When Hydraulic Press Manufacturing Co again brought its injection molding machines to one of North America's largest plastics industry fairs this month, it arrived with equipment made in China.

The 135-year-old HPM, which began in Ohio as a maker of machinery to extract apple cider, was one of the top plastics equipment manufacturers in the United States before it ceased operations in 2009 amid the global recession.

Guangdong Yizumi Precision Machinery Co Ltd then acquired all of its intellectual property in March last year and began production in South China.