How the Economy is Impacting Manufacturing |
Up for discussion: Demand for durable goods, inflation and interest rates, and unemployment levels. What does it all mean?
“Even top performers now are below double-digit profits,” Laurie writes. “But while some shops are doing extremely well, on average, things are trending down due to an increase in wages, material costs and inflationary costs. In the end, uncertainty is going to be the norm for manufacturers. You need to hunker down and figure out how to de-risk your business for the future.“ |
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Wipfli Acquires Harbour Results, Inc. |
Harbour
Results, Inc. (HRI) has entered into a transaction with national
advisory and accounting firm Wipfli LLP, under which Wipfli has acquired
the assets of HRI, and 14 HRI associates have joined Wipfli. |
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Three MetalForming LIVE Virtual Events Scheduled for Summer 2024 |
MetalForming
LIVE online events bring together subject-matter experts to discuss
metal forming technologies, trends and more. Sessions include short
presentations followed by roundtable discussions, moderated by MetalForming magazine editors. And, attendees can participate in Q&A discussions.
The three-part 2024 MetalForming LIVE series:
- July 10—End-of-Line Automation
- July 24—Science of Forming; How New, Higher-Strength Materials Affect Press-Line Equipment
- August 6—Press Brake Selection and Tooling Optimization
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Find Steel |
The
North American Steel Alliance is your connection to 375+ steel
distribution sites across North America. Need steel? Our 120+ Service
Center Members have it, including Plate, Structural, Merchant Bar and
Tubular products as well as Expanded Metals, Cold Finished Bar, Bar
Grating and Pipe. |
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What’s New in ERP |
Enterprise resource planning (ERP) software can provide actionable intelligence based on data gathered from several sources—the production floor, sales, estimating, engineering and human resources teams, the supply chain, and more. Read on for recent news from several ERP providers, then look for the June/July issue of MetalForming case studies describing how metal formers and fabricators leverage the power of ERP. |
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Looking to Diversify into New Areas of Stamping, Such as EV Parts, High-Speed Stamping, or Forging? |
Stamtec builds presses specifically for these market segments, as well as traditional markets for stamping presses:
- Mechanical and servo presses from 35 tons to 3,300 tons.
- Built by our own employees in our own factories
- 72,000 sq. ft. facility in Manchester, TN (near Nashville)
- Complete press-line integration and project management
- Competitive pricing, quick delivery with over 60 machines in stock.
Contact us today at 931-393-5050, stamtecpresses@stamtec.com, or visit www.stamtec.com. |
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AMSOIL Industrial Remote Oil Monitoring |
AMSOIL
Industrial remotely monitors your lubrication system to protect your
equipment. Our remote oil-condition monitoring system and professional
oil analysis track changes and trends in impedance, temperature and
viscosity in real time to provide complete lubrication insights for your
maintenance program and reduce the possibility of equipment damage. |
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PMA's Online Training Resource |
Struggling to fix skills gaps or find people ready to work? You can fix that and boost productivity, get new employees from “door to floor” fast and ready, and reskill/upskill your current employees all in a one-stop, cost-effective training platform. From the shop floor to the top floor, METALFORM EDU is THE online training choice. Learn more |
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… to explain how "the media can be your friend ... being able to communicate is helpful to businesses, but you need to have a strategy." |
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Part Classification's Influence on Direct Material Spend |
When manufacturers take on parts-classification projects, they tend to focus on engineering, and what’s required to find and re-use preferred parts. To increase the value proposition of cleaning up parts data, the focus should shift to include the needs of other functions, including purchasing.
This article discusses the large, potential value proposition unlocked
by uniting engineering and procurement as joint stakeholders. |
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New at EuroBlech 2024: Curated, Guided Visitor Tours |
Coming
October 22-25, 2024: EuroBlech, a sheet metal manufacturing exhibition
spread throughout nine halls at the Hanover Exhibition Grounds in
Germany. New this year are carefully curated guided visitor tours,
focused on productivity-enhancing technologies. |
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