Why It's 5x More Expensive To Manufacture In America
Everyone says we should make more products in America. So why doesn't it happen? In this episode of the Pitch to Product Podcast, 52Launch's Dan Gonyea and Peter Drakulich walk through a real domestic quote for a molded silicone component, one of the simplest parts you can make.
The numbers:
- Piece price: $0.60 overseas vs. $3.19 domestic (for a 2,000-unit order)
- Tooling: roughly $2,500 overseas (stainless steel, built for up to a million pieces) vs. $17,774 domestic (aluminum, good for maybe 100,000 to 200,000 parts)
The domestic price for this one component is more than the entire…
The skinny
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