Singapore's Women Are Minding Their Own Business
Catherine Lam had been an accountant for 10 years in Singapore when she saw an untapped market for kitchen equipment. That was in 1979. In a pioneering move for a woman in Singapore, she started her own company, Fabristeel, to make steel carts. Now, the 50-year-old Lam has 130 employees at plants in Singapore and China that churn out steel tables and cabinets for restaurants and hotels. With a distribution network throughout Southeast Asia, Fabristeel's sales are running at $20 million a year.
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