Information
A Chinese mold maker has been received SPE year award
The Society of Plastics Engineers is taking its mold maker of the year
award in a new direction,.Chinese mold maker S.Y. Chu, chairman of
Pacific Master Precision Injection Ltd. in Zhongshan, China. Chu was
recognized for what Newtown, Conn.-based SPE said was both his business
plan — growing the company from a startup in 2000 to a 1,200 person
company today — and his interest in employee training. SPE also said it
wanted to bring a more international focus to the award, which it first
gave out in 1983. Scott Peters, the chair-elect of the SPE Mold Making
and Mold Design division, said he recognizes that choosing a Chinese
mold maker might be controversial among some in the North American mold
making industry, given the cost pressures from China and the economic
hard times the U.S. industry has faced in recent years.