PMPA is thrilled to announce the launch of this Connecticut Chapter Resource page. As PMPA staff and fellow members share resources specific to this chapter area, they will be shared on this page.
Author: Matrix Team
PMPA is thrilled to announce the launch of this Canada Chapter Resource page. As PMPA staff and fellow members share resources specific to this chapter area, they will be shared on this page.
Prepare Your Job Shop for the Future of Cybersecurity
American job shops are under siege from cyber-attacks. Every day, phishing and ransomware attacks are disrupting operations at large and small manufacturers. To protect our country’s military advantages, the Department of Defense is rolling out the Cybersecurity Maturity Model Certification (CMMC) to improve the security posture of the defense industrial base. In this webinar, Scott Sawyer, Co-Founder and Chief Technology Officer of Paperless Parts, demystifies these trends and prepare your shop to meet even the hardest CMMC requirements.
VIEW PAPERLESS PARTS CYBERSECURITY WEBINAR HERE
ITR Economics Report for PMPA – February 2021
Transition to Recovery Phase – Optimism in the Numbers
Optimism is the watchword as our precision machining industry transitions from recession to recovery in the business cycle. As the economy recovers, a return of inflation in the equipment and materials sectors can be expected. Don’t overweight the rare pessimistic indictors that you may encounter – there is plenty of evidence for business optimism in the indicators in this report. As your capacity fills, make sure that it is filling with the right mix for your profitability.
Read the full February 2021 report below, as prepared especially for PMPA by ITR Economics.
The Institute for Trend Research (ITR) quarterly reports focus on major areas of economic growth and decline in key market segments for the Precision Machined Products Industry. They are provided to PMPA members as part of the association’s overall business intelligence program and are used as a management tool to help PMPA members plan for what lies ahead and which markets they should focus on in a complex manufacturing environment.
PMPA Business Trends December 2020
Despite the consequences of various lockdowns and consequences of government orders regarding the COVID-19 pandemic beginning in March of 2020, the precision machining industry has fared much better than expected, finishing the year down just 4% from the five-year average and down 10.5% from 2019.
Our numbers have outperformed the Fed IP and Manufacturing indicators throughout the recovery. The numbers show that our precision machining shops are in fact “Essential Manufacturing!” Strong positive outlook for the months ahead.
PPP Round #2: Funding and Changes to the Employee Retention Credit
The second round of Paycheck Protection Program (PPP) funds is now available for small businesses.
If you have questions about PPP loans – how you can obtain these funds, as well as how to apply for loan forgiveness, this webinar is for you. Gene Barinholz of Kutchins, Robbins & Diamond Ltd. is back with another information-packed event on PPP loans and was joined by Paul Wilkins. They discuss sweeping changes to the Employee Retention Credit, which is now easier to qualify for and much more valuable to claim. A Q&A session was held at the end of the webinar.
Don’t miss this valuable (members-only) opportunity to learn how to use these new revisions to your advantage so you can receive the most loan forgiveness and maximize your payroll tax credits.
PMPA Business Trends November 2020
With 75 companies responding, the PMPA Business Trends Index for November came in at 125 – this is two points (1.6%) over November 2019’s 123 value. It is down 6 points (4.5%) from October 2020. While the rate of growth slowed, it remains positive. The index is five points above the November 5-year average of 120.2.
All sentiment indicators were positive, with Employment and Profitability outlook notably improved. Our precision machining shops- and our talented performers- continue to play a positive and essential role in the economic recovery.
Bar Straightness Calculation
Bar straightness tolerance varies by diameter, grade, and thermal treatment. The determination of compliance of a bar’s straightness to the applicable standard is an easily solved geometry problem. The formula for determining max allowable deviation of straightness for each tolerance class is given above each column on the first page.
The applicable standard requirements are on the second page, taken originally from ASTM A29 Table A1.24 which has now been replaced by ASTM A 108 Table A 1.4. ASTM A 108 Table A1.4 is identical to the material shown in the attached document.
Published January 2021.
By Miles Free III
What data drives your shop? An unexpected look at the kinds of data that you
ought to be using to make your shop the most competitive and sustainable that
it can. Spoiler alert — no new sensors or IT technologies required to get the
payback from these data tools.
Published January 2021.
By Carli Kistler-Miller
Tom Halladay talks about H&R Screw Machine Products, his history with
PMPA and his vision for PMPA this year.