Metalformers’ outlook brighter as manufacturing sector improves
Feb 15, 2011 | 11:42 AM
Metal roll-formers, stampers, machinists and fabricators have seen demand for their products improve, but they remain worried about rising raw material costs.
Fifty-one percent of metalformers surveyed this month by the Precision Metalforming Association (PMA) predict the trend of general economic activity will improve over the next three months, up from 47 percent last month. Some 48 percent said their January shipments were above those of three months ago compared with 26 percent a month ago, and a whopping 61 percent said incoming orders will trend upward through April vs. 52 percent previously.
"Certainly, business has improved month over month and over last year, and we expect that to continue past the next three to six months," Colin Cosgrove, sales manager for Laystrom Manufacturing Co., Chicago, told AMM Tuesday.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.