Presentation on theme: "Richco, Inc.. Richco’s Roots Richco was started in 1954 by Craig Richardson, Charles Richardson Jr., & William Cowan First product – plastic e-clamps."— Presentation transcript:
Richco’s Roots Richco was started in 1954 by Craig Richardson, Charles Richardson Jr., & William Cowan First product – plastic e-clamps Started in a small garage in Chicago Brothers Charles & Craig Richardson took over after they incorporated and Cowan exited the business First Richco catalog was printed in the late 1950s 1st international manufacturing operation was opened in Gravesend, England in 1975 Since then, we have expanded manufacturing to include Spain and China
Our Core Business Injection molding of a wide range of thermoplastic materials Wide range of standard plastic products Related products, such as rubber fan mounts or bumpers and feet Custom molding
Foundations Richco was built on a basic principle that we still strive for everyday: To design and manufacture the finest quality parts, to price them competitively, and deliver them promptly.
Today Richco provides innovative design solutions to meet a wide range of fastening & routing requirements with focused Engineering and Manufacturing expertise. Our people think globally, but act locally to assure our customers the finest products, service, and responsiveness
Our Future What are we doing to sustain growth & prosperity? –Investing in global product development talent and systems –Adding new part numbers and new product lines to our standard catalog offering –Expanding manufacturing capabilities (co-molding, insert molding, rubber molding, etc.) –Growing our manufacturing presence in China –Focusing on our Distribution business partners to grow the business –Looking for new market opportunities and acquisitions –Making more and more of what we sell
Global Capabilities Molding Capabilities –Harvard, Illinois –Gravesend, England –Barcelona, Spain –Xiamen, China Design Engineering Capabilities –Morton Grove, Illinois –Gravesend, England –Xiamen, China –Tokyo, Japan Tool Design Capabilities –Morton Grove, Illinois –Gravesend, England
Engineering Capabilities Morton Grove, Illinois (Corporate HQ) –Material Development Engineering –North American Design Engineering All product & tool design in-house –We do not charge for design time! State of the art Research & Development lab Rapid Prototyping CAD/FEA –ISO 9001 Certified
Engineering Capabilities Gravesend, England –Full Engineering department –ISO 9001, ISO 14001 Certified –Investors in People Certified Xiamen, China –Design Engineering –ISO 9001, ISO 14001 Certified Tokyo, Japan –Design Engineering
Custom Molding What is it? Any molded part that is not part of the proprietary line (not in the catalog) Richco can manufacture two types of custom molded products: –Modified Proprietary Products Using inserts, a variety of part combinations are available Secondary operations: special lengths, taping, in-line packaging, etc. Other modifications: material, color, dimension, etc. –Truly Custom Products Customer concept/design
Thumbnail Index Useful for customers who aren’t familiar with Richco Customers are able to find the type of part that they are looking for without knowing the name of the part or part number Thumbnails are meant as a representative sample of the parts in the catalog. Not all parts have a thumbnail.
Full Line Catalog Product Line Review –# Products Added: Over 500 –# Products Removed: Over 400 Obsolete Special order out of the catalog –Special Order in the catalog Minimums included whenever possible