• TOPICS
    • Design
    • Manufacturing
    • Inspection
    • Heat Treating
    • Lubrication
    • Materials
    • The Gear Industry
    • Gears by Type
  • MAGAZINE
    • Current Issue
    • Departments
    • Archives
    • Subscribe
    • Advertise
  • NEWSLETTER
    • Subscribe
  • VIDEO
    • Gear Technology TV
      • Ask the Expert Live
      • Revolutions
    • Industry Videos
  • BLOGS
  • BUYER'S GUIDE
  • NEWS and EVENTS
    • Product News
    • Industry News
    • Events
  • ADVERTISING
    • Brand Awareness
      • Print: Display Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Newsletter Sponsored Content (Native Advertising)
    • Response & Lead Generation
      • Online: Sponsored Content (Native Advertising)
      • E-mail: Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: Custom, White Papers & Webinars
      • Online: Buyers Guide
    • Print Advertising
      • Print: Display Advertising
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • Print: Specifications
      • MPT Expo Show Guide Advertising
    • Online Advertising
      • Online: Web Banners & Keyword Banners
      • Online: Native Advertising (Sponsored Content)
      • Online: Buyers Guide
      • Online: Specifications
    • E-mail Advertising
      • E-mail: E-Newsletters
      • E-mail: Newsletter Sponsored Content (Native Advertising)
      • E-mail: AGMA Industry News
      • E-mail: Custom, White Papers & Webinars
      • E-mail: Specifications
    • Special Promotions
      • Print: MPT Expo Showstoppers
      • Print: Buyers Guide
      • Print: Manufacturing sMart
      • MPT Expo Show Guide Advertising
  • CONTACT US
  • AGMA
    • Membership
    • Events
    • Education
    • Emerging Technology
    • AGMA Media
    • Standards
Subscribe
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Tool Maker Expands to Meet Automotive Demand

Tool Maker Expands to Meet Automotive Demand

April 13, 2006
Engineered Tools Corp., a manufacturer of carbide cutting tools used in production of spiral bevel ring gears and pinions, announced the opening of their new Gear Cutting Systems Division facility. The expansion was driven by the Caro, MI-based company’s recent positioning as a supplier to the automotive industry, which was seen primarily as an opportunity to grow new business. According to John Ketterer, director of operations for Engineered Tools, the move, completed in October, was also made with an eye on the potential for meaningful growth within that market. "We had been looking for an avenue to expand our business," he says, "And because this market has a significant percentage within the automotive industry, and given the state of that business, we took the risk of expanding within it." The new 4,000-square-foot facility, located in Troy, MI, positions the toolmaker in close proximity to the Detroit axle manufacturing market. And, says Ketterer, given the company’s growth beginning in 2004 and continuing through this year, Ketterer believes the timing of the expansion, despite the acknowledged risk, will dovetail with an eventual upturn for suppliers to the automotive market. "After all, even though that market is very weak, currently it was new business growth to us," he says. "And entering it on the downside was gaining current market share with the potential for growth within the market." But risk or not, Ketterer says that the expansion was needed in any case. "We needed the room for expansion anyway, as our Caro manufacturing facility is full," he says. "So, we basically killed two birds with one stone. The facility was built to suit for our needs, and will accommodate our current workload with enough room to accommodate significant growth in this business into the future."
The Gear Industry Sectors Automotive Industry News
  • Related Articles

    Campfire Expands Executive Leadership Team to Meet Growing Demand

    Machine Tool Builders Expands its Offerings to the Gear Industry

    Global Automotive Gear Market Continues to Grow

  • Related Events

    Ingersoll Cutting Tools Automotive Seminar

    Innovative Automotive Transmissions Symposium and Exhibition

    Symposium on International Automotive Technology (SIAT)

Free Gear Technology Subscriptions
Subscribe
Free Gear Technology Subscriptions
Subscribe
FEATURED VIDEO
  • A Look at Helios Gear
January 18, 2023
RECOMMENDED
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • State of the Powder Metal Industry

    October 12, 2022
    gt0922_Page_30_Image_0001.jpg
  • The Afterglow of Furnaces North America 2022

    October 12, 2022
    gt0922_Page_20_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Reigniting the Educational Infrastructure

    December 5, 2022
    gt1122_Page_20_Image_0001.jpg
  • Profile: Continuing Education and Training with the AGMA

    December 5, 2022
    gt1122_Page_26_Image_0001.jpg
  • Precision Equals Performance at ZPE GripTec

    October 12, 2022
    gt0922_Page_28_Image_0003.jpg
  • Subscribe
  • Advertise
  • Contribute
  • AGMA
Powered byAGMA
Copyright © 2023 Gear Technology
  • Privacy Policy
  • Contact