Innovation is a key element to the culture of Federal Tool and Engineering. We will take suggestions and ideas from all of our employees…we encourage it!
It is the most satisfying experience when one of our employees develops an innovative way to overcome a challenge or accomplish a goal. We are constantly trying to find the best ways to produce our customer’s products faster with better quality.
Innovation Case Study: In an environment of increasing raw material prices it is difficult to generate meaningful cost savings. In support of a leading manufacturer of decorative plumbing fixtures, Federal Tool & Engineering analyzed multiple operation production tooling and reduced operations from five independent steps down to three. The result generated nearly a 10% cost savings and a payback on tool modifications of 7 months.
Sometimes we cannot help ourselves when we get a new idea, whether it is a product to help make our own processes easier or a completely new product, we make it and see what happens.