China has been recognized by the United Nations as the most perfect modern industrial system in the world. Looking at China’s industrial system, whether it is steel industry, chemical industry, communications industry or banking industry, there are well-known large-scale enterprises in the country, such as Shanghai Baosteel. Sinopec, China Mobile and Industrial and Commercial Bank of China etc.
However, the plastics machinery industry is also part of the industrial system, and the plastics machine industry occupies an important position in China's industrial system. However, in China's plastics industry, there are no large internationally renowned companies. The internationally renowned presses companies are mostly foreign. Brand, The popularity and strength of China's presses enterprises in the world, there is a big gap from those internationally renowned companies. How do these well-known big companies stand out in their own country? How can China's press companies reach their height? Even beyond them?
Look at how those internationally renowned companies become international companies:
Berry Global Group
The United States Berry Global Group, supported by local government tax deductions, decided to expand the scale of investment in its location and improve production functions to meet the needs of new business development. In this investment, new investment projects can not only reduce The cost of production, driving employment, can also promote the upgrading of the company's industrial structure.
IVL
Thailand chemical manufacturer Indomar (IVL) acquired M&G's PET business in Brazil. The company aims to expand its share of South America in this emerging market through mergers and acquisitions to achieve a reasonable allocation of resources and continue to strengthen the company. The influence in the world. The company's chief executive said that he expects to use the new market to bring greater value to the customer while allowing the company to obtain greater profits.
Wittmann Battenfeld
India, as one of the emerging markets, has attracted many companies from around the world to invest and build factories. Wittmann Battenfeld of Austria decided to expand its factory in Chennai, India again. After the expansion of the factory, it could not expand. The product portfolio can also achieve product technology upgrades and also have certain technological breakthroughs in automation. Not only that, but it can also increase production by nearly half, keeping the company’s market share in India growing.
It can be seen that the world-renowned large companies in the press industry either expand their investment scale, or acquire companies in the same industry, or they firmly grasp the emerging markets. In view of this, China's press companies want to establish a foothold in the international arena. Names, need to learn from the practice of well-known large foreign companies.
Expand investment scale and increase industrial investment. Plastic machine companies should fully understand the significance of the investment market and expand the scale of investment. While expanding the scale of investment, they should also optimize the industrial structure, increase corporate profits, expand market size, increase company profits, and improve the company's industrial layout.
Acquire other companies through reasonable and legal means. In the market competition, the advanced market-adapted enterprises merged backward and out-of-market enterprises are one of the effective means to realize the rational allocation of resources. Some large companies can acquire and merge some small companies through legal means, and can expand and optimize the production scale of the company. And the scale of operations, while optimizing the allocation of resources at the same time enhance the company's strength and visibility.
Expand overseas markets and implement the 'go global' strategy. Plastic machine companies should take the initiative to participate in international cooperation and competition. As mentioned above, Austrian companies set up factories in India, and China's press companies should seize the opportunity to seize new market share. Enterprises actively 'go global' can not only make full use of domestic The two international markets optimize resource allocation, expand development space, promote China's economic development, and also be able to break through trade barriers and avoid trade frictions.
Conclusion
Although China has been listed by the United Nations as the country with the most complete modern industrial system in the world, in terms of the presses industry, China’s industrial development is still a certain distance away from the level of the advanced countries. To reach the level of advanced countries, we need a press. Industry practitioners work together.