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As toolmaking in China changes, Cosmos moves factory, focuses on technology

By: Steve Toloken

Cosmos Tooling Solution Ltd., an American-Chinese joint venture mold maker, has a problem common to many factories in China's coastal manufacturing zones: keeping good staff in a place with rapidly rising wages and a transient workforce. So it came up with a not-very-common solution. It picked up and moved its factory from Dongguan, a major mold making center with thousands of tool shops, 120 miles north to the smaller city of Shaoguan, where there are only a handful of similar firms.

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