Suppliers need to trust that they know their cost structures better than their customers when it comes time to bid on various components.
Executives at a West Michigan manufacturer of welding equipment are betting that increased production of gas and oil in North America will fuel growth for the company outside of the automotive industry.
While experts continue to tout wind energy as a diversification target for many West Michigan manufacturers, companies that supply the industry say they’ve faced a period of stagnant demand, especially now that a key federal incentive no longer exists.
A quarterly activity index for the office furniture industry in October reached its highest point in more than seven years.
Improving sales across all product categories and geographies helped boost Gentex Corp.’s performance in its third quarter that ended Sept. 30.
Two years after completing the largest acquisition in the history of Wolverine World Wide Inc., the Rockford-based footwear and apparel marketer says it is again ready to begin looking at potential deals.
An increasing appetite for renewable energy across North America has prompted one manufacturer of solar energy components to expand its production outside of the Golden State.
As production for the 2015 model year of vehicles ramps up, one West Michigan automotive supplier has capitalized on a recent capacity expansion to accommodate growth.
As U.S. manufacturing activity continues to inch upward, the sector is contributing to growth among packaging firms nationwide and in West Michigan.
Throughout a lengthy career, Norman Augustine has held numerous positions in the aerospace industry. Augustine was elected CEO of the Martin Marietta Corp. in 1987 where he continued through the company’s merger with Lockheed Corp. in 1995. Augustine retired from his position at Lockheed Martin Corp. in 1997. Since then, he’s served on countless boards and advisory committees both in the public and private sector. Prior to a recent talk as part of the Frederik Meijer Lecture Series at Grand Valley State University, Augustine spoke with MiBiz about the current state of the aerospace industry.
Despite a growing economy spurred along by a strengthening manufacturing sector, experts predict a relatively bearish metals market to close out the year.
We are hearing again about mergers between massive automotive suppliers, but in West Michigan there is ample evidence that smaller companies can also be highly successful on the international playing field with the right combination of focus and vision.
Growing customer demand amid capacity constraints had one thermoformed plastics manufacturer of kayaks, canoes and other consumer products paddling upstream this year.
When Workhorse Irons LLC formed in 2003, it had little indication that exports would become an integral segment of its business.
Steelcase Inc. and Herman Miller Inc. expect single-digit sales growth to continue throughout the remainder of 2014.
After long periods of consolidation and contraction in the automotive supply chain, many companies are finding themselves rushing to keep pace with increasing global demand.