Hour of glory Start for the "toolmaking of the future"

Source: Plastic Institute Lüdenscheid | Translated by AI 1 min Reading Time

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The Plastic Institute Lüdenscheid has now received the third star of the Regionale 2025 South Westphalia. This is linked to research on the "Toolmaking of the Future," which can now be initiated.

Tool and mold makers have long been established in South Westphalia. But they too are under pressure. In order to ensure the industry's future, the project "Toolmaking of the Future" has now been launched. It also received the third star in terms of Regionale 2025.(Image: Plastic Institute Lüdenscheid)
Tool and mold makers have long been established in South Westphalia. But they too are under pressure. In order to ensure the industry's future, the project "Toolmaking of the Future" has now been launched. It also received the third star in terms of Regionale 2025.
(Image: Plastic Institute Lüdenscheid)

The Plastics Institute Lüdenscheid can implement the regionally designed project "Toolmaking of the Future", as the state NRW and the EU with the European Regional Development Fund (ERDF) have put forward potential funding of approximately 2.16 million euros for this. Not least, the industry has a long tradition in the region, as it continues to say. The tool and mold making companies in South Westphalia also have to cope with a variety of challenges. These are the well-known bugbears of cost pressure, ever shorter delivery times and the trend towards production facilities outside Germany. But new requirements in terms of digitalization and sustainability also caused problems for the companies.

This is how SME players in toolmaking are to be helped ...

However, these mostly medium-sized, family-run specialist companies do not have the capacity to face all these challenges alone and to simultaneously arm themselves innovatively for the future. The project of the Plastics Institute Lüdenscheid now aims to change exactly that by creating a digital space in which companies can exchange ideas, get support, and thus work together on the "Toolmaking of the Future", as we learn more precisely. Specifically, the project aims to show companies, for example, new strategic courses of action, provide them with the infrastructure and the knowledge to develop new digitally supported business models, and above all, give them the opportunity to share the newly gained knowledge with each other and make it transferable.

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