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Showing posts from July, 2015

PMA’s July Business Conditions Report

CLEVELAND, OH—July 29, 2015—According to the July 2015 Precision Metalforming Association (PMA) Business Conditions Report, metalforming companies anticipate steady business conditions during the next three months. Prepared monthly, the report is an economic indicator for manufacturing, sampling 114 metalforming companies in the United States and Canada.

The July report shows that 65% of participants expect that economic activity will remain unchanged during the next three months (up from 60% in June), 18% predict that activity will improve (down from 23% in June) and 17% believe that economic activity will decline (the same percentage reported in June).

Metalforming companies forecast a slight improvement in incoming orders during the next three months, with 36% predicting an increase in orders (up from 33% in June), 45% anticipating no change (compared to 48% in June) and 19% expecting a decrease in orders (the same percentage reported last month).

Current average daily shipping lev…

Harry Moser Speaks Reshoring with PMA

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In 2010 an initiative with the goal of bringing good, well-paying manufacturing jobs back to the United States by assisting companies to more accurately assess their total cost of offshoring, was started by Harry Moser, founder of Reshoring Initiative.
Moser will speak at Sourcing Solutions ™ powered by the Precision Metalforming Association on September 30 – October 1, 2015 in Cleveland, Ohio. Sourcing Solutions is a powerful procurement program that brings together buyers and suppliers of fabrications, metal stampings, components, special tooling and dies, assemblies and more. The program is designed to introduce buyers to top-quality suppliers in a single location who have been pre-screened based on buyer specifications. 
Last week, we had the opportunity to speak to Harry and to ask him a few questions about the mission of the Reshoring Initiative and about his personal connection to this mission. 

Q: What drove you to take initiative with this issue?
A: I grew up in Elizabeth, Ne…

PMA Member Spotlight -- Beth Weissenrieder-Bennis, Weiss-Aug Company, Inc.

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Each month, the PMA Member Spotlight features an outstanding member sharing his/her insights into the latest industry trends and technologies.

PMA is pleased to highlight Beth Weissenrieder-Bennis, director of strategic planning and marketing for Weiss-Aug Company, Inc., East Hanover, NJ. Weiss-Aug provides custom insert molding, precision medical and automotive metal stamping , and assembly solutions. With more than 40 years of experience serving the automotive, medical, electronic and semiconductor industries, the company's experts in design, engineering, tooling and manufacturing excel at providing precision manufacturing through innovative design.

Hear Beth's thoughts about technology challenges facing metalformers, finding skilled workers, how social media works within her company's marketing strategy and more!

Q:  Which job classifications are the most challenging to find skilled workers? A:  Die makers and die technicians, tooling designers, and new product developme…