DONGGUAN, CHINA — More than 35 workers from bankrupt American mold maker Feng Ping Tooling & Plastics Mfg. Co. Ltd. were arrested Dec. 23 in Dongguan after they tried to block traffic outside a local Wal-Mart near their factory to protest what they consider an unfair wage settlement.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.