Blog posts from June, 2015

MAGNET CEO Ethan Karp Featured in Inside Business Magazine

June 30, 2015 by MAGNET Ohio

Inside Business’ July/August 2015 magazine featured an article highlighting MAGNET’s new CEO, Ethan Karp, and his vision of MAGNET’s future. Karp, previously Vice President of Client Services, was promoted to President and CEO in May. In the article, he expresses his continued commitment to MAGNET’s mission to drive growth of small- and medium- sized Northeast Ohio manufacturers. In addition, he discusses the prospect of new initiatives and a continued widening of MAGNET’s regional impact. Karp draws attention to MAGNET’s significant regional and national partners, which range from local institutions such as Cuyahoga Community College to much larger programs such as NASA Glenn. MAGNET has spent time cultivating these essential partnerships to best serve the region. Karp explains that MAGNET hopes to build upon these partnerships to expand services and address current manufacturing challenges. One of the new programs in MAGNET’s pipeline is a high school feeder program designed to prepare students for manufacturing jobs, addressing the complex workforce needs of today’s manufacturing landscape. Another goal is to increase MAGNET’s partnership network and geographic reach. MAGNET’s services have a large, measurable impact upon clients. Some notable clients MAGNET has served recently include Cleveland Whiskey, OsteoSymbionics, Vitamix, and Biolectrics. These companies have

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MAGNET and ME3 Move Material Manufacturer Towards Saving Money

June 30, 2015 by MAGNET Ohio

MAGNET is proud to partner with The Mid-Ohio Regional Planning Commission (MORPC)’s Materials + Economy + Energy + Environment (ME3) program to provide "lean and green" technical services to local manufacturers. Recently, these joint services gave extensive help to Momentive Performance Materials’ Willoughby location, a quartz and ceramic material manufacturing plant. MAGNET conducted an efficiency review at the Willoughby plant in early 2014 to reduce the plant’s energy consumption and maintenance costs. From this review, Momentive identified improvements in lighting efficiency and water consumption that could result in $50,000 in savings. Additionally, a waste stream mapping (WSM) exercise showed other potential savings of $50,000 by using the 4 R’s (Refuse, Reduce, Reuse, and Recycle) at the plant. As these money saving methods have been implemented, a case study titled "ME3 Spotlight: Momentive Performance Materials Inc." illustrates the glowing results in Momentive’s Willoughby and Newark, OH facilities. You can also read about the ME3 program’s impact upon 14 Ohio manufacturing facilities, saving a combined projected total of more than $800,000 in costs for local businesses. Though ME3 concluded this past April, MAGNET is available year-round to provide the same consultations that helped Momentive increase efficiency and savings. For more on MAGNET’s

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Master Manufacturing Marketing at the MAGNET//Fathom Workshop

June 30, 2015 by MAGNET Ohio

MAGNET is is dedicated to the growth of manufacturers in the Northeast Ohio region. Fathom Digital Marketing provides manufacturing marketing expertise, specializing in revenue growth. On July 16th, these two local manufacturing juggernauts will combine powers—to your benefit—in a digital marketing workshop focused on manufacturing marketing. Together, MAGNET and Fathom offer manufacturers the opportunity to access unbounded growth through digital marketing. The July 16th workshop, titled "How Modern Manufacturers are Leveraging Digital Marketing to Grow Their Businesses," aims to get manufacturers up to speed on digital marketing trends. Plus, Google will be there. That’s right- Google, the search engine giant that is largely responsible for making or breaking your digital presence, will be available to personally advise your manufacturing marketing. Google presenters at this workshop will be highlighting the digital trends that are most important for your company. They’ll cover the best ways to use Search Engine Marketing (SEM) and Pay Per Click (PPC) advertising, which are hot topics for manufacturers. Google representatives will specifically cover when and how manufacturers should use these marketing tactics. The workshop itinerary is based on targeted manufacturing marketing data, to address the most pressing topics for manufacturers. In fact, each of the presentations and

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What can MAGNET do for my business?

June 25, 2015 by MAGNET Ohio

In today’s competitive marketplace, growing manufacturers face a variety of challenges. The Manufacturing Advocacy and Growth Network (MAGNET) provides comprehensive services addressing these challenges. With expertise in everything from workforce development to growth and innovation, MAGNET is an invaluable resource to any manufacturer seeking to grow and thrive.    Engineering and Product Development MAGNET can help your company create and develop new products. Our experts use value engineering to simultaneously increase product value and decrease the cost of production, allowing you to better serve your customers. MAGNET’s engineers design your products for manufacturability and connect you with the right manufacturer to make your designs a reality. Additionally, our rapid prototyping services allow you to easily assess and improve upon product concepts, streamlining the development process.   Workforce MAGNET provides services to help manufacturers attract, develop, and retain qualified workers. We can assist you in cultivating an attractive workplace atmosphere that facilitates employee impact and engagement. We can also help you develop your current workforce, providing opportunities for your employees to grow their skills, as well as providing essential succession planning for your leadership.   Sales and Marketing To be successful, your company must have a meaningful and unique message. MAGNET

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Fail Fast, Fail Cheap: The Wonders of Additive Manufacturing

June 11, 2015 by MAGNET Ohio

There’s been much talk about 3D printing lately, and rightly so: 3D printing, also known as additive manufacturing, is changing the world’s approach to product development. Innovation in this field is growing and the benefits are inarguable. MAGNET engineer and additive manufacturing expert Dave Pierson often refers to the additive manufacturing process as rapid prototyping, meaning the ability to quickly produce product prototypes. Pierson points out that this is convenient for quickly preparing prototypes for investors. But, he continues, additive manufacturing offers so much more than that. Here are Pierson’s five favorite characteristics of additive manufacturing: 1. 100% Customizable The process of additive manufacturing is almost completely automated- all you have to do is enter the design into the computer, and it does the rest. You are then able to add to, subtract from, write on, color in, and otherwise fashion your prototype until it is to your satisfaction. The result is what Pierson terms the IFR (Ideal Final Result), or "your perfect solution." 2. Decreased Waste, Increased Savings The counterpart to additive manufacturing is subtractive manufacturing. Subtractive manufacturing is the process of creating a product by chipping away at a block of material. Additive manufacturing, on the other hand, is the

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Workforce: Another Game of Cause and Effect?

June 09, 2015 by MAGNET Ohio

Workforce is, unarguably, the number one concern for manufacturers in Northeast Ohio. A strong workforce is essential for sustainability and growth; no workforce means no manufacturing, and no manufacturing means no economy. On a smaller scale, workforce is necessary for driving production, increasing sales, innovating, and growing individual companies. As such, workforce has huge impacts both on individual companies and on the overall economy. The fact that the majority of manufacturing companies are struggling in the area of workforce development is extremely significant. Perhaps your company struggles to find qualified applicants. Perhaps your company finds it challenging to retain competent employees. Regardless of your challenge, MAGNET seeks to help you address your workforce quandaries and ultimately grow your business. In order to find and retain competent workers you need to understand the changing landscape of today’s workforce. This requires identifying why fewer students are entering the manufacturing industry, and what your company can do to change that. Understanding what is deterring students from entering the industry is necessary in order to change the trend. Additionally, you must have a clear vision of your growth plan and recognize how the impact of the changing workforce landscape, if not approached strategically, will

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Why Client Appreciation Night is (Even) Better (and more Effective) than an Edible Arrangement Bouquet

June 05, 2015 by MAGNET Ohio

It’s important to recognize your clients’ hard work and thank them for their trust, collaboration, and efforts. It’s vital that customers know that you do value their business with you and that you also value them as a company. Client appreciation nights are the perfect opportunity to develop strong and long-lasting relationships that benefit both parties. It is also an opportunity for similar industries to meet one another and network. When done well, a client appreciation event will increase referrals and keep customers loyal. Last week, Fathom Digital Marketing held a Client Appreciation Night right here at MAGNET. What better place to bring manufacturers together than MAGNET? From their team to their customers, getting to know new faces is what growing business is all about. Attendees started the evening with quick introductions, a few drinks and some tasty appetizers catered by Edwin’s of Shaker Square. This gave everyone a chance to meet new people and get acquainted. Next, we took a tour through MAGNET where we discussed the different industries present and the challenges they face (many of which we have helped solve before). After a great conversation, we headed back downstairs for more drinks and hors d'oeuvres. We then

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3D Printing: Adding More to Manufacturing

June 02, 2015 by Liz Fox

  The state of manufacturing is constantly evolving in conjunction with new technology. Throughout this evolution, MAGNET works to promote advanced industry and offer growth opportunities to inventive businesses and individuals. In this realm, one key service we provide is additive manufacturing - a process which includes rapid prototyping, 3D printing, and similar methods. Additive manufacturing is an essential process which fuels manufacturing potential in Northeast Ohio. Often synonymous with 3D printing, additive manufacturing has made leaps and bounds in recent years. It involves a production technique that is distinct from typical manufacturing, which functions on a subtractive model. In AM, pieces are not sculpted by removing material from a solid block, but instead are produced by layering components using computer-aided design (CAD) data. These components, which are typically available in powder form, can be combined with plastics, metals, and other composite elements to create more interesting mediums. An impressive variety of products have been manufactured using this approach, including chess sets, economy airplane seating, prosthetic limbs, and a full-size electric car. It’s also important to note how additive methods are transforming the face of manufacturing. While the sector has often been perceived as offering little more than manual assembly

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