In January of 2013, Wal-Mart made a huge announcement to buy an additional $250 billion in US made products by the year 2023. In the last two years since, the company says suppliers have made huge adjustments to change the ways products are produced or assembled in the US.
About two thirds of products sold in Wal-Mart are now made, grown, or sourced stateside. And, with the companys continued support to purchase $250 billion in products over the next 8 years, Wal-Marts merchant network is finding and identifying new domestic manufacturing opportunities. Wal-Mart identifies them in 3 specific ways:
- Simply buy more products from its existing American suppliers;
- Find new U.S.-made products to sell at Wal-Mart; and
- To look where it makes sense to manufacture or assemble products in the U.S.
Read more about Wal-Marts Made in the USA initiative on Packaging Digest.
