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Batesville Steps up For Manufacturing Education
On June 9, PMA Chairman and CEO of Batesville Tool &
Die, Jody Fledderman, was featured on
Inside INdiana Business to discuss his company’s involvement in a
manufacturing education program in southeast Indiana.
Jody Fledderman PMA Chairman and CEO of Batesville Tool & Die
Batesville Tool & Die, along with the Batesville School
Corporation, IvyTech Community College, and three other local area businesses,
have teamed up to give high school students a chance to gain hands-on
experience in the modern manufacturing world.
Inside Indiana Business reported that, through the program,
freshmen and sophomore students can take elective courses featuring design and
manufacturing curriculums. After an application process, juniors can then enter
a 2-year program which allows them to gain college credit as well as access to
internship and shadowing opportunities. Happily, the piece indicated, the
program continues to grow each year. Next
Fall, more than 25 students will be a part of the curriculum.
Due to Indiana’s strength in manufacturing and demand for
skilled labor, Fledderman said the educational program will help to fill the
void in labor that has existed the past 10 to 15 years.
Importantly, Fledderman shared that one of the key
components of the program’s success is getting the students on-site to
physically experience the business and stimulate interest in the industry.
Fledderman explained that manufacturing businesses will continue
to need capable employees from the next generation who are excited about
entering the business and familiar with the latest technology to help the
industry progress. He views this program as a step for being able to accomplish
these goals both in Indiana as well as the United States as a whole.
To learn more, watch Fledderman’s interview with Inside
Indiana below, or visit the article here.
President Trump yesterday signed a proclamation placing tariffs of 25 percent on steel imports and 10 percent on aluminum imports. Mexico and Canada are exempted from the tariffs for now. The tariffs take effect at 12:01 a.m. on March 23. The President’s action is the result of recommendations from two Section 232 (national security) investigations conducted by the U.S. Commerce Department.
According to the proclamation, within 10 days, the Commerce Department will announce the process for filing a request for an exclusion for steel and aluminum products not available in the U.S.
These tariffs will place at risk the jobs of millions of Americans who are employed in the metalforming, metal stamping and other U.S. industries that use steel. Restricted availability and increased costs for raw materials will likely lead to current customers sourcing finished products from overseas competitors, who will produce them with foreign steel or aluminum and import them tariff-free.
Blogger: Kathy Kiernan Senior
Vice President & Managing Partner, APPI Energy Retail electricity prices are largely driven
by natural gas prices. Even though your
system operator (PJM, ERCOT, MISO, NEPOOL) is procuring power from a variety of
sources—hydroelectric, wind, solar, nuclear, coal, gas—the way system operators
pay generating plants is based on the last fuel used to meet demand, which is
almost always natural gas. Therefore, the amount you pay per kWh is determined
primarily by the current price of natural gas in your region. Retail electricity prices tend to follow
trends in natural gas prices. Gas prices, however, are significantly more
volatile than electricity prices. For example, when we see gas prices
fluctuate by as much as 70% in a single month, corresponding electricity prices
will generally move in the same direction, but by only around 10%. The change
in electricity prices will also typically lag behind gas prices by a couple of
the financial secto…
Guest Blog: Laurie Harbour President and CEO, Harbour Results, Inc.
In 2016 the U.S. manufacturing industry was relatively stable with overall production slightly up from previous years. Specifically, the automotive tool and die industry was predicted to be busy with forecasted tooling spend on the rise. However, taking a closer look, the year proved to be a bit more challenging. Data collected through the Harbour Results’ Harbour IQ pulse survey (a business intelligence tool for performance, financial, operational, trend and market data), which was completed by more than 100 tool shops globally in the second quarter of 2016, has shown that capacity reached a low of 81 percent among die shops in late 2015 and early 2016, but was expected to rebound to 78 and 86 percent respectively by year end.
So what caused the slow down? Program delays—on average, just over 20 percent of vehicle launches were delayed in 2015 and 2016. Work on hold—in early 2016, 18 percent of all work that had been …