When I meet with a business owner for the first time, there are a few questions that I gravitate towards in order to get a better understanding of what it's like to own their business. One question I like to ask is “What is one of your greatest expenses in running your business?”
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.