​​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 technologically uncompetitive without new tooling business to support investment in newest machinery & tryout equipment.  ​The report offers steps to revitalize the US tool & die sector.

https://www.cargroup.org/publication/impact-of-overseas-tooling-sourcing-by-automakers-on-u-s-based-tool-die-firms/

-Danny Schaeffler, www.EQSgroup.com and www.Learning4M.com