PMPA Business Trends May 2021

 

The PMPA Business Trends Sales Index registered a 129 for May, down 5.1percent from last month’s 136.  This was the second consecutive month low from the record of 152 in March, but still 6.1 percent above the five year average for May. All sentiment indicators for the next three months were high, while projected lead time reached its highest value ever with 96 percent of responding shops expecting leadtimes to remain the same or lengthen in the next three months.

 

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How to Maximize PPP Loan Forgiveness

 

There is still ambiguity regarding the process of spending Paycheck Protection Program (PPP) loan funds during the 8-week period of receiving the funds. This has left borrowers wondering, how can I become eligible for loan forgiveness?

In this webinar we discuss how your PPP loan funds should be spent and how they should be tracked so you loan can become eligible for forgiveness. We also have a Q&A session at the end of our webinar.

This is an unprecedented time in our country’s history and economy. Don’t miss this opportunity to learn how to maximize your PPP loan funds so you can receive the most loan forgiveness.

 

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It’s Our Business to Protect Yours!

Federated Insurance provides a brief history as well as an overview of our structure to serve PMPA Members. We review recommended insurance programs and specialized coverages specific to the machining and manufacturing industry, and an overview of our risk management services and tools available to clients to assist in operating their business.

 

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All Things Grainger for PMPA Members

 

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Grainger, a PMPA endorsed member benefit provider covers the newly minted Grainger/PMPA agreement and discuss the NEW Committed Offer Program. Grainger also reviews the range of services provided as well as a focus on key segments of every members business: Metalworking, safety, inventory management and even roof repair. 

 

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Shipping Programs for PMPA Members

 

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PartnerShip, a PMPA endorsed member benefit provider that manages the PMPA Shipping Program, will be providing a free webinar that will demonstrate 5 key strategies to help businesses reduce shipping expenses. Here’s your chance to learn about your shipping options, and what can be done to lower your overall shipping expenses.

 

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All Things Energy for PMPA Members

 

APPI Energy, a brand new Affinity Partner of PMPA will walk through all of the energy solutions that can it can provide for PMPA Members. Noel Temple of APPI Energy will review the Marseilles Lock and Dam Hydroelectric Water Power Project as well as combined heat and power energy efficiency, demand response program compensation, turnkey LED lighting programs, solar PV solutions, utility bill management, procurement processes and much more!

 

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