Tag Archives: Custom Deburring Applications

Changes Are On The Horizon for Manufacturing in Peru

Peru Manufacturing

Manufacturing is Peru’s number one import according to a UPS study. They buy a variety of materials but manufacture primarily for Peruvian purchases with few exports. Despite having an abundance of resources, manufacturing production and exports are not as strong as they should be. This unbalance of imports and exports takes its toll on the economy.

A Year of Recovery

After several years of declining manufacturing, economists project a major recovery. They predict production may increase revenue up to 2.5% this year. Fishing and mining have already provided positive results in the first quarter. According to Industry and Mype deputy minister Juan Carlos Mathews, manufacturing production also increased 1.70% in the first quarter of 2017. Peru’s exports grew 16.4% in this period alone, more than Paraguay (8%), Ecuador (4.7%) and Brazil (3.3%).

This path to recovery had begun in November and December of last year before El Niño Costero phenomenon impeded the progress. In just a short time, manufacturing is recovering again.  Weather permitting, they are expected to gain strength and velocity in the latter part of the year. President of the BCR, Julio Velarde, stated that this year, the mining and hydrocarbons sector would be one of the fastest growing, driven by nonmetallic mining, while non-primary manufacturing would decline by -2.2%.

Technology and Innovation

Perhaps technology and innovation are to thank for the recovering state of Peruvian manufacturing. In a recent study, 83.4% of manufacturers say that they received financial support to innovate their resources. Of the 61% that sought innovation, 56% successfully innovated the processes and products. Only 5% did not actualize change. Of those who attempted innovation, 20.5% focused on food commodities, 13.7% on clothing, and 13.6% in processed metal products. Of the manufacturing companies that managed to innovate, 50.2% said that it did so with technology.

Agriculture Leads the Way

As mentioned before, agriculture is Peru’s biggest export, specifically fish. According to the consultancy PwC, Peru has the highest agricultural production in the world. Each year, the production continues to grow. As a matter of fact, agricultural exports increase about 17% percent each year, doubling every five years. At these rates, agricultural exports are expected to break 7 billion USD this year.

Women Play a Less Active Role

Perhaps focusing on developing the technical skills and leadership of women in manufacturing would help to further fuel the success of the sector. Despite that 66% of Peruvian micro enterprises are led by women, only 24% percent of manufacturing companies are run by women. These numbers are ever more non-proportional for female business owners. Only 6.7% female entrepreneurs work in manufacturing. Of these women in business, 46.7% of them have completed studies.

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 »

Columbia Deserves More Recognition for Manufacturing Than for Sofia Vergara

Columbian manufacturing

Known best for Sofia Vergara and their agricultural exports, Colombia is rarely recognized for their strength in manufacturing. However, with fifteen free trade agreements and an ideal port location, Colombia boasts competitive prices, skilled labor, and governmental support for foreign investment in manufacturing.

Global Fashion Impact

Textiles are positioning Colombian fashion as a World Class Industry. Thanks to the Productive Transformation Program, a government entity that works with the private sector to promote Colombian competitiveness and production, Colombia is the world’s third market for highest growth rate in the textile and fashion industry. What started as high-quality corduroy in Medellin has turned the world upside down. Textile imports have grown  15% between 2010 and 2014 to supply growing requirements of the local market and exporting to the United States, Mexico, and Ecuador.

Motorcycles and other Autos

As with many countries in Latin America, motorcycles are a staple in Colombia. They use less gas than other vehicles, are more affordable, and are perfect for weaving through city traffic. Colombia is home to 7 motorcycle plants, and motorcycle production continues to grow on an average of 16% since 2010.

Colombia does not just produce motos; they are also a large vehicle producer in Latin America with more than 130 thousand units per year. Cars, trucks, vans, and SUVs–increased financial stability and the growth of the middle class across Latin America fuel this growing manufacturing industry. Chevy, Hyundai, Kia, Renault, and even Ford have plants there. The primary importers of Colombian automotive products are Mexico, Peru, Ecuador, and Chile.

Constructing the Future

The construction industry in Colombia has grown more than any other sector; this includes the construction materials for buildings and civil works. With a recent increase in housing and infrastructure programs as well as political pressure to build roads and renovate ports and airports, we can only expect it to continue to grow.

Colombia’s construction industry is the third largest in Latin America after Brazil and Mexico. The United States, Venezuela, and Panama account for 59.5% of building material exports. The industry is expected to double in value by 2020 and reach US$ 52 billion. Top products include cement, non-metallic minerals, and plaster.

The Driving Force in Cosmetics

As a number five market for cosmetics and toiletries in Latin America, more than 300 companies including Kimberly-Clark, P&G, Unilever, and Avon, produce and package the products here. As another sector overseen by The Productive Transformation Program, the government and private sectors work together to position Colombia as a world leader in the export of cosmetics and toiletries. Now, Colombian cosmetics represent more than 10% of total Latin American exports.

Women are driving this industry. The percentage of female managers here exceed that of Canada, UK, Germany, Japan, and France. Moreover, the cosmetics industry is the second largest female labor market in the region. In the last few years, they have seen a 37% increase in the female workforce compared to 16% growth worldwide.

Biodiversity and Social Progress

As home to the Amazon Rainforest and three mountain ranges, Colombia is rich in natural resources. They have a temperate climate and ports in both the Pacific and Atlantic Oceans. But it is not just rich in biodiversity. It’s also rich in forward moving politics. Their government focuses on strong trade agreements and competitive quality products. And Colombia has made great strides in equal opportunities for women. They are not just exporting women for TV shows; they are making beautiful progress for the world.

 

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 »

Manufacturing in Poland is On the Rise and Attractive to Investors

global manufacturing Poland

Although Poland had difficulty transitioning from a communist state-run economy to a western privatized economy in the 1990s, Poland today is fighting hard to compete in the global manufacturing market. In 2015, manufacturing held 19.32% of the share of employment in Poland. Combined with a rapidly growing economy, as well as recent legislation to promote economic growth, Poland is becoming a manufacturing leader.

Fall of Communism

After the fall of communism, Poland found itself in an awkward position. Despite having an abundance of natural resources and an infrastructure to produce consumer goods, other more commercial items were lacking. Polish officials relied on grants from the International Monetary Fund to restart its economy in a more capitalistic fashion to become as attractive to foreign investment as possible.

Financial Incentives

In 1994, the advent of the Polish Special Economic Zones created substantial incentive to start a manufacturing business in Poland. Poland provides corporate tax exemptions and preferential conditions for corporations that operate in certain regions. Since their beginnings, Polish Special Economic Zones have attracted many investors, and have allowed high-profit margins for the companies operating within them. In addition to providing jobs for Poland’s massive skilled and unskilled labor force, they have revitalized communities that would otherwise still be struggling to regain economic stability after the fall of communism.

Polish leaders have not stopped at simply providing special conditions to new start-up companies. On July 2nd, 2011, the Act on Freedom of Economic Activity was passed. This bill simplifies the procedure for establishing a new company in Poland by reducing start-up fees and waiting periods. This act, combined with the Polish Special Economic Zones and the proximity of Poland to Europe and Russia makes Poland a very attractive country for new investors looking to start manufacturing companies.

Manufacturing Resurgence

Manufacturing saw a resurgence in Poland in February of 2016. Despite economists predicting a drop in the country’s PMI, Poland’s PMI saw an increase. Economists attribute this growth to increased employment and exports. Poland’s workforce is also attractive to new investors, especially in the manufacturing industry. Worker wages, are on average, less than half that of Germany’s in comparable jobs. Additionally, there’s a skilled workforce, which is ideal for manufacturing jobs.

Manufacturing Future

What is the future of manufacturing in Poland? Due to the imminent termination of the Special Economic Zone program, an influx of investors are expected to take action before that occurs. Due to a strong presence in the electronics market (Poland makes about 35% of televisions sold in Europe) and the increasing number of exports, Poland’s manufacturing industry is only expected to grow from here. According to the Global Economic Prospects report, economic growth in Poland will increase by 3.1%, up to half a percent higher than last year. Although economists are wary of how the US political climate will affect future growth, it is safe to remain cautiously optimistic.

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 »