Manufacturing Notches 12th Consecutive Month of Growth

June 9, 2021

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Manufacturing Notches 12th Consecutive Month of Growth
Economic activity in the manufacturing sector grew in May, with the overall economy notching a 12th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

“The May Manufacturing PMI (purchasing managers’ index) registered 61.2 percent,” says ISM chair Timothy R. Fiore, “an increase of 0.5 percentage point from the April reading of 60.7 percent. This figure indicates expansion in the overall economy for the 12th month in a row after contraction in April 2020.”


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Monitor Stamping Processes
Marposs’s Brankamp systems provide real-time monitoring of machine parameters, immediately detecting a broad range of quality defects such as cracks in components, broken tool elements or turned or mis-introduced parts. Optimize press efficiency, improve part quality, and decrease downtime and tooling costs.
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Wiegel Tool Works President Discusses Need for More Hiring, More Automation
“Based on the work coming in I need to hire another 30 people at all levels in 2021,” Aaron Wiegel, Wiegel Tool Works president, tells MetalForming’s editorial director, Brad Kuvin, as part of an Executive Insights interview recapped in the magazine-produced monthly enewsletter, MetalForming Business Edge. “We’re also at the stage where it will be more important to find higher-skilled automation operators.  We’ve got 21 robots and will have 30 by the end of the year… It’s clear to me that we need to continue to reduce our manufacturing costs and transfer those savings to help attract, and train, highly skilled people.”



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How an MES Solution Improves Shop Floor Efficiency
In manufacturing your money is made on the shop floor.  Learn how an MES System can keep your shop floor operating at peak performance to achieve “zero defect” production, increase work center run time and more.
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LISTEN: Keith and Katie Morse from American Metal Spinning
…discuss the art and science of metal spinning with Barkley Hunt, host of the Art of Craft podcast. Keith and Katie took over the Long Island, NY, family business from their father, who started it in the 1980s.


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Proven AHSS-Capable Straighteners
Lightweighting strategies continue to push the growth of advanced materials. COE straighteners are designed to effectively address both coil set and crossbow issues. achieving the flatness required to process high strength, high yield materials, all backed by FEA and software utilities that prove out the performance capabilities.
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Reshoring Rose Significantly in 2020, Report Finds
During the COVID-19 pandemic, the United States found itself unexpectedly facing down a global pandemic that it was not materially supplied for. Country-wide shutdowns led many to question the wisdom of complex international supply chains. That questioning has already begun to bear fruit, according to The Reshoring Initiative, which released its 2020 Data Report on June 2, reports Industry Week. More jobs were created in the United States thanks to reshoring in 2020 than were created by foreign direct investment, the report says, the first time that’s happened since 2013. Reshoring created about 109,000 U.S. jobs out of about 161,000 total jobs created from reshoring and foreign direct investment in 2020.


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Industry & Digitalization 4.0 will create absolute change to crucial business practices and operations within the metal forming industry – i.e., sales & marketing, buy-offs & installations, service & operational support, and on-time production at scale.

Join MetalForming magazine, SIMPAC America, and Elm Park Labs tomorrow, at 2:00pm EST, as the companies provide an extensive case study for the industry and explain how XR will help mitigate losses from COVID-19 and increase profitability.
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Happy 75th to Marion Manufacturing
Marion Manufacturing Co., Cheshire, CT, marking the 75th anniversary of its founding, kicked off celebrations on May 20 with a “Business After Hours” event held in conjunction with the Cheshire Chamber of Commerce. Additional activities include a small family-focused event for employees in July, followed by larger open-house events at the facility in August. The company, which started out of a basement in 1946, now supplies a diverse customer base in medical, automotive, aerospace and telecommunication sectors worldwide.


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Spring 2021 PMA Educational Scholarship Recipients Announced
The PMA Educational Foundation along with the Tennessee, West Michigan and Southeast Districts of PMA have announced recipients of spring 2021 educational scholarships. These recipients have shown an interest in continuing their careers in manufacturing through enrolling in educational courses or taking part in an apprenticeship/training program.

One Voice
WATCH: Weekly Video Highlights Manufacturing Issues Under Discussion in D.C.
 
 
The weekly “Two Minutes With One Voice” video series provides an overview of the latest happenings in Washington, D.C., from a member of PMA’s One Voice advocacy team. John Guzik delivers last week’s episode, addressing several expected actions in the next two weeks related to international trade discussions in general, and steel and aluminum tariffs specifically.

Hot Off the Press
Solar Atmospheres of Western PA and Neota Product Solutions Develop Sintering Partnership
Auto/Steel Partnership Offering Online Courses this Week on AHSS
On-Demand Manufacturing Marketplace Xometry Files For $100 Million IPO
Colt Automation Launches New Website


May 2021
From the May Issue of MetalForming
Attend the Virtual 3D Metal Printing Experience and Tech Tour
Catch up on some of the latest trends in metal AM by attending the 6th annual 3D Metal Printing Experience and Tech Tour, presented online in June 2021 as a two-part webinar series. The event includes a virtual tour of the new Neighborhood 91 campus in Pittsburgh, PA. An AM-centric development underway in the 195-acre Pittsburgh Airport Innovation Campus, adjacent to Pittsburgh (PA) International Airport, Neighborhood 91, as its coalition of public and private partners describes it, “is the first development in the world to both condense and connect all components of the AM/3D printing supply chain into one powerful production ecosystem.”

Uniting Hydraulic Presses and Automation
For a manufacturer thinking about purchasing a hydraulic press or perhaps with one or several already in the fold, where to start? Leveraging the expertise of a press builder with system-integration expertise to identify and tune automation in lockstep with a hydraulic press provides the opportunity to squeeze every productivity drop out of a press or line.




New Products
Freedom IoT Introduces Artificial Intelligence Functionality, Self-Help Video Library
WATCH: Video Part-Measuring System for Plant Floor or Lab
WATCH: New Features for Lincoln Electric’s Weld Sequencer Process Control

Upcoming Issues
June/July
  • Servo Technology
  • Lubrication
  • Industry 4.0/IoT
  • Laser Cutting
  • Resistance Welding
  • E-Newsletter Focus: Automation
July Digital August
  • Pressroom Automation
  • Preview: FABTECH, September 13-16, Chicago, IL
  • CNC Punching/Tooling
  • Arc Welding
  • Additive Manufacturing
  • E-Newsletter Focus: Presses

MetalForming magazine is the official publication of Precision Metalforming Association.
PMA Services Inc.


Industry-Related Terms: Case, Center, CNC, Download, Edge, Forming, Functionality, Hydraulic Press, LASER, Notching, Point, Run, Transfer
View Glossary of Metalforming Terms

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