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Chinese toolmakers make trip to NPE under tariff clouds

The city of Huangyan, in Jiangsu Province, China, would be unknown to many in the plastics industry for sure but it’s well represented at NPE, with at least six toolmakers making the trip half-way round the world to Orlando. Like many industrial cities in Eastern China, it specializes in a particular commodity—at one point in the 2000s, the self-described China Mold City reportedly fabricated as many as 70% of the injection molds made in China.

The US imported $451,867,108-worth of injection molding tools in 2017 from China. Total imports were valued at close to $2 billion, of which around $950 million-worth was imported from Canada, which is home to the likes of Husky (W1303) and Milacron group company Mold-Masters (W2703). Then follows Japan with $130 million of exported to the US in 2017, and Germany with $108 million. South Korea rounded out the top five with $103 million of exports to the US.

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» Publication Date: 11/04/2018

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