AKRON—Even in a global economy, rubber manufacturing is ever present in the American market. In years past, the trend was outsourcing, but today, insourcing is more common for manufacturers.
Rubber product makers across different facets of the industry face the same issues and agree the American market is still an important place to do business.
Although manufacturers can succeed globally, executives say the best piece of advice is to think locally.
“North America represents one of the largest industrial economies in the world and as such it is vital with a strong presence in this market,” said Poul Jeppesen, president and CEO of SKF USA Inc.
The Lansdale, Pa.-based firm's philosophy is to manufacture close to its customers because it's a great benefit for those businesses. That allows the company to invest in extending the life of its equipment as well as increase energy efficiency and reduce the environmental impact.
Dan Serbin, executive vice president of human resources at Parker Hannifin Corp., shared a similar sentiment.
“Parker provides valuable components and systems for our customers, and it is important that we follow our customers wherever they need us to support their business,” he said.
“We typically don't export significantly, preferring to source locally and locate manufacturing close to the customer to ensure just-in-time supply.”
Each Parker facility “follows disciplined lean manufacturing principles that maximize quality, reliability and financial performance,” he said.