Why Ownership Agreements Are Crucial for Custom Molds in Manufacturing
Custom molds are often a double-edged sword.
Custom molds are essential for unique designs, but they come with risks most buyers ignore.
If the mold remains on the factory’s premises, they might claim ownership.
Essentially, holding it hostage if you want to switch suppliers.
Always have a written agreement stating that the mold is your property and transferable at any time.
Control the mold, control your production.
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