Somebody here doesn't know much about tool-and-die work.
Typically, a "tool-and-die" shop makes tools and dies. This is highly precise engineering, drafting, and machining work, and those who DO it have at least a 5-year training period before they obtain a journeyman's status. (BSME=4 years, Journeyman = 5 years, note well.)
SOME "tool-and-die" shops also stamp the metal or mold the plastics with the tools and dies they create.
It has been the sad experience of many tool/die/stamping and tool/die/molding shops in this area (Wisconsin) that when one 'offshores' the stamping work to PRChina, the tools/dies are very quickly copied by a PRChina pirate, who then offers the SAME PARTS to the end customer for 30% of the price the US shop is charging.
That's exactly correct - PRC spends very little of the production dollar (yuan) on R&D, others do that. They focus on copying and manufacturing. Any business that sends a part or parcel to China looking for a huge cut in production costs has just sent their idea to be covering the globe in 80% cost reduction. People (and businesses) are like water, they'll seek their own level. When people of few ethics deal with people of few ethics, well.....
Different trade, same story.