I was quoted in an article by Steve Toloken (“More exports to cure mold makers' ills?” April 14, Page 1) that I believe bears some further explanation. Steve was writing about the Commerce Department initiative to try to help tool and die shops expand exports to help our industry. In the article I was correctly quoted by Steve, but our discussion was much more than the quotes attributed to me.
I explained to Steve that the Manufacturers for Fair Trade and myself as its president and spokesman are fully supportive of the efforts that the Commerce Department has offered, and that we intend to do everything possible by our organization to work with the National Tooling and Machining Association, the Commerce Department and other industry groups such as the National Association of Manufacturers and the American Mold Builders Association to expand the export market of injection molds.
I then went on to explain my personal experiences in attempting to open export markets in Mexico and Europe and the difficulties I encountered in my efforts. Further, I was told by a Commerce Department official that he was doubtful that there was an export market for my products because of the high labor content in our products and hence the high comparative costs.
I have received several phone calls since the article was published questioning my statements, and I wanted an opportunity to set the record straight.
Daniel W. Jepson
Jepson Precision Tool Inc.