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But the building boom of the previous decade means there's also excess manufacturing capacity available to supply that market.
The move will eliminate certain "nonstrategic product lines and reduction of excess manufacturing capacity," the company said.
There has been a return to a model that burdened the country with excess manufacturing capacity, a property bubble and a rising number of non-performing loans.
The product design allowed them to use their existing processes for sourcing and distributing food as well as empowered them to use excess manufacturing capacity.
In "Hurray for Ghost Cities," Mr. Anderson argues that these wasted investments are not really a big deal, adding that it might be better that the money was blown on developments rather than even more excess manufacturing.
Meritor Automotive, a maker of automotive systems and components, said yesterday that it planned to lay off 500 workers and eliminate excess manufacturing capacity in Europe as part of a reorganization that will reduce costs by $21 million a year before taxes.
Similar(41)
Most of the mercury here has been declared excess because manufacturing processes have changed and it is not used as much as it was in the past.
The company also has "excess paint manufacturing capacity with the recession, since the demand for paint in the United States has declined in the last couple of years," he added.
A major reason for the down ward revision clearly was the emergence of excess capacity, with manufacturing operations in the first quarter at slightly less than 80percentnt of plant capacity.
It has 40% excess capacity in manufacturing.
So far, they're the only printing company taking fabric scraps, the excess cuttings from manufacturing t-shirts, and turning them into cards.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com