(OUTKICK) – Multiple explosions at a factory in Taipei, Taiwan last Friday resulted in at least nine people, including four firefighters, being killed in a fire after parts of the building collapsed and trapped workers. While the loss of life is far more impactful and tragic, the tragedy is also expected to have a significant impact on the golf ball industry around the world.
The factory manufactured golf balls for Launch Technologies Inc., which is a leading supplier of golf balls on the planet. The Associated Press has reported that Callaway, TaylorMade, Mizuno, Wilson, and Bridgestone were all listed on the company’s annual report from 2021.
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Launch Technologies reportedly shipped more than 260 million golf balls in 2022, which makes up over 20% of all the golf balls sold worldwide. Of those 260 million golf balls sold a year ago, 80% of sales came via the United States.