Louise Bayliss, Setec CEO welcomes new members to the CIVD at the Caravan Salon, Dusseldorf
The Export-Import bank of the US (Ex-Im) is an official credit agency designed to aid the export of American goods. Through providing a variety of loans, guarantees and insurance for foreign companies wanting American manufactured items, the Ex-Im was designed to support the growth of American manufacturing and engineering jobs.
Investment in overseas factories has its positives and negatives, however Chinese manufacturing may be slowly losing its advantage as China’s economy slumps. With a strong yuan and major factory closures, the appeal of Chinese low-cost manufacturing is wavering, giving Australian manufacturers a much needed advantage. According to an article in
Australian manufacturers often struggle to compete against large global companies. High industry costs and difficultly accessing larger international marketplaces from a relatively isolated location makes keeping prices low challenging for local manufacturers. While the current economic climate is creating an advantage for Australian manufacturers, companies have to continually refine how
Louise Bayliss, Setec CEO welcomes new members to the CIVD at the Caravan Salon, Dusseldorf
