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5ME combines MAG IAS non-machine assets

5ME, Detroit, a newly developed business comprised of the non-machinery units of the former MAG IAS, has been launched to help manufacturers “harvest hidden profits” from production operations. Led by President Bill Horwarth, and other managers, engineers, and employees from the former company's tooling, services and software businesses, 5ME is focused on increasing customers’ manufacturing efficiency as a means of building profitable, competitive and sustainable businesses, according to the company, which has management operations in Cincinnati and Detroit. Detroit is also the home of 5ME’s new 40,000-sq.-ft. technology center, showcasing cryogenic machining, tooling/fixturing, process development, asset monitoring and enterprise software, as well as embedded assistance.

"While manufacturers are under increasing pressure from agile competitors, capacity constraints, material cost increases, and skilled labor shortages, there are still significant opportunities to improve existing operations and return lost profit to the bottom line," said Pete Tecos, 5ME's Executive Vice President for Marketing and Product Strategy. "Cost reductions of any magnitude from direct labor, material, or inefficient processes, can yield a substantial boost to the bottom line."

5ME addresses five components – man, material, machines, methods and metrics – to improve a manufacturing enterprise's efficiency (the "E"). "This is a comprehensive, analytical approach to manufacturing that results in higher productivity, improved quality and lower working capital,” said Tecos. “We are brand and process agnostic, and therefore able to work with all types of machinery and manufacturing systems. This gives us the independence to render our best solution and work freely with different system suppliers upstream, as well as end users downstream."

Among 5ME's technologies are cryogenic machining, Freedom wear Asset Monitoring Software, CYCLO CUT brand tooling, CYCLO COOL brand cutting fluids, and Lean/Six Sigma implementation.

Posted 7/30/2013 

5ME Cryo 
 5ME's cryogenic machining system

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