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What is your company niche, and what does your company do that is notable, unique or different?
The most important thing in the tooling industry is
innovation, and because of it, we keep improving our skills
in (1) gas-assist molds, (2) rapid tooling, (3) mirror surface
tooling, and (4) double injection tooling as our company
has grown over time, rather than stay in traditional/normal
single injection tooling stage. We believe this point makes
our company unique and different than others for meeting
clients demands time after time. Employees also give
their feedback. We go after areas of waste and
improve operations on an incremental basis and we
get immediate results.
When and how did you get into the industry, what attracted you to it?
Ray Liu, Managing Director, majored in Mold/Tooling in a Technical College in Taipei
and entered this industry after he graduated. He started his present company in 1988 mainly
building plastic mold tooling for the consumer electronic industries. Then, their major customers
included Foxconn Technology, Aiwa and Panasonic. Today, major customers such as Panasonic
and Sony are still our anchor customers. In 2006, we branched out to other industry sectors such
as automotive and medical devices. In 2006, through a close mutual friend, Frederick Wong was
invited to join as a shareholder and partner and he is responsible for business development, and
sales and marketing. (Frederick Wong graduated with a diploma in Shipbuilding & Offshore
Engineering, Ngee Ann Polytechnic, and also has an advanced diploma in Strategic
Marketing, Singapore Polytechnic and a business degree in International Marketing from
Edith Cowen University, Australia.)
Are you involved in any industry organizations or educational programs related to the trade?
Yes, we are a member of the Taiwan molding organization.
What do you think about changes occurring in the industry due to globalization? How has it
affected the way you do business?
Clients will demand higher quality, low costs and diversity in tooling due to globalization, and sourcing has
resulted in intense competition from lower cost China.
Internet marketing is becoming very important and clients can easily access new sources of supply.
Our company puts a strong emphasis on, and shows respect for, our customers Intellectual Property
and also on on-time delivery.
What will the industry look like in 3 to 5 years?
Technology and new skills development will be the key of the future; and an increase in efficiency and
productivity will result in savings on labor costs, decreases in environmental pollution and the providing of
high quality products to maintain a competitive edge over China.
Additional Background Information:
Number of years in business: Founded in 1988.
Website: www.jy.com.sg