Now Amerequip has morning and afternoon shifts that run 10 hours each, Monday through Thursday, and a weekend shift that comprises three 12-hour days, Friday to Sunday. The exercise is bearing some fruit after only a few months. In the metal fabrication business, everyone would rather be busy than slow, but that doesn’t mean it’s easy. The idea is that flow would be simplified on the shop floor if painted parts were exiting from one area and directly into value streams. Degree/Diploma in Welding, Fabrication and Metal Work; List of Legal Documents You Need to Run a Welding and Fabrication Company . Growing company supplies steel and metal products to a wide variety of customers, both do-it-yourselfers as well as major construction companies. The finishing department, where parts move from welding, is another area where the operations team will be working to streamline product flow. If you hope to thrive, balance investments in skills with selecting emerging technologies and implementing flawless customer service. In this case, the business is more about fabricating and building products. The idea came from the welding department, he said. Most companies in the metal fabrication business work primarily to fortify their organization’s strategy in a manner that can best help them make it through changes in the global economy. Continental Steel has established itself over the years as a company whose specialty is sourcing hard-to-find metals. In this process a metal part is dipped into a tank containing a water-based solution mixed with a paint emulsion. In the near term, Heus said the focus is on looking at automation that might be able to assist with parts sorting after skeletons are unloaded from the laser cutting bed. The key is to keep production going to meet demand, but not building too much. Voice of the Customer – Know the Customers to Grow Your Metal Fabrication Business. That’s a pretty good place to be if you’re in the business of using thin metal strips, When they are empty, they go back to fabrication to be filled—fabrication to welding to painting to assembly. Heus added that the CO2 laser technology really makes sense for the material mix that Amerequip cuts on a regular basis. After new ownership came in, the fabricator turned its focus to building products for OEMs and taking on more contract manufacturing work. Expanding your shop may not be easy, but it’ll be well worthwhile for you and your employees committed to its growth. The rise of automationhas no doubt changed the nature of many industries including metal fabrication. A recent award-winning cast part is a good example of this type of cost-saving conversation. “With everything that has changed over the last six months, now everybody really is being able to focus more on cost,” Abfall said. Steel Fabrication Business. When Amerequip was looking at rising volumes for an 11-piece steel swing frame that was used on a compact utility tractor backhoe attachment, it realized that it might be more cost-effective to have it cast instead of fabricated. Fabricators & Manufacturers Association, Intl. The global metal fabrication market was valued at USD $16.35 billion in 2015. We learned the importance of “partnering” early on. The goal is to grow the business. Steel fabrication involves the building and making of structures with steel through cutting, bending, and assembling. You can proceed using the following steps: Create a Business Plan: It is impossible for your metal fabrication unit to succeed without a business plan. First Name * Last Name * Company/Employer. Creating a First-Rate Steel Fabrication Company Business Plan It's virtually impossible for your steel fabrication business to succeed without an effective business plan. Dan Davis is editor-in-chief of The FABRICATOR, the industry's most widely circulated metal fabricating and forming magazine, and its sister publications, STAMPING Journal, The Tube & Pipe Journal, and The Welder. It will take a significant portion of your time, effort, and resources to run a prosperous business. Professional Welding Workshop. It also gave significant raises beyond what the original contract stipulated. Our specific choice of target markets at SW is based on an in-depth understanding of our prospective customer’s needs.We believe that our skills and capabilities will allow us to very well compete and develop our reputation within our business area. Construction companies require steel in various shapes for their work which means that there is almost always a steady demand for a specialist in the steel fabrication business. I'm Interested! These include doors, windows, metal cabinets, railings, and metal garden tools among others. To begin fabrication works business, you need fabrication skills and equipment to cut, bend and assemble aluminum metal. Many are delivered in a just-in-time manner; when a tote is emptied, it is returned to New Holstein for replenishment and delivered back to the Kiel facility’s assembly area. less than the original fabricated and welded predecessor. TTM May 2018 Revenue. Before coming to The FABRICATOR he has covered appliance manufacturing, the finishing industry, and manufacturing and business software development. All Rights Reserved. It is expected to grow at a rate of 3% annually, reaching USD $21.38 billion by 2024. $1,151,279. It had $55 million in sales revenue in 2016 and expects to reach $110 million in 2020. Also offers custom fabrication of products as subcontractor on major regional projects as well as one-off design and fabrication of products as diverse as farm and ranch, Bar BQ, trailer applications and much more. It even builds complete end products, such as commercial mowers. The acid bath removes the oxidized edges and slag from the laser-cut parts. Based on product volume, the number of pallets and totes that feed assembly varies. “Within the last year, we have become more proactive versus reactive. Clutch Plate. One of the first steps Amerequip took was to renegotiate the contract with the International Association of Machinists and Aerospace Workers, which represented its employees. Inquire today about this profitable and growing steel fabrication business for sale! He is a 1990 Louisiana State University journalism graduate. An overhead crane moves the raw stock from trucks at the nearby dock in the rear of the building to the loading point for material storage. An acquisition can be a great way to enter structural steel fabricators business ownership. Amerequip worked with Neenah Foundry, Neenah, Wis., starting in April 2018. Employees that work the weekend shift get paid for 40 hours. Again, the goal is to have the right amount of purchased parts at the right time. They joined the company’s two hydraulic press brakes. The cylinders are made at the company’s New Holstein, Wis., facility. Executive Summary ; Metal Fabricators™ is a welding and fabrication business with expertise in the production of a variety of building equipment and accessories. Right now the welding department is at about 50 to 60 percent utilization, according to Abfall. Until then some of the fabricating and welding work took place at its 40,000-sq.-ft. New Holstein plant, which is now being used exclusively for cylinder manufacturing. The challenge was a culture of always trying to fulfill customers’ wishes. Until 1983 the manufacturer had mainly focused on its own line of products, which included medium-duty backhoes for compact utility tractors, front-end loaders, front and rear blades, and post hole diggers, which had been marketed through distributors and dealers. 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