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Chen Chiang, the founder of prominent Chinese machinery firm Chen Hsong Holdings, died March. 13. In 1990, Chiang donated his holdings in the company to a foundation that's given more than $50 million to training, scholarships and research.
Strong sales of injection molding machines continued into 2021 with solid demand again from the medical and home goods markets as well as businesses bringing back production from overseas — and it's almost all in response to the pandemic.