Advanced Manufacturing in McHenry County
Advanced manufacturing is the process of using innovative technologies and methods to improve competitiveness in manufacturing sectors.
The primary goal of advanced manufacturing is to catalyze output by increasing flexibility, adaptivity, added value and quality, while at the same time decreasing underutilized capital, material content, inventory, unit quantities, and the time it takes to get the end product to market.
Traditionally, manufacturing has been based on the use of specific factory production lines with a serious lack of flexibility. On the contrary, Advanced manufacturing consists of very versatile methods pf production that fully utilize capital, and are more effective, responsive and efficient. There are instances where some traditional production methods are still suitable, like long-term production runs. advanced manufacturing has the ability to accommodate a litany of production requirements and mass customization commonly encountered by today’s industry, without requiring excess capital investment.
Advanced manufacturing effects every aspect of a given value chain, from its beginning as a mere idea to its end-of-life considerations, relying on information communication technology (ICT) to integrate both manufacturing and business activities into a seamlessly efficient operation.
There are three main groupings of the technologies that are involved in advanced manufacturing:
Instead of sequential engineering, the emphasis here is on being simultaneous.
Relevant production technologies include:
This includes both physical resources and knowledge.
The emphasis in this area is on using technology to enhance the participation and capabilities of organizations.
"The EDC has taken a leadership role in transportation, education and workforce development issues as well. They help businesses receive loans and grants to expand and locate in McHenry County. Any success the EDC has is also a success for ComEd. If anyone has any questions regarding economic development, they are welcome to call me."