This Week in Manufacturing - 5/1/24

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💴 This Week in Manufacturing

Making old things new doesn’t have to stop with clothes and furniture. Let’s apply innovation to existing products and industries. This week’s newsletter dives into how manufacturers breathe new life into familiar things!

Our feature company, Amazing Magnets, has taken a product familiar even to schoolchildren and elevated it to a critical component in modern applications.

Next, this week’s headlines ran the gamut of reinvigorating old products and brands from Nokia and machine tools to even simple rings!

Our podcast feature from The Next Great Thing dives into refreshing the staid but important weather-tracking industry, all for long-term good.

Finally, our Social Video comes full circle by detailing how the magnets of our feature company are made.

Thanks for joining us!

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AEROSPACE & DEFENSE

♨️ Amazing Magnets

From rare earth magnet importer to custom neodymium magnet innovator, this scrappy California transplant’s evolution is proving it has sticking power.

Tim Boettcher launched Amazing Magnets in 2002 from a fascination with magnets inside semiconductors, and by 2007, the company had fulfilled more than 10,000 orders, doubled its staff, and moved from Boettcher’s garage to a facility in Tustin, California.

Today, Amazing Magnets is headquartered in Round Rock, Texas, in a new 42,000-square-foot facility that opened its doors in 2022. The move was prompted by a need for room to grow as well as economic pressures.

Upshot: “So, maybe an automotive company needs a magnet that will fit within a specific apparatus, and it’s not a conventional size. Our amazing engineers can change the size to what they need, do up the drawings, get them approved, send out some samples, and we get them the magnets.”

FROM THE FEED

📱How magnets are made

As a new perk to attract and retain employees,

nearly 50% of employers

offer flexible scheduling to manufacturing production workers.

 🤨 Did You Know?

🎧 Podcasts Worth A Listen

THE MANUFACTURING EXECUTIVE
Building a Digital Backbone for Your Manufacturing Business

THE NEXT GREAT THING
Creating the world’s most accurate weather forecasts & fighting climate change

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