As an aside, ^this^ paragraph is pretty misleading in regards to how 'easy' or 'simple' it might be to start a new chip-making company from scratch. In each of the examples cited above, significant chip manufacturing history and experience was involved with each 'start-up' company:But new entrants are by no means impossible! CPC was itself a new entrant just a few years ago; they were able to fill an empty niche (the home market) and were able to purchase all of their assets (equipment, R&D, etc) from a previous player that had gone out of business. BCC had a somewhat similar story, being a new startup and making a fair go of it before getting bought out by GPI. Even Paulson started as a competitor to Burt Co, and eventually became a collossal success.
- CPC -- the new owners of the ASM assets had the considerable experience of long-time chip manufacturer Jim Blanchard, who left retirement to join the venture. Jim was a former production manager at Burt Co., who later purchased the Burt assets and operated his own Atlantic Standard Molding chip manufacturing company for decades before retiring.
- BCC's founders -- Charles Endy and son Mike -- had just recently sold their Paulson family business in a reverse merger that created GPI, when they decided to get back into chip manufacturing -- bringing 30 years of chip-manufacturing experience to the table.
- Paul-Son -- Paul Endy Jr., general manager at TR King (and son of TR King owner Paul Endy Sr.) left TRK and started the new Paul-Son Dice Co. when his father retired. Their initial chips were produced by Burt Co., until Charles Endy (former TRK manager) created a company (Top Hat & Cane Co.) and developed and perfected a new process for manufacturing clay chips and joined brother Paul to create the Paul-Son Gaming Supply Company. Decades of combined TRK chip manufacturing experience assisted in the venture.
And the original Hispania assets, since owned by three separate chip-related companies (but none with prior compression clay experience or insider knowledge of processes or materials) have not yet been utilized for clay chip production. It takes more than just equipment and money to sucessfully compete -- or even just participate -- in this arena. Knowledge and experience are key components.
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