One Stop Solution Manufacturer for all kind of Stamping Products and CNC lathed products.
Metal stamping parts are widely used and have become indispensable products in many industries. With the development of society and the improvement of people's living standards, metal stamping factories are also facing many problems. Next, Precision will analyze for everyone, what problems have been plagued by metal stamping factories in recent years. 1. Labor costs continue to rise. Most of the domestic metal stamping plants are labor-intensive, and there is a huge demand for manufacturing workers. It is difficult to recruit people. Of course, wages will increase. Affected by rising prices in recent years, no one will be recruited unless wages rise. However, stamping automation technology is now very common, and it will have an impact on the employment of workers. 2. Vicious competition among peers The entry barrier of the stamping industry is relatively low, which leads to chaos in the entire industry, and there is inevitably some vicious competition. Price competition has led to lower and lower profits for stamping plants. 3. Prices and housing prices continue to rise. The prices of raw materials and equipment required to produce metal stamping parts are also rising, which makes the pressure on stamping plants continue to increase, and more importantly, the increase in workshop costs. Nowadays, high housing prices are pushing up workshop rents year by year. Many metal stamping plants have to move their factories to relatively remote places. [Related recommendation] Learn more: What are the methods for polishing the surface of stainless steel? Learn more: Manufacturing characteristics of automotive stamping parts molds Learn more: Points to note in the design of continuous stamping dies
Contact Person: Steven Yan
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One-stop manufacturer for all kind of stamping products and CNC lathed products.