Remove 2024 Remove Automotive Remove Lead Time
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Partnerships Fuel Moldmaker’s Growth in Technology and Training

Mold Making Technology

In 2024 we chose to join the Heico Family of Companies as we felt it was a unique opportunity to grow the business while keeping the spirit of our father intact. How has having offshore partners influenced your operations, particularly regarding lead times and cost-effectiveness? Supports multi-mold projects (five-25 molds).

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Top Trends in 2025

Automation Mag

Canadian companies have had a rough start to the year as discussions on the potential economic impact of tariffs point towards difficult times ahead. While the end of 2024 suggested a growing focus on humanoid robotics and further advancements in AI, automation technologies have taken a backseat in current plans for Canadian manufacturers.

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Collaborative Engineering Drives Quality Mold Solutions

Mold Making Technology

This team is involved in the design, development and maintenance of high-precision molds, including multi-cavity and complex molds used in various industries such as automotive, medical and consumer goods. This technological shift has allowed us to reduce lead times, improve consistency and take on more complex projects with greater accuracy.

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Manufacturing PMI® at 47.2%; September 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

1, 2024 /PRNewswire/ — Economic activity in the manufacturing sector contracted in September for the sixth consecutive month and the 22nd time in the last 23 months , say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. . Comments tied to automotive builds.”

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Manufacturing PMI® at 49.2%; April 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Suppliers continue to have capacity but work to improve lead times, due to their raw material supply chain disruptions. ” [Chemical Products] “Sales continue to exceed expectations in 2024. We’re quoting new business for the factory, and automotive builds continue at averages but not near maximum outputs.

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The automation agenda: Unlocking potential and building resilience

Automation Mag

By moving engineering activities to earlier in the development process – the so-called “shift-left approach” – companies can assess the potential impacts of disruption on the product at the time of design and reduce lead times. By the end of 2024, generative AI experimentation will accelerate and lead to concrete realizations.

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How Do You Win MMT's Leadtime Leader Awards Competition?

Mold Making Technology

Read the quick Q&A below to learn how your team can win the Leadtime Leader Awards competition for 2024: How do you win? They include representatives from mid- to large-size OEMs and molding companies within the automotive, medical, packaging, consumer goods, and appliances and electronics industries. How are shops assessed?