Husky Injection Molding Systems. Essay

1604 words - 6 pages

Husky injection Molding Systems: Shift in StrategyHusky Injection Molding Systems is a global supplier of injection molding systems for the plastic industry serving customers in over 70 countries from 33 service and sales offices in 25 countries. (1) Husky announced a shift in its business strategy, in which they plan to quit production of closure molds and close their industrial mold shop located in Auburn, Massachusetts. (2) They intend to focus on their core businesses of making machines and molds for the production of PET (polyethylene terephthalate) preforms. (3) They also plan to add bottle development services to further take advantage of the growing PET market. (4)A Short History of Husky Leading to the Shift in Strategy.Robert Schad who emigrated from southwestern Germany in 1951 to Canada founded Husky in 1953. As an engineer he started the business designing and manufacturing snowmobiles and one of his first models the "Huskymobile" was a complete failure. To remain in business he was forced to perform machining jobs for other customers, which eventually led him into the injection mold business. Schad was able to enter the highly competitive injection mold manufacturing business by under bidding the competition by more than 50% on his first job, in which he lost money, but it gave him the start he needed. "By the late 1950's Schad and Husky had established a reputation as a high quality maker of plastic injection molds." (5)"In 1961, Husky produced its first injection molding machine which was a highly specialized, high speed system to produce thin wall containers." (6) Sales started off slow nearly sending Husky into bankruptcy, but by the mid 1960s sales picked up because customers liked the fully integrated system of thinwall mold, injection molding machine, and product handing equipment that was offered.In 1973-74 Husky once again found that they were on the brink of bankruptcy, which was fueled by the global oil shortage that caused the price of plastic resin to soar. This time they were saved by Owens-Illinois, a major container manufacturer, that asked Husky to work with them on PET packaging. "A new line of molding systems, tailored for production of PET bottle preforms pulled Husky out of its crisis by the end of the 1970s. Husky introduced machines and molds to produce PET preforms, just as the soft drink companies began to start using plastic bottles." (7) Husky established itself as a leading firm in the preform niche and by 1995 their molds and injection molding machines were responsible for approximately 60% of the total world's supply of preforms. "Profits from this area allowed Husky to expand into other product lines and additional countries during the 1980s and early 1990s." (8)In the first half of the 1990s Husky experienced explosive growth where revenues grew from $250 million in 1992 to more than $600 million in 1995 and the company had a return on equity approaching 40%. Then suddenly in late 1995 their success...

Find Another Essay On Husky - Injection Molding Systems.

Strategic Plan Development Paper - Riordan Manufacturing

1285 words - 5 pages Management as the organization makes decisions to join the global markets and take advantage of the opportunities that Riordan Manufacturing for future growth. Riordan Manufacturing offers high quality products in injection moldings, and there is a large demand for the products that the company offers.Review and SummaryRiordan Manufacturing Company is in the field of plastic injection molding. Their creations of plastic moldings have won many

HR System for Riordan Manufacturing Essay

838 words - 3 pages implementation.Company BackgroundRiordan Manufacturing, Inc. was founded by Dr. Riordan in 1991 as Riordan Plastics, Inc. The name was changed to Riordan Manufacturing, Inc. a year later. Today the company is "the industry leader in the field of plastic injection molding" (Riordan, 2006). The company has facilities in Albany, Georgia; Pontiac, Michigan; San Jose, California; and Hangzhou, China. The company is "wholly owned by Riordan Industries, a Forturn 1000

Investment Casting

1180 words - 5 pages ; (23).The four requirements were met and the foundation for the modern investment casting industry was laid. The industry was first established in the United States and then in England. The industry was mainly used for the production of aircraft and military parts.The investment casting process consists of many steps in order to create a high quality part. First, wax replicas of the desired castings are produced by injection molding. These replicas

bioplastics

4479 words - 18 pages starts with raw plastics like powder, pellets, and beads. Firstly, the plastic is fed to a revolving chamber. The chamber (or extruder) will turn and melt the plastic. The melted plastic can be formed into a desirable shape. Then, the finished product is dropped on the conveyer belt to be cooled with water. The items which are commonly made through extrusion are films, sheets, and pipes. In Injection molding raw plastic is fed into the

Riordan

1165 words - 5 pages tighten up its game then other companies will not stand a chance against them.Production Plan for Riordan ManufacturingRiordan Manufacturing, owned by Riordan Industries, is a plastic injection molding company. The company manufactures products such as plastic bottles, heart valves, medical stents, and fans. This report will evaluate production plan for the fans produced at Riordan Manufacturing. The plan includes developing a strategic capacity

Position Control of Hydraulic Servo System Using PID Controller Tuned by Some Evolutionary Techniques

1679 words - 7 pages applications include, manipulators, material test machines, fatigue testing, paper machines, ships, injection molding machines, robotics, and aircraft field. The dynamics of hydraulic systems are highly nonlinear due to directional change of valve opening, friction, etc. (Sohl and Bobrow, 1999). In hydraulic control systems, one of the main purposes of control is to achieve a desired and satisfactory response from the system. A hydraulic servo

Manufacturing

1907 words - 8 pages . In semi-automated systems we can say that operator intervention is needed for manufacturing of each job or object even limited to load and unload. However fully automated systems can be such that operator can or shall intervene only after a particular numbers of job have been produced. For example - Injection molding machines or forging machines where machine tending is done by some sort of automated system. Manufacturing support systems

Overview of Industries, Trade and Commerce of Portugal

2668 words - 11 pages adjustment. Portugal's mold makers specialize in molds built for very long production runs and designed to operate well with the first shot. But each tool undergoes a battery of tests, checking all specifications, each function of various mold components and finally a test run on an injection molding machine.  Industrial production growth rate (%) YEAR GROWTH RATE 1999 2.9 2002 1.5 2003 0.4 2004 1.1 2005 0 2006 0.9 2007 2.3 2008 -2.2

Chapters 21, 22, 23

1631 words - 7 pages usually things like vacuum forming, sand casting, and injection molding. This is helpful for the finished parts because they can be easily machined or changed if the fit of the part has to be changed. It also discusses stereolithography which is the produce that can also create complicated designs prototypes and castings in hours which is better than how it used to take days or even weeks to complete. Stereolithography uses a computer guided laser

Riordan Manufacturing

1588 words - 6 pages Riordan Manufacturing Executive Summary: As a Fortune 1000 enterprise, and an industry leader in the field of plastic injection molding, Riordan Manufacturing, offers state-of-the art plastics design capabilities through its facilities in San Jose, California; Albany, Georgia; Pontiac, Michigan; and Hang Zhou, China. Currently, Riordan's COO, Hugh McCauley, and the executive team have requested changes to the current information system

Chapter Reviews on Numerical Control, Automation, Robotics

1695 words - 7 pages . Chapter 22 also covers laminated object manufacturing which is a fairly new thing that is used. It helps with the making of prototypes, and the things that go along with prototypes. It is inexpensive because its material is usually paper and plastic. The molds it helps to make are usually things like vacuum forming, sand casting, and injection molding. This is helpful for the finished parts because they can be easily machined or changed if the fit

Similar Essays

Husky Injection Molding Systems (Canada; Machinery)

1061 words - 4 pages IntroductionAs one of the world's premier manufactures of plastic injection molding equipments, Husky had experienced significant growth and profitability during the early 1990s. However, since 1995, competitors began to enter Husky's major markets with comparable quality products at a price that is much lower, meanwhile, their demand also decreased due to the shortage of resins. All in all, Husky was facing a series of serious trouble for the

An Exploration Of Molding Essay

2937 words - 12 pages of a process). TYPES OF INJECTION MOLDING • REACTION INJECTION MOLDING Process for molding polyurethane, epoxy, and other chemical systems. A mixture of two to four components in proper chemical ratio is delivered into the mold at low pressure, where it reacts. • LIQUID INJECTION MOLDING Proces that involves an integrated system for mixing dual components liquid resin formulation and directly injecting the resultant mix into a mold which

Quality Improvement Implementation Paper

2052 words - 8 pages Running head: QUALITY IMPROVEMENT IMPLEMENTATION PAGE 1 QUALITY IMPROVEMENT IMPLEMENTATION PAGE 10 Quality Improvement Implementation PaperQuality Improvement ImplementationHartman Industries, LLC is an industry leader in the field of plastic injection molding. The company has been known to have a detailed, extreme precision, and high quality control standards (Hartman Industries, LLC, 2009). Hartman Industries has reached great success by

Active Directory Implementation Plan Essay

631 words - 3 pages Running head: Active Directory PAGE \* MERGEFORMAT 2 Active Directory Implementation PlanPOS/421Riordan Manufacturing, Inc. is an industry leader in the field of plastic injection molding (Apollo Group, Inc., 2004). With locations in in San Jose, California, Albany, Georgia, Pontiac, Michigan and Hangzhou, China, Riordan is poise to continue leading the industry in their niche of plastic manufacturing. Recently, Riordan recognized a need to