The Rodon Group was very busy this past year providing information to help companies make better decisions about their plastic manufacturing. With close to 100 articles in 2015, we covered a lot of territory. We thought we would take a moment to highlight our favorites posts and the posts that got the greatest response from our readers. We hope you find these helpful, informational and even entertaining.
Subscribe to Email Updates
A common question for designers and engineers is “How much will a plastic injection mold cost?” It makes sense. Injection molds represent the greatest expense in upfront production costs. And, there are many factors that go into determining the cost. With any custom injection molding project, your injection molder will be able to give you the final price tag.
In this article, we will review the variables that can impact the cost so that you can be better informed in making a mold purchasing decision.
Over the past 40 years, U.S. manufacturing has been off-shored to places like China and India. In 1965, manufacturing comprised 53 percent of the economy. By the end of the 1980’s, it had shrunk to a 39% share. By the first decade of the 21st century, manufacturing fell into the single digits at 9%.
In the 1900s, the United States was booming. Companies set up shop on American soil and hired well-educated, motivated American workers to manufacture and sell their products. More recently, free trade and an ever-globalizing economy have encouraged American businesses to move their manufacturing facilities overseas, where they can employ less expensive labor with fewer regulations and ultimately sell their products to the end consumer at a lower price. At first glance, lower prices appear to be a good thing, a way of getting more products into the hands of more people more rapidly. However, a closer look reveals there are still many benefits of manufacturing in the U.S. vs. overseas.
Next week, we will launch our new eBook “An Introduction to Plastic Injection Molding.” This resource guide contains information (more than 40 pages) to help designers, engineers and purchasing professionals navigate the world of plastic injection molding. Our goal is to make our customers more knowledgeable about what goes into making a plastic part. It is written to provide a basic understanding of the presses, the processes and the cost factors involved in manufacturing.
Excerpt from article on PlasticsToday.com. To read full article, visit http://www.plasticstoday.com/articles/two-steps-every-processor-should-take-now-cut-his-energy-bill-09092011.
Reducing your company's overall operating costs by 12% is a dream for many plastics processors, but Lowell Allen, senior vice-president at The Rodon Group, and his team have spent the past few years making it their reality. He kindly joined us for a "chat" during the industry's first-ever Virtual Event titled Continuous Improvement in Injection Molding.
As Allen recalled, in order to identify where money can be saved in your molding operation (from an energy standpoint), one must first identify what processes are continuously running. "If you are a 24/7 molder, as we are, with 106 molding machines, it's best to prioritize each continuously running process. Of course, none of us have an unlimited budget, so it's important to investigate those areas that can be changed for a mimimal investment and with the shortest payback time," he explained.
What runs continuously? At The Rodon Group, it is:
We often field emails or calls from inventors or product designers who are looking for a plastic injection resource. While, that is our core business, it is important to understand the difference between The Rodon Group and other small injection molding companies.
We specialize in high-precision, high-volume projects (we're talking millions, here). To get a better understanding of the capabilities of The Rodon Group, we created a Q & A filled with useful information.
What are the minimum quantities you can order?
We have all experienced the thrill of getting a deal in our personal lives, so it only makes sense to look for money saving opportunities in business as well. In the world of injection molding, however, you may end up paying more in the long run for an inexpensive mold. This is particularly true when you need to produce a high volume of parts or parts that need to meet exact specifications. If you are making forks and knives, a lesser quality mold may suffice. However, if you are an OEM looking to produce parts for a quality application, you must look at the true cost of the mold.
Excerpt taken from Rock Center http://rockcenter.msnbc.msn.com/_news/2012/01/14/10156162-made-in-america-trend-against-outsourcing-brings-jobs-back-from-china#.TxXUxnX_eE4.twitter
The United States may be on the verge of bringing back manufacturing jobs from China.
Harold Sirkin, along with Michael Zinser and Douglas Hohner (all experts from the Boston Consulting Group – a leading management consulting firm), says that outsourcing manufacturing to China is not as cheap as it used to be and that the United States is poised to bring back jobs from China. The three consultants first reached this conclusion in a recently published study titled “Made in America, Again: Why Manufacturing Will Return to the U.S.”
Many companies, especially in the auto and furniture industries, moved plants overseas once China opened its doors to free trade and foreign investment in the last few decades. Labor was cheaper for American companies – less than $1 per hour according to the BCG report. Today, labor costs in China have risen dramatically, and shipping and fuel costs have skyrocketed. As China’s economy has expanded, and China has built new factories all across the country, the demand for workers has risen. As a result, wages are up as new companies compete to hire the best workers.
“The tilt is now getting lower,” Sirkin says. “We think somewhere around 2015 it’ll look flat and may start to tilt in the U.S. favor at that point in time.”
By 2015, it will only be about 10 percent cheaper to manufacture in China.