Manufacturing Today - Volume 18, Issue 2 - 83

PTM Corporation

Midwest

	 "I	 know	 a	 lot	 of	 companies	 who	
have	 a	 1,000-ton	 press	 but	 their	 bed	
sizes	 are	 traditionally	 smaller,"	 Russell-Kuhr	 says.	 The	 new	 press	 is	 the	
same	 one	 that	 Ford	 Motor	 Company	
purchased	for	its	new	aluminum	truck	
line,	she	adds.

Expansion and Growth
PTM	 has	 a	 300,000-square-foot	
manufacturing	 facility	 in	 Fair	 Haven	
where	 more	 than	 300	 employees	 design,	prototype	and	produce	parts	for	
industries	 that	 include	 automotive,	
appliance	and	lawn	and	garden.	Some	
of	its	parts	end	up	in	prototype	stovetops,	 washing	 machines	 and	 dryers.	
For	 the	 prototype	 automotive	 industry,	 PTM	 manufactures	 hoods,	 door	
assemblies,	 fenders	 and	 complex	 rail	
and	structural	assemblies.	It	also	supplies	doors	and	skins	for	NASCAR.
	 "But	we	are	not	just	a	metal	stamping	 production	 supplier,"	 Russell-Kuhr	 says.	 "We	 are	 a	 solutions	
provider	 to	 our	 customers."	 PTM	
quotes	more	than	1,000	jobs	per	year	
in	 production	 alone.	 For	 prototypes,	
it	 quotes	 nearly	 2,000	 projects	 per	
year,	she	says.	
	 That's	where	PTM's	product	development	division	comes	into	play.	"Our	
clients	give	us	the	parameters	and	design	constraints	and	we	will	design	the	
product	for	them,"	Russell-Kuhr	says.	
"That's	the	difference	between	us	and	
a	company	that	only	runs	production.	
When	 we	 design	 it,	 we	 design	 it	 with	
production	 intent	 and	 prove	 out	 the	
problems	 in	 the	 development	 stages	
of	the	product's	life	cycle."
	 The	 company	 has	 experienced	
healthy	growth	over	the	past	decade.	
"We've	 had	 positive	 growth	 every	
year	since	2009	for	both	revenue	and	
profits,"	 she	 adds.	 "And	 2018	 is	 projected	to	be	a	good	year."
	 Last	 year,	 PTM	 reported	 roughly	

ptm invests in its community
with its tool & die journeyman
apprenticeship program.

$48	 million	 in	 revenue.	 This	 year,	
it	 expects	 that	 to	 increase	 to	 about	
$52	 million.	 To	 protect	 itself,	 PTM	
makes	 sure	 that	 not	 one	 of	 its	 customers	makes	up	more	than	20	percent	of	its	business.	
	 A	part	of	the	company's	growth	can	
also	be	attributed	to	mergers	and	acquisitions.	 "In	 the	 next	 two	 or	 three	
years	I	see	us	having	a	presence	somewhere	 in	 the	 south,	 possibly	 Mexico,	
Tennessee	 or	 Texas,"	 Russell-Kuhr	
says.	"More	than	likely,	we	would	buy	
a	 company	 that	 is	 already	 there	 and	
come	in	and	grow	it."
	 PTM	 attributes	 another	 part	 of	 its	
success	 to	 industry	 relationships,	 especially	with	suppliers.	"Supplier	relationships	are	critical	to	the	success	of	
any	business,"	Russell-Kuhr	says.	She	
points	 out	 Romeo,	 Mich.-based	 Unlimited	 Quality	 Sorting	 &	 Assembly,	
Inc.,	owned	by	Kimberly	Glowczynski.	
	 "This	company	delivers	critical	support	 by	 providing	 secondary	 operations	to	PTM's	production	overflow,"	

Russell-Kuhr	adds.	"This	company	has	
been	a	valuable	part	of	the	PTM	Corporation	 supply	 chain.	 PTM	 believes	
in	 supplier	 diversity	 and	 is	 proud	 to	
support	not	only	women-owned	businesses	but	veteran-owned	and	minority-owned	businesses."

The Next Generation
As	the	largest	employer	in	Fair	Haven,	
PTM	believes	in	investing	in	its	community	 and	 surrounding	 area	 in	 St.	
Clair	 County,	 Mich.	 Four	 years	 ago,	
the	company	launched	its	Tool	&	Die	
Journeyman	apprenticeship	program	
that	is	designed	to	develop	skilled	employees	 with	 experience	 in	 tool	 and	
die	making.
	 "We	 are	 bringing	 up	 the	 next	 generation	 of	 manufacturers,"	 Russell-Kuhr	says.	"These	people	may	not	
get	 a	 college	 education,	 but	 they	 are	
getting	 a	 higher	 education	 through	
our	in-house	school.	I	am	proud	of	our	
in-house	school."	
	 The	 Journeyman	 is	 a	 four-year	
VOLUME 18, ISSUE 2		 manufacturing-today.com			83


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Table of Contents for the Digital Edition of Manufacturing Today - Volume 18, Issue 2

Contents
Manufacturing Today - Volume 18, Issue 2 - Cover1
Manufacturing Today - Volume 18, Issue 2 - Cover2
Manufacturing Today - Volume 18, Issue 2 - 1
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Manufacturing Today - Volume 18, Issue 2 - Cover3
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