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Alias Born | 02/27/2014 |
Wednesday, March 04, 2015 11:12:15 AM
It makes no sense producing powder products for Walmart and Costco in America.
Brazil is a large international market, that currently may be experiencing hard times...but offers tremendous potential long term. Tariffs and import duties make it very restrictive to import American made products....so, the new production facility wouldn't help there.
Where my dad lives in Denmark you get your teeth knocked out by the Arab boys if you wear clothes with stars and stripes....Might be that the bank does the same to you, if all your products carry the stars and stripes logo.
We live in a Global world, producing entirely at home is old fashioned....and it is too damn expensive.
Starting out with something in the $40-60 million range....that is another story. If something goes wrong in the process, it will be easier to fix.
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