What are they manufacturing? It must not involve any metal. Due to the tariffs on metals manufacturing costs have increased significantly for anyone using them.
What are they manufacturing? It must not involve any metal. Due to the tariffs on metals manufacturing costs have increased significantly for anyone using them.
It must not involve electrical components either, or any of the other inputs the US cannot produce at the scale or price-point of other countries.
As someone who grew up in a machine shop, still in manufacturing, and have my own hobby shop, its gross how much raw materials cost. I can get finished parts shipped from China cheaper then I can buy the raw material here in the US. I almost wept looking at over $500 for a simple 2x4 foot sheet of 1/2 inch thick 6061 aluminum.
Inconel is through the roof and I know a few aerospace clients who are MONTHS behind due to shortages and bonkers material costs. Like holding up the military supply chain which is ludicrous. This admin is brain dead.
It is going to get worse. Iron/steel and aluminum are some of the most common elements on the planet. They are literally everywhere. The cost is in the energy for production, and to a lesser extent transport. But energy is not only going to become more expensive but actually hard to get (thank you again AI). Canada has energy, from empty land for wind/solar/hydro, to oil, to enormous piles of uranium ore. That is not an enemy worth making.
Perhaps their founder contacts are in the ragebait and clickbait manufacturing business.