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Metal Formers Predict Little Change in Incoming Order Volume

November 8, 2023

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View this email online. Technologies | News | Articles | Infocenter | Newsletters | Events | About Us | Suppliers | Advertise November 8, 2023 Metal Formers Predict Little Change in Incoming Order Volume According to the October 2023 Precision Metalforming Association (PMA) Business Conditions Report, 54 percent of metal forming companies expect a decrease in general economic activity during the next three months (a small increase compared to 50 percent in September), while 10 percent forecast an increase in activity, up from 8 percent last month. Sponsored Manufacturing Excellence Begins When You Stop Doing These 10 Things Are bad habits holding you back? The best manufacturers revealed 10 things they cut out of their day to day in order to operate efficiently and get ahead of the competition. Download the 10 Things Great Manufacturers Won’t Do whitepaper today to learn more. GIVE ME THE WHITEPAPER >> GM Joins Ford and Stellantis to Strike Tentative Deals to End UAW Strike The United Auto Workers (UAW) has reached tentative labor deals with GM, Ford and Stellantis. If finalized, the agreements include a 25-percent wage hike over the term of the contract agreement, starting with an initial increase of 11 percent. Sponsored The Secret to Achieving Peak Equipment Performance? The performance and life of your equipment depends on the quality of the compressed air powering them. Trust the compressor system that consistently delivers clean, dry air—exceeding expectations for reliability and efficiency year after year. Go for the Gold Despite Automotive Uncertainty, Harbour Results is ‘Bullish’ on Tooling Future A new forecast sees optimism for the North American automotive tooling, with OEMs continuing to spend on new programs throughout the rest of the decade Sponsored Allen Bradley Controls Now Offered On SEYI Servo Presses SEYI introduces Allen Bradley PLC based controls as its newest offering on SEYI servo presses. These simple, yet advanced controls further elevate SEYI presses in peak performance, seamless integration, and superior safety. With this addition, Allen Bradley controls are offered on all SEYI press series. Explore which SEYI press is best for you when paired with Allen Bradley controls. Learn More Call for Abstracts: Great Designs in Steel 2024 The American Iron and Steel Institute invites abstract submissions for technical presentation during the 22nd annual Great Designs in Steel symposium, slated for Wednesday, May 22, 2024, at the Suburban Collection Showplace in Novi, MI. Sponsored AIDA-America’s Latest Innovative, Advanced Servo Press Offering AIDA’s new DSF-N2-AB series press highlights its dedication to continual servo press and metal forming technology advances. These two-point, unitized frame presses are available in 200- and 300-ton capacities, featuring an exclusive AIDA/Allen-Bradley control system. The latest in productivity and safety features are also included. Learn more Two Industry Titans Set to Keynote Metal Stamping Technology Conference PMA has announced that Laurie Harbour, president and CEO of Harbour Results, and Chris Kristock, vice president of automotive at the American Iron and Steel Institute, will be the keynote speakers at the 2024 Metal Stamping Technology Conference, January 23-24, 2024, in Nashville, TN. Sponsored Make the (Transporter) Switch to Magnets! Powerful Rare Earth magnets hold parts during transfer, greatly reducing the chance of slipping/shifting your parts due to oily coatings. A 5/3 directional control valve controls the "grip/release" function of the magnet. Easily retrofit on existing tooling, the TPS Magnetic Transporters offer instantaneous pick-up and release, increasing production speeds! Hot Stamping Conference Heads to Holland, MI, in Late November MetalForming magazine’s Hot Stamping Experience and Tech Tour—conference and plant tour—returns this November to deliver a one-of-a-kind event that provides a unique opportunity to dive deeply into the ever-expanding world of hot stamping. Hot Off the Press Alro Steel Acquires Pottinger Steel SSAB and Gestamp Partner to Develop Fossil-Free Steel for Automotive Parts Rootstock Software Appoints Rostamizadeh as Chief Technology Officer Balluff Opens New “Smart” Production Facility in Aguascalientes, Mexico From the November Issue of MetalForming "Go Big or Go Home," But What if "Big" is Home? If you build capacity, they will come. So notes the management team at metal former Big Rapids Products, attributing its recent growth to ample press capacity, expansive space capacity, tooling redundancy, good service and on-time delivery. Design for Manufacturing Design for Manufacturing—often used interchangeably with Design for Manufacturing and Assembly—is the process of designing parts or components for ease of manufacturing and assembly. The goal: produce a better product at a lower cost, with minimal changes after the part’s release.  New Products High-Speed Mechanical Presses Coil Feed Line Features Integrated Shear Upcoming Issues December Mechanical Presses Women of Excellence Awards Preview: Metal Stamping Technology Conference CNC Punching and Tooling Material Handling Technology and Enewsletter Focus: Software for Manufacturing January/February Industry Outlook Servo Technology Lubrication Laser Cutting Press Brake Bending/Tooling Technology and Enewsletter Focus: Software for Manufacturing Subscribe to this enewsletter MetalForming magazine is the official publication of Precision Metalforming Association. PMA Services Inc. 6363 Oak Tree Blvd. | Independence, OH 44131-2500 | USA 216-901-8800

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