Friends, when I tell you that it is hard to start a tool company in the United States, please believe it. I will tell you that there are some super companies that have been doing it successfully for decades, but starting up just isn't easy. That is, unless you get a chance to buy one of the most historically important manufacturing facilities in America! We've been told over and over again by our Wall Street counterparts that it is "NEVER a good idea to go into manufacturing", that you could just "be a customer" and make your overseas order, pay then extra for shipping and customs duties, and merely pick 'em up at the dock and mark 'em up and send 'em out! But America simply wasn't built that way gents!
Since the 1990's, when banks first started making more trading paper than investing in manufacturing, there has been a significant move offshore by every manner of US company. Taxes, labor and other real costs were easy to compare, and for quite awhile, America couldn't compete. Folks, times, they are a changin'! We think the shift is moving the other way, and we intend to take quite a bit of risk to be part of that change.
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