ipl-logo

Executive Summary For Worthington Industries

384 Words2 Pages

Executive Summary Worthington Industries, Inc. is the “North American’s premier, value-added steel processor, providing customers with wide ranging capabilities, products and services for a variety of markets including automotive, construction and agriculture.” (Worthington, 2016).
Worthington Industries, Inc. was founded by John McConnell in 1955. The story begins at the end of World War II and at the beginning of an era of prosperity for America. John McConnell saw the need for steel manufacturing in this country and established his company on the principle of the “Golden Rule”. The idea of bringing a superior product to the market while delivering exceptional customer service is what Worthington has shown over the last 61 years (Worthington, 2016). Over those last 61 years, Worthington …show more content…

With projected revenue in 2020 being over $20 billion (Columbus, 2015), it has become one of the most controversial new technologies of the twenty-first century. With the excitement and anticipation of revolutionizing the manufacturing industry and great streams of income, came the social, environmental and legal implications as well.
3D printing can be used to manufacture multiple different goods; however, one product sticks out amongst all the rest, prosthetics. Currently prosthetics is a $23.5 billion dollar a year industry according to Tom Sanford (2014). The focus for Worthington would be to partner with a prosthetics manufacturing 3D printing company.
The benefits of a partnership with Worthington is their intense desire for social responsibility, long standing reputation for quality and strong financial backing which could help to create an environment for 3D printing to continue its evolution (Gilpin, 2016). It is with this in mind that we propose Worthington Industries partner with Standard Cyborg in a joint venture to bring prosthetic manufacturing into the 3D printing market (Quartz,

Show More
Related
1116 Words | 5 Pages

Before Mellon’s impact fully hit the steel industry, steel was a relatively tricky resource to acquire. Steel production saw limited output because it could only be produced in small batches, which resulted in it only being allocated to necessary materials such as tools and weaponry. However, through vertical integration, Mellon was able to change this

Read More
820 Words | 4 Pages

John Harisiadis who attends my church who happens to have a degree in computer science software engineering, who is a MS BI developer. Mr. Harisiadis is an educated man who has been involved with the computer world since he received his degree over 35 years ago from UIC. Mr. Harisiadis has help multiple jobs dealing with nothing but technology, all his knowledge is valued by me and believe he will be able to have an accurate opinion on 3D printers. When talking to Mr. Harisiadis about the rapid growth of the 3D printer industry he did agree with my claim, however, his time frame is slightly different then my opinionated one. “I do believe 3D printing technology will help take us to the future.

Read More
657 Words | 3 Pages

In the early 1990s 3D printing was an expensive process that only the biggest colleges and companies had. Better filaments were being created, and being used. It didn’t take scientists long to realize that maybe, if they had the right materials, they could pring body parts, such as organs. In 1999, at Wake Forest institute, this dream became a reality.

Read More
719 Words | 3 Pages

In Richard Daveni’s article,” 3-D Printing Will Change the World “he represents 3D printing and the implication of manufactured and customized. And he shows how 3D printing process will change the world in this fields and it will be the big side of changing. I enhance his ideas and thoughts by adding that 3D printing will change our life dramatically in the economy side by increase the growth of industrial countries in a perfect way by reliance on internal manufacturing. Daveni’s article shows one side effects that would happen in the future about the manufacturing of the country.

Read More
575 Words | 3 Pages

3D Printing Blood Vessels The Science Connection Of My Article The article connects to the areas technology and life. This is because, the article is about how 3D printers and life science (anthropology and biology) are being used to help living, breathing creatures survive. The scientists involved in the article, technologists and a biomedical engineer (study of technology and humans).

Read More
171 Words | 1 Pages

3d printing just like regular printing but instead of coming out of the printer 2d it comes out 3d and instead putting paper in the printer you put in certain material. 3d printing has had an huge impact on the world already. In science, scientists can do more controlled experiments, in engineering, engineers can build more machine with a certain type of equipment and it could be made and shipped quicker. lastly it impacts technology by making objects straight off the internet making technology evolutionized. i would print objects that are used for liked for writing and stuff like that.

Read More
752 Words | 4 Pages

Even though 3D printing has been around for decades, it is still advancing and becoming the future. The concept of printing goes back to the 19th

Read More
771 Words | 4 Pages

The prosthetics of today have become incredibly realistic because of their capability to mimic the movement and function of natural

Read More
682 Words | 3 Pages

Currently, ninety nine percent of the hearing aid are made using 3D printing. Research firm Gartner predicts that about 10% of the people in the world will live on 3D printed bodies by 2019. Currently, there are some issues with the 3D printing. The body parts that are made by this technology sometimes melt in countries like Nigeria because of the hot temperature. However, the innovators are going to continue to work to make 3D printing in the medical industry

Read More
1861 Words | 8 Pages

Thesis Statement Science has been developing bionic technology which reconstruct and improve human body parts that are damaged, through redesigning the destroyed or lost biological material and transforming it to a more efficient and stronger synthetic material which help humans become Outline a. Bionic enhancements and how its augmentation help people with disabilities b. The mechanisms of bionics and how it functions like a real biological material II. Sensors and Sensibilities: Integration of Bionics a. Improvements of bionic technology over the past years b. Bionic inventions lies in artificial intelligence (AI)

Read More
790 Words | 4 Pages

B. “Prosumer” 3D Printers In The Medical and Dental Industry Prosumer technology is marketed for the individuals that can afford a high spec personal printer. The prosumer market is differentiating itself from the regular home personal or office printer classes using high performance parts as well as an extensive range of materials giving the machine more application range. There are two general feelings on prosumer tech entering the medical or dental industries. Some speculate that prosumer printers will be insufficient in throughput on a production scale (mass-customisation or batch production) and others feel that there is opportunity for any hospital to own and utilize a 3D printer for models, guides or for surgical purposes.

Read More
801 Words | 4 Pages

You have heard about the amazing affect prosthetics have had on all different kinds of people! Advancements in prosthetics are being made currently and will continue for years to come. A world without prosthetics is unimaginable for so many people. They give hope to amputees, disease survivors, people who have been paralyzed, and so many others. Can you even believe how important prosthetics are for this many people?

Read More
858 Words | 4 Pages

Case Study Palousek et al. (2014) describes the case study of wrist orthosis design process. The whole manufacturing methodology of the case study covers five main steps (Figure 13): • Data acquisition of the upper limb – one side geometry, • Polygonal data processing, • Parametric surface generating, • CAD design process, • RP of the orthosis, • Surface finishing, coloring and • Testing. Figure 13 Design process of the upper limb orthosis Data acquisition Scanning was performed with a di3D FCS-100 photograph scanner from Dimensional Imaging. This FCS-100 checking framework is particularly intended to catch 3D surface pictures of human appearances or the entire body.

Read More
602 Words | 3 Pages

Observing the vast expanse of skin on the screen as I participated in a virtual reality operation, I saw the system’s capability to revolutionize the medical field and this made me think of how it could be marketed and used in countries that lack proper health care. My interest in developing and commercializing medical innovations further expanded when I

Read More
1276 Words | 6 Pages

Analysis of Impact of 3d Printing Kris DeVry University LAS 432 In this analysis of impact of 3d printing will show how 3D printing is changing our world. Through this impact analysis of 3D printing, I will determine the social, cultural, political, economical, and environmental impacts the technology is having, and how this is a good thing. Social 3D printing has been accepted by the public as it allows the average person to small businesses to design or download any design, then use a printer to print the design from their home or small office instead of relying on a large manufacturer.

Read More

More about Executive Summary For Worthington Industries

Related Topics

Open Document