June 22, 2016
It’s been quite a run. Over the past four years many FAB 40 companies have reported big revenue gains. In 2015, not so much, at least on average. Sales at some big companies either held steady or declined somewhat, mainly thanks to weak markets that by now every fabricator knows about: oil and...
June 17, 2016
SixAxis, a fabricator of safety platforms, portable stairs, and other industrial products, developed its own software with quoting, customer relationship management, and product configuration features. According to sources, software changed the customer buying experience, which in turn helped the company quintuple in size over six years.
June 15, 2016
IMS Engineered Products’ revenue has increased by 45 percent during the past five years. How? The fabricator is part of a larger organization, IMS Companies, with diverse revenue streams coming from gear manufacturing, stamping, electrical harness assembly, and more. But IMS’s story of growth really boils down to a straightforward strategy: quick response.
June 15, 2016
Ironform Corp. formed in 2013 after Wynnchurch Capital purchased two large metal fabricators. But Ironform’s story is more about scaling up metal fabrication through acquisition. It’s about adapting the principles of lean manufacturing to custom metal fabrication—on a large scale.
June 15, 2016
General Sheet Metal Works has experienced double-digit growth in recent years. For a $70 million operation, that’s saying something. And yet, the company has few growing pains to speak of—thanks to a new business structure that has made scaling up much easier.
June 2, 2016
If Richards Sheet Metal Works had taken the conventional path, it would have invested in a new flat-sheet cutting laser, especially considering its 5-kW workhorse was more than a decade old. But Richards isn’t a conventional metal fabricator. Today it has one of the largest tube cutting lasers in the country.
May 24, 2016
Large-scale dust and fume collection can be somewhat inflexible. A fabricator moving, adding, or removing a few work centers can throw off the airflow balance and make the entire system less effective. A new technology aims to change this.
May 23, 2016
Waiting for a callback to discuss a major design change is one thing; but waiting hours just to see if a hole can be moved a little farther from the bend radius—that’s something else. One industry project, iFAB, aims to make design for manufacturability far more efficient.
May 11, 2016
Revenue growth from 2014 to 2015 was essentially flat, depending on the fabricator's customer mix, but most are predicting busier times ahead.
May 2, 2016
During their presentation at the FMA Annual Meeting, attorney David Jones, along with Doug Raff, owner of Paragon Industrial Controls, showed a lot about what a fabricator can expect during an OSHA inspection after reporting a major injury. They gave insights as to how companies can best navigate the OSHA inspection and citation process.