Monthly Archives2001 September

Growth of the fiber market growing and production beginning to shift

• 12 September 2001
• by: Dmitriy
• in: History of Aspex,Uncategorized
• note: no comments

By 2001, with the growth of the fiber market and production beginning to shift to countries with lower cost labor, Aspex Incorporated surpassed sales of more than 100 systems worldwide. Many of the earlier SpinTrak™ systems supplied in developing markets were transferred or purchased by larger companies from Western Countries who invested in new plants in lower cost developing countries. Additionally, SpinTrak™ systems were being recommended or supplied by well known machinery or engineering companies building the new plants.