The Heartbreaking Decline: 3,500 U.S. Rubber and Plastic Companies Lost—But There’s Hope for Revival
The U.S. manufacturing sector has lost over 3,500 rubber and plastic product companies between 2002 and 2023. At Om Raj Tech, we are committed to reversing this trend by offering high-quality, U.S.-based manufacturing services in injection molding, thermoforming, and fiberglass RTM, helping to rebuild American industry.
Impact of USMCA on US Manufacturing - A Injection Molding Industry View
The USMCA, which replaced NAFTA in 2020, has significant implications for the plastic injection molding industry. This blog explores how the agreement impacts regional content requirements, tariffs, intellectual property protection, labor and environmental standards, and supply chain strategies. Understanding these changes is crucial for companies looking to stay compliant and competitive in the evolving North American market.