Walmart uses its buying power to boost U.S. Manufacturing
In January of this year, Walmart pledged to buy an additional $50 billion in U.S. products over the next 10 years. Through their buying power, Walmart is giving manufacturers confidence to invest capital in the U.S. and play a role in revitalizing the ecoomy.
Walmart is growing U.S. manufacturing on two fronts: by increasing what it already buys here – in categories like sporting goods, apparel basics, storage products, games, and paper products, and by helping to onshore U.S. production in high potential areas like textiles, furniture and higher-end appliances.
Companies like Anchor Hocking, General Electric and Kayser-Roth have already made a commitment to manufacture some products in the United States as a result of this initiative, among others:
–General Electric will create 150 jobs to produce energy efficient soft white bulbs.
–Kayser-Roth will create more than 100 new jobs to produce No Nonsense legwear.
–Element Electronics will add 500 new jobs when they open their new facility in Winnsboro, SC to produce flat screen TV’s.
–Renfro will add 195 jobs to manufacture legswear and socks in Cleveland, TN, and Fort Payne, AL.
–Hampton Products will add 150 jobs to produce screen and storm door hardware in Shell Lake, WI.
–Élan-Polo in a joint venture with McPherson Manufacturing will add 250 in a new new facility to produce injection-molded footwear in Hazelhurst, GA.
–EveryWare Global will create two new manufacturing jobs in its expanded Monaca, PA facility producing bakeware, tabletop and household glassware and canning jars.
–Louis Hornick & Co. will create 150 new jobs manufacturing window covering and home textiles in a new facility in Allendale County, SC.
–Anchor Hocking will create 12 new jobs in producing kitchen utensils by the Tailor-Made Products division in Wisconsin.
–Redman & Associates will create 74 jobs manufacturing toys in Rogers, AR.
–Korona Candles will create 170 jobs to produce Mainstays Tealight candles in Virginia.
That’s 1753 jobs alone. Click here to learn more.