The manufacturing industry has been making rapid advancements in recent years, paving the way for cutting-edge technologies. With each new innovation, manufacturing gets more efficient and more precise, leading to the cost-effective production of safer and higher-quality products. But despite common perception, not all advancements are just for the manufacturing giants; today, many small and medium-sized manufacturers (SMMs) are able to take advantage of them too. Here’s a look at a handful of recent technologies and topics trending now within the manufacturing industry.Read More
Exporting is big business in California—$171.9 billion last year alone. The Golden State currently exports to nearly 230 foreign markets, with our neighbors Mexico and Canada placing #1 and #2 respectively. So what’s keeping your Company from taking advantage of global trade?
Sometimes, our vision of how a business is supposed to work changes by necessity.Read More
If you’re a small to mid-size manufacturer, you’re always looking for ways to identify new customers and increase sales.
One, often overlooked, avenue is the export market. You may have thought about exporting, but never gave it much effort because of the perceived complexities involved in entering foreign markets.
While there are some hoops that have to be jumped through, the rewards can be well worth the effort.Read More
In the first post in this series, we discussed the myriad of opportunities associated with exporting your products. The second post addressed the risks associated with exporting and ways to mitigate these risks.Read More
Part 2 –Risks Associated with Exporting
In the first post in this series, we discussed the myriad of opportunities associated with exporting your products (we here at CMTC are glass half-full type of people, after all!).Read More
In the last two decades, California has become synonymous with the technology boom. Silicon Valley offers the latest and greatest in electronics, providing headquarters for tech juggernauts like Google, Apple, Cisco and more. Well, with all do respect to Silicon Valley, it can be all too easy to get distracted by the latest innovations and miss out on the real mover and shaker of California: manufacturing! Here are some reasons why you should keep an eye out for the Golden State’s hottest industry:Read More
Part 1 – The Opportunity That Lies Beyond the U.S. Borders
Your company produces a good product for local or national distributorship. Your profits are acceptable (but never as high as you would like), and your sales volume has seen some steady growth but, lately, has been stagnant. You have additional production capacity that you would like to fill. Is exporting the answer to increasing sales and profits for your company? One California manufacturer has found this to be the case, and has been recognized by the President of the United States for its efforts!Read More
Remember how much fun it was opening your own lemonade stand? You would go to the supermarket with your parents to buy the ingredients, rush home to the kitchen with your siblings to mix everything up, create your own lemonade stand sign, and then head out to the end of your driveway / sidewalk to offer neighbors a cup of watered-down lemonade for 25 cents. While 25 cents per cup wasn’t the greatest profit margin, you still felt the most successful entrepreneur in the world!
Written by: Elizabeth Glynn, Export Advisor