Month: January 2022

01/27/2022 – PMPA Weekly News Vol 26, Issue #4

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PMPA WEEKLY NEWS
January 27, 2022                              Vol. 26   Issue #4    
MANAGEMENT UPDATE CONFERENCE

HOTEL RESERVATION DEADLINE HAS PASSED!

If you need a room at the Westin New Orleans Canal Place, please contact Renee Merker at PMPA.
MANAGEMENT UPDATE CONFERENCE ATTENDANCE LIST 

The list keeps growing!
ATTENDANCE LIST

If you are not on the list, you need to register!!

REGISTER NOW!
For information on New Orleans COVID Guidelines:

NOLA COVID Guidelines
 

* Update Attendees will NOT be required to wear masks within the meeting space; the Westin Canal Place Hotel requests that you wear one in the hotel public spaces.

* Confirm mask/vax id/testing requirements with restaurant prior to arrival – they may differ.

Update Conference Welcomes Replacement Speaker: Ryan Pohl

We were advised a few weeks ago that, unfortunately, Randy Beck (Ernst&Young) would be unable to present in New Orleans.

The Update Committee has confirmed replacement speaker Ryan Pohl to discuss “Building Talent on Purpose.”  He will help take the mystery out of talent management by explaining how your company’s seemingly separate processes for recruiting, training and retention are actually connected, controllable and measurable.

Ryan offers a very down-to-earth perspective, having completed an apprenticeship as a CNC machinist, worked as a machine shop teacher, and for the last 15 years trained thousands of manufacturers at hundreds of different companies as an industrial trainer and consultant.  (Some of you may remember Ryan from a past NTC Conference.)


 
Conference Questions?

Contact Renee Merker 
or Cate Smith at PMPA
 

PMPA Welcomes New Members

MultiTech DuALL Precision – Addison, IL
Primary Contact: Cheryl Pyritz

Cutting Edge Machining Solutions – Drifting, PA
Primary Contact: Michael R Walsh

Jacquet Mid-Atlantic – Limerick, PA
Primary Contact: Stephen Clark

MedFab Manufacturing – Lakeville, MN
Primary Contact: Cory Michaelson

Shamrock Precision – Dallas, TX
Primary Contact: Corbin Embrey

Leupold & Stevens – Beaverton, OR
Primary Contact: Scott Copeland

Machining Technologies LLC– Webster, MA
Primary Contact: Jason Pelletier

 

Did You Know?

You can show your support of PMPA by displaying the PMPA Member logo on your website or email signature.
Download the PMPA Member logo from the MY PROFILE page of the PMPA website.

 
 

OSHA’s Emergency Temporary Standard for Vaccines, Masks and Testing Has Been Withdrawn

 
Known as the Vaccine and Mask Mandate or ETS, it applied to employers with 100 or more employees.  It was initially overturned in the 5th circuit, reconsidered by the 6th circuit, and stayed by the US Supreme Court.

On Monday, January 24, 2022, OSHA scheduled the Federal Register publication of its withdrawal notice to be printed on January 26, 2022. The summary states “OSHA is withdrawing the November 5, 2021, emergency temporary standard (ETS) which was issued to protect unvaccinated employees of large employers (100 or more employees) from the risk of contracting COVID–19 by strongly encouraging vaccination.” The withdrawal will be effective on January 26, 2022.

Link https://public-inspection.federalregister.gov/2022-01532.pdf
 

Manufacturing Positivity

  • The two regional manufacturing surveys from the Federal Reserve  last week showed mixed results. The Empire State Survey, reported activity contracting in manufacturing for the first time since June 2020, with declining new orders, slowing shipments, and employment. TheJanuary Manufacturing Business Outlook Survey.(MBOS)  produced by the Philadelphia Fed showed rebounding  general activity, shipments, and new orders for manufacturers in their region in January after slowing in December. Our takeaway, manufacturing growth just might start to be leveling.
     
  • Both surveys noted ongoing challenges with supply chain and inflationary pressures faced by manufacturers. The Empire survey’s indexes for future prices paid and received both rose to record highs. The Philly MBOS prices paid index increased 6 points to 72.5. Almost 73 percent of the firms reported increases in input prices, while none reported decreases; 27 percent of the firms reported no change. 
 
This Week’s Speaking of Precision Podcast

SWOT for Employee Retention and Recruitment
 
 

Exhibit at National Technical Conference 2022
(Attention Technical Members!)

Take advantage of an audience focused on precision machining –
sign up to exhibit at NTC 2022
  • One 6’ x30” skirted table / two chairs and one free electric drop!
  • A chance for direct selling to PMPA members – nominal giveaways are permitted.
  • Table Cost: $400
  • Technical Member Exhibits: Sunday, May 1 – 4:30-7:00 pm

A networking bar will be set up in the center of the ballroom (drink tickets will be provided).  Additional incentive to visit exhibit booths will be in the form of a “meet and greet” card. Attendees having at least 15 Exhibitor Stickers applied to their card will be eligible for one of three prizes in a drawing at the NTC Monday lunch and awards session. Prizes: $200 Amazon gift card; Ring Video Doorbell; 5 free raffle tickets to win a Notre Dame helmet autographed by Rudy Ruettiger (yes, THE Rudy!).

Contact Carli Kistler-Miller for details: 440-526-0300

 
 
UPCOMING EVENTS

FEBRUARY 15 – 2PM (EST)
APPI Energy 101
APPI Energy reviews the services they provide, from electricity and natural gas procurement to their full suite of energy efficiency and sustainability solutions.
REGISTER NOW!
 
 

PMPA AFFINITY PARTNERS

APPI Energy     Federated Insurance      Grainger      Mirabel      
Paperless Parts     PartnerShip     Verifyle
CONTACT PMPA STAFF

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
www.pmpa.org

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OSHA’s Emergency Temporary Standard for Vaccines, Masks and Testing has been withdrawn.

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OSHA’s Emergency Temporary Standard for Vaccines, Masks and Testing has been withdrawn

 

Known as the Vaccine and Mask Mandate or ETS, it applied to employers with 100 or more employees. It was initially overturned in the 5th circuit, reconsidered by the 6th  circuit, and stayed by the US Supreme Court.

On Monday, January 24, 2022, OSHA scheduled the Federal Register publication of its withdrawal notice to be printed on January 26, 2022. The summary states “OSHA is withdrawing the November 5, 2021, emergency temporary standard (ETS) which was issued to protect unvaccinated employees of large employers (100 or more employees) from the risk of contracting COVID–19 by strongly encouraging vaccination.” The withdrawal will be effective on January 26, 2022.

Link for more information:  https://public-inspection.federalregister.gov/2022-01532.pdf

01/20/2022 – PMPA Weekly News Vol 26, Issue #3

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PMPA WEEKLY NEWS
January 20, 2022                              Vol. 26   Issue #3    
MANAGEMENT UPDATE CONFERENCE

HOTEL RESERVATION DEADLINE HAS PASSED!

If you need to reserve a room at the Westin New Orleans Canal Place, please contact Renee Merker at PMPA.
MANAGEMENT UPDATE CONFERENCE ATTENDANCE LIST 

See who’s coming!
ATTENDANCE LIST

If you are not on the list – you need to register!!

REGISTER NOW!
Visit the Conference website for details on the conference program, speakers and registration

www.pmpa.org/update
 

 
For updated information on New Orleans COVID Guidelines:

NOLA COVID Guidelines
Conference Questions?

Contact Cate Smith or
Renee Merker at PMPA.

Update Conference Breakout Sessions

The Update Committee prides itself on choosing breakout session topics that are timely, relevant and of great interest to attendees.  This year is no exception.

Employee Recruitment: What Works!
Hear from a panel of your peers (Update Committee members Brian Adams/Parrish Castor/David Borish) as they share their best practices for recruiting.  PMPA’s Carli Kistler-Miller offers marketing tools for helping you to attract and recruit employees now!

Export Compliance and Cybersecurity Controls for Manufacturers in the Defense Industry
ITAR, DFARS, CMMC, Certification and Compliance – the PMPA IT Committee and Cole Blumer explain what they mean and why you need to know what they are if you are a manufacturer of military parts.

How to Avoid OSHA’s Increased Penalties
Melanie Webber, Fisher Phillips, looks at the issues you need to have covered to avoid the new (increased $$) penalties for OSHA.

More QBQ!
John Miller takes you beyond the initial keynote presentation with more meaningful and real-life stories of Personal Accountability.

The 7 Other Secrets to Employee Retention
Jeff Kortes provides actionable steps and strategies for keeping your best performers.

Technical Technology
Learn and hear directly from PMPA Technical members and Affinity Partners (Presenting Sponsors) on how their products and services can best serve you!
 

PMPA Welcomes New Members

Wauseon Machine & Manufacturing – Wauseon, OH
Primary Contact: Scott Anair

1factory – Milpitas, CA
Primary Contact: Nipun Girotra

Aviva Metals – Houston, TX
Primary Contact: Norman Lazarus

Genevieve Swiss Industries – Westfield, MA
Primary Contact: James Gosselin

Mazak Corporation – Florence, KY
Primary Contact: Terry Peer

Schwanog– Elgin, IL
Primary Contact: Holger Johannsen

Conroe Machine – Conroe, TX
Primary Contact: Spencer Chollar

SMW Autoblok – Wheeling, IN
Primary Contact: Larry Robbins

M & M Quality Grinding – Chicago, IL
Primary Contact: Susie Muthana

Edge Technologies – Maryland Heights, MO
Primary Contact: Kevin Meehan
 
 

The Power of PMPA Listserves
An answer is an email away!
Learn more about PMPA Listserves.
Subscribe to PMPA listserves via your Personal Profile on the website.
 

Manufacturing Positivity

Producer Prices Slow their Gain In December
Producer Prices for final demand goods rose just 0.2% in December for final demand goods and services, the slowest monthly gain since November 2020. Over the past 12 months, producer prices for final demand goods and services jumped 9.8% (seasonally adjusted), just shy of November’s record 9.9%. Core producer prices increased 6.9% year-over-year in December, the same pace as in November and remaining an all-time high.

On an unadjusted basis, final demand prices moved up 9.7 percent in 2021, the largest calendar-year increase since data were first calculated in 2010. The index for final demand goods moved down 0.4 percent in December, the first decrease since falling 2.8 percent in April 2020.
Link: https://www.bls.gov/news.release/pdf/ppi.pdf

Industrial and Manufacturing Production
Industrial production declined 0.1 percent in December with Losses of 0.3 percent for manufacturing from November, dropping back  from November’s 0.6% increase, which was the highest since December 2018. At 101.9 percent of its 2017 average, total industrial production in December was 3.7 percent higher than it was at the end of 2020 and 0.6 percent above its pre-pandemic (February 2020) reading.
 
Manufacturing production declined 0.3 percent in December but was up 3-1/2 percent over the past 12 months; in the fourth quarter, factory output rose nearly 5 percent at an annual rate. The index for motor vehicles and parts stepped down 1.3 percent in December and was about 6 percent lower than its year-earlier level. Excluding the motor vehicle sector, factory output dipped 0.2 percent, with similarly sized decreases for durables and nondurables.
Link: https://www.federalreserve.gov/releases/g17/Current/g17.pdf
 
 

Exhibit at National Technical Conference 2022!
(Attention Technical Members)

Take advantage of an audience focused on precision machining.

  • One 6’ x30” skirted table with two chairs and one free electric drop!
  • A chance for direct selling to PMPA members – nominal giveaways are permitted.
  • Only $400 for a table!

A bar will be setup in the middle of the ballroom (drink tickets will be provided).  Additional incentive to visit your booth will be in the form of a “meet and greet” card. If attendees have at least 15 Exhibitor Stickers applied to their card, they will be eligible for one of three prizes in a drawing at the Monday lunch and awards session.
 
 
This Week’s Speaking of Precision Podcast

Look at Your Chips!
 
 
UPCOMING EVENTS

JANUARY 26 – 11AM (EST)
Precision Degreasing of Aerospace Components
Hosted by the Manufacturing Cleaning Association, this webinar will discuss possible process enhancements to various cleaning systems or processes and provide some key ideas to consider implementing into you own cleaning processes
REGISTER NOW! 
Free to PMPA members: Use code “PMPA-MCA” to register
 

FEBRUARY 15 – 2PM (EST)
APPI Energy 101
APPI Energy reviews the services they provide, from electricity and natural gas procurement to their full suite of energy efficiency and sustainability solutions.
REGISTER NOW!
 
 

Ask Miles…

 
Be sure to ask a very happy Miles about his new “technology”!
 

PMPA AFFINITY PARTNERS

APPI Energy     Federated Insurance      Grainger      Mirabel      
Paperless Parts     PartnerShip     Verifyle
CONTACT PMPA STAFF

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
www.pmpa.org

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PMPA · 6880 W Snowville Rd Ste 200 · Brecksville, OH 44141-3255 · USA

01/14/2022 – PMPA Weekly News Vol 26, Issue #2

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PMPA WEEKLY NEWS
January 14, 2022                              Vol. 26   Issue #2     
MANAGEMENT UPDATE CONFERENCE
HOTEL RESERVATION DEADLINE EXTENDED TO JANUARY 19


Westin New Orleans Canal Place
HOTEL RESERVATIONS
Call 888-627-8180

REGISTER TODAY!
UPDATE CONFERENCE ATTENDANCE LIST 

See who’s coming to New Orleans

ATTENDANCE LIST
The City of New Orleans Reinstates Mask Mandate for all Indoor Public Spaces
(as of 2/12/22)

*Proof of vaccination or a negative antigen or PCR COVID-19 test taken within 72 hours before entry may be required to enter indoor dining/entertainment spaces in the city.  Please confirm with your venue if you are making dining reservations.

*(per the Westin Canal Place Hotel) masks WILL NOT be required once attendees enter conference sessions – they kindly ask that you mask up in their public spaces.

NOLA COVID Guidelines

Update Conference Speaker Feature: 
Lauren Saidel-Baker

Plan and Prosper

She may be another new ITR Economics “face” to PMPA members, but you will get the same great information, insights (and personality) from Lauren Saidel-Baker.

There have been changes in the economy over the past year and half, and there will be more in the months to come. 

Lauren will prepare you for the challenges and ongoing uncertainties in 2022 and will explore the opportunities and risks in terms of consumer trends, market opportunities, labor issues, production costs, and government initiatives.  
Update Conference Speaker
Lauren Saidel-Baker, ITR Economics
QUESTIONS about the Conference?

Contact Cate Smith or
Renee Merker at PMPA.
This Week’s Speaking of Precision Podcast

Management Update Conference Primer with Renee Merker

Miles Free and Renee Merker, Director of Communications and Events, give listeners a peek into what to expect from the upcoming Management Update Conference in New Orleans!
 
Mask and Vaccine Mandate Decision from the Supreme Court

Yesterday the United States Supreme Court issued its decision on the OSHA Vaccine and Mask Mandate / Emergency Temporary Standard. They have put the stay back in place, ruling against the administration and OSHA.  

PMPA promptly provided this information to our shops via the CEO, HR and Corporate Listserves. You can read the Court’s decision here.
 

PMPA’s Final Cut of the Week – First Release

The Final Cut of the Week video series launched today!  This video series is a two-to-three minute video sharing information you may have missed while you were busy making essential parts. Look for a new edition every Friday on PMPA’s LinkedIn and Twitter feeds. Current videos and archives can be found on PMPA.org

Be sure to connect to PMPA’s LinkedInpage or Twitteraccount so you don’t miss out on these weekly news clips.
 
 

Members in the News…

PMPA member, Michael Tamasi, President of AccuRounds (Avon, MA) was featured in US News this week regarding the latest obstacle in workforce.  As Omicron spreads, employees have to call off because of infection or exposure forcing shops to come up with creative scheduling to get the jobs completed. 

LINK:  USNews.com

Steven Tamasi, CEO of Boston Centerless (Woburn, MA) was featured in the Wall Street Journal, talking about what it takes to keep workers working and keep the shop floor operating during the recent Omicron outbreak.

LINK:  WSJ.com
 

Manufacturing Positivity

Manufacturing Expansion Slows (but Continues!) In December
Chad Moutray at NAM reports that “The ISM Manufacturing Purchasing Managers’ Index declined from 61.1 in November to 58.7 in December, expanding at the slowest pace since last January. Even with some easing, new orders and production ended the year with solid growth, and hiring rose at the fastest rate since April. Measures of delivery times and cost pressures continued to reflect a challenging environment but have pulled back from recent records.”
 
Manufacturing New Orders
US Census Bureau Reported that New orders for manufactured goods in November increased $8.4 billion or 1.6 percent to $531.8 billion, up eighteen of the last nineteen months. This followed a 1.2 percent October increase. Shipments, also up eighteen of the last nineteen months, increased $3.5 billion or 0.7 percent to $527.0 billion. This followed a 2.0 percent October increase. Unfilled orders, up ten consecutive months, increased $9.1 billion or 0.7 percent to $1,260.1 billion. This followed a 0.3 percent October increase. The unfilled orders-to-shipments ratio was 6.78, up from 6.77 in October. Inventories, up seventeen of the last eighteen months, increased $5.3 billion or 0.7 percent to $770.0 billion. This followed a 0.9 percent October increase. The inventories-to-shipments ratio was 1.46, unchanged from October. Link: (click on Manufacturers Orders)

LINK: https://www.census.gov/economic-indicators/
 
Trade Statistics- Goods Exports
According to the US Census Bureau and the US Bureau of Economic Analysis, Average exports of Goods Increased $3.7 billion to $218.3 Billion in November. November Exports were $224.2 billion, up $0.4 billion from October report. Year to Date, Exports increased $354.4 Billion or 18.2 percent. Never the less, The goods trade deficit soared to a record $98.99 billion in November, Nevertheless year to date the goods and services deficit increased $174.6 billion, or 28.6 percent, from the same period in 2020. Exports increased $354.4 billion or 18.2 percent. Imports increased $529.0 billion or 20.7 percent. Link: (click on Manufacturers’ Goods)

LINK: https://www.census.gov/economic-indicators/
 
UPCOMING EVENTS

JANUARY 18 – 1PM (CT)
OSHA Top Ten Webinar
Hosted by Federated Insurance, this webinar will take a look at OSHA’s most recent Top Ten violations and will focus on risk management policies, procedures and training resources to implement and help reduce employee accidents and injuries.
REGISTER NOW!
 

JANUARY 26 – 11AM (EST)
Precision Degreasing of Aerospace Components
Hosted by the Manufacturing Cleaning Association, this webinar will discuss possible process enhancements to various cleaning systems or processes and provide some key ideas to consider implementing into you own cleaning processes
REGISTER NOW! 
Free to PMPA members: Use code “PMPA-MCA” to register
 

FEBRUARY 15 – 2PM (EST)
APPI Energy 101
APPI Energy reviews the services they provide, from electricity and natural gas procurement to their full suite of energy efficiency and sustainability solutions.
REGISTER NOW!
 
 

PMPA AFFINITY PARTNERS

APPI Energy     Federated Insurance      Grainger      Mirabel      
Paperless Parts     PartnerShip     Verifyle
CONTACT PMPA STAFF

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
www.pmpa.org

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You can update your preferences or unsubscribe from this list.
This email was sent to <<Email Address>>
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PMPA · 6880 W Snowville Rd Ste 200 · Brecksville, OH 44141-3255 · USA
 

01/07/2022 – PMPA Weekly News Vol 26, Issue #1

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PMPA WEEKLY NEWS
January 7, 2022                              Vol. 26   Issue #1     
MANAGEMENT UPDATE CONFERENCE
New Orleans, Louisiana
February 10 – 13, 2022

HOTEL RESERVATION DEADLINE: JANUARY 14


Westin New Orleans Canal Place
HOTEL RESERVATIONS
Call 888-627-8180

REGISTER TODAY!
CONFERENCE SPONSORSHIPS AVAILABLE UNTIL JANUARY 14
Show your support for PMPA
Be a Meeting Sponsor!

Contact Renee Merker at PMPA or Bryce Ellis at Gardner Business Media

SPONSORSHIP DETAILS

Management Update Conference Speaker Feature:  Mike Friday

Transforming Teams and Nurturing Talent
 

Mike Friday is the head coach of the USA Olympic Men’s Rugby Team, a team he built and molded from scratch and then coached to a sixth place standing in the 2020 Tokyo Summer Olympics (the highest finish for a USA rugby team)!  

Mike will share his personal strategies and tips for building, motivating and nurturing a winning team, and how those same strategies, values and morals can apply to “coaching” your shop floor employees.  We think you will enjoy this interactive and engaging “interview-style” discussion with Mike.
Update Conference Speaker
Mike Friday
 
From the Desk of Cate Smith…

As we prepare for the Strategic Planning Committee meeting coming later this month, we’ve reflected on what a great year PMPA had in 2021 and how we truly appreciate your support during our journey.

We continued to offer stalwart conferences and meetings, started to bring back chapter networking events, added new online educational opportunities, and advocated for and informed you on myriad governmental issues.

A few other highlights from this year include:

  • Created Technical Tuesday Solutions webinars and launched a searchable Knowledge Center on website
  • Continued to represent your interests through dialog with The Franklin Partnership, our DC-based lobbying firm, and through the Coalition for Workplace Safety
  • Released PMPA’s 100th podcast episode, Monday with Miles
  • Supported your need to enhance your bottom line by finding savings opportunities with new Affinity Partners 
…and so much more.
 
You’ll see more details about these highlights in the letter which will accompany your 2022 dues invoice.  Watch for an email soon about PMPA’s New Year’s Resolutions, and how we can help you with yours!

Cate Smith, PMPA Executive Director
 

100th Episode of PMPA’s Podcast:
Speaking of Precision-Monday with Miles

 
IT IS OUR 100th EPISODE! 
For this momentous occasion, PMPA President Aneesa Muthana, President of Pioneer Service Inc. in Addison, IL , joins Miles Free for a candid conversation. You don’t want to miss this!
 
This Week’s Speaking of Precision Podcast
100th Episode – Interview with Aneesa Muthana
 

PMPA in Production Machining Magazine
January 2022 Issue

  • Meet PMPA’s New President, Aneesa Muthana by Miles Free III
  • SWOT for Employee Retention and Recruitment by Carli Kistler-Miller
  • Market Insight – Lawn & Garden Tractor, Home Lawn & Garden Equipment Manufacturing by Joe Jackson
 
 
 
 
UPCOMING EVENTS

JANUARY 18 – 1PM (CT)
OSHA Top Ten Webinar
Hosted by Federated Insurance, this webinar will take a look at OSHA’s most recent Top Ten violations and will focus on risk management policies, procedures and training resources to implement and help reduce employee accidents and injuries.
REGISTER NOW!
 

FEBRUARY 15 – 2PM (EST)
APPI Energy 101
APPI Energy reviews the services they provide, from electricity and natural gas procurement to their full suite of energy efficiency and sustainability solutions.
REGISTER NOW!
 
 

PMPA AFFINITY PARTNERS

APPI Energy     Federated Insurance      Grainger      Mirabel      
Paperless Parts     PartnerShip     Verifyle
CONTACT PMPA STAFF

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
www.pmpa.org

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.
This email was sent to <<Email Address>>
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PMPA · 6880 W Snowville Rd Ste 200 · Brecksville, OH 44141-3255 · USA

MARKET INSIGHT – Lawn & Garden Tractor Home Lawn & Garden Equipment Manufacturing

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MARKET INSIGHT – Lawn & Garden Tractor Home Lawn & Garden Equipment Manufacturing

NACIS 333112 | $8,023,865,000

by Joe Jackson

Marketing & Events Assistant, PMPA

Published January 1, 2022

The parts that our precision machining shops manufacture provide essential functionality for the many applications that the outdoor power equipment manufacturing industry provides such as lawn and garden tractors, hedge trimmers, tillers, shredders, yard vacuums and leaf blowers.

 

Top 5 Companies

  1. MTD Holdings Inc., OH
  2. Husqvarna Group, NC
  3. Echo Inc., IL
  4. Oldcastle Lawn & Garden Inc., GA
  5. Commercial Grounds Care Inc., WI

 

  • The precision turned products manufacturing sales are 2.6 times that of the lawn and garden tractor and home lawn and garden equipment manufacturing.
  • At minimum, 31% of the sales in the lawn and garden tractor and home lawn and garden equipment manufacturing industry comes out of Ohio.
  • The lawn and garden tractor and home lawn and garden equipment manufacturing industry spends $9.8 billion on materials, components, supplies, minerals and machinery.
  • If Precision Turned Products is only 1% of this industry’s spending, that would equate to $98 million in sales opportunity for precision machining shops.
  • The lawn and garden tractor and home lawn and garden equipment manufacturing industry is very concentrated. Of the 267 companies verified in this NAICS Code, the top two companies make up 58% sales in this industry.

 

Source: U.S. Census, NAICS.com

 

Download Magazine Article

 

 

 

Author

Joe Jackson

Marketing & Events Assistant, PMPA

Email: gro.apmp@noskcajj — Website: pmpa.org.