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February 24, 2022                         Vol 26  Issue #8    |   News   |   Events |   Weekly Archives   |   M&E Exchange

May 1-3, 2022     
The Pfister Hotel | Milwaukee, WI

Registration is Now Open! 
Don’t miss the biggest Technical Conference
for Precision Machining!

New This Year for NTC 2022
Who Should Attend?

Ever look at the NTC session descriptions and wonder which employee should go where?  Problem solved!  NTC 2022 sessions have been labeled not only by experience level, but by job function so you can get the right people in the right session.

27 sessions over two days directly focused on precision machining offering
three different tracks: Fundamentals, Mastery and Management

Check it out and register today!

And, remember to book your hotel room before the block fills up!


Sponsorships Available for NTC 2022

Looking to show your PMPA support while promoting your brand?  Be a conference sponsor for NTC.  Several sponsorship opportunities are still available:

  • Lanyards
  • Hotel Key Card
  • WiFi
  • Meals and Gatherings
  • Premier and Benefactor level sponsorships

Spring is Right Around the Corner…
and so are PMPA Chapter Events!!

Mark your calendars….PMPA social events are coming to a local Chapter near you!   Watch your emails for all the details and registration information in the next few weeks.

March 22 – 5:30 pm
Cleveland, OH

March 23 – 5:30 pm 
Bolingbrook, IL

March 24 – 5:00 pm
Waukesha, WI

March 30 – 5:30 pm
Ferndale, MI

March 28 – 5:30 pm
Grand Rapids, MI

April 6 – 5:30 pm
Worcester, MA

April 20 – 11:00 am
Laurel Steel Tour – Burlington, Ontario

Missed This Week’s Technical Tuesday Solutions Webinar?
Driving Improvements with Data: How a PMPA Member Saved $1.4M in 11 Months

 Manufacturing Positivity

Manufacturing Production
Manufacturing Production rose just 0.2 percent in January, up slightly after a 0.1 percent decline in December. Not bad, considering tariffs on raw materials, supply chain bottlenecks, workforce shortages and ongoing government orders related to COVID variants.
Total Industrial Production
Total Industrial Production climbed 1.4 percent in January – its highest value since December 2018.
Retail Sales
Retail Sales in January grew by 3.8 percent, reversing December’s 2.5 percent decline. Over the last 12 months, retail spending jumped 13 percent as the economy reopened.
Click on Press Release for Advance Monthly Retail sales at :
Business Inventories
U.S. total business end-of-month inventories for December 2021 were $2,206.7 billion, up 2.1 percent (+/- 0.1 percent) from last month.  This is in contrast to total US Business Sales which were $1,717.2 billion, down 0.7 percent (+/- 0.1 percent) from last month.
Link: click on the box for business inventories then download the press release.

Contract Review is Critical
According to a front page headline story in Automotive News, automaker Stellantis has issued new terms which place all risk on suppliers for “foreseeable disruptions.”

Apparently your shop in Punxatawney is supposed to take steps to ensure that no freighters get stuck in the Suez Canal. Pay attention to the terms of sale when dealing with your OEM customers. Terms like this could put you out of business- even if by escalating the attorney fees you need to pay to fight in case of such a dispute.

PMPA shared this critical news item via our member company CEO and Corporate listserves Monday.  Where do you get the breaking news that makes a difference?

This Week’s Speaking of Precision Podcast
A New Year Resolution for Your Business

Are You Taking Advantage of
Grainger Benefits?

PMPA member participation with Grainger has increased 30% over the past year – have you joined the Grainger bandwagon?  If not, take a good look at what they offer and how they can help drive your purchasing costs down.

Learn more: Grainger Value Advantage Program


PMPA Final Cut of the Week

Be sure to check out PMPA’s new Final Cut of the Week video clip, where you will get a snippet of this week’s manufacturing news that you might have missed while you were busy making essential parts!

Find us on Twitter and LinkedIn, and catch archived clips on the website.


Email Listserve Digest Option

You can never get enough information to help run your shops, and in a pinch where do PMPA members go for an answer to an immediate need?  The Listserves!

Sometimes, a listserve thread may take on a life of it’s own.  It can be a pleasant distraction and it engages a lot of people in conversation.  Or, it may be an annoyance to those who don’t like the build up of emails throughout their busy day.

You have an option!  If you would rather not receive individual listserve emails, you can change your receipt option to DIGEST and receive ONE email containing all the email posts for that list at the end of the day.

  • Go to the MY PROFILE page on the PMPA website and click on Edit My Email Lists.  You’ll need your PMPA passwords to log in.  (if you forgot those, click on Obtain Password on the MY PROFILE page)
  • Once on the Listserve Subscription page, you’ll note a drop-down box to the right of each listserve heading.  Choose one of these:
    • Not Subscribed (to NOT be on the list)
    • Subscribe (to receive individual emails)
    • Digest (to receive one daily email)

Questions?  Or need assistance?  Contact Staff at PMPA 440-526-0300



APPI Energy     Federated Insurance      Grainger      Mirabel     
 Paperless Parts     PartnerShip       Verifyle

Editor:  Renee Merker – Director, Communications and Events

Copyright © Precision Machined Products Association, All rights reserved.
6880 West Snowville Rd., Suite 200
Brecksville, OH  44141
PH: 440-526-0300

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