In the article about Chinese competition (“Year of the snake? U.S. mold makers struggle with Chinese competition,” Sept. 3, Page 1), I have to wonder about that $16 million worth of Chinese injection mold imports for 2000. I am no financial wizard, but if the Chinese are building molds for 20 cents on the dollar, then we have to multiply this figure by five to arrive at $80 million, which is the amount of lost business for American mold makers.
As they continue to utilize their vast labor pool at slave wages, what we are witnessing is the end of mold making in this country, one shop at a time. In Chicago, I have seen some long-standing companies close their doors. Delta Tech Mold, Atols, R.O. Schultz, and Deluxe Die Mold are all shops I have worked at that are no longer in business. Where will it end?
In the Sept. 9 Chicago Tribune, a writer praises General Electric Co. as everyone's favorite, $130 billion colossus. The writer goes on to say that retired Chairman Jack Welch had the kind of ideas that other business leaders copy. Jack Welch once had the idea that GE should build factories on barges to sail wherever production costs are cheapest. That one has not happened yet, but as the United States continues to sell out to foreign manufacturing, it is looking as if these business leaders have been given all the rope they need to hang themselves and us along with them.
Gary E. Canzoneri
Advance Dial Co.