Business Services Industry
Boston-Area Plastics Companies Face Fierce Competition from China.
Knight Ridder/Tribune Business News, August, 2003
By Charles Stein, The Boston Globe Knight Ridder/Tribune Business News
Aug. 19--It is a long way from China to Hyannis, but not far enough for David Bour...ue.
His 20-person Hyannis company, Abco Tool & Die, has been losing jobs to competitors in China. On some projects, Bour...ue has submitted bids for $50,000 to make elaborate plastic molds for the optical industry.
The bids from his Chinese rivals: as low as $5,000.
"My materials alone can cost me $20,000," said Bour...ue, the company's president. "You are talking about a huge difference."
In Clinton, about an hour from Boston, Nypro Inc., another plastics company, also has China on its mind. But for Nypro, China represents not a threat but a huge opportunity....
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