Saline, Mich. — 2021 wasn’t an straightforward year to be an automotive molder. OEMs and suppliers could hardly keep up with surging need for new autos.
In the meantime, pc chip shortages and supply chain problems built it difficult to predict business enterprise working day to working day. Labor grew to become scarce and additional highly-priced, and resin charges shot up overnight just after an unpredicted ice storm strike the U.S. Gulf Coastline.
By way of it all, Saline-dependent MMI Engineered Solutions Inc. managed to have the ideal calendar year in the firm’s history. And for its work, the injection molder, blow molder and toolmaker is Plastics News‘ 2021 Processor of the 12 months.
“2021 was the most unstable, chaotic, stressful 12 months that we have ever been by in my 30 years in the business. It was also the most successful 12 months,” proprietor, President and CEO Doug Callahan reported in a recent job interview at the company headquarters.
“We grew our organization by 50 p.c past year, in a yr when you can find far more volatility, suppliers closing down, product shortages, raw content going up. So that’s good. We bought again to our most effective yr ever. And our bottom line was superior than it really is ever been. So [its] people matters, as a enterprise operator, that defines wonderful results.
“Extra crucial than that is protection. We kept our workers safe and sound through the whole calendar year we experienced all our vegetation running,” Callahan mentioned.
MMI was a finalist for the Processor of the Calendar year trophy in 2019 and 2020. Number of corporations handle to manage that reliable stage of excellence. And the decades could not have been much more different. 2019 was a usual year, with the automobile field at a secure but significant amount. OEMs ended up preoccupied with new systems, for autonomous driving and electric powered powertrains.
In early 2020, everything adjusted. North American automakers quickly shut down their factories when COVID-19 hit. MMI, like numerous automobile suppliers, stayed open by pivoting to producing personal protecting products and ventilator elements.
Callahan, who experienced managed an automotive molder by means of the Fantastic Recession, identified it was an prospect to make improvements and make improvements to effectiveness. He also wished to keep his workforce, particularly on the engineering talent.
“We established ourselves up for success through 2020,” he reported. “For the reason that we all realized what we experienced in 2020: The pandemic sets in, all the OEMs shut down, and it set the tone.”