Versatile Packagers offers contract packaging solutions, helping navigate new tariffs.
With the discord heating up between the U.S. and Mexico, there’s been talk of new tariffs being imposed on all Mexican goods, and some companies and organizations are unsure of the fallout. But there’s no need to panic. Versatile Packagers has the contract packaging solutions to your tariffs needs.
Instead of closing doors, the possibility of new tariffs could instead create new opportunities in manufacturing -– with manufacturers transitioning their operations from offshore to U.S. locations. And new U.S. plants means more American jobs and a bigger boost for the economy.
The idea is to impose a 5 percent tariff on all goods imported from Mexico, with the potential to rise as high as 25 percent. With that, U.S. auto manufacturers would return stateside, helping to remedy the U.S. trade deficit with Mexico.
While the effects of newly proposed tariffs have yet to be seen, many manufacturers have already begun the process of relocating operations and jobs stateside. The following are some of the manufacturing industry’s heavy-hitters that have made the jump to U.S operations:
- Ford Motor cancelled a prospective Mexican car factory and instead, added 700 U.S. manufacturing jobs in Michigan.
- Fiat Chrysler announced plans to spend $4.5 billion to build a new auto assembly plant in Detroit – increasing its workforce footprint in the area by close to 7,000 new jobs.
- Hyundai Motor Company released plans to gradually expand its U.S. spending.
- General Motors Company announced its current and past investments in U.S. operations, including an additional $1 billion spent on manufacturing this year alone.
With the opportunities produced by the new tariffs, the manufacturing industry will be busier than ever – creating a higher need for contract packaging.
But no need to worry! Here at Versatile Packagers, we have the solutions to meet all of your contract packaging needs, even those new needs resulting from recent tariffs. Whether you don’t have the space for your U.S. operations or you simply need help with product assembly, we’ve got you covered!
Versatile Packagers offers a wide selection of contract packaging services in addition to warehouse space for product storage, fulfillment and distribution. We’re here to help you get your U.S. production up and running!
To learn more on how we can help you meet your tariff needs, give the experts at Versatile Packagers a call!