CMG reports success in reshoring Metal Injection Moulding production from Asia
May 11, 2017
UK MIM specialist CMG Technologies is celebrating re-establishing a successful partnership with a major industrial product manufacturer. CMG stated that through the reshoring of the production of a series of complex MIM components, its customer has achieved significant cost savings whilst boosting the UK economy.
CMG’s customer first moved its manufacturing plant to China four years ago but reportedly it found that, after taking into account the costs of shipping, duties and quality issues, little money was being saved in the long-term.
CMG’s Managing Director, Rachel Garrett, stated, “Most UK-based manufacturers are familiar with outsourcing the production of some of their more complex components to MIM companies based overseas, thanks to the cost efficiencies that can be achieved. However, many remain unaware that this service can in fact be accessed in the UK for around the same, if not lower, costs – with the added bonus of a much higher production standard and finished result.”
Garrett added, “Working with UK suppliers also means communication can be far easier, lead times can be shortened and the reduction in shipping, as well as the MIM process itself which is a recognised green technology, means the carbon footprint from the production process can be substantially reduced. Add all of this to the fact that manufacturing is one of the main contributors to the UK’s economy by creating and safeguarding jobs and it’s easy to see why reshoring offers such huge potential and why we continue to grow.”
CMG Technologies is the UK’s largest MIM specialist, with more than twenty-five years of experience in MIM manufacturing. The company believes that its strategy of keeping the whole of the process in-house means it can tightly control all aspects of production, consistently ensuring that the highest levels of quality are maintained. CMG strongly promotes the environmental and economic benefits of MIM, stating that the process offers significantly lower scrappage volumes than traditional machining methods.