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Precision machinery industry orders drop 30%

(Kuala Lumpur, 2016) The Malaysia Mould and Die Association (MMADA), Chairman Chong Thim pointed out that the turnover of the precision machinery industry has shrunk by 30% last year, but many members are still improving the production process in a difficult situation.

“Although the orders of mold manufacturers in the industrial field have fallen by as much as 40%, many members can still readjust their operations, improve production processes, increase efficiency, and develop new markets to achieve growth.”

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