British-owned molder dealing with China's changing market


Faced with rising costs in China and sluggish markets overseas, one local factory’s reaction -- building a facility inland and adopting sophisticated lean manufacturing techniques -- shows how some companies are adapting to the new business climate.

CBL Group, which operates a 500-employee injection molding and metals factory in Guangzhou, is being hit by both rising costs, with prices for some components rising more than 30 percent, and by continued uncertainty in its core North American market.

So the British-owned company has responded by completely revamping its operations to bring in lean manufacturing, building a new $8 million factory in central China’s Hubei....
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