The harsh business challenges facing U.S. plastics processors and toolmakers are well-documented. Less evident are the strategies for dealing effectively with such issues as cheap imports, soaring resin costs and financially distressed customers.
Many companies have no interest in setting up manufacturing operations overseas, but are as hungry for growth and profits as their more internationally minded counterparts. To do so, they need to learn to differentiate themselves, add value and operate at maximum efficiency.
Plastics News is organizing a ``Survival Boot Camp'' for Sept. 13-14 in Rosemont, specifically for such executives, particularly for owners and managers of small- and medium-sized plastics companies. The 1½-day conference will feature 15 presenters, and include significant time for interactive discussion between speakers and attendees. The aim is to share best practices and to allow others to learn from the experiences of others who have had to reshape their companies, revamp internal practices and refocus on different end markets or customers.
Keynote speakers will be Brian Jones and Tom Murdough. Jones now is president of his own management consulting firm, Coral Equity Partners, and chairman of Marietta Corp., a leading contract maker and packager of personal-care products. In his first plastics industry speaking appearance since stepping down as president and chief executive office of Nypro Inc., Jones will discuss how U.S. companies can optimize their supply chains to maximize their business potential. Murdough recently retired as president and CEO of Step2 Co. LLC. A renowned entrepreneur, he founded and ran two of America's largest makers of rotational molded plastic products - Little Tikes Co. and Step2 Co.
Among the other speakers will be: Peter Bemis, CEO of Bemis Manufacturing Co.; Tom Duffey, president of Plastic Components Inc.; Jerry Edquist, president and CEO of Carlson Tool & Mfg. Corp.; John Gravelle, president of Mar-Lee Cos.; George Koenigsaecker, president of Lean Investments LLC; Ron Ricotta, president and CEO of Century Mold Co. Inc.; and Dave Spence, president and CEO of Alpha Packaging Inc.
These and others will discuss such topics as how to identify import-resistant markets and promising processes, apply lean manufacturing principles and automation, and drive growth through innovation and differentiation.
For full details online, see www.plasticsnews.com/bootcamp.