Lei Jun, CEO of China-based Xiaomi Inc. wants to be China's Steve Jobs. The company he founded in Beijing less than four years ago already has over 3,000 employees and revenue in 2013 of 6.25 billion euros ($8.6 billion).
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.