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Todd Finley, Vice President, Commerical Tool & Die, Inc. |
The TPR is
pleased to present a Case Study feature on Commercial Tool & Die,
Inc., in Comstock, MI – winner, for two years running, of
MoldMaking Technology Magazine’s Leadtime Leader Award for large
shops. This company is a winner for very good reasons, several of
which will be revealed within this Q&A. CTD’s Vice President, Todd
Finley, provides some insight and we hope you enjoy this feature.
What
is your company niche, and what does your company do that is
notable, unique or different?
Commercial Tool & Die designs and
builds medium to large plastic injection molds for the Automotive,
Furniture, and Appliance industries. We have a large and capable
CNC Machining department that does contract machining for the
Aerospace Industry as well as many other shops in the industry. We
have built a fine reputation for precise, efficient, and
competitive CNC machining that helps us build injection molds that
are superior in quality. We design all of our molds in Unigraphics
and utilize a paperless manufacturing system that is both efficient
and less prone to mistakes and revision control problems.
When
and how did you get into the industry, what
attracted you to it?
Like many others, a family member
got me a summer job in a mold shop in 1985. I never left. I found
that building things is addictive and fun. I also enjoy the fast
pace and deadline pressure that you can only get in a job shop.
Relate a notable "best time" for
your company.
I look back on the 1990’s as the best time, not only for our shop,
but for most shops in the industry. Work was abundant, payment
terms were reasonable, and it was relatively easy to grow and be
profitable. We didn’t know how good we had it, when we had it so
good.
Similarly, relate notable challenges
that your company has overcome.
The last eight or so years have been
extremely challenging as foreign competition has forced us to cut
prices by 30% to 40%, while material prices have increased. We
have also had to figure out how to adjust to unfavorable payment
terms and make tough decisions on work we would accept, at times
turning down work when we really needed it. We have slashed our
costs and removed waste from our manufacturing process to remain
profitable and competitive. It has been tempting to cut corners on
our product to match the declining prices, but we made a corporate
decision to not only maintain our high quality, but to actually
continue to improve the quality and value of the product we
produce. We don’t believe it is possible to sustain the business
if we are producing an inferior tool.
An example of how we can add value
for our customers is reflected in the following example: We were
contracted to build a second mold for a customer, producing an
Energy Absorber for a Front Bumper to run in a 3,000 ton press. We
did not build the first tool and the tool we were contracted for
was to help meet increased production volumes. In the mold design
phase, we suggested improvements to the overall product design and
mold design concept that were ultimately approved. We added
significant cooling and reduced the complexity of the mold with a
net result of a 50% reduction in cycle time and a mold that was
more reliable in production. Needless to say, our customer was
very satisfied with the results and used our ‘capacity’ tool as the
primary production tool as soon as it was ready.
When
you are working on projects with your customers, what aspects would
you like
them to better recognize?
The importance of having good
information early in the design stage. It is extremely disruptive
to our manufacturing process (that we have streamlined to remain
competitive) if we have to back up or stop to accommodate late
information.
List
newly acquired technology, machinery or key personnel (in last
year).
We recently purchased a Makino A81
horizontal twin pallet CNC machine for component machining. We
already have a Makino A99 dedicated to lifter and slide machining
and we have experienced a great efficiency improvement by utilizing
standard fixturing, automatic quick clamping, and utilizing the
pallet system to streamline set-ups. This new purchase will allow
us to expand on this improved manufacturing system. We have also
hired a full time manager to focus on the Aerospace Industry, which
we hope to grow.
Has
your company recently expanded? Plans to expand or form
partnerships/alliances?
We have not expanded recently, but we are always looking for good
business opportunities and will add resources as needed.
We are in the process of forming a
Tool and Die Collaborative with five other Michigan shops and
applying for a Renaissance Zone. There are definite advantages to
working closely with other shops that have different specialties.
We hope to pool our resources to gain in areas like workload
balancing, purchasing of materials, health care, and best
practices.
Are you involved in any industry
organizations or educational programs related to the trade?
I am on the national Board of Directors for the AMBA.
CTD works with several local colleges, universities, and trade
schools.
CTD has the only Dept. of Labor
certified in-house apprenticeship program for mold-making and CNC
machining in the Midwest. This program has been so successful that
we are starting a training company called Expert Technical Training
to help provide on-line and custom training for our industry. We
are really excited about the opportunity to help educate the next
generation of skilled tradespersons.
What do you think about
changes occurring in the industry due to globalization? How has it
affected the way you do business?
We have been forced to become much more efficient and competitive
in cost and quality. The one advantage we have over foreign
competitors is that we can service our customers for the life of
the tool and be in their plant to help them solve issues. We can
also stand behind our product to ensure their success. We have
placed particular emphasis on customer service and responsiveness
and we want to ensure every customer has a positive experience when
they purchase from us.
What
will the industry look like in 3 to 5 years?
Well, my crystal ball isn’t working
at the moment, but I think that as the economy improves our
business environment will improve with it. Off-shore competition
is here to stay, but I think many of our customers have had their
eyes opened to the risks, incremental costs, and challenges they
face when going off-shore. I think everyone had to try it, because
it was the ‘in’ thing to do and the initial pricing is compelling.
The North American shops that survive will be highly efficient and
globally competitive, and they will do quite well.
Additional Background Information:
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Number
of years in business: 56
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Current number of employees:
125
-
Current square footage:
85,000
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Additional locations: CG
Plastics and CG Automation & Fixture, both located adjacent
to CTD
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Website:
www.commercialtoolgroup.com
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Types of tools built and/or
run: Plastic Injection molds from 90 ton to 3500 ton.
Specialize in two-shot and complex or class ‘A’ molds
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Industries served:
Automotive, Aerospace, Furniture, Appliance
For more information:
Commercial Tool & Die, Inc.
5351 Rusche Dr. NW
Comstock Park, MI 49321
Phone: 616-785-8100
Email:
Todd.Finley@CommercialTool.com
Or
Ray Henkel, Engineering & Sales:
Ray.Henkel@CommercialTool.com