- Joined
- Feb 12, 2013
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Irony, for me at least, is sitting in a roomful of Trumpers whining about tariffs. But, this was the case yesterday afternoon during a combination Web-ex and face-to-face meeting.
Our client, a manufacturer in Kansas which supplies forks to several lift truck makers around the country buys their forks from China. They then add value to these components in Kansas, by welding on accessories. They hoped to produce millions of these fork assemblies each a year with robots and a staff of highly qualified technicians.
We spent most of the spring developing a modular system for them to do that. Millions of dollars have already been invested in our equipment alone. The company itself has probably spent billions putting their supply chain in place.
Long story short, adding 20% to each fork imported will crush this business plan. I sat their like the cat who ate the canary when they whined about the damage their boi is doing to them.
Our client, a manufacturer in Kansas which supplies forks to several lift truck makers around the country buys their forks from China. They then add value to these components in Kansas, by welding on accessories. They hoped to produce millions of these fork assemblies each a year with robots and a staff of highly qualified technicians.
We spent most of the spring developing a modular system for them to do that. Millions of dollars have already been invested in our equipment alone. The company itself has probably spent billions putting their supply chain in place.
Long story short, adding 20% to each fork imported will crush this business plan. I sat their like the cat who ate the canary when they whined about the damage their boi is doing to them.