What goes around comes around

What goes around comes around

In late April, I attended Moldmaking Expo 08 in Novi, Mich., hosted by our sister magazine MOLDMAKING TECHNOLOGY. The pain of globalization was clearly being felt there. Mike Zacharias, president of Extreme Tool & Engineering, Inc. of Wakefield, Mich., told how his firm suddenly lost 25% of his...

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Veröffentlicht in:Plastics Technology 2008-06, Vol.54 (6), p.11
1. Verfasser: Naitove, Matt
Format: Magazinearticle
Sprache:eng
Schlagworte:
Business conditions
Competition
Globalization
Injection molding
Plastics industry
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Zusammenfassung:In late April, I attended Moldmaking Expo 08 in Novi, Mich., hosted by our sister magazine MOLDMAKING TECHNOLOGY. The pain of globalization was clearly being felt there. Mike Zacharias, president of Extreme Tool & Engineering, Inc. of Wakefield, Mich., told how his firm suddenly lost 25% of his business-then largely telecom-based-because a majority of his customers were having most of their tools built in China. But these customers "were not happy with the results," he said.
ISSN:0032-1257
2169-7566