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 and grimy hardhats, 3D printing has made the industry sleeker and more efficient, giving it sex appeal and finesse. AM’s aesthetic and mechanical appeal has not only increased manufacturing’s overall “cool factor,” but it has also enabled engineers and developers to expand upon their ideas. Where traditional subtractive methods have proven limiting, additive manufacturing establishes a new degree of design freedom allowing for advanced customization and production.
Our team of expert engineers and growth advisors helps clients better understand additive manufacturing methods and how they can be applied practically. Understanding these revolutionary processes provides insight into how innovation can improve day-to-day operations and positively impact your company. With more than 10 years of experience in implementing additive procedures, MAGNET assists small to medium-sized manufacturers through reverse engineering, and helps connect companies with resources that can increase their potential and production capability. Our workforce team also delivers invaluable informational sessions at various company levels to ensure needs are being met and proper training is provided.
To learn more about these techniques or how MAGNET can assist you with additive manufacturing, contact Linda Barita at email@example.com or 216-391-7766.
Join us June 18 for the Tri-C Regional 3D Printing and Additive Manufacturing Conference in downtown Cleveland. For details and registration, click here!
Article submitted by Bank of America For mid-market companies, business success and responsible growth aren’t mutually exclusive. In fact, prioritizing responsible growth is becoming increasingly important, and successful companies are making sustainability central to their growth strategies. Beyond good corporate citizenship, they are recognizing the intrinsic link between the strength of their business and that of the communities and economies in which they operate. Leading your growth with those goals in mind builds resilience and better solutions for the future. Consider the following: Responsible growth companies perform better. Companies that consider the impact of risks and opportunities on the environment, local communities and society may produce better financial results than those that don’t. Additionally, 90% of companies believe a sustainability plan is important for remaining competitive. Responsible growth companies attract investment. A 2016 study by MIT Sloan Management Review and Boston Consulting Group surveyed 3,000 executives and managers from more than 100 countries. Findings revealed that 75% of senior executives in investment firms agree that a company’s sustainability performance is materially important to their investment decisions, and nearly half would not invest in a company with a poor sustainability record. Ninety percent of executives see sustainability as important, but only
HEADLINE The survey definitively shows that product innovation leads to more growth, while “grow your own workforce” strategies will be needed to fill the major labor shortages hampering small manufacturer growth. Emerging technologies like the Internet of Things (IoT), 3D printing, and digital manufacturing are beginning to enhance innovation and productivity, but still have significant room for adoption amongst Ohio’s small manufacturing businesses. ABOUT THE SURVEY Under the direction of the Ohio Manufacturing Extension Partnership (Ohio MEP), MAGNET: The Manufacturing Advocacy and Growth Network conducted a thorough survey of Ohio’s manufacturing base. Contributing approximately 20% of Ohio’s jobs (and driving in some regions up to 50% of Ohio’s economy), and generating a disproportionate amount of export revenues and Gross Regional Product, manufacturing is critical to Ohio. Greater than 95% of Ohio’s manufacturers are small (under 500 employees), and these manufacturers need to remain competitive both nationally and internationally to ensure our economy’s health. Ohio’s Development Services Agency and the National Institute of Standards and Technology, which runs the MEP, recognizes the importance of this sector and fuels MAGNET and the Ohio MEP program to directly serve and support innovation, efficiency, and growth in small and medium manufacturers. What manufacturers need
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