The last thing manufacturers want to think about when making complex products with many intricate parts is how they will manage the inventory required to build their final assemblies. Vendor-managed inventory (VMI) becomes an essential benefit when producing complex machine assemblies. For decades machine shops have offered managed inventory to simplify the manufacturing and assembly… Read more »
October is National Manufacturing Month! Recognition of this month is dedicated to highlighting manufacturing, the opportunities the industry holds, and the economic impact it has. As a U.S. manufacturer and precision machining supplier for the manufacturing industry, Nolte is proud to recognize manufacturing as essential segment of the United States economy. Driven by over… Read more »
A decades long shift toward the four-year college track and away from education in skilled manufacturing trades has led to a serious deficit in human resources for a new generation of manufacturing companies that are trying to fill jobs. A recent article posted at The Hill online concerning this skills gap reports, “Retirements and new… Read more »
Today’s manufacturers are challenged by a marketplace that demands rapidly supplied products that are inexpensive, and tailored to meet specific needs. In order to stay profitable and competitive, businesses are seeking new customers in new markets, and often providing a wide range of product configurations and options to meet new consumer needs. Another challenge is… Read more »
A recent study done by the Manufacturing Institute and Deloitte predicts a serious shortage in skilled manufacturing talent available to fill job vacancies over the next decade. The study sites two significant contributing factors to the increasing skills gap – economic expansion and baby boomer retirement. Along with retirement and economic expansion, other contributing factors… Read more »
According to a recent American Manufacturing News article, by 2030 only 41 million new skilled workers will be available to fill the 79 million jobs left open by specialized manufacturing talent retiring from the workforce. A long-term shift toward the four-year college track and away from education in skilled manufacturing trades has created a serious… Read more »
Nolte Precise Manufacturing is proud to announce that Bob Coster is the 2012 Frank T. McGinnis Merit Award recipient. This award, presented by the Precision Machined Products Association (PMPA), is the Association’s highest award, conferred only upon recommendation of the Executive Committee. Since 1943, the Merit Award has been presented to an honored PMPA member… Read more »
Nolte is proud to be a member of the Precision Machined Products Association (PMPA). An international trade organization that represents the interests of precision machined product manufacturers, PMPA organizes many events throughout the year to provide members with the opportunity to be involved and engaged in the industry. One such event is the PMPA Annual… Read more »
As a manufacturer of precision machined products, we, at Nolte, believe we have a responsibility to stay abreast of current legislation that impacts our industry. Decisions being made in Washington have a direct effect on precision machined component businesses. It is critical that we, as business leaders, not only stay informed, but make sure our… Read more »
