Tag Archives: fasteners and prototyping

Then US Manufacturing Story: What to Expect in 2015

2015 is all set to be a landmark year in the history of US manufacturing. The trend of sustainable growth as shown by 2014 is a presage of a potential boom in the sector. A long-awaited positive turn after the recent economic slump of the recession!

As per the discussions and opinions of leading analysts, 2015 will set the course for the engine of manufacturing to traverse. The Boston Consulting Group’s analysis has revealed the fact that the default choice of offshoring – China will no longer be able to hold on to its favored position. The mandate to provide minimum wage increases of 15 to 20 percentage points every year has reduced the cost benefit of manufacturing in China to 55% in 2014 and will further push it down to a dismal 39% in 2015. It is not hard to envision the disappearing allure of opening manufacturing units on foreign soil for every conceivable product irrespective of the demand in these offshore markets.

However, labor is not the only cost associated with manufacturing. Transportation, the cost of raw materials and obviously the cost of electric power all contribute heavily to determining the location of the factory. According to the US Energy Information Administration, crude oil production is all geared to touch a record high of 9.3 million b/d in 2015. Thus, the dwindling advantage of cheap labor can no longer offset the high cost of transportation across the seas. Under such circumstances, the abundance of fuel within the country is bound to sway decisions in favor of re-shoring.

Alternative energy production is also becoming more affordable and reliable. By 2040 15% of the global energy consumption will be attributed to alternatives and the US is right at the forefront of this trend promising inexpensive and readily available electricity to power manufacturing ventures.

The Markit Manufacturing Purchasing Managers’ Index (PMI) is also optimistic. It is sitting steady at 54.8 at the end of November, and this indicates a rise in the volume of bulk orders and sales to foreign markets.

The US manufacturing sector has always been the main impetus behind the growth of the nation. It drives two-thirds of all R&D efforts, and its workers are twice as productive as others enjoying higher wages and a better lifestyle. (*National Association of Manufacturers)

Considering major indicators – 2015 is shaping up to be the time to celebrate the return to glory of US manufacturing and will herald prosperity if all external factors co-operate.


The Process of Prototyping through Production

As leaders in the manufacturing of custom fasteners, we make it a priority to provide our customers with solutions to every need, for any application. What this often means is that we will work closely with our clients from prototyping through production, maintaining close contact and answering all needs along the way.

In our business, it’s quite common for an engineer to want/need a prototyped product before beginning a full production run. The benefits of prototyping include the ability to provide a custom, initial product very quickly, meeting any time-crunch demands—we stock blanks in a variety of styles and sizes.Prototyping

It all begins with an initial blueprint created by our team, specific to a client’s requests. We provide assistance and expert guidance, while listening carefully to goals, concerns, and needs. We then create 50-100 prototype parts, which then undergo testing. We test the form, fit, and function of the prototypes, paying close attention to dimensions and tolerances, making sure they work as intended and particular grade requirements are met. Oftentimes, there will be many changes along the way, going through multiple phases of prototyping until it’s just right.

Once the prototype is approved and meets all requirements, we then move on to production. Often, the production run is very different than the original prototype, which makes the prototyping an important means of reaching desired results. The process ends with a production run that is highly efficient, having determined the best designs, features, and methods throughout the process. All along the way, it’s typical for the customer to be involved in every aspect.

In the end, the result is a quality product that is exactly what it should be, made effectively and precisely, with cost-efficiency in mind.