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Friday, September 27, 2013

PMA Members Attend Event for Congressman Tiberi

On September 24, PMA members participated at an event for Congressman Pat Tiberi (R-OH) that was hosted by the political action committees of PMA, the National Tooling and Machining Association (NTMA) and the Precision Machined Products Association (PMPA).

Congressman Tiberi has long been a supporter of manufacturing, pushing for pro-growth and pro-jobs legislation, and we were pleased to have the opportunity to return some of that support for him.

The Congressman spoke to a full room at Lockkeepers in Valleyview, OH.  He offered his assessment of activities in Washington today and painted a picture of the way forward.  He suggested that times are trying and expressed concern about the impact of Obamacare and some tax reform proposals on American small businesses.  Still, he predicted the long-term success of American manufacturing which he said is strong and thriving.

We were also honored that Congressman David Joyce (R-OH), in whose district we were gathered, stopped by.  We enjoyed talking with him and hearing his thoughts as well.

It was a great event!

*Note that Congressman Tiberi injured his arm in the line of duty.  He shared with us that he broke a bone and tore some tendons while attending a 4H event and jumping from some bleachers - that's dedication!  We're wishing him a speedy recovery.

Here are some pictures from the event -

Congressman Tiberi with PMA President Bill Gaskin.
Congressman Tiberi talks with members of PMA and NTMA leadership.
Congressman Tiberi poses for a photo with
NTMA President Dave Tilstone and PMA President Bill Gaskin.

Tuesday, September 17, 2013

September Business Conditions Report: Manufacturers Expecting Slight Dip

CLEVELAND, OH—September 16, 2013—According to the September 2013 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies expect a dip in business conditions during the next three months.  Conducted monthly, the report is an economic indicator for manufacturing, sampling 130 metalforming companies in the United States and Canada.

The September report shows that 14% of participants forecast that economic activity will decline during the next three months (up from only 7% in August), 51% predict that activity will remain unchanged (down from 59% in August) and 35% believe that economic activity will improve (compared to 34% in August).

Metalforming companies also expect a decline in incoming orders during the next three months, with 18% expecting a decrease in orders (up from 10% in August), 37% anticipating an increase in orders (compared to 38% in August) and 45% predicting no change (down from 52% last month).

Average daily shipping levels rose slightly in September.  Thirty-four percent of participants report that shipping levels are above levels of three months ago (up from 30% in August), 44% report that shipping levels are the same as three months ago (compared to 41% last month), and only 22% report a decrease in shipping levels (down from 29% in August).

The percentage of metalforming companies with a portion of their workforce on short time or layoff increased to 13% in September, up from 10% in August.  The September figure is better than it was at this time last year, when 15% of metalformers reported workers on short time or layoff.

“PMA’s member companies are optimistic about the trend for fourth quarter shipments, in spite of a modest decline in incoming orders being anticipated over the next three months,” said PMA President Bill Gaskin.  “Last year at this time, expectations for both fourth quarter shipments and orders were soft.  This year, momentum in shipments seems to be building toward a modest fall rally, which is generally consistent with the most recent ISM report.”

The monthly Business Conditions Report has been conducted by PMA since 1979.  Full report results are available at  PMA is the full-service trade association representing the $113-billion metalforming industry of North America—the industry that creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes.  Its nearly 900 member companies also include suppliers of equipment, materials and services to the industry.  PMA leads innovative member companies toward superior competitiveness and profitability through advocacy, networking, statistics, the PMA Educational Foundation, FABTECH and METALFORM Mexico tradeshows, and MetalForming and Fabricating Product News magazines.

Thursday, September 5, 2013

MFG Day is Only One Month Away!

MFG Day - Manufacturing Day - 2013 is just around the corner.  Scheduled for October 4, 2013, the annual event dedicated to dispelling common misconceptions about the manufacturing sector, is just one month away.

MFG Day is an important part of efforts to support the future of manufacturing here in the US.

As manufacturers today, we know that negative, untrue stereotypes plague our sector and drive young people away.  We know that we have to overcome the perception that manufacturing jobs are dirty, dangerous dead ends.  We know that we must spread the word that manufacturing has gone high tech, with modern, clean facilities, computers, robot, and automation.  We know that counteracting outdated, negative images with current, positive ones is the best way to fight problems like the skills gap that threaten the American manufacturing sector's recent boom.

And MFG Day is just the way to do what we know we must.

MFG Day gives manufacturers around the country the opportunity to open their doors to local school kids, parents, community college students,  job seekers and members of the media so that they can see firsthand the safe, high-tech and innovative work environments that await the best and brightest who pursue careers in manufacturing.

To learn more about how you can get involved, visit the Manufacturing Day website.

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