• Manufacturing within the U.S. offers numerous benefits that can significantly impact a company’s operational efficiency and market competitiveness
• The Massimo Group’s recent announcement highlights the company’s proactive approach in leveraging these benefits
• “We are committed to providing our customers with the highest quality golf carts while ensuring long-term business sustainability,” states the CEO

In recent years, manufacturing goods in the United States has become increasingly advantageous for companies aiming to enhance quality control, reduce lead times and navigate complex international trade dynamics. Recent tariff announcements have made the move to U.S. soil even more compelling. Massimo Group (NASDAQ: MAMO), a prominent player in the powersports industry, has exemplified this trend by announcing the relocation of its MVR Golf Cart series production to its Garland, Texas, facility (https://ibn.fm/34Aav). This strategic move not only underscores the benefits of domestic manufacturing but also aligns with the company’s vision of delivering superior products while adapting to evolving market conditions.

Manufacturing within the U.S. offers numerous benefits that can significantly impact a company’s operational efficiency and market competitiveness. One of the primary advantages is enhanced quality control. By situating production facilities domestically, companies can closely monitor manufacturing processes, ensuring that products meet stringent quality standards. This proximity facilitates immediate oversight and swift response to any issues that may arise during production, thereby maintaining high-quality outputs.

Another notable benefit is the reduction in lead times. Domestic manufacturing eliminates the lengthy shipping durations associated with overseas production. This reduction not only accelerates the time-to-market for products but also enables companies to respond more rapidly to market demands and consumer needs. Shorter lead times can lead to increased customer satisfaction and a more agile supply chain.

Furthermore, manufacturing in the U.S. can result in decreased costs, including tariff and delivery charges. Producing goods closer to the consumer reduces transportation expenses, which can be a significant portion of a product’s overall cost. Lower delivery costs can enhance a company’s profitability and offer competitive pricing advantages in the marketplace.

Massimo Group’s recent announcement highlights the company’s proactive approach in leveraging these benefits. In response to U.S. trade regulators imposing countervailing duties and antidumping tariffs on certain foreign manufacturers accused of unfair trade practices, Massimo has decided to shift the production of its MVR Golf Cart series to its existing facility in Garland, Texas. This decision is aimed at enhancing quality control and strengthening the company’s presence in the U.S. market.

“We are committed to providing our customers with the highest quality golf carts while ensuring long-term business sustainability,” said David Shan, CEO of Massimo Motor. “Bringing production to our Texas facility strengthens our supply chain, enhances quality assurance and positions us competitively in the U.S. market. Our customers and dealer partners can continue to rely on Massimo for innovative and reliable personal transportation solutions.”

By relocating production domestically, Massimo is poised to mitigate the financial impact of international tariffs and duties. This move not only safeguards the company from potential cost increases associated with imported goods but also aligns with a broader trend of reshoring manufacturing operations to the United States. Reshoring can provide companies with greater control over their supply chains and reduce exposure to global trade uncertainties.

The Massimo Group has established itself as a significant entity in the powersports sector. The company’s product portfolio includes a range of off-road vehicles, such as all-terrain vehicles (“ATVs”), utility task vehicles (“UTVs”), and golf carts. By focusing on innovation and quality, Massimo has cultivated a reputation for delivering reliable and high-performance vehicles tailored to diverse consumer needs.

The company’s vision centers on providing exceptional products that enhance the recreational and professional experiences of its customers. By prioritizing quality and customer satisfaction, Massimo aims to be a leader in the powersports industry, continually adapting to market trends and consumer preferences.

For more information, visit the company’s website at massimomotor.com, massimomarine.com and massimoelectric.com

NOTE TO INVESTORS: The latest news and updates relating to MAMO are available in the company’s newsroom at https://ibn.fm/MAMO

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