Horizon Sees Full Court Press on Chinese Manufacturing
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| Mar 15, 2011 — FOR IMMEDIATE RELEASE HORIZON SEES FULL COURT PRESS ON CHINESE MANUFACTURING EAST DUNDEE, IL – Has the pendulum started swinging in the right direction? “We sure believe so,” says Pete Badovinac, Vice President of Horizon Die Company. Pete added, “Common sense just may be making a comeback. Many companies are realizing the true cost of doing business half way around the world. Today, we are consistently beating overseas pricing on high volume programs.” Running multiple-up dies at speeds greater than 1,000 strokes per minute allows Horizon to be competitive with any stamping operation anywhere in the world. Badovinac stated, “High volume programs allow for us to engineer cost effective automated stamping, insert molding and assembly solutions while improving overall quality and on-time deliveries. Rising labor, environmental, travel, fuel and transportation costs coupled with world unrest have caused many OEMs to rethink their sourcing strategies.” For over a decade now, the Far East had become the Holy Grail. OEMs are talking with Horizon about transferring existing programs. “They’re adding up their overall cost and they don’t like what they see. Existing and potential clients are meeting with us in hopes of developing a solution that will allow them to remain competitive in the marketplace. Purchasing, engineering and marketing personnel are providing price targets and volumes and asking how we can help them. Having that kind of information is critical to the success in transferring a program while meeting capital expenditure and part pricing goals,” said Badovinac. # # # About Horizon Die Company: (www.horizondie.com) Founded in 1987, Horizon Die Company, Inc. is a leading manufacturer of progressive dies, tooling and precision metal stampings supplying medium to high volume solutions to the automotive, electronics, telecom, industrial, medical and consumer products industries. Original design, sophisticated engineering philosophies and advanced technology allow Horizon to stamp, manage and assemble stamp even the most complex parts. Horizon is ISO 9001:2008 certified and is dedicated to constant development and customer satisfaction. For more information please contact Peter Badovinac at 847-426-8558, X 231 or you may email Peter at pbadovinac@horizondie.com. Press Contact: Karen I. Maurstad Horizon Die Company, Inc. 160 Windsor Drive (847) 426-8558 x225 kmaurstad@horizondie.com www.horizondie.com | ||
| For more information: http://www.horizondie.com | ||
| Tags: high volume stamping, multiple-up dies, manufacturing, OEM, insert molding, sourcing |
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| Company Details: | |
| Contact: | Peter Badovinac | ||
| E-mail: | |||
| Company: | Horizon Die Company, Inc. View Company Profile | ||
| Address: | work160 Windsor Drive | ||
| Location: | workEast Dundee, IL 60118 United States | ||
| Phone: | workpref847-426-8558 | ||
| Fax: | fax847-426-0912 | ||
| Web Site: | http://www.horizondie.com | ||
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