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Force Sign Heading to Thailand – Oil Prices and Rising Inflation the Cause - Force Sign is going to Thailand. Due to increase pressure from China and India Force Sign is buying a print shop in Northern Thailand
Force Sign Heading to Thailand – Oil Prices and Rising Inflation the Cause

 

PRZOOM - /newswire/ - Youngsville, NC, United States, 2008/07/11 - Force Sign is going to Thailand. Due to increase pressure from China and India Force Sign is buying a print shop in Northern Thailand.

   
 
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Force sign headquarters in Youngsville NC USA has announced plant opening in northern Thailand. Robert Force Vice President of Force Sign has said that due to increased energy prices and economic inflation that a change had to be made. Mr. Force is quoted as saying “Due to the energy upswing in prices and increased import pressures from China and India in the Print industry it only makes sense to look outside the box" Force Sign is only a year old but has already been forced to look overseas to Asia to stay in step with competing companies there.

Many industries in the United States have been hurt not only by energy prices but also the weakening of the U.S dollar and creeping inflation. Although the print industry forecasts an increase in overall profits from advertising and trade show industries. The fear among print industry analysts is that the US. inflation rate will eat away any profits that were forecasted.

China and India are becoming main players in a bid to take market share from United States commercial printing companies. Large format printing, off press printing as well as magazine and brochure printing are all main targets for the Chinese and India companies. Even with shipping prices rising it's still cheaper to hire work force and buy materials in these emerging aforementioned countries.

Force Sign therefore has decided it was already time to switch gears and establish itself in the Asian market place. Though a company spokes is quoted as saying that Force Sign does not plan to compete locally in the Thai market all of its products will be shipped to the United States.

 
 
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Agency / Source: Force Sign

 
 

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Force Sign Heading to Thailand – Oil Prices and Rising Inflation the Cause

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Contact: Robert Force - ForceSign.com 
sales[.]forcesign.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Force Sign securities in any jurisdiction including any other companies listed or named in this release.

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