article thumbnail

Manufacturing Benchmarking Report findings show opportunities for growth

Manufacturer's Monthly

Advisory, finance, and tax firm Grant Thornton has released its 2023 Manufacturing Benchmarking Report, analysing the financial data from 100 Australian mid-sized manufacturers and tracking their performance during FY23. The Report has revealed positive trends in 2023, with a 6.7 per cent year-on-year average sales growth.

article thumbnail

BluGlass’ Fremont lasers meet performance benchmarks

Manufacturer's Monthly

Global semiconductor developer BluGlass Limited ‘s gallium nitride (GaN) laser diodes produced at its Silicon Valley production facility are now achieving or exceeding contract manufacturer benchmarks. These results follow the successful transition of p-side processing from contract manufacturers to its Silicon Valley fab.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New benchmark for gasket design

Manufacturer's Monthly

Oil, gas, power, manufacturing, and marine environments all have harsh effects on standard sealing solutions, which often leads to a shortened product life. He says that creating high-quality sealing solutions for environmentally rugged applications has been a primary challenge for part manufacturers in recent years.

article thumbnail

Injection Mold Manufacturer Offers Focused Expertise, Benchmark Performance

Mold Making Technology

Photo Credit: StackTeck Systems StackTeck Systems Ltd. is a global provider of integrated plastic molding solutions for the injection molding industry. From product and mold design to complete automation systems and systems integration, StackTeck develops injection molds and systems that provide effective and efficient production solutions.

article thumbnail

A Guide to Cybersecurity Insurance for Manufacturers

Automation World

From the main obstacles to expect and how to pass audits to the role of IT/OT assessments and key benchmarks for coverage eligibility, these are the most important aspects of cybersecurity insurance for the manufacturing industries.

article thumbnail

Benchmarking: An Invaluable Business Tool

Modern Machine Shop

In difficult and uncertain business conditions, it’s important for manufacturers, especially small and medium-sized enterprises, to know where they stand and take every opportunity they have to improve, but gathering this information requires cooperation.

article thumbnail

Workforce Technology Boosts Manufacturing Metrics

Gary Mintchell

I had an opportunity to speak with Ken Fisher, SVP of Product Management & Solutions Consulting at QAD Redzone, about ways the US can maintain continued manufacturing through the use of technology. They use OEE as one measure of effectiveness because it’s an easy way to benchmark, a good way to compare.