PMPA March 2021 Business Trends Report

 

The PMPA March 2021 Business Trends Report showed an increase in Net Sales Indicator of 16.9 percent, to a new record high of 152. Interestingly, the hours of production scheduled increased just 0.6 hour or 1.4 percent.

64 percent of shops scheduled overtime in March. The Business Trends Sales Index outperformed  the Federal Reserve’s Total Industrial Production, and manufacturing production indicators for March. Quarter4 2020 to Quarter 1 2021 our Index rose 7.03% while the Fed reported Q4 2020 to Q1 2021 GDP to have increased 6.4% annualized.

The actual performance and forward looking sentiment of our responding shops continues to reinforce our positive outlook for business as long as we can obtain necessary raw materials and supplies.

 

 

PMPA BUSINESS TRENDS MARCH 2021

 

 

Mitigating Risk: Fire Suppression & Insurance by Firetrace International

May 18, 2021 | 11 AM EST

This Technical Tuesday Solutions webinar will tackle the three main questions that come up when dealing with mitigation risk as it related to fires in the workplace. Ryan Ballentine, Russ Taylor and Jeff Gagnon will all be on hand to answer how insurance companies view risk mitigation in machine shops, what role fire suppression plays in acceptability and rates, as well as how fires impact rates and the bottom line of machine shops!

 

REGISTER HERE

 

PMPA Michigan Chapters Legislative Roundtable

 

May 13, 2021 | 1:00 PM EST

 

Join us for a broad discussion of federal, state and local legislative and regulatory issues that affect the daily operations of PMPA members in the State of Michigan. John Guzik, Founding Partner of the Franklin Partnership, PMPA’s Legislative Affairs firm will present the latest and moderate our discussion.

 

REGISTER HERE

 

CCAT Programs – April 2021

 

CCAT Programs for CT Manufacturing companies

  • CCAT is facilitating StanleyX’s DEEPHOW pilot projects this year, with cohorts starting again in May, July and October, with FREE access to this AI learning technology tool.  For more information or to apply go to CCAT’s DeepHow Pilot Program  
  • Free, online 180 Skills licenses are available to CT manufacturing companies – and ALL your employees. Flyer attached – new Diversity, Equity and Inclusion course!
    • Over 700+ courses available for CT manufacturing employees. Sign up online or reach out to Eileen to get your whole team registered for this free online learning!

 

Upcoming Industry 4.0 & Digital Technology Workshops (www.ccat.us/events) And Funding to help you adapt many of the new technologies introduced in these workshops is available: 

 

    • On-Demand Technical Workshops – Available Anytime
      • Automation & Robotics
      • Additive Manufacturing
      • Internet of Things (IoT)
      • Big Data & Analytics
      • Digital Technologies

 

Money for Manufacturing Programs – MATCHING GRANT PROGRAMS, flyer attached or Money for Manufacturing to access

o   Connecticut Additive Manufacturing Adoption Program (AMAP) – NEW!

      • $100,000 to help infuse additive manufacturing technologies into your production environment.
        The window for accepting applications will run from April 1 to May 31, 2021.

o   Connecticut Manufacturing Innovation Fund Voucher Program (MVP)

      • $49,000 to conduct a project aimed at improving your manufacturing productivity, efficiency and competitiveness.

        Administered on a first-come first-served basis.

o   Connecticut Manufacturing IoT Integration Voucher Program (IVP)

$20,000 to assist with the implementation of IoT solutions on your manufacturing floor.Administered on a first-come first-served basis.

 

CCAT 180 Skills with DEI Course Graphic

 

CCAT GRANT PROGRAMS GRAPHIC

Retooling the Workforce

 

Workforce Development is a mission of the Lorain County Manufacturing Sector Partnership.

Who We Are

The Lorain County Manufacturing Sector Partnership (LCMSP) is an employer-led group committed to promoting manufacturing and growing the available workforce in the region for manufacturing companies. The LCMSP is a Working Group of the Lorain County Manufacturing Council, a 501(c)(3) serving manufacturers in Lorain County.

Lorain County Manufacturing Sector Partnership Website

 

Absolute Machine Tools has a published article in the Spring 2021 issue of Pulse Magazine titled “Retooling the Workforce” and has been working with LCMSPW to continuously improve workforce development in our area.

Retooling the Workforce Article

 

Subscribe to Pulse Magazine Here