The U.S. medical injection molding market is a significant segment of the healthcare industry. This market was valued at approximately $3.4 billion in 2023 and is projected to reach around $4.8 billion by 2030, growing at a compound annual growth rate (CAGR) of 5% from 2024 to 2030. One factor driving this trend is the…
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