MfgQuote.Com Helps Custom Machine Shop Business Stay in Business
Posted on: Wednesday, 21 December 2005, 12:00 CST
ATLANTA, Dec. 21 /PRNewswire/ -- MfgQuote.com, the world's largest marketplace for sourcing and selling manufacturing services, has helped to keep afloat a Tennessee machine shop devastated by its founder's illness.
In just two months of using MfgQuote.com, East Tennessee Industrial Machine (ETIM) has generated significant new revenue, 100 inquiries for custom work, repeat business from recently discovered suppliers, and thousands of dollars in fuel savings.
"MfgQuote.com has dramatically increased our reach in both the number and types of customers we work with," said Roger Hollingshead, founder of ETIM. "We're now more efficient and profitable, and have additional security against changing market conditions. With the team we have now and strategic tools like MfgQuote.com, I don't see anything holding us back."
Founded in 1992 in the small town of Chuckey, TN., ETIM thrived for 12 years, growing to three sites and 38 employees. Last year, a series of strokes took Hollingshead away from the business, which consequently foundered. Hollingshead relaunched ETIM in May 2005 with a purposefully leaner approach - one site, 12 employees, and a focus on exceptional customer service. He began using MfgQuote.com a few months later on another user's suggestion.
ETIM now has access to a universe of more than 43,000 buyers across the industrial spectrum (aerospace, transportation, consumer products, electronics and more) who use MfgQuote.com to source, collaborate, and receive quotes online for custom-manufactured parts. Suppliers like ETIM offer more than 200 manufacturing processes - such as CNC machining, metal stamping, forging, plastic molding, metal fabrication and metal casting - through the marketplace.
Hollingshead spends an average of four hours per day interacting with MfgQuote.com buyers, enabling him to touch many more customers and prospects than if he spent that time on the road. Fuel savings alone have more than offset the cost of using the MfgQuote.com service, he says.
In addition to securing new business and filling the orders, Hollingshead is refining customers' designs to make them less costly and easier to manufacture. For example, he recently received an order for a component calling for all parts to be made of 700 series stainless steel. He saved the buyer significant material and manufacturing costs by suggesting using less expensive materials for all parts except the one that required heat-treated metal.
"This tight collaboration between buyers and suppliers is 'Designing for Profitability,' an emerging best practice that ETIM epitomizes and the MfgQuote.com marketplace fosters more than any other business environment," said Mitch Free, president and CEO of MfgQuote.com. "In this and many other ways, ETIM has successfully seized on the power of the MfgQuote.com marketplace to cost-effectively find new customers, satisfy their needs, cultivate new business, and hedge against a volatile marketplace. We look forward to supporting ETIM's continued success and the success of many other businesses with similar challenges."
About ETIM
East Tennessee Industrial Machine has more than 34 years of experience in the industrial maintenance, engineering and fabrication field. Located in Chuckey, TN., ETIM has a 12,400-square-foot facility housing state of the art CNC machinery, surface grinders, a 75-ton stamping press, plasma torches and Heliarch welders. With reverse engineering capabilities and prototyping, ETIM can exceed customer expectations and provide top-quality workmanship using steel, aluminum, plastic, PVC and wood. Specializing in industrial equipment and repair, ETIM is second to none in providing its customers with on-time delivery and value-added service each and every time, following up with the customer after the product is delivered, ensuring total satisfaction. For more information, visit http://www.mfgquote.com/profiles/East-Tenn-Ind-Mach-93599.html.
About MfgQuote.com
MfgQuote.com is the world's largest marketplace for sourcing and selling manufacturing services. Headquartered in the United States, MfgQuote.com instantly and intelligently matches buyers with suppliers of manufactured parts across the globe, greatly expanding business opportunities for both. MfgQuote.com is transforming the once-fragmented world of manufacturing into a single, on-demand service, enabling products to be sourced and built more easily, quickly, inexpensively, and at higher quality levels.
MfgQuote.com
CONTACT: Jeff Aubin of Beaupre & Co. Public Relations, +1-603-559-5838,or jaubin@beaupre.com; or Dave Faupel of MfgQuote.com, +1-678-556-2956, ordfaupel@mfgquote.com
Web site: http://www.mfgquote.com/http://www.mfgquote.com/profiles/East-Tenn-Ind-Mach-93599.html
Source: PRNewswire
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