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Industry Trends
Is New Berlin Plastics a safe place to put your injection molding work? Of course! But don’t take our word for it. Let the numbers speak for themselves: Our Z-score of 5, recently calculated as part of a risk assessment for a major OEM customer, indicates that NBP is exceptionally financially stable. This popular formula…
The global pandemic. Manufacturing shutdowns. The Texas superstorm. A sudden demand spike. Labor shortages. Shipping and transportation bottlenecks. The emergence of new COVID variants. The war in Ukraine. Lately, manufacturers have faced one disruption after another. When will things return to normal? Perhaps never, offers New Berlin Plastics Vice President of Sales Joseph Mechery. “It’s…
Disruptions from the pandemic, weather events, labor shortages, and warring nations have created a perfect storm of supply chain volatility for OEMs. But despite these challenges, New Berlin Plastics has continued to live its company value: “Find a way.” In recent months, prices have steadily risen and inventory has been low or non-existent for many…
Black swans – unanticipated events that can rock an industry – test the strength and resiliency of every company. During the last several years, a series of them have threatened the health and stability of many plastic injection molders: The global pandemic. Severe material shortages. The ongoing labor crisis. A sharp upturn in demand. Turbulent…
Reimagined company values drive expectations and success for employees and customers New Berlin Plastics has reimagined our company values, which summarize our guiding principles. They help us increase our focus on the success of our employees and customers. These are our new values: Be accountable: Take ownership of yourself and your responsibilities. Meet your commitments.…
Apples to apples, or apples to oranges? It’s a common, frustrating scenario: You send out an RFQ to find the best fit for your project, but the quotes you receive present the information in different formats and provide varying levels of information. That makes it hard to conduct a true apples-to-apples comparison of suppliers before…
There’s a common misconception that cybercriminals only target large companies. Bad actors have realized that they can steal valuable intelligence from an OEM by hacking the weakest links: smaller, less protected companies. As OEMs beef up their internal cybersecurity, they need to be sure their suppliers and other partners are also protected against cyberattacks. Now’s…
The best suppliers are the ones you can consider partners—those you can count on today, and long into the future. When choosing a supplier, stability and vision are important values that can make the difference between success and failure. New Berlin Plastics controls its destiny through a clear vision of investing in people, process, and…
As the demand for medical devices continues to grow, OEMs are under pressure to design more robust, reliable, and versatile devices at a reasonable cost. Injection-molded plastic has become increasingly popular for housings, brackets, and small parts on monitors and other out-of-body devices. But several trends are placing increasing demands on plastics in hospitals and…
Despite the pandemic, New Berlin Plastics expanded in 2020 and is poised for additional growth in 2021. When the COVID-19 pandemic first hit the United States, many companies held back on making investments because of fear and uncertainty. However, that wasn’t the case at New Berlin Plastics. We reinvested in our business, grew in 2020,…
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