I continue reading much about how costs in China have made manufacturing there too expensive. A few different blogs that I read this week had posts on the subject. Both concluded that for some things China was not the right place before and really isn't now. Low-end and commodity items are having the most trouble. As I've said before, OPSA hasn't ever done commodities or low-end items. We do have some component-level projects that have lost their advantage. As I've also mentioned in other posts, OPSA is shifting even more strongly to sub-assembly work and finished goods.
I can say that our business is growing nicely and that we are working on new projects every day. We are becoming more selective on what we spend our time on, but that's been a good thing. It's brought some more discipline to our sales efforts.
So, the old saying about not believing everything you read in the media is certainly valid in this situation. China and Asia continue to be a great option for the right projects.
Friday, August 22, 2008
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