Manufacturing Industry
We all contribute to the Wal-Mart Effect.(Special Report)
Plastics News, April, 2004
Byline: Angie DeRosa Molders are paranoid. Some officials are hiding their new products under cloths at trade shows, and you have to be granted special "viewing'' access. Cameras are absolutely taboo on the show floors, because foreign competitors will take a picture, take your idea, and make it cheaper somewhere else.
Trade show participation has diminished overall for domestic producers, who find it more cost effective to pay personal visits to their customers. And it's all the Wal-Mart Effect, a fire fed by relentless consumerism. Fifteen years ago, at the birth of Plastics News, Wal-Mart Stores Inc. itself was the least of a molder's worries. "I've never done business with Wal-Mart,'' grumbled one source recently. "I never have, and I never will.''...
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