Worldwide Manufacturing USA Inc. (OTCBB: WMFG)

Dear Reader,

To the opportunist go the profits.  It’s a simple business mantra.

Companies must pursue the most cost-effective means to accomplish their objectives so that they may increase profitability and maintain a competitive edge.  This is not news nor is it the fine result of a Wharton Business School education. It’s common sense, Business 101, if you will.

These truisms explain why today’s featured company, Worldwide Manufacturing USA Inc. (OTCBB: WMFG), has accomplished so much thus far in the execution of its business plan. Worldwide, you see, offers American companies (and others) a competitive advantage by sourcing effectively-priced manufacturing in China.  As the US dollar declines against currencies worldwide, one could speculate that these cost-efficiencies may well have kept domestic firms afloat in troubled economic waters.

Better yet, this ambitious and PROFITABLE  public company is looking to graduate from a dynamic manufacturing firm that does some manufacturing in-house while outsourcing others, to a diverse holding company providing a broad service umbrella for its customers.

Sound intriguing?  It is, and an open-minded investor will take a moment to look at this Far Eastern profile.  Perhaps you can benefit as many American companies have.
 

About Worldwide

As a contract manufacturer, Worldwide does not primarily manufacture customer parts, but subcontracts to factories that produce these parts. Worldwide has operations in the State of California and the Peoples Republic of China. Worldwide provides its services to companies in the United States and is in an expansion mode to offer its services to other markets. Worldwide has two wholly owned subsidiaries located in China: Shanghai Intech Electro Mechanical Products and Chengde Science & Technology Co., Ltd. 

As a contract manufacturer, Worldwide provides sales, management, oversight, and technical production control to its customers. Worldwide then identifies which of its sub-contractors is capable of producing customer parts according to desired specifications and quality standards. Worldwide's sub-contractors then provide: equipment, labor, plant operations, and working capital to fulfill the customer order. Worldwide is in control of the customer order from inception to delivery.  Worldwide customers are drawn from a broad group of industries including: aerospace, telecomm, automotive, machinery, tools, home electrical, and electronic toys. 

Worldwide is now a direct manufacturer of air-conditioning units for cars.  In June of 2004, Worldwide began extensive discussions to acquire several factories from among its 99 subcontractors mostly in Shanghai, Jiangsu, and the Zhejiang areas of China. The Worldwide business model calls for the company's expansion into direct manufacturing. Worldwide management made two acquisitions last year and has engaged an experienced, SEC-approved auditing firm and an independent legal team to assist Worldwide with its further due diligence of acquisition candidates.
 

Manufacturing

Worldwide is part of the Capital Goods Sector of  the Industrial Machinery & Equipment Manufacturing industry.  This $152 billion industry recently posted a year-over-year quarterly revenue growth of 19.1 percent. 

Even as the United States’ economy slowed down from 2000 to 2001, Worldwide realized over 17.4% annual growth in its gross revenues.  From 2001 to 2002, the growth rate was 21%.  The growth from 2002 to 2003 was 35% and the most recent period 2003 to 2004 showed additional growth of 12%. 

One of the reasons Worldwide has grown instep with or even ahead of the industry is its quality control.  With 33 engineers in its Shanghai Intech subsidiary to oversee every phase of its operations, Worldwide Manufacturing can boast of a rejection rate of product of less than 2%, and that rivals the best of U.S. manufacturers.
 

Worldwide Divisions & Products

Foundry Die-Casting, " Investment Casting",  Plastic, Forging, Sand Casting

Worldwide's Foundry Department provides high-end finished foundry products to meet customer's requirements.  Worldwide has well-trained engineers in its California headquarters and its China-based subsidiaries.

Machining & Stamping Machining, Stamping, Extrusion

Worldwide has a strict material inspection lab and a rigid inspection process to assure that products meet customer's requirements.  The Worldwide redesign capability provides products with very tight tolerances and high surface finish requirements.

Electronics PC Board Fabrication and Assembly, Cable, Coils

Worldwide can go from printed circuit board to final build as well as test, burn in, package and shipping of products.  Worldwide works hard to give its customers great performance and a winning attitude.

Fiber Optics CWDM, DWDM, FWDM and OADM, FBT Coupler/Splitter, Attenuator, Isolator, Fiber Optic Sub-components and PCB assemblies.

Worldwide is a manufacturer and provider of Fiber Optics. Worldwide provides high performance and low cost fiber optics that always exceed customer expectations.

The success of Wal Mart was based on it's innovative, same day turnaround of inventory and tracking. Worldwide recognized early on that to compete at the highest levels, it needed an inventory and delivery system that would rival and even surpass domestic suppliers in the U.S. 

Worldwide integrated the Kanban inventory control system at its California facility to meet the challenge.

The working-capital turns of manufacturing customers always requires prompt delivery times and the Kaban system provides it. In a nutshell, Worldwide customers are issued state-of-the-art purchase orders that are delivered to Worldwide. As the order is processed internally at Worldwide, the order is tracked through each step of delivery until it's on the clients doorstep. The inventory delivery performance at Worldwide , frequently surpasses its domestic competitors. 

Recent News From Worldwide

SAN BRUNO, Calif., March 17 /PRNewswire-FirstCall/ -- Worldwide Manufacturing USA, Inc. ("Worldwide") (OTC Bulletin Board: WMFG - News) today announced that it has received a purchase order for 10,000 air-conditioning units for cars from Beijing Automobile Manufacturing Co., Ltd. The contract is worth over 3 million dollars and extends through January 18, 2006. The air-conditioning units will be manufactured at Worldwide's newly acquired factory, Chengde Science & Technology Co., Ltd., ("Chengde"). Jimmy Wang, CEO of Worldwide, stated, "We are excited to receive this order since Beijing Automotive is one of the largest car manufacturers in China." To read the entire release and disclaimer, the link is Here

SAN FRANCISCO, March 1 /PRNewswire-FirstCall/ -- Worldwide Manufacturing USA, Inc. ("Worldwide")(OTC Bulletin Board: WMFG - News) today announced the acquisition of Chengde Science & Technology Co., Ltd., a Chinese corporation ("Chengde"), in exchange for $120,000 plus 360,000 shares of restricted common stock of Worldwide to be allocated over three years. Chengde is a factory that produces air condition units for cars in Asia. Jimmy Wang, CEO of Worldwide, stated that "this acquisition allows Worldwide to become a direct manufacturer, to obtain larger orders from current customers and to attract new customers in the automotive industry." Mr. Wang noted that the Chinese Government has laid a plan in which it hopes that 1 out of 50 people will own a car in China compared to the present 1 out of 500 who presently owned a car. This translates into explosive growth in the automotive industry and air conditioning in cars, likewise, could see a dramatic and rapid rise in demand." Worldwide plans to add approximately one million dollars of working capital over the next year to meet the anticipated increase in demand. To read the entire release and disclaimer, the link is Here
 

Recent Coverage of Worldwide Manufacturing

Financial Highlights For Worldwide

To Contact Worldwide

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