The company, celebrating its 50th anniversary, calls for expanded investments in education and technical training
DES PLAINES, Ill.—Nu-Way Industries, a large precision metal product fabricator, is marking 50 years in business by calling on local and state leaders to support the next generation of manufacturing.
A critical pillar of the economy, the roughly 12,000 manufacturing businesses in Illinois employ nearly 600,000 residents and account for almost 13 percent of the state’s gross domestic product. But ineffective incentives and a lack of technical education is preventing businesses from realizing their full potential.
“Our passion for this industry, our commitment to quality, and our endless desire to be better every day have remained unchanged in 50 years,” said Steve Southwell, Nu-Way president and CEO, in a prepared statement. “But tangible improvements, like more accessible workforce development grants and more vocational education, are needed to ensure Illinois manufacturing stays strong as we move into the future. We’re grateful for the partnership and hard work of our leaders, but there’s more to be done.”
Founded in 1968 and employing more than 300 people, Nu-Way (https://www.nuwayindustries.com/) creates custom, end-to-end manufacturing solutions for businesses spanning all sectors of the economy. Since its beginnings under brothers George and Joe Howard, Nu-Way has spurred industry innovation by combining manufacturing expertise with innovative technology.
Nu-Way’s vertically integrated production facility near Chicago’s O’Hare airport features first-in-class manufacturing equipment, including an advanced design lab, automated equipment, and the use of robotics, which allow the company to make more than 1.5 million parts each year. With a large and deeply experienced engineering and operations staff, Nu-Way is well-known for its agility and ability to quickly tackle even the most complex jobs, the company said. Its customers include Siemens, Schneider Electric, Middleby, and Electrolux, and many have partnered with Nu-Way for decades.
“My father and his brother started this company with a vision for doing things a better way — a ‘new way’ using cutting-edge technology to improve manufacturing processes,” said Mary Howard, Nu-Way executive vice president and CFO. “We’ve been fortunate to have loyal customers, talented and hard-working employees. We’ve reached this milestone because of them and look forward to accomplishing even more in the future.”