Published October 2021
By Carli Kistler-Miller
Recruiting is sales. Recruiting is marketing. In other words, recruiting is storytelling and your employees are your best resource..
Author: Joe Jackson
PMPA Business Trends August 2021
PMPA’s August Business Trends Sales Index remains elevated at its second highest level ever!
In August 2021, the PMPA Business Trends Index came in at 149, now the index’s second highest month of Sales. This 149 value for August 2021 is up 20 points or 15.5 percent from the five year average (2016-2020) for August of 129.
Overtime, measured by Hours of first shift scheduled remained high while dropping just 0.1 of an hour from 44.4 to 44.3 in August. Sixty-six percent of responding shops scheduled first shifts greater than 45 hours in August. Industrial Production (IP) as reported by the FED is up and above pre-pandemic levels. PMPA shops are reporting second highest levels of sales ever. Congruence. Our shops’ output remains elevated, and we are clearly key to helping the broader industrial production sector catch up with demand.
Our performance and sentiment indicators this month justify our continued optimism about the markets and employment prospects for our precision machining industry going forward in 2021. This report reflects both a current and ongoing positive reality for our precision machining shops, and the Industrial Production markets we serve. Our industry continues to do yeoman work to meet the challenges that we continue to face regarding supply, workforce recruitment, and inflation.
Is this the Top? Are these the good ol’ days?
PMPA New Affinity Partner – Verifyle
PMPA continues to seek out partner companies which will bring complementary service at a good value to your work.
Digital security is a fast-growing issue in our industry, of concern to all of us. When it comes to your company’s sensitive information, standard internet security simply isn’t good enough anymore.
Please allow me to introduce to you our latest affinity partner: Verifyle. You may have had the opportunity to meet Dana Shibley, Vice-President of Verifyle, at our PMTS booth last month.
Verifyle offers an ultra-secure way to store and share documents and messages with others, and it’s extremely easy to use. Each conversation, document and note is encrypted separately. Everything in your account is encrypted at all times, accessible only to you and those with whom you wish to share.
Give it a try! As a PMPA member you can get a Verifyle Pro account free for one year by signing up at www.verifyle.com/pmpa with your name and email address. Verifyle Pro offers many features, including unlimited digital signatures, PDF editing, and many additional security features to help keep your data out of the wrong hands.
Verifyle is led by the co-founder and inventor of Hotmail (Jack Smith), which spread to more than 500 million users and was many people’s first experience with email and the internet. Jack also had key roles with two other successful digital security companies.
Published September 2021
By Miles Free III
Manufacturing has had a bad rap for a long time. The 3-D’s — Dark, Dirty, Dangerous — are almost a universal cultural belief, wherever you go, and no matter with whom you speak.
Published September 2021
By Joe Jackson
From 2008 to 2020, the global market for medical implant manufacturing products has shown a steady but slow growth ranging from 1.5-3.0%. With the home health care market increasing exponentially, growth is forecast to jump significantly in the coming years.
Published September 2021
By Carli Kistler-Miller
According to an extensive study in 2019 by the Oxford University’s Saïd Business School, a conclusive link between happiness and productivity was found — happy workers are 13% more productive.
PMPA Business Trends July 2021
The PMPA Business Trends July 2021 Sales Index dropped from June’s record high, but remained 12.8% above the five-year average for July, at 134. Performance and sentiment indicators this month justify our continued optimism about the markets and employment prospects for our precision machining shops in 2021. Year to date we remain at the 137 Sales Index average that we predicted for the full year. And our 12.8% overperformance for July, usually a low month, supports our confidence. Our shops are solidly on track.
The numbers reflect the current and ongoing positive reality for our precision machining shops, while recognizing the challenges that we continue to successfully meet regarding supply, workforce recruitment, and inflation.
Published August 2021
By Miles Free III
A program designed to help precision machining professionals elevate their experience and knowledge. Miles Free III, the man behind the program, shares what he hopes attendees will gain.
Published August 2021
By Joe Jackson
With precise high-quality fittings being necessary for the fluid power manufacturing industry, they are predominantly produced by our industry by using precision turning technology.
Released June 22, 2020.
Miles Free & Carli Kistler-Miller discuss the 5 advantages of cold drawn bars and Miles breaks all five down into detail.