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Showing posts from March, 2015

PMA’s March Business Conditions Report

CLEVELAND, OH—March 18, 2015—According to the March 2015 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies expect steady business conditions during the next three months. Prepared monthly, the report is an economic indicator for manufacturing, sampling 110 metalforming companies in the United States and Canada.

The March report shows that 35% of participants predict that economic activity will improve during the next three months (up from 33% in February), 58% expect that activity will remain unchanged (compared to 59% last month) and 7% believe that economic activity will decline (down from 8% in February).

Metalforming companies also anticipate little change in incoming orders during the next three months, with 43% predicting an increase in orders (down from 44% in February), 47% anticipating no change (compared to 48% in February) and 10% expecting a decrease in orders (up from 8% last month).

Current average daily shipping levels also rema…

PMA Tennessee District Tours Local College Mechatronics Program, Is Featured in News Story

PMA was featured in a Daily News Journal article about our Tennessee district’s gathering last week at Middle Tennessee State University, which has a special mechatronics major - a program that combines mechanical, computer and electrical engineering, systems integration and project management.

A current senior at the school, Daniel Kiviniemi - who is also an employee of PMA member Feintool Tennessee Inc. - helped lead the tour through the MTSU machtronics program facilities like the Experimental Vehicles Program featuring impressive technologies including the NASA Lunar Rover.

The PMA tour, which took place last Thursday, also included some 40 students from The Academy of Information Technology at Overton High School Tennessee District.  PMA Tennesee district Chairman Perry Hytken is quoted as saying of the tour, “I wouldn't be surprised if you don't see some of these students in mechatronics some day.”

This article provides a good example of ways that local PMA districts sho…

PMA Welcomes New Chairman Bill Smith

During the MFG Meeting in Orlando, FL last week, there was a changing of the guard at PMA.  Bill Smith, CEO of Termax Corporation in Lake Zurich, IL took over as 2015 chairman of the PMA board of directors.  Smith assumes the chairmanship following Jody Fledderman's tenure through 2014.
Smith accounced that the theme of his one-year term will be To Whom Much is Given, Much is Expected.
With that theme in mind he and the PMA board will be focused on: 1) Developing a PMA mentorship program, 2) Establishing a new funding initiative for the PMA Educational Foundation, and 3) Raising awareness of the PMA/NTMA One Voice advocacy program in Washington, DC.
Here's a video of our new chairman testing out the weight of the gavel.
Congratulations, Bill!  We look forward to seeing your positive influence on the future of PMA!

Fifth Annual MFG Meeting to Take Place This Week in Orlando, FL

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This week, manufacturing sector leaders from three leading manufacturing industry trade associations including PMA will gather for the fifth annual MFG Meeting.

In addition to the sun and sand, the three-day conference will be focused on the future of the U.S. manufacturing sector, especially the impact of innovative technologies.

A press release about the conference is below.  Stay tuned to our blog and our Twitter account (@PMATalk) for updates from Orlando.


The Power of U.S. Manufacturing on Display in Orlando Focus on Innovative Technologies at Manufacturing Industry Leader Conference
For Immediate Release                                                                      Contact: Christie Carmigiano
March 3, 2015                                                                                                ccarmigiano@pma.org

Orlando, FL – This week, hundreds of manufacturing sector leaders will gather for an event that captures the spirit of the resurgence of American ingenuity an…