heat treating - plating - powder coating. regional need: “regarding … heat treating, plating and...
TRANSCRIPT
- Slide 1
- Heat treating - Plating - Powder coating
- Slide 2
- Regional Need: Regarding heat treating, plating and powder coating services, (we) lose a lot of bids because the cost associated with sending them out is way too expensive. -Northland Machine Itasca County, MN GrowMN Survey
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- Partners:
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- The Survey: 100 Regional Businesses Manufacturing Machining Aviation Supply and Demand Heat Treating Plating Powder Coating
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- Industry Insight: Poor steel with a superior heat treating will outperform a part made of good steel with poor heat treating. Proper heat treating for the intended use of a part is the single most important characteristic of that quality part. -Precision Manufacturing Journal October 2013
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- The Results: 46 out of 100 surveyed responded 25 Businesses utilize at least one metal treatment 11 Businesses utilize all three metal treatments
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- The Results: The average distance businesses in the region currently source these treatments is over 270 miles, one way.
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- The Results: $4MM per year spent on heat treating $5.5MM per year spent on plating $2.5MM per year spent on powder coating
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- The Bottom Line: Over $12 MILLION of untapped revenue leaves our region each year
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- Marketing: 16 Potential Expansion & Attraction Prospects
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- Expansion & Attraction: Heat treating o Regional expansion prospect Powder Coating o Regional capacity: Northstar Aerospace Plating o Attraction prospect: MD&M Conference
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