Globalization: What’s the Deal?

Nowak’s take is somewhat different. “I think that it offers U.S. converters minimal opportunities unless we want to build plants overseas. One of the key aspects that we offer customers is service, and being weeks away by boat eliminates this advantage,” he says. “If we compete only on price, the cheap foreign producers can beat us. In addition to service, the more lax environmental rules in foreign countries make it cheaper to produce there than in the U.S.”