01/14/2022 – PMPA Weekly News Vol 26, Issue #2

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PMPA WEEKLY NEWS
January 14, 2022 Vol. 26 Issue #2

MANAGEMENT UPDATE CONFERENCE
HOTEL RESERVATION DEADLINE EXTENDED TO JANUARY 19

Westin New Orleans Canal Place
HOTEL RESERVATIONS
Call 888-627-8180

REGISTER TODAY!

UPDATE CONFERENCE ATTENDANCE LIST

See who’s coming to New Orleans

ATTENDANCE LIST

The City of New Orleans Reinstates Mask Mandate for all Indoor Public Spaces
(as of 2/12/22)

*Proof of vaccination or a negative antigen or PCR COVID-19 test taken within 72 hours before entry may be required to enter indoor dining/entertainment spaces in the city. Please confirm with your venue if you are making dining reservations.

*(per the Westin Canal Place Hotel) masks WILL NOT be required once attendees enter conference sessions – they kindly ask that you mask up in their public spaces.

NOLA COVID Guidelines

Update Conference Speaker Feature:
Lauren Saidel-Baker

Plan and Prosper

She may be another new ITR Economics “face” to PMPA members, but you will get the same great information, insights (and personality) from Lauren Saidel-Baker.

There have been changes in the economy over the past year and half, and there will be more in the months to come.

Lauren will prepare you for the challenges and ongoing uncertainties in 2022 and will explore the opportunities and risks in terms of consumer trends, market opportunities, labor issues, production costs, and government initiatives.

Update Conference Speaker
Lauren Saidel-Baker, ITR Economics

QUESTIONS about the Conference?

Contact Cate Smith or
Renee Merker at PMPA.

This Week’s Speaking of Precision Podcast

Management Update Conference Primer with Renee Merker

Miles Free and Renee Merker, Director of Communications and Events, give listeners a peek into what to expect from the upcoming Management Update Conference in New Orleans!

Mask and Vaccine Mandate Decision from the Supreme Court

Yesterday the United States Supreme Court issued its decision on the OSHA Vaccine and Mask Mandate / Emergency Temporary Standard. They have put the stay back in place, ruling against the administration and OSHA.

PMPA promptly provided this information to our shops via the CEO, HR and Corporate Listserves. You can read the Court’s decision here.

**PMPA’s Final Cut of the Week – First Release**

The Final Cut of the Week video series launched today! This video series is a two-to-three minute video sharing information you may have missed while you were busy making essential parts. Look for a new edition every Friday on PMPA’s LinkedIn and Twitter feeds. Current videos and archives can be found on PMPA.org

Be sure to connect to PMPA’s LinkedInpage or Twitteraccount so you don’t miss out on these weekly news clips.

Members in the News…

PMPA member, Michael Tamasi, President of AccuRounds (Avon, MA) was featured in US News this week regarding the latest obstacle in workforce. As Omicron spreads, employees have to call off because of infection or exposure forcing shops to come up with creative scheduling to get the jobs completed.

LINK: USNews.com

Steven Tamasi, CEO of Boston Centerless (Woburn, MA) was featured in the Wall Street Journal, talking about what it takes to keep workers working and keep the shop floor operating during the recent Omicron outbreak.

LINK: WSJ.com

Manufacturing Positivity

Manufacturing Expansion Slows (but Continues!) In December
Chad Moutray at NAM reports that “The ISM Manufacturing Purchasing Managers’ Index declined from 61.1 in November to 58.7 in December, expanding at the slowest pace since last January. Even with some easing, new orders and production ended the year with solid growth, and hiring rose at the fastest rate since April. Measures of delivery times and cost pressures continued to reflect a challenging environment but have pulled back from recent records.”

Manufacturing New Orders
US Census Bureau Reported that New orders for manufactured goods in November increased $8.4 billion or 1.6 percent to $531.8 billion, up eighteen of the last nineteen months. This followed a 1.2 percent October increase. Shipments, also up eighteen of the last nineteen months, increased $3.5 billion or 0.7 percent to $527.0 billion. This followed a 2.0 percent October increase. Unfilled orders, up ten consecutive months, increased $9.1 billion or 0.7 percent to $1,260.1 billion. This followed a 0.3 percent October increase. The unfilled orders-to-shipments ratio was 6.78, up from 6.77 in October. Inventories, up seventeen of the last eighteen months, increased $5.3 billion or 0.7 percent to $770.0 billion. This followed a 0.9 percent October increase. The inventories-to-shipments ratio was 1.46, unchanged from October. Link: (click on Manufacturers Orders)

LINK: https://www.census.gov/economic-indicators/

Trade Statistics- Goods Exports
According to the US Census Bureau and the US Bureau of Economic Analysis, Average exports of Goods Increased $3.7 billion to $218.3 Billion in November. November Exports were $224.2 billion, up $0.4 billion from October report. Year to Date, Exports increased $354.4 Billion or 18.2 percent. Never the less, The goods trade deficit soared to a record $98.99 billion in November, Nevertheless year to date the goods and services deficit increased $174.6 billion, or 28.6 percent, from the same period in 2020. Exports increased $354.4 billion or 18.2 percent. Imports increased $529.0 billion or 20.7 percent. Link: (click on Manufacturers’ Goods)

LINK: https://www.census.gov/economic-indicators/

UPCOMING EVENTS

JANUARY 18 – 1PM (CT)
OSHA Top Ten Webinar
Hosted by Federated Insurance, this webinar will take a look at OSHA’s most recent Top Ten violations and will focus on risk management policies, procedures and training resources to implement and help reduce employee accidents and injuries.
REGISTER NOW!

JANUARY 26 – 11AM (EST)
Precision Degreasing of Aerospace Components
Hosted by the Manufacturing Cleaning Association, this webinar will discuss possible process enhancements to various cleaning systems or processes and provide some key ideas to consider implementing into you own cleaning processes
REGISTER NOW!
Free to PMPA members: Use code “PMPA-MCA” to register

FEBRUARY 15 – 2PM (EST)
APPI Energy 101
APPI Energy reviews the services they provide, from electricity and natural gas procurement to their full suite of energy efficiency and sustainability solutions.
REGISTER NOW!

PMPA AFFINITY PARTNERS

APPI Energy Federated Insurance Grainger Mirabel
Paperless Parts PartnerShip Verifyle

CONTACT PMPA STAFF

Editor: Renee Merker – Director, Communications and Events

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Update Conference Speaker Feature: Lauren Saidel-Baker

PMPA’s Final Cut of the Week – First Release

Members in the News…

Manufacturing Positivity

PMPA AFFINITY PARTNERS

Update Conference Speaker Feature:
Lauren Saidel-Baker

**PMPA’s Final Cut of the Week – First Release**