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Western Trade Adjustment Assistance Center (WTAAC)

Success Stories

Plastic Injection Mold Manufacturer
California

This second generation company specializes in quality precision plastic parts production and turnkey manufacturing solutions. It is a full service contract manufacturer equipped to support prototype, pre-production and plastic production component orders.

During the 2 years prior to certification, the company suffered reduced annual sales in key product lines due to increasing foreign competition. As a direct result, annual sales in those product lines decreased 4% from 1999 to 2000, with employment decreasing 3% to 73 during this period.

The company with assistance from the University of Southern California’s Western Trade Adjustment Assistance Center (Western TAAC) became certified as trade impacted by the US Dept. of Commerce, Economic Development Administration (EDA) in May of 2001.

Western TAAC and the company's management developed a strategy to specialize in the manufacture of complex precision molded parts while expanding and diversifying its customers and industry base. The strategy included expanding into the medical industry.

The company has successfully completed its 5th year in the implementation phase of the TAA Program. During this period the company, with Western TAAC assistance, implemented its marketing, finance, quality, 2 phases of its product design engineering projects, and 4 phases of its information technology projects. Since beginning its public/private sector partnership with the TAA for Firms Program, sales increased 30% to $11M, productivity improved to increased 66% to $189,754 sales per employee, and the company regained profitable operating income over the past three years.

 
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