Center for Automotive Research Report: Impact of Overseas Tooling Sourcing
Abhay (Abe) Vadhavkar of CAR 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 [...]