
Ashland
Technologies Company Profile - Innovation/New Product Development
Ashland Technologies is a contract manufacturer of machined and fabricated
parts. It also manufactures and distributes its own branded line of fuel
filter systems for all diesel applications. They employ about 20 people
in Schuylkill county. The company’s website is www.ash-tec.com.
Situation
Currently, the company makes 99.5 percent of its products as a contract
manufacturer. With international competition devouring this market,
it was apparent to Bill Wydra Jr., company president, that a long-term
strategy for its future growth was needed. He requested the assistance
of MRC to help him determine where the company should direct its future
growth.
Solution
MRC and Bill agreed that the company needed to develop a proprietary
line of products for long-term growth. MRC was familiar with several
opportunities to develop in-house products for Ashland; however, as
an affiliate of Lehigh University, MRC evaluated that the best fit
for Ashland’s needs was the Lehigh Integrated Product Development
program. The IPD program encompasses students, faculty and course expertise
from
the
colleges
of Arts & Sciences, Business & Economics, Engineering & Applied
Science and Education. The multi-disciplinary project team approach
to technical entrepreneurship fosters an environment that encourages
innovation, creativity and entrepreneurial spirit within the realities
of design, business and engineering functions. Bill presented two product
ideas to the IPD Team that needed to be researched, designed, and engineered
for workability.
Four-seat Gyroscope Ride – to design and build a prototype
for sales to amusement ride companies nationwide. Since, Ashland
already produces parts and rides for the amusement park industry.
This idea was a natural fit to Ashland’s new proprietary
product development.
French Fry Vending Machine – to design and build a state-of-the-art
vending machine even encompassing wireless technology to signal
when the machine needs refilling. Currently, Ashland supplies
a part for vending machines like this, but no company has a dominant
market share. In approximately two years with the help of MRC,
Bill hopes to produce this vending machine and place it next
to every soda machine nationwide.
Results
Partnering with MRC and the IPD Program helped Ashland garner: access
to Lehigh's intellectual power; research to solve problems and seize
opportunities; creativity of students for unique design; prototype
that is well engineered and workable. The sales forecast for the four-seat
gyroscope is projected to be $3 million for the first year. The unit
will be ready for production in November, 2005.
Testimonial
"What surprised me the most, and that I was not expecting,
was the level of creativity, pure scientific knowledge and
skill that MRC helped make happen. I would have never known
about the IPD Program without them, and even if I did,
I
might not have the fortitude to try them."
Bill Wydra Jr., President
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