The U.S. Commerce Department's Hollings Manufacturing Extension Partnership program is a key CMTC funding source.
The Wall Street Journal quoted VanVoorhis in a Feb. 15 news article about the importance and value of ongoing federal funding for the MEP program. Expressing concern, he told Plastics News, "The new budget may pull funding for this program."
PMP plans this year to focus on continuous improvement of quality and inspection functions and perhaps conduct another program on lean manufacturing.
As part of the lean effort, PMP built fully outfitted shadow boards and placed one next to every molding machine. The firm's lead process engineer wears a Fitbit activity tracker and noticed a difference immediately. He was taking 5,000 fewer steps per day.
As a benefit of the multiple training efforts, PMP has dramatically increased its inventory turns from 1.5 in 2008 to a highly desirable 18 turns in 2017.
"It takes a lot of real estate to store obsolete product you might or might not sell," VanVoorhis said. As an alternative, "we make sure each machine is right with a mold process that can run good parts repeatedly."
PMP operated a split shift in 2011 and is now staffed 24 hours a day.
PMP reports annual compounded growth of 23 percent since 2004.
"We had a record year on both the top and bottom lines," he said, envisioning significant growth in 2018. PMP relies on having a diverse business mix with "not more than 20 percent in an industry or more than 10 percent with a specific customer," VanVoorhis said.
PMP operates eight late-model electric injection molding machines from Toyo Machinery & Metal Co. Ltd. They include four Si-V-55s, two Si-55-6s, one Si-V-110 and one Si-110-6.
The presses are matched with auxiliary dryers, loaders, granulators and thermolators from Matsui (Asia) Co. Ltd. and robots from Yushin Precision Equipment Co. Ltd. In addition, PMP has four machines — one electric and three hydraulics — from Woojin Selex Co. Ltd.
Two other presses are from Dr. Boy GmbH & Co. KG.
Still in use perhaps three days per each month, a 24-ton Boy hydraulic 15S with a vertical injection unit and a horizontal clamp was one of the first molding machines the business bought in 1979. The company added an 80-ton Boy hydraulic in 1995.
In 2017, PMP purchased 18 new pieces with the capital expenditures totaling almost $300,000.
PMP works closely with distributors of original equipment planning to exhibit May 7-11 at NPE2017 in Orlando, Fla.: Maruka USA Inc. for Toyo in booths W1103 and W911, Matsui America Inc. in booth W2413, Woojin Plaimm Inc. in booth S10001 and Boy Machines Inc. in booth W2503.