Page 30 - MetalForming April 2015

Termax is run by an accountant (Bill Smith, left) and a salesman (Mike Smith). The pressroom is home to more than 60 #28 (28-ton) U.S. Baird slideforming machines. Termax also employs a sophisticated injection-molding operation, along with overmolding and assembly.
To Whom Much is Given, Much is Expected
Reflecting on the value he’s received from nearly 20 years as a member of the Precision Metalforming Association (PMA), 2015 PMA Chairman Bill Smith strongly believes that it’s now time to give back. And, he encourages his peers to do so as well.
Bill Smith, 2015 chairman of the Precision Metalforming Associ- ation (PMA) and CEO of metal- former Termax Corp., Lake Zurich, IL, says that “I entered the industry as an accountant, and now I’m a business- man. The relationships I’ve forged through PMA and what I’ve learned and taken away from the various learn- ing opportunities PMA has afforded me have allowed me to grow. Now it’s time for me to give back—to PMA and to the industry.”
Smith’s theme is “To Whom Much is Given, Much is Expected,” which he breaks down into three clear goals:
• Develop a mentorship program for the association;
• Establish a new funding initiative for the PMA Educational Foundation; and
• Raise awareness of the PMA-NTMA (National Tooling and Machining Asso- ciation) One Voice advocacy program, to boost its impact on government poli- cies related to manufacturing.
In his desire to give back to the industry and its association, Smith, an accountant and CPA by education and training, reflects on his personal growth, and that of his company—a $66 million manufacturer of engineered fasteners primarily for the automotive industry. Three philosophies framed his journey through the industry, begun when he and his brother, Mike, took the
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BY BRAD F. KUVIN, EDITOR MetalForming/April 2015