PM Blog

HSAs: Health Savings Accounts

Health savings accounts (HSAs) are the most recent innovation in healthcare reimbursement. They have generated strong interest among professionals and corporate executives who see the tremendous tax advantage.

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Lean Tools To Beat Material Madness

Material price escalations exceeding 100 percent; surcharges on top of surcharges; lead times are in excess of 40 weeks on certain items. What can a precision machined products company do to make the best of this current market maelstrom? How about using lean tools to help minimize the impacts of the current market conditions?

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Why Do I Need To Have My Business Valued?

Most people have a good sense for the value of their house or car, but when business owners are asked the question, "What's your business worth?" the overwhelming majority answer, "I don't know."

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Automation

Multipurpose Part Conveyor

Most part conveyors will collect machining fluid as it drains from moving parts, but here's one with more versatility.

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What It Takes To Achieve Sustainable Success

At a recent district meeting, a question posed to the panelists was, 'What will the 'winners' in our industry look like, who do you think they will be and why?'

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Energy Efficiency Equals Money In Your Pocket

You don’t have to have the last name 'Einstein' to figure that energy efficiency equals more money for you and your business. While many of us consider our company’s energy budget to be a fixed cost or a constant variable cost as a fraction of our sales, the fact is both of these mindsets put blinders on our ability to think about energy costs.

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PMPA Member Profile: Pacific Precision, Inc.

The company began as a small job shop with two used Swiss screw machines and a brand new Hardinge machining center. Today, the company machines high-precision components for the medical industry, particularly surgical instruments, orthopedic and dental implants, and orthodontic hardware.

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Band Saw Technology Takes A Leap

New technology in the form of coatings and tooth geometry are making sawing a potential source of efficiency in a shop.

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Automation

Automating CNC Lathe Part Loading/Unloading

Read about how you can automate the loading/unloading of your CNC lathes to reduce the labor cost on longer running jobs.

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Changing Shop Management Software Takes Teamwork

Manufacturer’s hardware platform and shop software upgrades bring added flexibility, simplicity and speed to the network and its processes.

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Business Protection You Can’t Afford To Be Without

Contract review is a critical aspect of running a successful shop. APQP, FMEA, and PPAP—all of these contribute to the "no surprises, products meet all aspects" of the customer’s specification delivery experience. But what about the commercial side? The efforts you fail to make on commercial aspects of your obligations can have consequences just as serious as shipping nonconforming products to your customer.

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Technical Member Profile: Champion Screw Machine Engineering, Inc.

Champion is a leading supplier of Acme-Gridley replacement parts, tooling and attachments. The company also stocks parts for Davenport, New Britain and Conomatic.

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