by Ian Gjertson, analytics director, MAPP To maintain profitability and strategic advantages in an increasingly competitive industry, it is critical for injection molders to determine machine rates, track labor costs and govern markup and adjustment opportunities. However, because the plastic injection molding industry manufactures an impressively diverse volume of parts for … [Read more...] about The Complexity of Machine Rates in the Plastics Processing Industry
Molds/Tooling
Spring Cleaning in the Tool Room: Five Jobs to Do Now
by Bryan Whitaker, technical manager, iD Additives The tool room can be a low priority on the organizational totem pole, but a few simple steps during downtime or facility slowdowns can eliminate pain points, save time, open up new opportunities and even prevent major financial losses in the event of an emergency. Here are five jobs to do now in the tool room. Create a list … [Read more...] about Spring Cleaning in the Tool Room: Five Jobs to Do Now
OESA/HRI Automotive Tooling Barometer: Tool and Die Industry
The Original Equipment Suppliers Association (OESA) and manufacturing consulting firm Harbour Results, Inc., (HRI) recently released the results of their Q1 2019 Automotive Tooling Barometer. The study indicates the tooling industry is experiencing a soft start to 2019 with increased business anticipated in the second half of the year. “We expect 2019 North American vendor … [Read more...] about OESA/HRI Automotive Tooling Barometer: Tool and Die Industry
Industry Trends in Mold and Machine Maintenance
by Ashley Burleson, membership and analytics manager MAPP Ninety-nine percent of plastics companies have a tracking system in place for machine maintenance, according to a recent study conducted by the Manufacturers Association for Plastics Processors (MAPP). Additionally, 90 percent of companies have a system to track mold maintenance in their facilities. The Mold and … [Read more...] about Industry Trends in Mold and Machine Maintenance
Best Practices in Mold Disposal: A Legal Viewpoint
by H. Alan Rothenbuecher Benesch, Friedlander, Coplan & Aronoff LLP It is a familiar story: Your company has accumulated many inactive molds over time. You have tried to contact the owner of the molds to pick them up or give you permission to scrap them. In some cases, you cannot find the owner. In others, the owner refuses to provide any instructions on what you can do … [Read more...] about Best Practices in Mold Disposal: A Legal Viewpoint