goneshootin
Well-known member
- Joined
- Jun 2019
- Messages
- 97
Shipping costs going through the roof and government spending driving inflation along with the dollar's decline our dollar buys less against other currencies.
I'm not sold on the idea that the shipping situation will resolve itself. Also fireworks manufacturing in China seems to have been downsizing recently and more regulated.
Talk of moving it to another country outside of the US don't seem like a viable option considering shipping costs and the value of the dollar vs. foreign currencies. Mexico requires any explosives manufacturer to be 50% owned by a Mexican national.
The technology exists to automate some of the most labor intense processes involved in building some consumer fireworks.
This is my take and I'd like to hear from people more knowledgeable about the industry about what I'm missing.
I'm not sold on the idea that the shipping situation will resolve itself. Also fireworks manufacturing in China seems to have been downsizing recently and more regulated.
Talk of moving it to another country outside of the US don't seem like a viable option considering shipping costs and the value of the dollar vs. foreign currencies. Mexico requires any explosives manufacturer to be 50% owned by a Mexican national.
The technology exists to automate some of the most labor intense processes involved in building some consumer fireworks.
This is my take and I'd like to hear from people more knowledgeable about the industry about what I'm missing.