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High Labor Costs Prevent Tool Manufacturing from Returning to US, Chinese Experts Say
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2025-07-31
According to Chinese executives, tool manufacturing will not return to the US due to high labor costs. GreatStar Industrial's senior VP Li Feng noted US labor costs are several times higher than in China or Vietnam. After acquiring US hand tool company Arrow Fastener in 2017, they observed US worker costs are prohibitively expensive. Chervon Holdings' CEO Pan Longquan said manufacturing in the US would increase production costs by at least 50%. The US lacks core component manufacturing and suitable lithium battery supply chains for power tools. Further, US import tariffs on industrial materials push costs even higher. Tools made in China or Vietnam sell for tens of dollars in the US, while US-made tools cost hundreds, making reshoring unfeasible. To cope with the situations, Chinese toolmakers like Chervon and GreatStar are expanding production in Vietnam and building inventories in the US. Vietnam factories aim to meet US demand while China focuses on exports to Europe and other markets.
工具
中國
製造業回流
美國
高勞動成本
核心零部件製造短缺
越南工廠
tool
China
reshoring of manufacturing
USA
high labor cost
lack of core component manufacturing
Vietnam factory
德國杜塞道夫線材展
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
緊固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
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FASTENER FAIR VIETNAM
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