Automotive manufacturers hold growth potential for TDM industry

 

Keeping this tooling, and the jobs and revenue it generates, in South Africa is among the key concerns of the AfriMold trade fair, which takes place from 10-12 October 2012 at the Gallagher Convention Centre in Midrand, Gauteng.”South Africa’s entire manufacturing industry depends on a strong underlying tool, die and mould manufacturing (TDM) industry. Yet this industry is declining locally, while growing rapidly elsewhere in the world.Engineering Colleges Tamil NaduIf we take the example of the car-manufacturing sector, it’s evident that the demand exists and the opportunities run deep for the local TDM industry.Best Engineering CollegesAt present South Africa’s automotive exports represent 11.8% of the country’s total exports, while automotive imports account for 16.7% of total imports,” says Ron MacLarty, managing director and organiser of AfriMold and Gauteng chairman of TASA.”Given the huge volumes of tooling that the automotive industry is shipping overseas, it’s worth considering that for every one job created for a toolmaker, 28 jobs are created downstream.Evidently a massive opportunity is being missed here and while the industry has the will, what is needed is the wherewithal to push it to the next level and that’s where AfriMold is poised to play an important role at this critical juncture.Automotive industry is a strategic asset”South Africa’s automotive industry is widely regarded as a strategic South African asset. Without doubt it is one of the manufacturing sectors that holds the most immediate potential for the revitalisation and growth of the local TDM industry.Read More: http://www.bizcommunity.com/Article/196/365/83237.html

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