Injection molding machine operating cost comparison: USA VS China

Date：2016-07-01 10:52:34

Recently published an official Plante & Moran PLLC Company in the management report of the Forum, said that although the United States injection molding machine operating costs than China, but the United States thanks to stable energy prices and energy costs and China's rising wages, the gap between the two countries shrinking.

    Ted Morgan, senior consultant manager at the accounting and management consulting firm said it expects operating costs of the injection gap will continue to narrow. China's price advantage more displayed on small tonnage vertical injection molding machine. In terms of large-tonnage injection molding machines, with the United States is very close.

    Plante & Moran company of its 2013 North American plastics industry survey said the hourly cost of the machine data further indicate that automation will help reduce China's low labor costs of the main advantages of industry consensus.

    Morgan said the key lies in the degree of automation vs. die after how much amount of work there, as well as investment products, the number of labor force.

    Morgan said that Mexico on small tonnage injection molding machines cost price between the United States and China, the United States large-tonnage machines and roughly. North America will become a powerful basis for production in Asia back to shore.

    Plante & Moran firm to represent the United States with Indiana injection molding machine operating costs. As the representative of China in Shanghai. In a 200-ton injection molding machine and a 2013 Digital 3000 t injection molding machine for comparison. These figures include only the injection molding machine operating costs per hour. Other services not included in the cost of Chinese production, such as transportation and supply chain extension costs incurred.

    Two points are energy and labor. China and Mexico real estate costs are also rising.

    China 200 tons injection molding machine at rates greater advantage, 35% lower than the US dollar 37.35 per hour, vs. US $ 50.40 per hour Indiana. The main reason is that in the small-tonnage injection molding machines, labor costs a large proportion of total costs, so the Chinese advantage.

    Morgan said the Indiana high labor costs than China high utility costs.

    2010--2013 years, Shanghai's hourly earnings rose by 76.5%. US labor costs are relatively stable. But Morgan cautioned that not exaggerate this trend. He pointed out that Indiana labor costs are still 2.5 times that of Shanghai.

    The case of 3000 tons injection molding machine is different, only 12.5% ​​of lower costs in China, Shanghai US $ 157.86 to $ 177.53 per hour vs. Indiana. One reason is that labor costs are large tonnage injection molding machines accounted for only about 30% of total costs, much lower than the proportion of small tonnage injection molding machine. Electricity running expenses occupy large tonnage injection molding machine in a large proportion of China's electricity and more expensive.

    3000-tonnage injection molding machines are also other more important factors in terms of cost.

    Morgan said there are very different cost of ownership. For large-tonnage injection molding machines, buying a large expenditure, but also requires a lot of fixed assets to provide support, space is also large.

    The US shale gas exploitation are given more advantages the United States to cheaper utility costs and energy costs to operate vertical injection molding machine.

    Morgan said the well-known Chinese utility bills much higher than in the US, but also rapidly rising.

    He believes that the US utility costs will remain stable. With the shale oil and shale gas exploration prospects so optimistic.

    Mexican manufacturing rapid economic development, in 2012, foreign direct investment of $ 12.6 billion in investment in manufacturing more than half. The rapid development of manufacturing industries including aerospace, automotive, electrical and electronics.

    Manufacturing workers' average hourly rate of $ 5 in the Mexican production of 200 tons of injection molding machine more competitive than Indiana - eastern Mexico to $ 45.91, while the US is $ 50.40. But in both 3000 ton injection molding machine is substantially flat.

    Morgan said that the cost of real estate in Mexico is higher than China.

    Morgan said the United States may be the molder Mexico as a "long-term threat" to their business. Mexican population younger, eager to catch up economically. But Mexico still faced with the mold resin production industry and supply base problem of limited, are being taken to enhance the practitioners of engineering and technical skills.

    He said that Mexico's injection molding machine operating costs will continue to be close to US levels.

    Morgan added that China's manufacturing industry will be more supply the domestic market, to a certain extent, to reduce dependence on exports.

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