Tariff impacts on costs and absorption

In this episode of Great Question: A Manufacturing Podcast, Laura Putre speaks with Richard Demirjian of heavy-truck components manufacturer TCCI about the impact of Section 232 tariffs and the USMCA on his business. They explore how Section 232 tariff rebates are influencing sourcing decisions, sometimes favoring overseas production over domestic manufacturing. The conversation also examines supply chain localization challenges, uncertainty around USMCA, and the evolving mix of ICE, electric, and hybrid vehicles. Additionally, they discuss innovation investments, workforce development, and the impact of refrigerant regulations on future product design.