Senior Editor
- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Categories
- Additive Manufacturing
- Aluminum Welding
- Arc Welding
- Assembly and Joining
- Automation and Robotics
- Bending and Forming
- Consumables
- Cutting and Weld Prep
- Electric Vehicles
- En Español
- Finishing
- Hydroforming
- Laser Cutting
- Laser Welding
- Machining
- Manufacturing Software
- Materials Handling
- Metals/Materials
- Oxyfuel Cutting
- Plasma Cutting
- Power Tools
- Punching and Other Holemaking
- Roll Forming
- Safety
- Sawing
- Shearing
- Shop Management
- Testing and Measuring
- Tube and Pipe Fabrication
- Tube and Pipe Production
- Waterjet Cutting
Industry Directory
Webcasts
Podcasts
FAB 40
Advertise
Subscribe
Account Login
Search
American business success: Optimism peppered with pragmatism
- By Tim Heston
- March 19, 2013
After conversations with various fabricators since then, most tend to agree with him. Business is OK, not great, but big things may be on the horizon. One attendee said she was working through a massive pile of request-for-quotes and was wondering how she was going to get through them all. That’s not a bad problem to have. The recession purged many local markets, and fabricators that performed poorly (or were just unlucky) fell by the wayside. Now OEMs and top tier suppliers are calling on top-performing fabricators to deliver the goods.
Meanwhile, before this week’s troubles thanks to the mess in Cyprus, the stock market pushed into uncharted territory.
“The markets are nuts.”
So said Chris Kuehl, economic analyst for the Fabricators & Manufacturers Association, Intl., and managing director at Lawrence, Kan.-based Armada Executive Intelligence, pointed out in a recent e-newsletter. His comment (in Kuehl’s ever colorful style) reflects what the Bank of International Settlements (BIS) released in a report. According to Kuehl, the report said “there are far more things to be worried about than to be encouraged by.”
Besides the BIS’s comments, we read other news that you’d think would turn all of us into perennial Debbie Downers. We’ve got the euro crisis. Since 2000, manufacturing has shed 5 million jobs, and the White House recently put out a report trumpeting the industry’s potential as an engine for jobs. Yes, manufacturing has hired a half million back in the past four years. That’s great--but we’ve got 4.5 million to go. And as Kuehl pointed out, we’re probably not going to gain all those jobs back.
So what gives? Why the optimism? Well, it’s the American Way. In April The FABRICTOR® will be covering Milwaukee-based Super Steel, a manufacturer that went into receivership in 2010. A previous owner--in his mid-80s--purchased back the business and brought on a team to turn the business around. And they did. The company is back on the growth path, has more than doubled the size of its work force and tripled its revenue.
Business leaders weren’t totally quixotic; they peppered their optimism with pragmatism. But that optimism helped them march forth toward success. The story’s end seems so unlikely--and that, I feel, is what makes it so American.
subscribe now
The Fabricator is North America's leading magazine for the metal forming and fabricating industry. The magazine delivers the news, technical articles, and case histories that enable fabricators to do their jobs more efficiently. The Fabricator has served the industry since 1970.
start your free subscriptionAbout the Author
Tim Heston
2135 Point Blvd
Elgin, IL 60123
815-381-1314
Tim Heston, The Fabricator's senior editor, has covered the metal fabrication industry since 1998, starting his career at the American Welding Society's Welding Journal. Since then he has covered the full range of metal fabrication processes, from stamping, bending, and cutting to grinding and polishing. He joined The Fabricator's staff in October 2007.
- Stay connected from anywhere
Easily access valuable industry resources now with full access to the digital edition of The Fabricator.
Easily access valuable industry resources now with full access to the digital edition of The Welder.
Easily access valuable industry resources now with full access to the digital edition of The Tube and Pipe Journal.
Easily access valuable industry resources now with full access to the digital edition of The Fabricator en Español.
- Podcasting
- Podcast:
- The Fabricator Podcast
- Published:
- 04/16/2024
- Running Time:
- 63:29
In this episode of The Fabricator Podcast, Caleb Chamberlain, co-founder and CEO of OSH Cut, discusses his company’s...
- Trending Articles
How to set a press brake backgauge manually
Capturing, recording equipment inspection data for FMEA
Tips for creating sheet metal tubes with perforations
Are two heads better than one in fiber laser cutting?
Hypertherm Associates implements Rapyuta Robotics AMRs in warehouse
- Industry Events
16th Annual Safety Conference
- April 30 - May 1, 2024
- Elgin,
Pipe and Tube Conference
- May 21 - 22, 2024
- Omaha, NE
World-Class Roll Forming Workshop
- June 5 - 6, 2024
- Louisville, KY
Advanced Laser Application Workshop
- June 25 - 27, 2024
- Novi, MI