Diversification not only offers benefits when investing. It also provides a way for manufacturers to better serve their current customers and attract new ones.
Clichés have a place in manufacturing, so long as they truly fit the application. For example, the expression "It's not rocket science" is perfectly appropriate to describe the use of a small manual press for a punching operation in the assembly of a consumer product.
Last year's California wildfire season was a record-setting one for the state. By the end of 2020, more than 9,600 fires had burned nearly 4.4 million acres, or more than 4 percent of the state's roughly 100 million acres of land.
Some challenges that manufacturers face are simple, while others are multi-faceted. An example of the latter is continually providing customers with products that are stronger and more durable, yet lighter and smaller to minimize shipping costs.
Makers of insulated glass use a variety of custom machines in their production facilities. Gas filling, glass handling and glass storage machines are three of the most common types.
Last month, NASA's Mars Perseverance rover landed on the red planet after 5.5 months of traveling through space. The rover's primary mission is to search for signs of ancient microscopic life and collect the first ever Martian soil samples for analysis.
Custom metal fabricator Miller Welding & Machine Co. has experienced steady growth since its founding in 1963. The keys to this growth are implementing process control, creating high-quality products and always being open to using new technology.
Some Tier II suppliers provide a wide range of parts to the automotive industry, while others are better suited to focus on only one type of part. Grand Rapids, MI-based Erwin Quarder Inc. (EQI) specializes in making plastic-injection overmolded, two-shot-molded and insert-molded parts.
Faurecia has been the world's largest manufacturer of vehicle interiors for the past several years. Automotive OEMs all over the globe install the company’s seats, dashboards, center consoles, door panels, acoustic modules and decorative elements.