MF Xtra



November 19, 2014

Wednesday, November 19, 2014
MetalForming Xtra Newsletter
November 19, 2014
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Manufacturers Report Card: 58 Percent Grew in 2013, 63 Percent Will in 2014
So finds the latest edition of the ThomasNet Industry Market Barometer (IMB), an annual survey released earlier this week of product and custom manufacturers. Other findings: 76 percent sell overseas, and one-third expect their export business to increase in the near term. And, 52 percent plan to add staff during the next several months, a healthy increase from the 42 percent saying that they had planned to hire last year.

The IMB also uncovers some troublesome trends, however, primarily centered on the relatively empty talent pipeline. Here’s a link to the IMB’s executive summary, which also includes a link to the full IMB report—provided you don’t mind completing a brief registration page.


FABTECH a success for
StamtecIf you did not have a chance to attend Fabtech, and want to know more about our new iS1 Series Direct Drive Servo which was on display, please give us a call at 931-393-5050, or email us at

100 manufacturers reveal their quality maturity. Where are you on the journey?
Today, market-leading manufacturers know that quality can be an essential profit center. But how do you get there if you don’t know your position on the quality maturity journey? LNS Research’s infographic, based on the experiences of 1000 manufacturers, shows you how to accelerate quality maturity, and what being a market-leader can mean for your bottom line. View the infographic.
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> Today's News
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You Ought To Know...

> Canada’s Manufacturing Workers are Paid to Learn
The Globe and Mail picked up this story of a cluster of Toronto-area manufacturers that have joined together to attract and then train young workers, even those with no prior experience in manufacturing. The rub: They’re paying these young workers during their 6-month classroom and on-the-job training program. A total of 16 students are in the program now, and by year-end some 80 workers will have joined.

“Companies in the consortium will spend $15,000 to $20,000 per trained youth to get them up to speed,” the article notes…”wages start at between $12 and $15 an hour.”

Read more here about the program’s participating companies.

November 2014

In This Issue:

> Press Applications: Eddy Current vs. Variable Frequency Drives
When metalformers consider the horsepower required, the installation costs and life-cycle expectancy, eddy-current drives will outperform VFDs in metal-stamping/forming press applications.

> Sharp Tools Prepared for Punching Duty
Punch-press tool sharpening can be complex and time consuming, particularly when fabricators carry in inventory hundreds of tools needed for different jobs. Having tools in pristine punching condition, ready for the press, ensures quality parts and fast production.
What's Trending?
> Press Feeds
> PMA Awards of Excellence
> Laser/Waterjet Cutting
> Pressroom Automation
> Press Feeds
> Laser Cutting
> Mechanical Presses
> Die Design Software
> Waterjet Cutting
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See also: Stamtec, Inc., Plex Systems Inc.

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