China – Pen Ball Production

(completed)

ASICO

Projectdescription

ASICO is a small Swiss business specialized in the sales and distribution of pen balls made of tungsten carbide

These pen balls have a diameter of 0.7mm and are produced with high precision machines. The price competition of the pen balls increased and ASICO established an own production site in China. This allows the company to secure enough raw material, tungsten carbide is mainly sourced from China, and products of high quality.

The production site in China employed 60 people at the time when it was sold by ASICO. Today, there are still 20 employees working there and producing pen balls.

Development Impact

Creation of 20 jobs