Why New is Better

摘要

THE GLOBAL ECONOMY is a dangerous place, but it also offers great opportunity. Competitive pressures keep rising and entire industrial sectors have relocated to markets with lower costs. The surface preparation business has been global for two decades, shrinking in North America, Europe and Japan, but growing nicely elsewhere is the world, especially in the Asia-Pacific zone. The US automotive industry sources most of its castings from Mexico, Brazil, and India. Thailand is producing more cars than Canada or France. Singapore is a global maintenance hub for aircraft and engine maintenance and repair.