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Good News for 2002?

Friday, January 04, 2002
 
The results of the November Business Conditions Report, released by the Precision Metalforming Association (PMA), reflect the first forecast of optimism among member manufacturers since the September 11 attacks. Twenty-four percent of 198 responding manufacturing companies feel economic activity will increase in coming months, a 13-percent increase over October results. Only 23 percent predicted a further-downward turn, a 26-percent decrease from October. In addition, respondents expect a 35-percent increase in orders during the next three months, a much more positive outlook over October numbers. PMA makes full report results available to PMA members. Get more information.

Strippit/LVD to Establish Mexico Subsidiary

Friday, January 04, 2002
 
In order to provide direct sales and service support o the Mexican marketplace, Strippit/LVD, Akron, NY, has announced plans to establish a sales and service subsidiary in Queretaro City, Mexico. The new company should be fully operational during first-quarter 2002. It will sell and service the firm's complete product line, including CNC turret punch presses, laser systems, press brakes, shears and CAD/CAM programming software. Pedro Morlet, national sales manager for Mexico, will head the new subsidiary. Learn more at www.strippitlvd.com.

Aida Establishes New Distributor for Central Corridor

Thursday, January 03, 2002
 
Aida-Dayton Technologies Corp., Dayton, OH, has named Methods Metalforming Group as its distributor for Ohio, Kentucky, Tennessee, Georgia, Alabama, Mississippi and Florida. Methods MetalForming Group is based in Cleveland, OH, and operates regional centers in Nashville, TN, and Atlanta, GA. Learn more at www.methodsmetalforming.com.

 

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