Import Traders Helps U.S. Manufacturers Compete and Grow by Importing From China.Business Editors HOUSTON--(BUSINESS WIRE)--March 18, 2004 Customers of Import Traders, Inc. (ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. ), an American company that delivers customized manufacturing and importing solutions to North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. companies, report overall profit growth averaging 20 percent as a result of their import manufacturing strategies. Global firms and technology companies turned to import manufacturing for cost savings years ago. Now, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. ITI customer Wood Ventures, sending manufacturing processes to China, means the difference between high growth and status quo [Latin, The existing state of things at any given date.] Status quo ante bellum means the state of things before the war. The status quo to be preserved by a preliminary injunction is the last actual, peaceable, uncontested status which preceded the pending controversy. , or even failure. Wood Ventures, a manufacturer of furnace return air registers for the floor, based in California, faced a competitive challenge outside its industry when technology companies in their region were snapping up available laborers. "Our biggest problem at the start was labor," said David Jones David Jones is a common name, particularly in Wales, and there have been several well-known individuals with this name. Variations include Dave Jones and Davy Jones. of Wood Ventures. "We were paying well above minimum wage and still couldn't find people to sit behind saws and put little parts together. At the same time, we were trying to expand and because of very restrictive zoning laws in our area we literally couldn't find additional space for our manufacturing operation. Just as we were about to hit the wall, we found ITI and determined that our complex product would be a good fit for import manufacturing. We ship the wood to China for manufacturing so that our grills are built with the same material as the flooring. ITI is invaluable in making it happen and for helping us not only to stay in business but to be competitive and continue to grow." Many small and mid-sized firms are using importing to compete in a broader marketplace and increase profit by cutting manufacturing costs. Another ITI customer, Microlight microlight or microlite Noun a very small private aircraft with large wings microlight n → ultraligero microlight n Corporation of America, was able to lower manufacturing costs and speed a new project to market. "Increased competition and poor service from our European manufacturers pushed us to redesign our cold laser devices and partner with ITI to find a China-based manufacturer to lower the total cost, make it affordable to more healthcare professionals and upgrade the quality, performance and appearance of the new product," said Mike Barbour, president of Microlight Corporation of America. Import Traders' (ITI) founder, Sandy Levin lev·in n. Archaic Lightning. [Middle English levene, levin; see leuk- in Indo-European roots.] , is a pioneer in import manufacturing. He was in the first group of Americans to visit China in 1974 when Richard Nixon's Ping Pong Diplomacy Ping Pong Diplomacy (Chinese: 乒乓外交) refers to the exchange of ping pong players of the United States and People's Republic of China (PRC) in the 1970s. The event marked a thaw in U.S. initiative began modern U.S. trade in the region. "What began as an industry that manufactured primarily promotional items Promotional items or promotional products refers to articles of merchandise that are used in marketing and communication programs. The items are usually imprinted or decorated with a company's name, logo or message, using techniques such as Embroidery, Silkscreen, or and household goods has matured to include medical laser instruments, molded plastic baby bottles, and any labor intensive Labor Intensive A process or industry that requires large amounts of human effort to produce goods. Notes: A good example is the hospitality industry (hotels, restaurants, etc), they are considered to be very people-oriented. See also: Capital Intensive, Trading Dollars manufacturing process," said Levin. "ITI has spent 30 years building relationships with the manufacturing supply chain in the region and we've watched the quality become world-class while the prices remain highly competitive. While importing does take some jobs offshore, many of our clients have experienced growth both in profits and jobs to support their expansion." About Import Traders, Inc. Established in 1974, no American importer has more experience trading in China than Import Traders (ITI). For 30 years, ITI has represented its American clients, sourcing and importing custom-manufactured product that exceeds acceptable quality standards, at prices that typically save 20 to 30 percent. For more information call 281-242-7030 or visit www.import-traders.com. |
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