Business and entrepreneurial worlds have long been touting the individualism and success stories of heroes starting from nothing and building successful ventures. Metalworking industry is not different from this general trend. Businesses try to be the biggest fish in the pond, but when that pond shrinks dramatically like during this pandemic, the problems arise even for the most successful companies. Circumstances forced business leaders to work together in order to survive, from supply chain, service and maintenance people all the way to customers.
- In a roundabout way, that shift toward community may do the manufacturing industry, including the business of metal fabrication, a world of good.
- The team, from sales through engineering and production, is only as good as its weakest link.
- Considering the moves some of the industry’s largest players are making, the post-pandemic era might be an unprecedented time for custom metal fabrication success.
“Q2 quoting activity was sky-high, and the company reported that it won a fair amount of takeover business. Opportunities lie in reshoring and nearshoring too, with customers bringing production closer to where the final consumers are.”