Investment in design engineering is a sure-fire way for corporations to boost their market share and bottom line. No where is that more evident than at Whirlpool, which has increased its design engineering staff by 25% since 2002 and is reporting steady progress in corporate performance. CEO Jeff Fettig says that innovation is the company’s new growth engine. Whirlpool has $4 billion in its innovation pipeline this year, up from $1.3 billion in 2003. Earnings from continuing operations are up 15% in two years, and that’s despite a North American slowdown in appliance shipments and soaring materials costs (up $400 million this year). Fettig made the comments at the Raymond James investors’ conference last month. The results were very apparent at the Innovations Conference sponsored this month by the Appliance of Plastic Processors in Memphis, TN. Whirlpool walked away with all of the big prizes
How can automakers, aerospace contractors, and other OEMs get new metal alloys that are stronger, harder, and can survive ever higher temperatures? One way is to redesign their crystalline structures at the nanoscale and microscale.
Although a lot of the excitement about 3D printing and additive manufacturing surrounds its ability to make end-products and functional prototypes, some often ignored applications are the big improvements that can come by using it for tooling, jigs, and fixtures.
A fun and informative tour you can attend at the upcoming Design & Manufacturing Minneapolis, MD&M Minneapolis, and other events there, is the Materials Innovation Tour on Wednesday afternoon. I'll be leading it.
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies.
You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived.
So if you can't attend live, attend at your convenience.