Three Stories to Watch This Summer
For the past few years, North American moldmakers have been vigorously engaged in trying to cope with three industry-wide problems. These are: low-cost competition from China; a shortage of qualified workers entering the trade; and the rising costs of materials (i.e. tool steel) and labor (i.e. healthcare costs). These problems are far from solved. The future is far from certain. And moldmakers will continue to struggle with these issues for the foreseeable future.
But just in case you are getting bored or uninspired with the challenges posed by these issues, here are three more storylines that will unfold this summer and which merit your attention.
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