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- This Week in Manufacturing - 8/7/24
This Week in Manufacturing - 8/7/24
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This Week in Manufacturing
Family legacies aren’t built overnight and they’re sustained by continued innovation and investment. This week’s feature company has stayed true to its mission of quality. Now let’s dive into quality across the industry!
Our feature company is Rathburn Tool and Manufacturing out of Auburn, Indiana. A true family business, with a founding father passing the business onto one of his daughters–while two more have joined him on the board. In recent years, Rathburn has begun incorporating data processing tools and investing in student hiring.
This week’s Social Video showcases new tools in unexpected places–maybe your favorite jewels?
Next, this week’s headlines highlight continued optimism and growth across crane production, childhood candy favorites, drones, and more!
Our podcasts this week have little Olympic moments of their own between AI integrations and storytelling focuses. Enjoy a16z and Heavy Hitters!
Finally, this week’s Fun Fact shows how precision machine work isn’t going anywhere. Rathburn has the right idea with its hiring plans!
P.S. Do you have a story to share about innovation at your company? We'd love to profile you! Click here
⚙ Manufacturing Headlines
Steel Provider Partnership Boosting Port Crane Mfg [Marine Insight]
US Expanding Production of High-capacity Power Lines [NA Clean Energy]
Thriving family machining business [CompanyWeek]
What Will It Take to Strengthen U.S. Drone Manufacturing? [Drone Life]
Morinaga announces second US factory in North Carolina [Food Tech Biz]
Amid layoffs, optimism persists in U.S. equipment manufacturing [Farm Progress]
INDUSTRIAL & EQUIPMENT
♨️ Rathburn Tool and Manufacturing
Quality work and quality people have propelled Rathburn Tool and Manufacturing to success since 1983.
Founded by Jerry Rathburn, the company expanded from a dirt floor shop with two mills to a more than 39,000-square-foot facility employing 30 people. In 2019, he handed over the reins of the business to his daughter, Angie Holt, and under her watch as President and CEO, the company continues to thrive.
The company has been improving and increasing its certifications to diversify its clientele and level of business.
Upshot: “We partner with the customer upfront, trying to figure out their options for reducing their machining costs and accomplishing the same thing.”
🤨 Did You Know?
The precision engineering market will grow to
$18.66 billion
in 2028 at a CAGR of 6.3%.
Source: The Business Research Company
🎧 Podcasts Worth A Listen
a16z |
HEAVY HITTERS |
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FROM THE FEED
📱Is Jade Hard Enough to Machine Metal?
Source: YouTube Shorts