Should you target fabrication?

摘要

Being in the machining business, you've probably considered diversifying your business or expanding your capabilities with "value-added services." Our shop has certainly diversified. But what does diversification really mean? Does it mean serving customers from various industries so your shop isn't overly dependent on any one particular industry? Or does it mean diversifying your processes and capabilities to offer a wider array of services to the marketplace, including activities other than conventional metalcutting? Diversification could mean both scenarios, but this column addresses the latter.