American Fine Sinter Co., Ltd., or AFS, is located in Tifin, northwestern Ohio. The city is a two-hour drive south of Detroit, a small town surrounded by corn fields. The population is 117,000, mostly German-American, and the universities in the city are also named after the German name. China Powder Metallurgy Business Network Exclusive Information AFS is a subsidiary of 100% of Fine Sintering Co., Ltd. in 2001. It began to produce auto parts in 2002. The products produced include engine seats, VCT parts, Sprockets, etc. It is estimated that sales for this year will be close to US$20 million. There are now about 140 staff members (including 6 Japanese). As a feature of the northern United States, although there are difficulties such as high resignation rate and difficulty in entering the field, the company insists on the basic 5S as the standard, and the company is growing smoothly. Now the US economy is facing a recession in 20 years with rising oil prices. The sintering industry has also been affected by the decline in sales of Detroit's three major auto companies (GM, Ford, Chrysler), which has reduced sales by nearly 30% in recent years. At the International Powder Metallurgy Conference in Washington in June this year, the show did not show a good health impression. Exclusive information on China Powder Metallurgy Business Network The rise in raw material prices is also related to the decrease in sales volume. The price of steel scrap and oil has doubled compared with last year. As a manufacturing industry, I am afraid that it will face a severe situation for a long period of time. China Powder Metallurgy Business Network Exclusive Information Although the current situation is not optimistic, from the long-term growth of the market, we must still follow the basic principles of safety and quality first, promote improvement, and strengthen the system.
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