Tool and die makers brace for busy two years
The next two years are shaping up to be a busy time for tool and die makers in West Michigan and beyond.
That’s according to industry insiders who say an abundance of new vehicle launches between 2018 and 2020 have most tool and die shops running at capacity as they try to keep up with customer demands.
“The industry outlook is very, very strong for the next 18 to 24 months,” said Laurie Harbour, president and CEO of Harbour Results Inc., a Southfield-based firm that tracks the tool and die industry. “We do think there is going to be spillage from year to year because there are just too many launches for anyone to handle. I don’t necessarily mean in tooling, I mean OEMs and Tier 1s that are going to struggle to get it done. It’s a very positive outlook.”
Merrifield Machinery Solutions is ready to help work with the Tool & Die Companies in Michigan, and provide the service and machines to meet the demands of the market.