Bead Electronics has announced a significant capital investment with the installation of a GF Vertical Milling Center. The company says the new CNC unit significantly augments the Milford manufacturer’s capabilities in fine-pitch hard milling.
One of Bead’s unique selling propositions has long been the capability of providing customers a custom, production-tooled part delivered in three to six weeks, according to CEO Jill Mayer. The new technology will allow Bead to reduce its current tool making time by half, she said.
“Our customers value their partnership with Bead during the NPI [new product introduction] process, leveraging Bead’s creative approach to swaging for solutions to their applications,” added Lou Guerci, Bead’s vice president of sales and marketing. “Reducing the time from concept to actual parts will increase the value Bead brings to the design table.”
Mayer said Bead invested about $300,000 to acquire and install the new milling center as well as to train managers and shop-floor personnel in its use and maintenance.
“Our continued investment in technology demonstrates our commitment to the growth and evolution of Bead,” Mayer said. “The purchase of this vertical milling center is another step forward in the modernization of our factory in Connecticut and expansion of the capabilities we can offer our customers across the globe.”.
Bead Industries Inc. d/b/a Bead Electronics, is a global manufacturer of electronic contact pins and supplier of Bead Chain. The company carries more than 500 patents and is best known for inventing its manufacturing process called swaging, a high-speed, cold-forming process capable of producing a wide size range of metal electronic components.
