Nick Reinhart has a good chunk of the answer.
Nick founded Kreate, which makes toolboxes and storage totes for Home Depot, and a whole lot more.
Nick discussed his company's rapid growth in plastic injection molding in the U.S. since 2018. Kreate operates four facilities with 110 machines, employing 600 associates, and has an exclusive partnership with Home Depot. The company focuses on advanced automation, including AI and servo-driven machinery, reducing labor costs to 1.5-2%. Nick emphasized the importance of skilled trades, proper wages, and continuous investment in technology. Future plans include expanding into the $2.4 billion outdoor self-composting toilet market and acquiring more companies. He highlighted the need for capital, deep know-how, and a committed workforce to reindustrialize America.
Highlights:
00:00 - Introduction
02:22 - Kreate's Product Categories and Market Position
04:47 - Advancements in Automation and AI
08:42 - Challenges and Opportunities in Manufacturing
11:58 - Future Growth and Expansion Plans
18:13 - Attracting and Retaining Skilled Workers
25:00 - Create's Engineering Capabilities
There is so much good stuff here... you really owe it to yourself to tune in for the whole thing.
Here are a couple of useful links:
Kreate: https://kreate.com/
Krevera: https://www.krevera.com/
