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2017 Contract Manufacturing Outlook

Tom Ryder, Genesis Plastics WeldingLike I’ve said in previous years, there is just something about the start of a new year – a fresh beginning, renewed enthusiasm and a dose of optimism in the air. Okay maybe in Indiana, that’s a subzero winter chill in the air, but it’s still one of my favorite times, and the 2017 contract manufacturing outlook is looking fantastic.
After the 2016 we’ve all endured – tumultuous at times and way too much political speak – we could use a dose of optimism and the promise of new possibilities.
I may be crystal ball gazing, but as I think about the next twelve months, I’m filled with anticipation at what the year will bring for the industries Genesis Plastics Welding serves – medical, military, agriculture and others. I think many are ripe for growth, notably the medical device industry. As the world continues to evolve and advance technologies, there will be even more opportunities for our team to bridge the manufacturing gap, provide solutions and bring value to the table for global clients. It’s a thrilling time, and we are proud to be primed to meet the demand for contract manufacturing expertise.

2017 Medical Contract Manufacturing

Let’s talk medical device manufacturing in 2017. New medical device product development is exploding. Many will be able to continue to innovative and thrive, but will need partners with manufacturing expertise to help them take concepts to market. With the medical device tax postponed and potentially repealed, companies large and small, will continue to race to take advantage and be the first to market with their concepts. However, due to downsized research and development departments from previous budget cuts, collaborative manufacturing partnerships will be key.
Additionally, the entire manufacturing community will keep a watchful eye on how our incoming President continues works to cultivate better opportunities for domestic manufacturing.

There has been much talk about what makes our nation great. In this manufacturer’s humble opinion, we’ve always been great, and we’ll continue to be for years to come, but at our core, it is our ability to innovate, to challenge ourselves and to continually evolve that fuels our nation’s intensity. From breakthrough pharmaceuticals to Internet of Things (smart devices) based technologies interwoven into all facets of our daily life, innovation is all around us. It’s exhilarating. An area of innovation that most excites me, in regards to our bright future, is the film industry. Numerous cutting edge thermoplastic materials are on the cusp of being released, and will allow OEMS worldwide even more options for product development, improvement and enhancement.
The Genesis team stands ready to leverage our three decades of RF welding and manufacturing expertise and be the collaborative partner that is essential for our global clients’ success in today’s market. We’re confident that 2017 is going to be amazing, not only for our team, but for our prospects, clients and industry partners as well.
Hello, 2017, let’s do this!