Keep a close eye on your North American injection molder. At least one in four are in credit jeopardy. Average utilization rates are a mere 41 percent. Molders are getting clobbered by high resin prices, weak demand and customer demands to reduce prices an average of 3 percent per year. “I’m thinking we could lose 1,000 to 1,500 in the next five years,” said Jeff Mengel, partner, Plante & Moran at Molding 2008 today. There are some 6,000 molders in North America today, down from 7,000 seven years ago.
An in-depth survey of 700 current and future users of 3D printing holds few surprises, but results emphasize some major trends already in progress. Two standouts are the big growth in end-use parts and metal additive manufacturing (AM) most respondents expect.
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.