Industry News

09
According to the latest NAM/IndustryWeek Survey of Manufacturers, which will be released this morning, business leaders remain mostly confident about activity over the coming months. In fact, 88.5 percent of respondents said they were either somewhat or very positive about the own company’s outlook, and the data are consistent with 3 percent growth in manufacturing production over the next two quarters. Yet, manufacturers who replied to this survey were slightly less upbeat than they were three months ago, when 91.2 percent of respondents were positive in their outlook. Sales, exports and hiring expectations over the next 12 months also decelerated slightly, even as they remain improved from the paces seen a year ago.

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06
Wisconsin Oven Corporation announced the shipment of two (2) electrically heated walk-in batch ovens that will be used for baking tool castings and curing powder coatings. Due to the limited height of doorways and a freight elevator in the customer’s 150 plus year old mill building, the ovens were built with a horizontal split line.

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05
Led by industry experts, educational/technical sessions at the 2015 Powder Coating Show boast a wealth of knowledge that will ensure your company's success with "The Winning Finish". This year's show features the following tracks:
  1. Advanced Technology Finishes First
  2. Optimize & Stop Horsing Around
  3. Powder Coating Around the Track
  4. Business Strategies - The Winning Bet
  5. Coatings & Cure - A REPEAT Session Champion

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04

In an essay for the Olympian (WA) (3/3) jointly written with the Association of Washington Business’ Kris Johnson, NAM President and CEO Jay Timmons argues that a “renaissance” in manufacturing could propel the US to a period of sustained economic growth. Noting that the sector contributes $2 trillion to the national economy, or nearly 12% of GDP, and supports “a million jobs” in Washington state, Timmons and Johnson say the numbers could be even better, mainly through pro-trade legislation in Congress such as the granting of trade promotion authority, or TPA, to the president. This would lead to the opening of “new markets in the Asia Pacific and beyond that will support higher-paying jobs” throughout the Pacific Northwest. Also, “as one of the most trade-dependent states in the nation, Washington specifically must adopt a regulatory environment that encourages exports, rather than limiting them,” the writers add. “Any factor — be it regulatory failure, politics, or trade barriers — that hinders the export of any American goods to the Pacific Rim, ultimately harms workers in Washington [state] and in America,” Timmons and Johnson conclude.

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02
While manufacturers remain mostly optimistic in their outlook, we have seen softness in a number of recent economic indicators. Slower economic growth internationally, a stronger U.S. dollar, reduced crude oil prices and the West Coast ports slowdown have been cited as reasons for this weaker-than-desired performance. Along those lines, real GDP growth in the fourth quarter was revised lower, down from 2.6 percent to 2.2 percent. In addition, surveys from the Dallas, Kansas City and Richmond Federal Reserve Banks all reflected decelerated levels of new orders and exports. Most notably, Texas manufacturers have been adversely impacted by the sharp drop in petroleum prices, dampening demand throughout the energy supply chain and for the larger regional economy. Yet, even in the Dallas report, respondents continued to be more positive than negative in their expectations for sales, production, employment and capital spending over the next six months.

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26
PHILADELPHIA--(BUSINESS WIRE)--Axalta Coating Systems (NYSE: AXTA), a global supplier of liquid and powder coatings, announces the expansion of its global product portfolio to include manufacturers of agricultural, construction and earthmoving equipment (ACE). The combination of AquaEC™ electrocoat and key liquid and powder coatings coupled with the company’s global footprint position Axalta to meet the demanding technology and performance requirements of heavy equipment manufacturers.

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24
Trojan Powder Coating has received and industry certification from Qualicoat, making them the first United States-based company to receive its European Qualicoat license.

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24
Register now for this 1.5-day, introductory workshop that focuses onmaterials, application, reclamation, testing and evaluation, quality control, the manufacturing process, and much more. This workshop includes classroom as well as laboratory time.

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23

The Washington Times (2/22, Boyer) reported that President Obama on Saturday “called on lawmakers ... to complete the legislation” that would give him trade-promotion authority. During his weekly media address, Obama said the “bipartisan legislation” would “protect American workers, and promote American businesses, with strong new trade deals from Asia to Europe that aren’t just free, but are fair.”

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20
"If you are not growing, you are falling behind.” Most people in business understand this intuitively and even structure their businesses ar...

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