Cotton Co., Ltd., a leading cotton textile company, will open its first overseas factory in Lancaster County, South Carolina, with a total investment of US$218 million. "The contract has been transferred from intentional investment to substantive effect. The first phase of the project will break ground in February 2014 and is expected to be put into operation in October 2014." Huang Guogang, director of the group's office, said yesterday (December 26).

Liu Aihua, secretary-general of the Zhejiang Cotton Textile Industry Association, believes that the Kohl Group's establishment in the United States is mainly due to environmental pressures and raw material prices. "Domestic cotton prices are significantly higher than international cotton prices, and the spread is around 5,000 yuan per ton." Zhang Handong, dean of the Zhejiang Business Research Institute, said that before the manufacturing industry's foreign investment mainly included equity investment and mergers and acquisitions, it is relatively rare to set up factories directly in emerging markets or developing countries, and directly set up factories in the United States and other developed countries. With the constraints of trade barriers and other factors, as well as the rising cost of land, labor, resources and other factors, it is estimated that there will be more and more direct foreign investment.

Change in manufacturing mode

It is worth noting that Hangzhou Xiaoshan District, where the Kohl Group is located, is an important production base for Zhejiang Petrochemical, Textile and other manufacturing industries. In recent years, many local leading enterprises in Xiaoshan District of Hangzhou have begun to participate in foreign direct investment.

According to public information, in May 2011, Fulida Group, China's largest and world's third viscose fiber producer, acquired the entire shares of Canada's New Zealand Special Cellulose Co., Ltd., an upstream company in the industrial chain, for US$250 million. On January 30, 2013, Wanxiang Group USA announced that Wanxiang had received approval from the US Foreign Investment Committee (CFIUS) to acquire all non-government assets of A123.

According to another report, in the first 11 months of this year, Zhejiang Xiaoshan newly approved 17 overseas investment enterprises. The total amount of overseas investment approved by the Chinese side is 2 billion US dollars, 1.35 times more than the total of the first 20 years of 2012. The newly approved overseas investment is ranked among the national counties. (City, district) first.

At present, some traditional manufacturing industries in the southeast coast are moving to countries such as Southeast Asia, but the traditional manufacturing model in China is presented. Similar to the way the Kohl Group set up factories in the United States, it can bring some enlightenment to the development of the manufacturing industry. Trade barriers and other factors restrict the cost of land, labor, resources and other factors, and the “going out” strategy of enterprises to set up factories in developed regions can effectively promote industrial transformation and upgrading, and realize resources, technology, brand, market, competitiveness, etc. In terms of growth and improvement, "this model may be more and more."

In the future, the industrial machine interconnection trend, we only need to complete the control and data analysis in the background, the role will be transferred from the industry front line operator to the background administrator. These are happening in Europe and the United States and will appear in China in the future. Otherwise, these high-tech enterprises will quickly return from China to Europe and the United States. Now, the enthusiasm of the German Industry 4.0 is coming, and China has no retreat. [Re: The main battlefield of the new industry: China, there is no retreat! 】

JRT-Round Rotary Switch

Description

-Contact Resistance:≤50mΩ
-Insulation Resistance:≥100mΩ
-Dielectric Strength:1,500V,
-1min Electronic Life:10,000 cycles
-Operating temperature:T120
-Rating current/voltage:6A 250V AC

Features

â—† Small Compact Size, high reliability
â—† Micro contact gap,High speed operation,High sensitirity,Micro operatizon travel.
â—† Long life & high reliability

Rotating Switch,Rotary On Off Switch,Rotary Power Switch,Round Rotary Switch

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