BChinaB Hits 800 Supplier Mark; Recently Featured in Lead Wall Street Journal Profile
CHICAGO--March 19, 2001--BChinaB, Inc., the largest US contract manufacturing firm in China, today announced the enlistment of the 800th manufacturer in its unique sourcing consortium in Mainland China. A lead feature last week in The Wall Street Journal, BChinaB sources high-volume, quality-assured products in China from suppliers who make applications for construction and building, MRO, automotive, home appliances and other industries. By managing the entire supply chain of an order - from raw material purchase to manufacturing to export - BCB saves its US distributors, processors, OEM's, and other buyers significant time and money."Vertical integration allows BCB to provide significant value both to our customers and suppliers," said William Xin, BCB co-chairman and a native of Xi'an, China. " For US buyers, BCB's end-to-end approach enables 'one-stop shopping' -- surpassing the value-added of most trading companies while saving the buyer time and money. Case in point: because we're vertical, we bypass lots of clutter in China's supply chain, extra middlemen that can add as much as 40% to input costs."
"We have been going door-to-door in China for more than two years," continued Xin, "We're rigorously screening our manufacturers for quality and building solid relationships with them - and we're bringing new manufacturers on every day."
About BChinaB, Inc.
In 1999, a couple of highly successful entrepreneurs, one a native of China, were searching for a way to help China modernize its obsolete, under-funded, distribution system -- the foremost bottleneck in China's thriving market economy.
During the course of three rounds of exhaustive, national market research, co-chairmen Jeremy Haft and William Xin found that the Chinese plastics industry, in particular, is highly privatized and growing fast, fueled by strong, sustained domestic and international demand. Their research demonstrated that by aggregating plastic product manufacturers across verticals -- an innovation that has yet to occur in China -- significant efficiencies could be achieved in the way that plastics are bought and sold, thereby helping to restructure a highly fragmented market.
The groundwork paid-off. By aggregating Chinese plastics manufacturers, BChinaB is today the leading sourcing channel in the plastics sector: offering US industrial customers a vast array of cost-efficient products, while also providing US sellers of raw materials a new sales channel into Mainland China
Additional information is available at www.BChinaB.com or by contacting founder and co-chairmen William Xin or Jeremy Haft at The National Manufacturing Week Conference in Booth # 8247. BChinaB, Inc., Chrysler Center, 666 Third Avenue, New York, New York 10017. (212) 922-9611.