That's the general situation in Taiwan after an explosion and fire at Launch Technologies, a golf ball manufacturer that produces golf balls by contract for companies such as Callaway, TaylorMade, and Bridgestone. The incident is responsible for at least 9 deaths and 100 injuries.
But we're golfers here, and clearly the most important issue is how this will affect the prices of golf balls. While I'm no economist, Launch Technologies was previously responsible for producing about 20% of the world's golf balls, and removing one-fifth of the total supply while demand remains the same will probably result in higher prices. Which is great, because golf balls weren't already absurdly expensive. I love spending $50 on golf balls that end up lost in a forest off the third fairway. Now it'll be $60, and this time I'll hit them into the pond next to the fifth green. Excellent.
No comments:
Post a Comment