With 2018 shaping up as slower than expected for the automotive supply chain, West Michigan-based tool and die makers are embracing diversification to counter the cyclical industry.
JENISON — The changing automotive industry is forcing West Michigan manufacturer Dienetics to adjust how it does business.
WALKER — Citing increased demand from its automotive customer base, Betz Industries Inc. wants to expand its manufacturing capabilities at its sprawling West Michigan campus.
GRAND RAPIDS — Driven by customers’ needs to lightweight large components, Paragon Die and Engineering Co. is adding new equipment and expanding its facility in West Michigan.
While most economists still believe in the strength of the overall economy, some West Michigan manufacturers say their business has begun to soften, indicating a slowdown could be starting to emerge.
GRAND RAPIDS — Many West Michigan mold manufacturers are looking to get ahead of the oncoming wave of employee retirements by hiring more employees this year.
With 177 new vehicle launches expected by 2020, tooling suppliers like Walker Tool & Die Inc. are bracing for another busy period in what’s been a string of good years for the industry.
The sector that provides the majority of tooling, fixtures and molds required to manufacture automotive components is facing a crisis.
The next two years are shaping up to be a busy time for tool and die makers in West Michigan and beyond.
MIDDLEVILLE — Backed by a new investment, Middleville Tool & Die Co. wants to ramp up its manufacturing capabilities that will pull it further away from its legacy business.