Onshoring: The Future of Automotive Metal Stamping Is American
Fueled by Reshoring, the Metal Stamping Industry Is Set to Surpass $270 Billion by 2028
Lean, sustainable, domestic metal stamping solutions are the future of automotive manufacturing. This coincides with the national trend of businesses reshoring their production services back to America, which drastically accelerated in 2020 in response to the COVID-19 pandemic.
To put the numbers into perspective – a recent study conducted by Grand View Research projects that the global metal stamping sector will exceed $270.32 billion by the year 2028. This is a drastic increase from the market’s 2021 valuation of roughly $205 billion. The North American market alone is expected to surpass $100 billion over the next five years, driven largely by the ever-growing automotive manufacturing sector.
Of course, Master Products will remain an integral provider of quality domestic metal stamping solutions, as we have since 1919 when we first opened up shop in Cleveland, Ohio.
Metal Stamping Services Engineered Around Quality and Sustainability
More than ever, automakers demand uncompromised quality and consistency from their metal stamped parts. Furthermore, the modern car market requires reliable, on-time production and delivery – a service that has been exceedingly difficult to receive from overseas providers since the start of the COVID-19 pandemic.
IATF Certified to Deliver Quality, Consistency and Reliability
As an IATF 16949 and ISO 9001 certified manufacturer, Master Products is poised to tackle your automotive metal stamping project with the precision, efficiency and speed that the modern automotive marketplace demands.
The International Automotive Task Force (IATF) drafted their original certification code in 1999 and has periodically updated the literature to keep pace with the evolving automotive manufacturing world. The latest version IATF 16949 was drafted in 2016 with the goal of harmonizing the numerous quality certification and control systems used throughout different sectors of the automotive production industry.
For more information, read our article on Master Products recently becoming IATF 16949 certified.
More than 100 Years of Responsive Metal Stamping Solutions
Master Products has dedicated over a century to honing our engineering and production processes and has evolved into one of the Midwest’s leading metal stamping shops. From high-volume stamped products to turnkey assembly and custom packaging, we strive to provide streamlined, single-source manufacturing solutions for your project.