CAR Director of Manufacturing, Engineering, & Technology Abe Vadhavkar writes about the impact of sourcing tools overseas on the US tool & die sector. The report states that new tooling sourced in Low Cost Countries such as China and Taiwan may cost 20 percent lower than US sourced tooling, with similar time-to-completion, even with shipping. Among other things, the report highlights the advanced age of US tool & die workers and potential for US-based shops to become technologically uncompetitive without new tooling business to support investment in newest machinery & tryout equipment. This report offers steps to revitalize the US tool & die sector.
-Danny Schaeffler, https://www.EQSgroup.com and https://www.Learning4M.com
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Bill Frahm