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Research from Boston Consulting Group shows many US customers prefer and will pay for products that are made in the USA. Hypertherm is a US-based manufacturer of advanced plasma, fiber laser and water jet tools for industrial cutting applications.
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Customers prefer – and will pay for – products built in the USAU.S. consumers would rather purchase a more expensive product built here than one made in China.
Survey from September 2012 Source: The Boston Consulting Group®
Q: Do you prefer a product made in the USA or in China?
Somewhat prefer ‘Made in China’ 1%
Absolutely prefer ‘Made in USA’ 60%
Somewhat prefer ‘Made in USA’ 19%
No preference 20%
Definitely not likely to pay more for ‘Made in USA’ 6%
Q: Are you willing to pay more for a product made in the USA than a product made in China?
Definitely would pay more for ‘Made in USA’ 26%
Somewhat more likely to pay more 55%
Somewhat less likely to pay more 12%