Precision Metalforming Association (PMA)

Independence, OH 44131

Contact

6363 Oak Tree Blvd.

Independence, OH 44131

United States

https://www.pma.org/home/

Phone:(216) 901-8800

More info on Precision Metalforming Association (PMA)

PMA is the full-service trade association representing the $137-billion metalforming industry of North America—the industry that creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes. Its more than 800 member companies also include suppliers of equipment, materials and services to the industry. PMA leads companies toward superior competitiveness and profitability through advocacy, networking, statistics, the PMA Educational Foundation, FABTECH tradeshows, and MetalForming and 3D Metal Printing magazines.

Construction activity picked up in the later half of 2020, helping to increase equipment demand for many manufacturers.

Heavy Equipment Markets See Positive End to 2020 and Brighter Outlook for 2021

Despite the challenges of 2020, many manufacturers in the heavy equipment industries saw improvement in the fourth quarter and anticipate a better 2021.

Adobe Stock 172041052

Metalformers Express Optimism for Improved Economic Activity

Metalformers expect a rise in incoming orders in the next 3 months, with 50% of respondents to PMA's January Business Conditions Report forecasting an increase in orders.

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Metalformers Predict Little Change in Economic Activity

According to the December PMA Business Conditions Report, 49% of metalforming companies expect no change in economic activity in the next 3 months.

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Increasing Number of Metalformers Predict Decline in Coming Months

According to the latest PMA Business Conditions Report, metalforming companies expect a decline over the next 3 months.

Adobe Stock 334169966

Metalformers Predict Little Change in Economic Activity

PMA’s October report shows that 58% of metalforming companies expect no change in economic activity in the next 3 months.

Adobe Stock 187730041

PMA September 2020 Business Conditions Report Shows Improvement

PMA’s September report shows that 40% of metal forming companies predict an improvement in economic activity during the next 3 months.

Metalformers Optimism Increases Despite Ongoing Supply Chain Challenges

PMA's January 2022 Business Conditions Report shows 43% of companies expect an improvement in orders in the next 3 months.

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Metalformers Continue to Experience Supply Shortages and Other Challenges

PMA's November Business Conditions Report shows member activity is strong but challenges with sourcing raw materials continue to plague many.

Adobe Stock 193197891

Supply Chain and Other Challenges Continue to Plague Metalforming Companies

PMA's October business conditions report shows 25% of metalforming companies are predicting a drop in economic activity in the next 3 months.

Adobe Stock 143600387

Metalforming Companies Face Challenges with Supply and Worker Shortages

PMA’s September report shows that only 26% of metalforming companies forecast an increase in economic activity in the next 3 months as challenges continue with raw materials and worker shortages.

Adobe Stock 176402796

Lead Times Negatively Impacting Outlook for Metalforming Companies

The August 2021 Precision Metalforming Association Business Conditions Report shows 64% of survey respondents reported longer lead times, an increase from July.

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Supply Challenges Continue to Impact Metalformers’ Outlook

PMA's June 2021 Business Conditions report shows 66% of metalformers are experiencing increased lead times which is impacting their businesses.

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Metalformers Optimism Increases Despite Ongoing Supply Chain Challenges

PMA's January 2022 Business Conditions Report shows 43% of companies expect an improvement in orders in the next 3 months.

Adobe Stock 84086406

Metalformers Continue to Experience Supply Shortages and Other Challenges

PMA's November Business Conditions Report shows member activity is strong but challenges with sourcing raw materials continue to plague many.

Adobe Stock 193197891

Supply Chain and Other Challenges Continue to Plague Metalforming Companies

PMA's October business conditions report shows 25% of metalforming companies are predicting a drop in economic activity in the next 3 months.

Adobe Stock 143600387

Metalforming Companies Face Challenges with Supply and Worker Shortages

PMA’s September report shows that only 26% of metalforming companies forecast an increase in economic activity in the next 3 months as challenges continue with raw materials and worker shortages.

Adobe Stock 176402796

Lead Times Negatively Impacting Outlook for Metalforming Companies

The August 2021 Precision Metalforming Association Business Conditions Report shows 64% of survey respondents reported longer lead times, an increase from July.

Adobe Stock 272260853

Supply Challenges Continue to Impact Metalformers’ Outlook

PMA's June 2021 Business Conditions report shows 66% of metalformers are experiencing increased lead times which is impacting their businesses.

Adobe Stock 302729557

Growing Concern About Lead Times Dampens Metalformers’ Outlook

PMA's May 2021 Business Conditions Report shows 71% of respondents indicated a rise in lead times from the previous month due to challenges finding raw materials.

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PMA April Business Conditions Report Shows Metalformers Optimistic but Lead Times Continue to Increase

The April 2021 report shows that 56% of metalforming companies forecast an improvement in economic activity, though increased lead times for steel and other materials pose challenges.

Adobe Stock 176402796

Metalformers More Optimistic but Concerns Continue Over Lead Times

Sixty percent of respondents to PMA's March Business Conditions Report said lead times for materials have increased compared to the previous 3 months.

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Metalforming Companies Expect Little Economic Change but Lead Times Draw Concern

PMA's February Business Conditions Report shows business conditions are steady but material lead times continue to increase, which is causing concern for many manufacturers.

Construction activity picked up in the later half of 2020, helping to increase equipment demand for many manufacturers.

Heavy Equipment Markets See Positive End to 2020 and Brighter Outlook for 2021

Despite the challenges of 2020, many manufacturers in the heavy equipment industries saw improvement in the fourth quarter and anticipate a better 2021.

Adobe Stock 172041052

Metalformers Express Optimism for Improved Economic Activity

Metalformers expect a rise in incoming orders in the next 3 months, with 50% of respondents to PMA's January Business Conditions Report forecasting an increase in orders.

Adobe Stock 334169966

Metalformers Predict Little Change in Economic Activity

According to the December PMA Business Conditions Report, 49% of metalforming companies expect no change in economic activity in the next 3 months.

Adobe Stock 193197891

Increasing Number of Metalformers Predict Decline in Coming Months

According to the latest PMA Business Conditions Report, metalforming companies expect a decline over the next 3 months.

Adobe Stock 334169966

Metalformers Predict Little Change in Economic Activity

PMA’s October report shows that 58% of metalforming companies expect no change in economic activity in the next 3 months.

Adobe Stock 187730041

PMA September 2020 Business Conditions Report Shows Improvement

PMA’s September report shows that 40% of metal forming companies predict an improvement in economic activity during the next 3 months.

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Metalforming Companies Remain Cautious as Economic Challenges Continue

The PMA August 2020 Business Conditions Report shows its members continue to anticipate challenges during the next 3 months.

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Optimism Declines for Metalforming Companies as Economic Challenges Remain

The July 2020 PMA Business Conditions Report shows 62% of metalforming companies predict no change or a decline in economic activity in the coming months.

PMA says metalforming companies are anticipating an increase in orders for the coming months.

PMA June 2020 Business Conditions Report Shows Optimism for Improved Conditions

The Precision Metalforming Association's latest report shows members expect an improvement in business conditions with 57% anticipating an increase in orders.