Remove 2020 Remove Lead Time Remove Sourcing
article thumbnail

Soft Skills Prove a Sharp Edge in Plastics Manufacturing

Modern Machine Shop

This includes the pandemic, when a surge in the medical market helped make up for lower demand in other markets — and for the challenges of moving into and renovating its current 10,000-square foot facility, which Mark and Nancy had only just purchased at the start of 2020.

article thumbnail

Manufacturing PMI® at 48.4%; November 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The overall economy continued in expansion for the 55th month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving but some product shortages reappearing. percent, 3.3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Vertical Integration, Automation Helping 3D Printed Spine Implant Manufacturer Scale Production

Modern Machine Shop

Source: Additive Manufacturing Media “Additive manufacturing can’t be a cornerstone of manufacturing unless it’s profitable,” says Adam Clark, CEO of Marle Tangible, a 3D printed medical device manufacturer located in Fairborn, Ohio. Source: Marle Tangible Efficient Batching.

article thumbnail

Innovation With the Additive Advantage

Additive Manufacturing

AM delivers agility, consolidation and savings on lead-times, costs and resources. SOURCE: Northrop Grumman. In 2020, Northrop Grumman shipped 10 rocket motor segments from Promontory, Utah, to the Kennedy Space Center, where the motor segments were assembled into two separate solid rocket boosters.

article thumbnail

Assessing The Rising Input Costs Associated With The Global Pandemic

Donlouco

There is no doubt that there has been an upward trend on metal prices for some time now initially for copper and aluminium driven by the demand for EV’s globally, but this trend has accelerated hugely in recent times and migrated into the steel industry also. Fig 1: Source : Trading Economics. Fig 2: Source : Financial Times.

Freight 52
article thumbnail

A legacy of capability

Manufacturer's Monthly

The year 2020 saw the formation of a National Sustainability Committee, indicative of a structured approach to sustainability goals. As Australia’s energy grid and local smelters progress toward decarbonisation, Capral anticipates providing customers with a substantial supply of locally sourced low-carbon aluminium.

article thumbnail

Optimas Solutions Elevates Mike Tuffy and Daniel Harms to Dual-CEOs

Fastener News Desk

The decision to implement a dual-CEO structure evolves the organizational model established in 2020 with autonomous, yet connected, business units. Manufacturing Capabilities to expand capacity, improve output and reduce lead time for customers. Their leadership, partnership, and results have exceeded expectations.”.