This blog is powered the Precision Metalforming Association (PMA). Metalforming is a $137-billion industry in North America, creating precision metal products for sectors from aerospace to medicine. We hope you'll check back often for the latest in industry news because...Metalforming Matters.
One Voice Cheers President Obama’s Signing of Workforce Training Bill
President Obama signed the new workforce training bill into law today, as anticipated. PMA and our One Voice partner, NTMA, have long been supporters of efforts to get the Workforce Innovation and Opportunity Act ("WIOA") passed and signed. Get more information on the new law in our press release below -
Cheers President Obama’s Signing of Workforce Training Bill Manufacturing Associations Hope that New Legislation Will Help Combat Sector’s Growing Skills Gap
The bipartisan bill, which passed
both the House and the Senate by wide margins, updates the Workforce Investment
Act of 1998 and covers dozens of job training programs. The legislation,
“WIOA,” is part of ongoing efforts to close the skills gap in the U.S.
manufacturing sector and enable employers to find and hire workers with the
skills needed for competitiveness in modern manufacturing.
The bill’s provisions, among
others, eliminate outdated programs; provide accountability and data reporting
requirements; require implementation of industry or sector partnerships and
career pathway strategies and, increase the ability to use on-the-job training
(reimbursement rates up to 75%) and incumbent worker training (may use up to
20% of local funds).
Importantly, the bill also
prioritizes the use of industry-recognized standards and credentials.
This inclusion is especially significant for One Voice as NTMA and PMA are
among the founders of the National Institute for Metalworking Skills (NIMS) and
remain active in setting the bar for skills standards in the metalworking
According to a recent One Voice
survey, nearly 75% of members in both NTMA and PMA have job openings in
manufacturing plants, and 80% report that they are having challenges recruiting
“The skills gap is a pressing
challenge that has caused many U.S. manufacturers to have serious shortages of
qualified potential employees,” said NTMA President Dave Tilstone. “Our
members have seen this problem first-hand and we are hopeful that this new
legislation will help with recruitment and retention for our sector which is
vitally important to the American economy.”
“The good news is that the U.S.
manufacturing sector is only expanding,” said PMA President Bill Gaskin.
“We are pleased that our voices have been heard and our government is taking
this important step to support our members and the manufacturing industry as a
About One Voice: The
National Tooling and Machining Association’s (NTMA) and the Precision
Metalforming Association’s (PMA) combined “One Voice” federal government
advocacy program represents nearly 3,000 metalworking companies and is designed
to promote U.S. government policies that will ensure a strong manufacturing
sector in the United States. For additional information, please visit www.metalworkingadvocate.org.
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 …