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Contract Manufacturers (3672-CM)

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Contract Manufacturers (3672-cm)

Overview of Contract Manufacturers (3672-CM)

— Contract Manufacturers - A contract manufacturer (CM) is a manufacturer that contracts with other firms for the production of their components or finished products. In a contract manufacturing business model, the hiring firm approaches the contract manufacturer with a design or formula. The contract manufacturer will quote the parts based on processes, labor, tooling, and material costs. After the bidding process is complete, the selected CM acts as the hiring firm's factory, producing and shipping units of the design on behalf of the hiring firm. Many industries use this process, especially the aerospace, defense, computer, semiconductor, energy, medical, food manufacturing, personal care, and automotive fields. Some types of contract manufacturing include CNC machining, complex assembly, aluminum die casting, grinding, broaching, gears, and forging. With locations throughout the USA, Singapore & Taiwan, Professional Plastics has become a vital partner to many of the largest contract manufacturers in the world. Major global CM's include; Hon Hai (Foxconn), Flextronics, Jabil Circuit, Celestica, Sanmina-SCI, New Kinpo Group, Shenzhen Kaifa Technology, Benchmark Electronics, Plexus, Universal Scientific, Venture Group, and Beyonics. 20 AsteelFlash Group -- Paris, France

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