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Modern Plastics Worldwide - October 2007 - dae uptlax

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MODERN EXECUTIVE<br />

The global operation, industrial style<br />

By Clare Goldsberry<br />

Some moldmakers claim to be ‘global,’<br />

when what they mean is they can<br />

find a mold shop somewhere in the<br />

world that will build a mold for them if<br />

that’s what a customer wants.<br />

It’s obviously more difficult to set up<br />

physical operations globally, but that’s<br />

the path that Industrial Molds Inc.<br />

(Rockford, IL) and Axis Inc. (Peoria, IL)<br />

have taken with their Industrial World<br />

Sourcing (IWS) venture, established in<br />

February <strong>2007</strong>.<br />

Axis Inc. offers integrated engineering<br />

solutions from concept through design,<br />

analysis, modeling, detailing, tooling and<br />

final product drawings. The company<br />

offers back-office services through its<br />

parent firm in Noida, India: these services<br />

include mechanical engineering, professional<br />

services contracting, software<br />

services, and architectural engineering<br />

services. Industrial Molds, which makes<br />

molds for injection molding of thermoplastics<br />

and thermoset plastics, plus<br />

metal die casting, and Axis have a common<br />

owner.<br />

Spanning the globe<br />

“We’re truly a global company, with<br />

molding and mold manufacturing facilities<br />

in the U.S., three facilities in Sweden,<br />

a molding plant in Mexico, mold manufacturing<br />

in China, and an engineering<br />

joint venture in India,” says Tim<br />

Peterson, sales manager for Industrial<br />

Molds. The Swedish connection is via its<br />

partner there, Ferbe Tools AB.<br />

Industrial World Sourcing (IWS) has<br />

been incorporated as a part of the companies’<br />

expanding global footprint. With<br />

more customers demanding a single point<br />

of purchase for product and design engineering,<br />

mold manufacturing, molding,<br />

Creating a truly global company takes innovative entrepreneurialism, a<br />

willingness—eagerness, even—to cross borders, and the investment<br />

necessary to establish the support systems in order to be successful.<br />

Pyramid <strong>Plastics</strong> is the precision molding unit within the IWS venture.<br />

and contract manufacturing, it became<br />

obvious to officials at Axis and Industrial<br />

Molds that together they could create more<br />

waves on the world stage. “We can take a<br />

product from a sketch on paper to a finished<br />

product, and do that with our capabilities<br />

wherever in the world customers<br />

require it,” Peterson says. “Some customers<br />

want a global supplier, and need<br />

our expertise worldwide. To have these<br />

capabilities helps us get a foot in the door<br />

of companies that won’t even talk to you if<br />

you don’t have a global reach.”<br />

Other OEMs, particularly those that<br />

don’t manufacture globally but want to<br />

take advantage of lower-cost manufacturing,<br />

contract with IWS so they don’t<br />

have to deal with foreign contractors<br />

themselves, Peterson explains. “They<br />

don’t want to be up at 2 a.m. taking a<br />

phone call from a guy in China about a<br />

production problem,” he adds.<br />

IWS provides various levels of service<br />

depending on a customer’s requirements.<br />

For example, for a customer who wants<br />

high-production, precision tooling, this<br />

would be done at the company’s Rockford<br />

plant. Less-precise or lower part-volume<br />

tooling would be done in China. Assembly<br />

operations could take place at IWS’s molding<br />

operations, Pyramid <strong>Plastics</strong> in the<br />

U.S., or Pyramid de Mexico. Design, particularly<br />

detailing work for mold prints,<br />

will be done in India. The time difference<br />

allows the detailing work to be done while<br />

it’s night in the U.S., with prints ready to<br />

go the next morning. “It’s a support system<br />

for the U.S. engineering team,”<br />

Peterson notes.<br />

Having global capabilities is not just<br />

about price. “We can’t be just cheap.<br />

There are a million companies that will do<br />

‘cheap.’ We need to provide the value of a<br />

good solution and meet customer’s<br />

requirements at all levels,” Peterson stresses.<br />

“We want to be about solutions.”<br />

Those solutions include not just moldmaking<br />

and molding but also assembly<br />

and value-added operations, Moldflow<br />

analysis, part modeling, design of experiment<br />

and finite element analysis. IWS also<br />

provides consulting services, project management,<br />

and sourcing for customers who<br />

need those services.<br />

“We make sure we understand exactly<br />

what the customer needs,” says<br />

Peterson, “then leverage our global capa-<br />

MPW<br />

bilities to provide that solution.”<br />

38 OCTOBER <strong>2007</strong> • MODERN PLASTICS WORLDWIDE modplas.com

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