wire® stand: 15.E47
In its 40 years of operations, TLM Srl has been able to observe an unmistakable tendency on the fastener market. European manufacturers of fasteners, nuts and bolts have experienced increasingly lower profit margins, while competition with Asian producers remains critical. Labour in Asia is abundant at much lower costs, there is more favourable taxation and less restrictive constraints compared to EU regulations.(…)
via The strategic choices behind TLM machine technology | Fastener + Fixing Magazine.