Tag Archives: Automotive Deburring

When it Comes to Manufacturing, Indiana Says “Start Your Engines”

Indiana Manufacturing

In 2016, Indiana’s current-dollar GDP was $341.9 billion and ranked 16th in the United States top contributors. With a Human Development Indicator (HDI) of 4.56, Indiana ranks as the 39th most developed state. Estimates predict that this year the manufacturing industry is expected to go beyond its previous impression of 16% of that figure.

Indiana’s economy is considered as one of the best in the United States for several reasons. It has a conservative industrial system, the low taxes levied on commercial and industrial establishments, and a set of relatively stable labor laws that have been in place since the 19th century.

Let’s go beyond the stats and take a look at the most important sectors within the state in addition to some of the most significant companies within each sector.

Pharmaceutical Industry

Within this industry Indiana is the top contributing state, followed by California. Indiana’s pharmaceutical industry exports about $6040 million worth of products each year. The production peaked in 2012 following a 24% annual growth rate. This explains why today, pharmaceuticals are so consolidated within the state.

The pharmaceutical company, Eli Lilly & Company, ranks as #76 on “Forbes America’s Top Public Companies” and is the major player in Indiana. It was founded in 1876 in Indianapolis, by a Swedish chemist Colonel Eli Lilly, and his primary motivation was the lack of availability of medicines to Americans suffering in the post-Civil War era. The company is also the 10th largest employer in the state. A huge plus of Eli Lilly & Co. is that its employees are considered the most valuable resource. This is the reason that has led them many times to invest both in their people and in the state.

Automotive and Parts Manufacturing

While Indiana is the #7 exporter of vehicles and its parts, it has one of the lowest annual growth rates from the top exporters. However, this statistic changes when we limit it to only motor vehicle parts and accessories, a classification we can say is the state’s strength. In this category they come in 4th place very close to their 3rd place competitor, Ohio.

Within the automotive industry, we find one of the most emblematic auto producers, Rolls Royce. They operate within the US and in several parts of Canada. However, none of its venues can compare with the one in Indianapolis, which employs over 4000 of the city’s residents. In 2015, the company decided to invest approximately $600 million in modernizing it’s plant and for technology research. The ex-governor and current Vice President of  the United States, Mike Pence commented that the company chose the state of Indiana because they offer “the business-friendly climate needed to succeed”.  The reason behind this Rolls Royce decision were the incentives offered by the state such as tax credits and a skills enhancement grant.

Medical Device Manufacturing

By 2012 medical device manufacturing was the fourth largest sector in Indiana, generating about $2.84 million, with a very promising annual growth rate of around 7%. It supplies approximately 20,000 jobs for the state and creates an even closer relationship with the NAFTA members who are its main buyers.

Also within this industry, we find the 2nd largest company in the state, Cook Group Inc., reaching revenues of 2.2 billion for the past year. Within this group, we find Cook Medical, which is the part of the company that’s responsible for the production of minimally invasive medical devices. It has 41 medical specialties, and around 16,000 products making a difference in the lives of patients all over the world. We can highlight anesthesiology, pediatrics, gynecology, urology, neurology, and obstetrics. By 2016, it employed about 2500 people and rewards its employees with a salary 56% higher than the state average.

The state of Indiana during the last decades has created an environment where manufacturing industries can continue to develop. These favorable policies, on the part of the state government, have allowed the people of Indiana to collect the fruits of their labor and making Indiana the 13th “Best Place for Business”.

This article brought to you by The Cleveland Deburring Machine Company. CDMC can provide a deburring solution for gears, sprockets, aerospace and defense, automotive deburring, power transmission, powdered metals, fluid power and custom deburring applications. Our no-charge application evaluation includes a detailed report and process description in as little as 3 to 5 business days. Contact CDMC today for a deburring machine that’s right for you.

Continue reading »

Michigan Has a Rich History in Automotive Manufacturing

michigan manufacturing

Michigan has a rich history in automotive manufacturing with three Fortune 500 automakers calling this state home and accounting for 24% of total vehicle production in the United States.

The automotive manufacturing industry carries the responsibility of driving Michigan’s economy. In 2015, it contributed $36,953 million in revenue. No other industry generates anywhere close to this level of revenue. Furthermore, the automotive industry employs 20% of the state’s population.

Fiat-Chrysler 

Officially called Fiat-Chrysler Automotive, the auto group holds Chrysler, Dodge, Ram and Jeep as their primary product lines. In 2016 Fiat-Chrysler reported worldwide yearly earnings of $132.7 billion and the employment of 234,499 employees.

Fiat Chrysler Group is looking to expand their command of Michigan. They now intend to open a new Jeep production facility. According to reports, Syncreon, an Auburn Hills logistics company, will operate the facility and is expected to hire more than 250 employees, including warehouse, forklift and commercial drivers.

Ford Motor Co.

Founded in 1890 by Henry Ford, they’ve grown to be one of the top 3 automakers in the U.S. In 2016, Ford generated $151.8 billion in revenue. Ford’s global market share accounts for 7.3% of the entire auto industry, and employs 166,000 people worldwide.

Ford announced its plan to invest $700 million in its Flat Rock Assembly plant in Michigan. This would open 700 more employment opportunities and bring Ford’s total investment to $1.9 billion in Michigan this year.

General Motors Corp.

Founded in 1908 under the leadership of William C. Durant, the General Motors Company was initially meant to consolidate several motorcar companies. In 2016, General Motors generated $166.4 billion in revenue and provides job opportunities to 225,000 people worldwide.

General Motors and Honda are currently involved in a joint project in Michigan that would reap gold for the state. The venture aims to produce fuel cells which will be used in vehicles by 2020. The move is expected to create about 100 new jobs.

With such bright projects lined up in Michigan by the 3 Big Automakers, there is no doubt that the state will be continuing it’s rich history in automotive manufacturing and incur a lot of economic growth in the near future.

This article brought to you by The Cleveland Deburring Machine Company. CDMC can provide a deburring solution for gears, sprockets, aerospace and defense, automotive deburring, power transmission, powdered metals, fluid power and custom deburring applications. Our no-charge application evaluation includes a detailed report and process description in as little as 3 to 5 business days. Contact CDMC today for a deburring machine that’s right for you.

Continue reading »

Minnesota Can be Cold But The Manufacturing Industry Remains Hot

minnesota manufacturing

Minnesota, known as the ¨State of Innovation¨, offers an environment to those seeking to grow, improve and develop. Such a reputation enables innovator’s and engineer’s equal opportunity to make the world, especially Minnesota, a better place to live and work.

With a Human Development Indicator (HDI) of 5.89, Minnesota ranks as the 7th best US state to live in. It recently increased its job growth by 1.6% which lowered the unemployment rate to just 3.7%. Moreover, Minnesota boasts high college attendance rates, in addition to their more than 78% high school graduation rates. It is also the 15th Best Place for Business according to  Forbes Magazine.

When we look at the economy, manufacturing constitutes one of the state’s biggest industries. It is driven by technology and accounts for 16% of Minnesota’s GDP.  In fact, Minnesota contributes 1.8% of the U.S. GDP.

Medical Device Industry

Heading the list of Minnesota’s manufacturing is the medical device industry. It’s important to clarify that the ¨devices¨ manufactured within the industry aren’t exclusively high-tech and cutting-edge devices (no pun intended), like mechanical heart valves or lab-grown organs. They’re also surgical instruments, implements, prosthetics, implants, equipment and their parts’ replacements among others.

In this sector, innovation has played a critical role. The medical device industry has lead the market since 1940 by developing and producing medical patents. The U.S. Trade and Patent Office states that Minnesota ranked 1st place nationwide in medical device patents per capita in 2015. The University of Minnesota and the Mayo Clinic serve as spaces to conduct medical research and implement new medical practices. Employing almost 30,000 people, Minnesota not only ranks 1st in medical device manufacturing employment, but it’s also triple the national average.

Agriculture and Food Production

Minnesota also ranks as the 4th largest agricultural exporting State. The agriculture and food production industry earns almost $19 Billion annually. It is composed of two main sectors: crops and livestock. Both, have relatively similar contributions to the industry’s earnings. Crops account for about $10 Billion while livestock accounts for almost $9 Billion. The most widely grown crop is corn, representing 45% of Minnesota crop production. However, soybeans make up the biggest agricultural export.

Aside from covering the national demand, manufacturers create food products for purchase all over the world, including China, Mexico, Indonesia and Taiwan. Minnesota is not only one of the Nation’s biggest food exporters and producers, but it’s also one of the most prominent in agricultural machinery development. The state works on the creation, assembly, and development of the necessary equipment to carry out farming.

Minnesota sits on top of the nation’s manufacturing charts which can be partially attributed to the state philosophy of innovation for growth, development and overall improvement. This mindset offers opportunities for the state to increase its’ capacity to produce, develop and export some of the Nation’s most necessary foods, agricultural machinery, and medical equipment.

 

This article brought to you by The Cleveland Deburring Machine Company. CDMC can provide a deburring solution for gears, sprockets, aerospace and defense, automotive deburring, power transmission, powdered metals, fluid power and custom deburring applications. Our no-charge application evaluation includes a detailed report and process description in as little as 3 to 5 business days. Contact CDMC today for a deburring machine that’s right for you.

Continue reading »