September 7, 2012
The results are in from FMA's 2012 Financial Ratios & Operational Benchmarking Survey and the message is clear: Raw material and work-in-process inventory eats cash. Successful fabricating shops have figured out a way to avoid excess inventory scenarios.
September 7, 2012
CR Metal Products Inc., St. Louis, follows the lessons of quick-response manufacturing, which preaches decreased capacity utilization of equipment and increased attention on just how jobs can be turned around in the quickest manner possible.
September 3, 2012
Radius Steel-SOO Tractor, Sioux City, Iowa, is looking beyond its agricultural roots as it reaches out to various other industries, such as heavy equipment and oil and gas.
August 31, 2012
Since Qualtek Manufacturing invested in its servo presses several years ago, it has been gradually building up a working knowledge base--specific stroke recipes, tooling tweaks, and other information--that has turned out to be valuable intellectual property.
August 28, 2012
Just in time for election season (which, as a multiyear event now, is far longer than a season), a few advocacy groups are putting forth their views about what U.S. manufacturing needs. One of the most concise reports comes from the Georgia Tech and Council on Competitiveness, which released its...
August 21, 2012
Last week I called a manager of a heavy fabrication operation. We chatted briefly, but after a few minutes he had to go. He told me six of his operators hadn’t shown up that morning, so shop managers were scrambling. Then I saw a headline on the front page of the Sunday New York Times:...
August 7, 2012
How can a fabricator be successful these days? The common answer is that if a shop reduces labor costs, it can compete with the world. The story’s subtler than that--and a just-released financial benchmarking survey from the Fabricators & Manufacturers Association reveals these subtleties....
August 3, 2012
Micron Metalworks is a classic precision sheet metal job shop, with short runs and numerous job changeovers. To optimize part flow and overall efficiency, it’s the little things that really matter--including a simple label on a drawer.
August 3, 2012
A Broadway and TV set fabricator mixes set-building tradition with advanced manufacturing technologies, from welding and cutting to abrasive waterjet cutting. Complicating matters are the demands of modern performance media--especially high-definition broadcasts.
July 31, 2012
Andrew Hacker certainly can spark a debate. If you get the New York Times, you would have turned to the first page of the opinion section and seen: Is algebra necessary? Hacker is an emeritus professor of political science at Queens College, City University of New York. In his column, he questions...
July 24, 2012
For years economic growth has been stuck in neutral. Economists are lowering their already low GDP growth projections for 2012. Regarding this, Julia Coronado, chief economist at BNP Paribas, gave Bloomberg an intriguing insight. “Things are so lean and mean, there aren’t a lot of excesses that...
July 16, 2012
In early 2010 I attended an event hosted by plasma cutting systems maker ITT Kaliburn, near Charleston, S.C. That's when I met Joe McNamara. He had led ITT heat transfer unit's plant near Buffalo, N.Y., through a major lean manufacturing transformation. A few weeks ago I caught up with McNamara,...