Read a company business plan, and the part that talks about taking the product to market often also mentions figuring out how to bring down the production cost per item.
Proto Labs in Maple Plain says it has figured out how to do this in the "overmolding" arena.
Overmolding is the process of encasing or coating a hard metal or plastic template with rubber or silicone so the end product has a soft, comfortable but mighty grip. Think of screwdriver handles, toothbrushes and cellphone cases.
After 18 months and nearly $1 million in investments, Proto Labs launched its automated "rapid overmolding" manufacturing service this month at the International Manufacturing Technology Show in Chicago — to welcome reviews.
"Our customers are thrilled that we have this capability. They have been asking for it for a long, long time. And now they are saying, 'This is awesome.' Our booth was packed," said Vicki Holt, CEO of the milling and injection molding company.
By automating the design, ordering and the overmolding injection-molding manufacturing process, Proto Labs hopes to slash production time and reduce starting costs from $50,000 to $5,000. The changes are a big win for manufacturers who need to make fewer than 2,000 parts without spending a fortune.
The ability to consistently offer low-priced small-production runs of overmolded parts is new to the industry, said Becky Cater, Proto Labs' global product manager for injection molding.
Automating the entire process "is a game-changer to the industry," she said. "Using more software to automate these processes allows us to offer the parts cheaper and much quicker."