Ferriot, Inc. has been around for more than 80 years and boasts a proud tradition of being a family-owned business. The company was recently recognized with a special award during the 2016 Smart Business Family Business Conference. The annual conference is a result of the partnership between Smart Business and Cuyahoga Community College (Tri-C), and features an interactive workshop format to discuss how family businesses can plan for a smooth transition.
Ferriot, Inc. has come a long way since three brothers started their machining business back in 1929. Five generations later, the company continues to grow. Currently, the company employees three generations of the family that started it all.
Craig and his team of 120 employees are leading the way with injection molding production for a wide variety of businesses, including those who manufacture consumer products, automotive, medical devices, and more.
The company focuses on being able to deliver big--through smart investments in technology, processes, and people--while still remaining small. This allows them to be both agile and lean, able to help their growing customer base in varying and fluctuating markets.
Ferriot offers the full array of necessary services for their OEM customers. This helps to ensure end-to-end compatibility and heightened sourcing quality. Ferriot’s wide range of experience has made them the go-to contract manufacturer for many businesses.
Smarter, more efficient manufacturing and assembly processes are the key to Ferriot’s continued success. This requires the team to stay up-to-date with the latest technologies and manufacturing techniques.
The award highlights the role that innovative, family-owned businesses play in their local economic and educational landscape. Tri-C is a nationally recognized, leading educational institution with a strong commitment to preparing today’s students for tomorrow’s workforce. They also work to build the surrounding communities both economically and culturally. More than 85 percent of Tri-C’s students continue to live and work in the area after graduation. "We know and understand that family businesses are an important part of the fabric of our community, and we remain committed to helping family businesses succeed and thrive," says Alex Johnson, Ph.D., president of Cuyahoga Community College.
In Part 1, we discussed mold flow analysis (MFA) and the ways Ferriot uses it to improve the tool design process and, ultimately, the quality of the final custom injection molding we perform for our customers. In this ...