Investment in Chinese factories wavering

Posted Posted in Market, Setec news

Investment in overseas factories has its positives and negatives, however Chinese manufacturing may be slowly losing its advantage as China’s economy slumps. With a strong yuan and major factory closures, the appeal of Chinese low-cost manufacturing is wavering, giving Australian manufacturers a much needed advantage. According to an article in […]

Australian manufacturing – how smart business initiatives lead to smart growth

Posted Posted in Market, Setec news

Australian manufacturers often struggle to compete against large global companies. High industry costs and difficultly accessing larger international marketplaces from a relatively isolated location makes keeping prices low challenging for local manufacturers. While the current economic climate is creating an advantage for Australian manufacturers, companies have to continually refine how […]