Business Magazine May 2022

Page 35

r s a e Y 5 7 g Celebratin 613 West 11th Street Erie, PA 16501 Phone: 814/455-8061 modernind.com

COMPANY PROFILE

Modern Industries: An Industry Leader in Precision Contract Machining, Heat Treating and Metals Laboratory Services Modern Industries is celebrating its 75th anniversary in 2022 as the area’s largest Heat Treating and Metallurgical Testing supplier in the tri-state area. According to the company, both divisions are the area’s “go-to” resource for customers who want the highest quality and valued services. Modern’s other two divisions, MachiningManufacturing and Products-Work Holding, sell mainly outside the Erie area throughout North America. While some of its customers have asked Modern to expand overseas, its owners come to the same conclusion every time, “at this time, we are committing our time, money and resources to the current locations who will service the surrounding communities and North America.” Modern currently employs 210 people who are located at six locations: two in Erie, one in Meadville, one in Kersey Pa., one in Pittsburgh and one in Dallas/Fort Worth, Texas. Modern’s Bright Future Modern is owned by three brothers who all work in the business — Dennis, Matt and Tim Sweny. All three are the second generation of the Sweny family to lead the business and started at Modern immediately after earning their engineering degrees. Today, the third generation of the Sweny family is beginning to learn the business as it prepares for the future. In fact, before and during the pandemic, Modern’s owners and Board made tough decisions to continue investing in their plant, equipment and people at a time that was

be greater numbers of people who want to be trained for industry. Perhaps the parents and colleges have given industry a bad name and we are now paying the price.” Worth Noting Modern Industries remains an industry leader and major boost to the manufacturing industry and region through its continued investments, including:

difficult. Their plan was to position themselves for a rapid rebound from the COVID-19 effects — and that’s exactly what happened. The company is now back to pre-pandemic levels and is forecasting growth for Modern’s four divisions to be 20-percent growth in 2022 and 15 percent in 2023. Modern’s Challenges Modern’s biggest challenges are like most companies today, “recovering and growing employment needs caused by the pandemic’s reactions,” states Co-President Dennis Sweny, “… to find good employees like we have today is so important for growth and very difficult. It is shocking to see the industrial skill needs in the Erie community workforce. It was bad before the pandemic, but I have never seen anything like this in my 43-year career. While the area trade schools and colleges are doing everything they can, it just isn’t enough. There needs to

• Machining Division — Invested $4 million in new equipment, added machine monitoring systems, continued certifications for AS-9100, IATF 16949, ISO 9001 and ITAR Registared. Apprenticeship Program and Training paid by Modern. • Heat Treating Division – Addition of the area’s largest and only 10 Bar Vacuum Furnace, installed a new operating and furnace control system, Continued Certification on NADCAP AC, AC-7102, ISO 9001, IATF 16949 and ITAR registered. • Materials Testing Division — Added new equipment; continued certification for NADCAP Testing #4319187722, GE S-400, PADEP – Water Testing, ISO-9001, PA Dept. of Agriculture — Dairy. • Employee Development — The company presently has more than 40 openings that need to be filled in 2022, offering increased wages at all levels, free training and benefits. For more information about Modern Industries, visit modernind.com.

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