June 08, 2006

Ironwood Plastics

2nd Quarter 2006 Newsletter

QUICK FACTS:

Sales Information:

Year Ended April 30, 2006:     $27,800,000% up 14%

Employment:

Ironwood: 144

Two Rivers: 59

Total Employment: 203

Upcoming Trade Shows:

MD&M Show - Minneapolis     October 25-26, 2006

Design Engineering Show - Chicago, IL                             March 13-15, 2007

SAE Show - Detroit               April 16-19, 2007

Snowfall Information:

2005-2006 Snowfall             203.2"

2004-2005 Snowfall         162.3"

2003-2004 Snowfall         200.3"

 

 

Ironwood Plastics, Inc.

       Ironwood Division       1235 Wall Street
Ironwood, MI 49938
Phone: (906) 932-5025

       Two Rivers Division       2800 18th Street
Two Rivers, WI  54241 
Phone: (920) 793-3060

 

ASIA IMPRESSIONS - PART 2

by: Mark Stephens, Vice President

Ni hao! It has been almost two years since my last trip to China in August 2004. This time, we had different goals and were much more prepared for our trip. First off, I didn’t go alone. Jim Baker, Tooling Engineer, and Charles Librizzi, Technical Sales Representative, got to see China first hand and meet the people. Our consultants were given a different charter than the last trip where we saw some nice molders that also built molds. On this trip we visited 11 companies in five days- a grueling agenda. All shops we visited were primarily mold builders that exported more than 80% of their tooling to the US or Europe. We did not want to qualify shops that wanted to keep the tools and mold in-house. Most of our projects are complicated insert molding or difficult molded components requiring automation. In general, our customers want parts molded in the US with competitive tooling prices, lifetime warranties, Class A tooling and good deliveries.  The trip was a success! Of the 11 shops we visited, five are the quality we demand. One shop was just finishing two of our molds and we authorized shipment to Ironwood.

 

So, are we now having all molds built in Asia? Absolutely not. Many of our projects are just too complicated or are military. But, there are probably 50-70% of the projects that could be built in China. Deliveries are normally the same as we see in the US (even with air shipments to the US) and overall savings are in the 30-40% range. Our company-wide goal is to grow our own company, penetrate new markets and keep our U.S. tooling sources busy as well. With a good balance, this will happen.

 

Final impressions. Dealing with Asia takes commitment and patience. Tons of it. We tried to fit in as much as possible. We ate everything they put in front of us and we always used our chopsticks- even if we had some embarrassing stains on our white shirts as things occasionally went flying. I tried to learn at least one Mandarin word every day and use it as much as possible. More than once, it brought a smile to the faces of our guests as I struggled through the pronunciations. As I travel across the world (two European trips and one Asian trip already in 2006), it never ceases to amaze me that people are basically the same wherever you go. Just treat them with respect, don’t be afraid to laugh at yourself, try not to be “too” American and you’d be surprised at what can be accomplished.

 

Zai jian!


     AUTOMATION IN FULL SWING

by: Kevin Everson, Manufacturing Engineer

In the last 12 months, IWP has added two, Fanuc 6-axis robots with another to be delivered next week. This goes along with 15 Witmann Cartesian robots that have drastically changed the complexion of the company. It is unbelievable the automation improvements this company has undertaken in the last 18 months I’ve been here. It hasn’t been without some pain, but I’m not sure how we could have kept up with our sales growth (14% this past year to $27.8M in sales) without them.

In the insert molding arena, the constant struggle for manual loading is operator fatigue. An operator simply can’t stand in one spot all day long and put tiny inserts in a hot mold (many are 300 degrees F) without a mistake. The other advantage of robotics is accurate insertion of metal inserts. Where an operator would install inserts from many different angles, a robot puts them in straight, every time. Tool life is extended and the quality of the final part is better in the long run.

 


                                BAMBI SURVIVES !!!!

by: Mark Stephens, Vice President

You never know what may happen on a bike ride in the Upper Peninsula.  I have confronted wolves, bears and deer in the past. But this day was special and fortunately, had a happy ending.

 

On my normal, stress relieving, noon-time bike ride, I came across a new-born fawn that was lying in the middle of the road (to stay warm, I’m told). The fawn looked to be an orphan and seemed to be starving to death. After a quick bike ride to the plant and a phone call to the DNR, we tried to bring the fawn back into the woods. But the crazy thing kept following us back to the road, so the DNR took her away to a loving family that will raise it until it can manage on its own.  Not too many deer can boast that they have been on a bike ride. This one sure didn’t seem to mind!

 

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