|Date:||February 24, 2013|
|Length:||7 / 2014|
|No of views:||0|
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They achieved dominance in their industry by developing and sustaining a high level of precision and quality in their injection molding processes and working closely with their customers and suppliers to ensure success.
However, in recent years, competitors had developed processes of sufficient quality to successfully challenge Nypro dominance, and customers were focusing more on shortening the development cycle, rather than improving precision...
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Lankton determined that Nypro should explore other markets to maintain Nypro’s impressive growth rate. In 1990, Nypro began development of a new injection molding machine designed to target the low volume, high mix, quick turn-around market, a sector that Nypro previously could not supply. The new machine, called NovaPlast, took four years to develop, the first being placed in operation in late 1994 at their Clinton headquarters...
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