Formagrind - Electronics Sub-Contractor Expands to Beat Foreign Competition One British subcontractor fighting back against the threat from China, India and Eastern Europe is Formagrind (www.formagrind.com) based in Neath, South Wales. Despite a tough period during 2002 and 2003 in the electronics industry that it predominantly serves, the company has carried on investing in an average of one Hurco vertical machining centres per year since the late 90s, and now has eight on the shop floor. Commented Formagrind's manager, Mike Couser, "Our customer base is unrecognisable compared with five years ago, showing how quickly we have had to adapt to stay in business. "We face a double threat – loss of work to overseas subcontractors as well as relocation of factories from South Wales to low-wag

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