April 2015 Newsletter

"Our company's continued success has been built on the reliability and integrity
that we demonstrate with each of our customers, suppliers and employees."
- Chris Metz, CEO


 

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Economy Analysis April 2015...
The first quarter GDP came in much lower than expected, at 1.3 percent.  This is on top of a revised fourth quarter GDP of 2.2 percent, which was originally reported at 2.6 percent. There are many possible explanations for this, not the least of which is weather related.  The sharp rise in the dollar has also curbed exports, though economic effects of dollar changes tend to have a significant lag.   Learn More >>
 
Construction Growth is Good News for the Plastics Industry...
According to the latest U.S. construction spending report released by the Census Bureau, the amount of money spent on the construction of manufacturing facilities spiked up by 22 percent in January when compared with the same month from last year to a total of nearly $5 billion for the month.   Learn More >>

 
 
New GEONTM Bold Vinyl Solutions Keep Deep Color Vivid in Outdoor Environments...
The first quarter GDP came in much lower than expected, at 1.3 percent.  This is on top of a revised fourth quarter GDP of 2.2 percent, which was originally reported at 2.6 percent. There are many possible explanations for this, not the least of which is weather related.  The sharp rise in the dollar has also curbed exports, though economic effects of dollar changes tend to have a significant lag.
Learn More >>
 
Metal -- Plastic Solutions...
VESTAKEEP® PEEK, a high-temperature polymer polyether ether ketone material, which is manufactured by Evonik,  is continually finding its way into metal-replacement applications.  Nippon Chemical Screw & Co recently approved VESTAKEEP® PEEK for the manufacture of high precision one-inch sized screws.
Learn More >>

 
 
Digital Printing Continues to Penetrate the Packaging Market...
When high volume printing is required on plastic packaging components, the typical methods are offset and in-mold label (IML).  Although these are widely accepted and utilized methods, they are sometimes not an ideal production approach because they tend to have long lead times and lengthy setups. 
Learn More >>
 
Advances in Barrier Injection Molding Create Opportunities in the Food Beverage Markets...
When high volume printing is required on plastic packaging components, the typical methods are offset and in-mold label (IML).  Although these are widely accepted and utilized methods, they are sometimes not an ideal production approach because they tend to have long lead times and lengthy setups. 
Learn More >>
 

 

Lean 5S...
In the February newsletter, we had stated that as part of The Genesis Movement program we would continue the implementation of LEAN Manufacturing principles.  In the past few months, we kicked off a 5S program in our tool room, maintenance and QC retains areas.    Learn More >>

Job Growth...
As NOVATION Industries continues to grow and expand we are always looking for talented individuals.  We are actively looking for a Setup Technician, Night Shift Foreman, Quality Engineer, Tooling & Project Engineer and a Staff Accountant.  Refer to our Job Listings page on our website for details on these open positions. 
 
Internship Program...
The Illinois WorkNet Center sponsors a Manufacturing Careers Internship Program (MCIP) that is designed to give young adults a chance to see first-hand the high-paying career opportunities available in the manufacturing sector.  On April 29th, a group of young adults will begin going through the program and NOVATION Industries will be supporting it by providing a plant tour and providing explanations of the various job opportunities within our industry. At the end of a three-week program, we will offer a short internship to 1 – 2 candidates, with the possibility of a job offer at the end of the internship.  For more information on the program, go the Illinois WorkNet Center website and check out the MCIP program or contact Eddie Perez at eperez@bcsillinois.org.
 

 

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