Posts Tagged ‘additive manufacturing’

 

B/E Aerospace helps to build Rockford’s aerospace reputation

Monday, March 3rd, 2014

ROCKFORD – Seven years ago B/E Aerospace Aircraft Ecosystems was a two-man startup working to cultivate a concept for more efficient toilet systems in commercial jets.

Today, it employs about 75 people and serves the biggest aerospace companies in the industry.

Not bad for a company that executives say is just now entering a phase of accelerated growth.

“We’re starting to increase the production volumes here,” said Mark Pondelick, vice president and general manager of B/E’s Rockford division. “Those will continue to grow over the next four to five years at a pretty rapid rate.”

The company moved into a new 38,000-square-foot building east of the Chicago Rockford International Airport in mid-2012 as it ramped up production of its potable water and vacuum waste systems. At a public showing of the space at 5795 Logistics Parkway in 2012, B/E CEO Amin Khoury said the company could make $50 million a year selling toilets to business and commercial jets within the next five years.

The company is fulfilling orders from nine business jet-makers today, including the world’s largest aerospace company Boeing, which is buying B/E’s system for its 737 program.

B/E is a top-tier industry that’s helping build Rockford’s aerospace reputation and diversifying the type of products produced locally, said Eric Voyles, vice president of National Business Development for the Rockford Area Economic Development Council.

“It’s always great to have a company with that kind of reputation in our market,” Voyles said. “Even better, it’s fantastic to see the commitment they made when they decided to build a new building here to operate this new business.”

The company holds eight patents issued between June 2010 and December 2013 for its potable water and vacuum system. B/E’s new vacuum toilets are lighter, easier to maintain and more reliable than competitors, Pondelick said. It weighs half that of other systems and uses just 5 ounces of water per flush.

Pondelick said the company focuses on designing and developing a product to fit each customer’s unique situation. It also puts an emphasis on supporting the customer to make sure the product meets expectations.

“It’s not just initial design and development and making the parts, but how you support it in the field,” Pondelick said, noting the company is a Federal Aviation Administration approved repair shop.

B/E’s Rockford division was built from scratch in 2007. It’s not the typical approach for the international company based in Wellington, Fla., that’s more used to buying than building businesses. B/E attempted to buy Machesney Park-based vacuum toilet systems-maker Envirovac in 2004, but lost out on the bid to Monogram Systems. Three years later, Monogram’s former president Bob Shafer retired and was recruited to start the new division of B/E.

It became a tenant at EIGERlab, a business incubator at 605 Fulton Avenue that provides reasonably priced lease space and access to rapid product development services. It became the first EIGERlab client to move into a build-to-suit facility and within four years was ready to move into its own space near the Chicago Rockford International Airport.

“They were able to come into EIGERlab and grow their business from the day they walked into the door,” said Dan Cataldi, EIGERlab’s executive director. “They were able to create some pretty good jobs for the community and create a pretty nice business.”

Complete Rockford Register Star article.

Are you interested in ACCELerating your company’s growth? Increasing your profits? EIGERlab’s expert business coaches and partners will assist!

Friday, February 28th, 2014

PrescientAudioSmartPhoneL

Paul Niedermann, owner of Prescient Audio partnered with the EIGERlab’s leaders, and their business development associates, to start his business and commercialize his invention. During his recent press conference, Paul shared that he is ready to ramp up production of his music and smartphone-related products.

Where did he start?
Paul simultaneously met with business coaches from the EIGERlab and the IL Small Business Development Center at RVC. He received business development assistance—necessary for starting and running a business—and product development assistance for perfecting his invention. This included utilizing a portion of EIGERlab’s Center for Product Development services; engineering and additive manufacturing.

How did he acquire funding?
In the beginning, Paul bootstrapped the business including spending his savings, and, of course, contributions from “Family, Friends and Fools.” Winning second place in the 2012 FastPitch Competition assisted with services from the Wisconsin Innovation Service Center. But, during the 2013 FastPitch World Series event, Paul hit a home run when a local investor heard his pitch and decided to provide both financial assistance and guidance. On February 20th, Prescient Audio started its Kickstarter crowdfunding efforts, which will run through March 4th.

What additional ACCELerator services did EIGERlab’s coaches and partners provide?
After both his business and financial plans were started, Paul met with EIGERlab’s CTeam; C standing for commercialization. CTeam’s core group of professionals have owned, managed, bought and/or sold businesses and therefore bring solid expertise to start-up or existing businesses of any size. In addition, EIGERlab’s leaders reach out to the regional business community to seek the appropriate experts to address an entrepreneur’s specific industry-related issues. Paul and his management team received sound advice which refined his business development thought-process and next steps.

Where is Paul’s business today?
Paul and his partners have recently purchased a building in Rockford, and plan to manufacture and assemble their products locally. They had the forethought to buy a sizeable building with room for expansion, including a dedicated R & D space, which will allow Paul to continually work on the “next big thing.”