MW Industries, the Charlotte-based precision component manufacturer, announced that it’s bringing together 21 of its businesses under a single umbrella: MW Components.
The new division is on a mission to help manufacturers accelerate and simplify the entire process of creating, buying, and managing the often complex task of getting the precision parts they need, including fasteners.
This means that, whether a customer wants to create a custom component for a specific application or order a stock part from one of the country’s largest inventories, they can do so from a single trusted supplier.
The combined business will have more than 100 highly skilled engineers on hand to provide feedback on design for manufacturability, cost, and performance. And specialist production capabilities span a wide variety of precision components — including high-performance springs, fasteners, bellows, wire forms, and virtually any custom-designed parts manufacturers require.
MW Components will be led by Chris Fillmore, an industry veteran with more than 15 years’ experience in delivering high-precision components for demanding industries including aerospace, medical, as well as oil and gas.
MW Components brings together experts from industry leaders including Century Spring, Accurate Screw Machine, and Servometer into a single expanded team dedicated to doing whatever it takes to help customers succeed. It will enable the business to take a more holistic view of customer needs, opening up valuable access to greater knowledge, expertise, and innovations from right across the division’s 20-plus facilities.
“Our individual businesses have always had a well-deserved reputation of delivering a great product at high speed,” said MW Industries CEO, Simon Newman. “Now, with the creation of MW Components, we’re looking forward to unlocking a step-change in how manufacturers get the precision parts they need to thrive. We believe MW Components offers demanding businesses a powerful new partner to help them succeed in today’s challenging markets.”
Same team of experts, expanded value
Importantly, MW Components’ customers will still deal with the teams they already know and trust. However, those teams will now be able to streamline the entire process of designing, ordering, and managing the multitude of components engineers need to meet their design objectives.
This offers a tangible speed advantage regardless of whether a customer is developing a new product to dominate their market or racing against the clock to repair a mission-critical piece of equipment.
Supply chain resilience
With today’s uncertain economic headwinds, many manufacturers are re-examining their supply chains. They’re looking to mitigate the risk of supplier failure and disrupted global supply routes. Many are focusing on consolidating their vendors and building greater resilience to avoid costly delays and downtime.
As a well-funded U.S.-based business, MW Components can offer the size, scale, and reach to ensure an uninterrupted supply of high-precision components.