Operational Efficiency
Reduce. Reuse. Recycle. Rethink.
How Hoffer Plastics Is Setting New Standards of Sustainability in Plastics How can we use less material? How can we use it more effectively? How can we give plastics a new life? As a plastics processor, we must keep these questions front and center. It’s about the future of our company, our community and our…
Read More5 Ways to Tell if a Custom Manufacturer is Truly Customer-Centric
Medical Product Outsourcing shared an article authored by Millie Nuno, Hoffer Plastics Vice President of Sales. Read more below about the five fundamental characteristics to look for when choosing a truly customer-centric custom manufacturer. In today’s consistently fluctuating medical market, one thing is certain: There continues to be a growing need for reliable custom manufacturing…
Read MoreHoffer Plastics Welcomes Jeff Klabunde as VP of Operations
Hoffer Plastics, a leading provider of custom injection molding solutions, announced the hire of Jeff Klabunde as Vice President of Operations, effective immediately. Klabunde will hold responsibility for the oversight of all Operations-related functions including the integration of automation technologies and ongoing maintenance of the organization’s focused manufacturing plants to maximize productivity and operational excellence.…
Read MoreLimited Growth Among Top 100 Injection Molders
Must be summer because it is time to look at the numbers behind Plastics News’ ranking of the Top 100 North American injection molders. Look to next week’s issue for the smaller firms.
There are 102 firms in the top 100 this year, that’s due to the three ties at No. 100. The companies have combined molding sales of $29.1 billion. The top 10 alone make up 34 percent of that total revenue. The average sales per firm is $284.7 million, holding steady compared with last year.
The general trend in automotive was down, although a few lucky firms managed to grow. Medical molders also grew. I read many annual reports where company executives explained that their sales increases were due to resin pricing pass-through to customers.
For those firms reporting growth at the top 100, the average increase was 15 percent. The figure rises to 23 percent if you include acquisition-related growth. Six percent of the top 100 executives in this list are women.
National Inventors’ Month
May is National Inventors’ Month! We highlight new products, inspirations and thoughts on improving innovation in any context. And as Memorial Day closes out the month, please remember to thank a Vet and honor all who’ve served. Hoffer Plastics and BBC Cellpack Team at the Plastics Pouches Trade Show, Vienna, April 2019 Spotlight on Hoffer Plastics…
Read MoreChina Tariffs Will Hit Consumers Hard
For many Americans, President Donald Trump’s trade war may soon get very real.
His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. That’s roughly $300 billion worth of products on top of the $250 billion targeted earlier.
“The administration’s decision to announce a tax on every product coming from China puts America’s entire economy at risk,” the Retail Industry Leaders Association said in a statement. “Americans’ entire shopping cart will get more expensive.”
Read MoreIndependence Defined: In Celebration of Small Business
The month of July is all about celebrating American independence. As we enjoy food, fireworks and concerts typically brought to us by corporations, let’s also celebrate the small, independent businesses that many experts consider to be the true backbone of the U.S. economy. Small Businesses, Big Impact There are nearly 30 million small businesses in the U.S., compared…
Read MoreThe High Cost of an Unsafe, Unhealthy Organization
As summer heads into full swing in June, there’s plenty of focus on personal safety as it relates to water activities, outdoor sports, camping, heat and the sun – and rightly so. In recognition that June is National Safety Month in the U.S, this issue focuses on the importance of safety in the workplace and highlight…
Read MoreThe World Will Run Out of Water
The 48th annual Earth Day commemorated on April 22nd reminds us that an ongoing supply of clean, safe water is not guaranteed. In fact, this precious commodity is very much at risk. In this issue, learn about global water challenges and what innovators are doing to address them. Statistics from the United Nations: By 2025, 1.8 Billion people worldwide will…
Read MoreTaming the “Lions” —A Simple Approach to Managing Risk
Make Risk Management part of annual and long term planning Select a cross functional team to: Identify Risks Try “What if” scenario analyses or “War games” sessions Great fun and great for team building Analyze and quantify risks Simple spreadsheet: list, number, describe and quantify the impact of the risk Develop action plans for the most…
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