Mansfield Engineered Components Company Profile

Background

Overview

Mansfield Engineered Components (MEC) is a family-owned company specializing in the design and manufacturing of motion control components, particularly hinges, for the appliance industry. Established in 1939 as Mansfield Plating Company, the company has evolved over the decades, adopting various names such as Mansfield Manufacturing, Mansfield Industries, and Mansfield Assemblies, before settling on its current name. Headquartered in Mansfield, Ohio, MEC operates a 180,000-square-foot facility that produces over 250,000 specialty hinges weekly.

Mission and Vision

MEC is committed to delivering innovative design solutions and high-quality manufacturing services to meet the complex motion control needs of its clients. The company's mission is to provide superior value products through creative designs and processes, ensuring customer satisfaction and operational excellence.

Industry Significance

As a leading provider of motion control components, MEC plays a crucial role in the appliance industry, supplying essential components that enhance the functionality and durability of household and commercial appliances. The company's long-standing presence and expertise have established it as a trusted partner for major appliance manufacturers worldwide.

Key Strategic Focus

Core Objectives

Innovation: Developing cutting-edge motion control solutions to meet evolving market demands.

Quality Assurance: Maintaining high standards in design and manufacturing to ensure product reliability.

Customer Collaboration: Engaging closely with clients to deliver tailored solutions that align with their specific requirements.

Areas of Specialization

Hinge Design and Manufacturing: Producing a wide range of hinges, from simple pivots to complex spring-loaded counterbalancing hinges.

Motion Control Components: Designing components that control the speed and movement of appliance parts, enhancing user experience and safety.

Key Technologies Utilized

Advanced Manufacturing Techniques: Employing state-of-the-art stamping, plating, and assembly processes to produce high-quality components.

Design Engineering: Utilizing sophisticated design tools and methodologies to create innovative and efficient products.

Primary Markets Targeted

Appliance Manufacturers: Supplying components to companies producing household and commercial appliances.

Automotive Industry: Providing motion control solutions for automotive applications.

Medical Equipment Manufacturers: Designing components for medical casegoods and equipment.

Financials and Funding

Funding History

MEC has remained privately held and family-owned since its inception, with no publicly disclosed funding rounds or external investors. The company has maintained financial stability through organic growth and reinvestment of profits into operations and expansion.

Recent Developments

In July 2023, MEC entered into a strategic partnership with The Sabaf Group, a global leader in the design and production of components for major appliance markets. Through this agreement, Sabaf acquired a 51% ownership stake in MEC, enhancing the company's capabilities and market reach.

Pipeline Development

Key Products

Slow-Open Oven Door Mechanism: A design that allows the oven door to open slowly and softly, enhancing user safety and appliance longevity.

Spring-Loaded Counterbalancing Hinges: Components that control the speed and motion of appliance doors, providing a smooth user experience.

Development Stages

MEC's products are developed through a comprehensive process that includes design, prototyping, testing, and manufacturing. The company collaborates closely with clients to ensure that products meet specific requirements and industry standards.

Target Conditions

The company's products are designed to address various challenges in appliance design, such as ensuring smooth door operation, enhancing safety, and improving user experience.

Timelines

MEC emphasizes timely delivery, aiming to ship all orders on time by utilizing strategic inventory levels and efficient manufacturing processes.

Technological Platform and Innovation

Proprietary Technologies

Custom Hinge Designs: Tailored hinge solutions that meet specific client needs, including counterbalancing and four-bar hinges.

Integrated Manufacturing Processes: Combining stamping, plating, and assembly facilities to provide single-source responsibility for fabricated metal products.

Significant Scientific Methods

Design Engineering: Utilizing advanced design tools and methodologies to create innovative and efficient products.

Quality Control: Implementing rigorous testing and quality assurance processes to ensure product reliability and performance.

Leadership Team

Key Executives

Bruce Cummins: CEO

Steve Cummins: Executive Vice President

Professional Backgrounds

Bruce Cummins: As CEO, Bruce has been instrumental in steering the company through strategic growth and technological advancements.

Steve Cummins: Serving as Executive Vice President, Steve has played a key role in operations and client relations, contributing to the company's success.

Contributions to the Company

Both Bruce and Steve have been pivotal in maintaining the company's family-owned values while driving innovation and expansion in the motion control components industry.

Competitor Profile

Market Insights and Dynamics

The motion control components market is characterized by steady demand from the appliance, automotive, and medical equipment industries. Companies in this sector compete on innovation, quality, and the ability to meet specific client requirements.

Competitor Analysis

Mansfield Engineered Components: A leading provider of motion control components, known for its innovative designs and high-quality manufacturing.

Lacerta Group: Specializes in thermoformed packaging solutions, operating in a related manufacturing sector.

Strategic Collaborations and Partnerships

The partnership with The Sabaf Group in July 2023 has enhanced MEC's capabilities and market reach, positioning the company for continued growth and innovation.

Operational Insights

Strategic Considerations

MEC's strategic focus on innovation, quality, and customer collaboration differentiates it from competitors. The company's ability to provide tailored solutions and maintain high standards in manufacturing processes contributes to its strong market position.

Strategic Opportunities and Future Directions

Roadmap and Expansion

MEC plans to leverage its partnership with The Sabaf Group to expand its product offerings and enter new markets. The company aims to continue developing innovative motion control solutions that meet the evolving needs of its clients.

Future Objectives