Hot Off the Press
Manufacturing Pay Surveyed
Friday, December 19, 2003
Did you know: The median income for corporate chief financial officers in manufacturing is $120,000, but varies by company size? For example, CFOs in operations with annual revenues below $10 million have a an annual median income of $87,350, but that jumps to $182,520 when a firm’s annual revenues fall within the $100-499.9-million range.
Ever wonder how compensation in your company compares? For $1,100, you can find out. That’s the cost for Compensation in Manufacturing, 23rd Edition-2003. The eight-volume report, sponsored by the National Association of Manufacturers, offers results from a compensation survey of 533 manufacturing firms by Dr. Steven Langer, president of Abbot, Langer & Associates, Inc., Crete, IL. A companion report, Compensation in Smaller Manufacturing Firms, covering operations with less than 250 employees, is available for $575. Nearly 88,000 managerial, supervisory, sales, engineering, technical, clerical and blue-collar employees participated in the survey.
For more information or to order, visit www.abbott-langer.com
For those specifically interested in compensation within the metalforming industry, consider the PMA Executive Compensation Report
. This survey collects information on executive compensation and fringe benefits, including data for 11 job titles ranging from CEO through various levels of middle-management positions. All PMA member companies are asked to participate each February. For more information, click http://www.metalformingmagazine.com/ExecComp.pdf
New Website for Deken Power
Thursday, December 18, 2003
Deken Power Inc., Santa Ana, CA, has launched a new website, www.dekenpower.com
. The site details unique stamping-room equipment such as carts, tables, die rollers and washers, and fluid-power products, and offers a history of the 26-year-old company.
Metform to Supply Heavy-Gauge
Rollforming Line to Roll Form Group
Wednesday, December 17, 2003
Metform International, Mississauga, Ontario, Canada, has been awarded a contract to supply a heavy-gauge rollforming line to Roll Form Group at its Cambridge, Ontario, heavy-gauge rollforming facility.
The line will roll material in thicknesses to 0.375 in. in widths to 65 in. from coil weighing to 60,000 lb. For rapid profile changeover, the line features heavy-duty raft-mounted stands.
Metform designs and manufactures strip-processing equipment for rollforming, cut-to-length and slitting applications. For more, visit www.metformintl.com