The Potential of Composites in the Fastening Systems World
With multiple sites all over Italy, every facility is structured with its own sales office. The Venice office was delegated to handle the production industry including the main warehouse, as the newly Turin office managed business operations which also included the export compliance department. These two locations were eventually equipped with their own independent testing laboratories.
The Venice plant is prepared with two main production lines for cold forming parts as well as turning machines, special made parts CNC machines as well as other machines used for heat treatment and secondary operations. This strategic plant enables SpecialInsert to manufacture a broader range of fastening systems for end applications involved with several materials such as plastic, composites, wood and sheet metal.
SpecialInsert CEO has stated that it was key to keep company operations running only in Italy and would never open a new site outside the country. Unfortunately, this had to change to keep the market price competitive, since labor costs were on the rise compared to the far eastern market that produce various standard products. However SpecialInsert was to focus on their edge which was more specified applications and more modern technology. It was then agreed upon that it was mandatory to keep the Research & Development team in Italy so that ultimately work with customers on products that require an extensive amount of expertise and high-tech resources.
The company was working on a 10 year plan strategy to expand its operations and exports to reach new niche market. Their development rate is on the rise and has already patented 10 specified products. A newly rivet nut TC 141 introduced functions chemically as well as mechanically in an adjacent orientation, or sandwich panel and used in composite applications. The TC 141 works in a chemical way using an adhesive in the hole before it is inserted mechanically and deforms into the skin like any conventional rivet.
Not only this, SpecialInsert has also launched a new product for composite applications. The KEEPNUT works on any surface and used with a mechanical anchor. This patented product has one of the best growth rates compared to others in the company’s portfolio, and also prevents any undercutting which makes it more convenient for end users to drill holes and use standard tools.
Posted on February 21, 2017