heat treating - plating - powder coating. regional need: “regarding … heat treating, plating and...

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  • 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
  • Slide 3
  • Partners:
  • Slide 4
  • The Survey: 100 Regional Businesses Manufacturing Machining Aviation Supply and Demand Heat Treating Plating Powder Coating
  • Slide 5
  • 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
  • Slide 6
  • Slide 7
  • Slide 8
  • Slide 9
  • The Results: 46 out of 100 surveyed responded 25 Businesses utilize at least one metal treatment 11 Businesses utilize all three metal treatments
  • Slide 10
  • The Results: The average distance businesses in the region currently source these treatments is over 270 miles, one way.
  • Slide 11
  • The Results: $4MM per year spent on heat treating $5.5MM per year spent on plating $2.5MM per year spent on powder coating
  • Slide 12
  • The Bottom Line: Over $12 MILLION of untapped revenue leaves our region each year
  • Slide 13
  • Marketing: 16 Potential Expansion & Attraction Prospects
  • Slide 14
  • Expansion & Attraction: Heat treating o Regional expansion prospect Powder Coating o Regional capacity: Northstar Aerospace Plating o Attraction prospect: MD&M Conference
  • Slide 15