Author: vdurden

REPORT – PMPA Business Trends December 2024

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PMPA Business Trends December 2024

December Business Trends truly was a rough end to a good year.  All of 2024 was range bound (and in positive territory) until 4th Quarter, when variation took us up 11 points in October, then down substantially with declines in November and December. Don’t let the drama of the December reading fool you- this report shows that our Business Trends Sales Index closed out our third best year ever. Sentiment indicators for the next three months offer optimism to counter the decline in sales in November and December. Get the full picture here: Link to PMPA December 2024 Business Trends Report.

 
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.

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PMPA Southeast Michigan Chapter Presents: Merrifield Machinery Solutions and Hexagon Lunch & Learn

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Merrifield Machinery Solutions and Hexagon Lunch & Learn

 

Wednesday, March 12, 2025
11am – 2pm Eastern

Merrifield Machinery Solutions
5430 Gatewood Drive
Sterling Heights, MI 48310

 

Join the PMPA Southeast Michigan Chapter for a Lunch & Learn event focused on the latest advancements in Tooling, Die & Mold Design, and Machining at Merrifield Machinery Solutions. Topics covered will include: Tooling, Die & Mold Design and Machining with Hexagon VISI and WorkNC, toolpath simulation & optimization with NCSIMUL, and the Hexagon Machine Trainer as well!

Cost: Free! Event also includes lunch compliments of Merrifield Machinery Solutions!

 

Space is limited, so secure your spot by February 28th to join this insightful event!

REGISTER HERE

 

PMPA Wisconsin Chapter President’s Round Table

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PMPA Wisconsin Chapter President’s Round Table

 

Wednesday, March 12, 2025
5pm – 8:30pm Central

 

Thunder Bay Grille
N14 W24130 Tower Place
Pewaukee, WI 53072

 

Hear from PMPA President Brian Adams, President of R. F. Mau Company, on what he’s learned during member shop visits during his presidency and how
he’s used PMPA to the benefit of his company.

Harry Centa, PMPA’s Director of Membership, will provide the latest information from PMPA and review the top tips and helpful hints gleaned from the
Management Update Conference held February 6-8 in Orlando.

Take this opportunity to also speak with one another to find new ideas to solve problems and find new efficiencies.

 

Who Should Attend:
Be sure to bring your entire management team to this gathering where you’ll have the opportunity to meet, interact and discuss the issues of the day with
your local PMPA friends and peers.

 

Registration Fee: $50.00 per person

 

Registration Deadline: Friday, March 7

 

 

Register Here

 

PMPA Illinois Chapter President’s Roundtable

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PMPA Illinois Chapter President’s Roundtable

Westwood Tavern
1385 N. Meacham Road 
Schaumburg, IL 60173

 

Tuesday, March 11, 2025 | 11:30am – 2pm Central

 

Hear from PMPA President Brian Adams, President of R. F. Mau Company, on what he’s learned during member shop visits during his presidency, and how
he’s used PMPA to the benefit of his company.

Harry Centa, PMPA’s Director of Membership, will provide the latest information from PMPA and review the top tips and helpful hints gleaned from the
Management Update Conference held February 6-8 in Orlando.

Take this opportunity to also speak with one another to find new ideas to solve problems and find new efficiencies.

 

Who Should Attend:
Be sure to bring your entire management team to this gathering where you’ll have the opportunity to meet, interact and discuss the issues of the day with
your local PMPA friends and peers.

Schedule

11:30 A.M. – Arrival

12:00 P.M. – Lunch

12:30 P.M. – Presentations

 

Registration Fee: $49.00 per person

 

Registration Deadline: Friday, March 7

 

Register Here

PMPA Eastern New England Chapter Presents: 5 Hot Topics in Employment Law | Sponsored by Fisher & Phillips

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 Presents: 5 Hot Topics in Employment Law
Sponsored by Fisher & Phillips

Thursday, March 6, 2025
11am – 2:00pm Eastern

Fisher & Phillips
200 State Street, 13th Floor
Boston, MA 02109

 

Join the PMPA Eastern New England Chapter for an informative and engaging presentation hosted by Fisher & Phillips, one of the nation’s premier employment law firms. This event will cover 5 key hot topics in employment law, providing you with actionable insights to navigate complex workforce issues and maintain compliance. Who should attend: C-suite, Presidents, VP’s and HR directors & managers!

Topics Include
1. Wage and Hour Compliance – Focus on the Fair Labor Standards Act (FLSA) and specific New England state laws.
2. Managing Employee Leaves – Best practices for handling Family Medical Leave Act (FMLA) and Americans with Disabilities Act (ADA) cases.
3. Addressing Harassment and Discrimination Claims – Guidance on managing and avoiding workplace claims.
4. Marijuana in the Workplace – Updates and considerations for employers.
5. National Labor Relations Act (NLRA) – Understanding Section 7 rights for all employees and strategies for union avoidance.

 

Agenda
11:00–11:15 a.m.: Welcome & Networking
11:15 a.m.–12:00 p.m.: First Session
12:00–12:20 p.m.: Lunch & Networking
12:20–1:40 p.m.: Second Session
1:40–2:00 p.m.: Q&A and Open Discussion

Cost
PMPA Members: Free!
Non-Members: $10
Event includes lunch provided compliments of Fisher & Phillips!

Registration deadline is February 21

REGISTER HERE

PMPA Connecticut Chapter Presents: Navy Talent Pipeline Program Informational Sponsored by iSwiss

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Tuesday, March 4, 2025
12pm – 2pm Eastern

iSwiss 
161 Sanrico Drive
Manchester, CT 06042

 

Discover how the Navy Talent Pipeline Program (TPP) can help support your workforce needs by connecting you with talent trained in skilled trades. This program focuses on recruiting, hiring, training, and retaining employees who can bring value to your organization from day one. Who should attend: C-suite, Presidents, VP’s and HR directors & managers!

Schedule
12pm: Introductions & Welcome – Paul Lavoie, the state of Connecticut’s Chief Manufacturing Officer, will give an overview of the progress the state is making in its economy and the manufacturing sector specifically.
12-1pm: Navy TPP Presentation and Q&A – Steve Russo
1-2pm: Lunch & Networking

Cost
$0 | PMPA Members
$10 | Non- PMPA Members

Deadline to Register Friday, February 14, 2025

REGISTER HERE

 

REPORT – PMPA Business Trends November 2024

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PMPA Business Trends November 2024

Our November 2024 Sales index dropped substantially as Hours of First Shift Scheduled declined, not unexpected at the end of the year. At the same time, forward-looking sentiment for the next three months pivoted to the upside, with three of four indicators turning positive. The mixed message from the data can help us understand— we do not need to overreact to the November sales number. We remain on track to achieve our April Forecast for Calendar Year Sales.

 
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.

VIEW/DOWNLOAD

 

REPORT – PMPA Business Trends October 2024

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PMPA Business Trends October 2024

Our October 2024 sales and hours scheduled performance certainly surprised to the upside, while our four sentiment indicators all turned strongly downward.  October sales showed the most volatility all year- to the upside- while average hours worked grew as well in order to deal with the unexpected increase in demand. The Precision Machined Products Association’s  Sales Index in October 2024 outperformed both the Fed’s  Industrial Production and Manufacturing Production indicators. Our increase over the prior month’s sales (11 points or 7.2%) was greater than the range that our sales indicator had remained in all year (9 points). Despite the negative forward-looking sentiments- which we attribute to both pre-election anxiety and normal seasonal slowdown expectations- we remain on track to be within 2 percent of the end-of-the-year forecast for sales that we made in April 2024. The divergence of the monthly and three-month moving average from the 12-month moving average for sales gives us business confidence. There is an assignable cause…

 
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.

VIEW/DOWNLOAD

 

REPORT – PMPA Business Trends September 2024

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PMPA Business Trends September 2024

Sales remained in a tight 3-point range for the last 5 months. The average has stayed above 2023 year-end all year and we are currently only 3 points (2.1%) below our predicted year end value. Stability continues to be the story of 2024. Average hours worked continues to decrease.  Sentiment is riding around a neutral level reflecting the reduced volatility we have seen this year. Prepare for the growth that is to come.

 
If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing an excellent peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.

VIEW/DOWNLOAD

 

PMPA Southern California Chapter President’s Round Table

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President’s Round Table

 

Thursday, February 20, 2025
10:00am – 1:00pm Pacific

Metric Machining 
3263 Trade Center Drive
Riverside, CA 92507

 

Join us for a special morning with Brian Adams, President of R.F. Mau Co. and the 2025 PMPA National President. Beginning at 11 AM, hear from PMPA President Brian Adams on what he’s learned during his shop visits so far during his presidency, and how he’s used PMPA to the benefit of his company. Executive Director Cate Kurela Smith will provide the latest information from PMPA and review the top tips and helpful hints gleaned from the Management Update Conference being held February 6-8 in Orlando. Take this opportunity to take a casual tour of Metric Machining and also speak with one another to find new ideas to solve problems and find new efficiencies.

Registration Fee: $25.00 per person

Registration Deadline: Monday, February 17
REGISTER HERE