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Focusing on Stamping precision parts and CNC machined parts  over 18 years                    ym@syjwj.com.cn        +0086 159 1692 8704

Several problems currently facing the metal stamping industry

1. Labor costs continue to rise. Now the older generation of stamping workers have retired at home, and the young people are not engaged in the hard and boring work of stamping. In recent years, the society is impetuous. What everyone pursues is eager for quick success and instant benefits. With a monthly salary of over 10,000, this is simply impossible. A large number of so-called stamping people are actually just passing by in the industry. They only think that this is a hard-working industry. In fact, there are many people who are capable of being rooted in the manufacturing industry who can mix well. Most of the domestic metal stamping factories are labor-intensive, and the demand for manufacturing workers is large and they cannot recruit people. Of course, wages will increase. In addition to the price increase in recent years, they will not be able to recruit people if wages do not increase. However, stamping automation technology is so common now that it will have an impact on the employment of manufacturing workers. 2. Vicious competition among peers. The entry barrier of the stamping industry is relatively low, resulting in a mixture of fish and dragons in the entire industry, and vicious competition is inevitable. Prices are constantly being pushed down, and profit margins are already very weak. 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. The most important thing is the increase in workshop costs. Nowadays, high housing prices are also driving up workshop rents year by year. Many metal stamping factories have to move their factories to remote locations. Previous post: How to choose the recruitment information of so many hardware stamping factories nearby?

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Dongguan Fortuna was established in 2003. It has a factory area of 16,000 square meters and 260 employees. It is a production enterprise specializing in precision metal stamping parts, precision CNC processing, injection molding and product assembly.
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One-stop manufacturer for all kind of stamping products and CNC lathed products.
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Contact Person: Steven Yan
Whatsapp: +86 15916928704
Wechat: CITY-STOP
Phone: +0086 159 1692 8704
Add: No. 226, Shida Road, Dalingshan Town, Dongguan 523810, Guangdong, China
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2-47-10-203Nishifunahashi, Hirakata City, Osaka
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