Blog by: Tony Longo
Contact Tony: firstname.lastname@example.org
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The #1 factor that determines whether a prospect will take the time to learn more about RBI's product's is our promise to deliver. One of RBI’s goals is to identify our customer’s “pain points” and provide custom solutions designed to improve their situation.
RBI has been thrilled to sponsor Cambridge High School Robotics Team for a few years. This year we donated 200 R8-ZZ bearings to the robotics department - where students have been working on their robot concepts for the first half of the school year. The bots have entered the build stage and the students gave us an update on how their bots are
Recently it was announced that China is willing to offer more access to foreign companies into their market. They also announced the Made in China 2025 would be revised to include foreign companies. China had announced in 2015 that they wanted to be a self-sufficient society essentially dominating all manufacturing by 2025. Today they pulled that
RBI’s Approach to Managing the Tariffs and Our Cost Saving Solution.
By: Michael Kenney
With 95 percent of RBI’s latest shipments of product affected by the tariffs, we have been reviewing the impact on the company’s inventory and working with our customers to determine what’s in stock and which products might need to be ordered again in the near
As you know, the U.S. Government has recently imposed tariffs on most bearings and industrial products that are manufactured in China. RBI has manufacturing facilities in Wuxi, China and many of our products have been affected by these tariffs.
Although the 25% and 10% tariff is substantial, we feel the greater risk is going to be a breakdown of
In the fall of 2017 RBI Bearing was approached by the Robotics Director for Maplewood High School and asked if RBI would consider donating 100 R8-ZZ bearings to their robotics teams. Absolutely! We jumped at the opportunity to help students further their knowledge in STEM by building bots for competition.
For the past 12 years, Maplewood High
The Chinese yuan has appreciated 10% against the dollar since the start of 2017, silencing some critics that say China has been deliberately suppressing its currency.
The strength of the yuan against the dollar is partly due to the dollar’s weakness, some think China is propping up its currency to avoid being labelled a currency manipulator.
Article written by Gary Huang and originally posted in 80/20 Sourcing. Follow Gary here.
A hard stance against “heavy polluters”
If your company is sourcing products from China, then there is a major disruption that may be flying under your radar. Since June of 2017, China’s new Ministry of Environment is taking a hard stance against Chinese
Good food, good people, good times. Oh, and the annual bags tournament!