- 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
What's hot—What's not
- By Vicki Bell
- August 7, 2008
This post isn't about the dog days of summer, nor is it a list of Paris Hilton's "that's hot" endorsements. Rather it's a glimpse of one metal bending company that has a $7.4 billion backlog of projects—now that's hot.
It also is about the hottest manufacturing sectors in the U.K. And it touches on something that definitely is not hot.
Aug. 4, Barron's, a publication for investors, profiled Chicago Bridge & Iron, a company that has been in business for more than a century and not only has survived, but is poised for significant growth. Why? Because the company specializes in energy-infrastructure projects, including liquefied-natural gas (LNG) projects, which account for 55 percent of its revenue; refining, nuclear, and petrochemical work; and steel plate structures, like water- and oil-storage tanks. And infrastructure spending is projected to continue for decades.
According to Barron's, the company traces its history to 1889, when a wooden bridge builder, Horace Horton, joined forces with a Kansas City business to form a metal-fabricating company on Chicago"s South Side. The company now is based in the Netherlands, but its operating headquarters is located in Texas. It still maintains more than a dozen facilities in the U.S., including one almost in my backyard.
Infrastructure is a hot sector for fabricators worldwide, but it didn't make the list of the U.K.'s fastest growing manufacturing segments, as reported in the Financial Times. What did?
No. 1 with a bullet (pun intended) is the weapons sector. Reportedly, the output of weapons—a subset of the much broader military equipment industry—has grown by an average of 12.4 percent a year in the five years from 2002 to 2007, the best showing of any segment of manufacturing, and well above the average annual growth in U.K. manufacturing of 0.6 percent over this period.
No. 2 is the motorcycles/bicycles sector, which has grown by 8.6 percent a year over the reported period.
Completing the list in descending order are aerospace (6.9 percent), industrial equipment (6.0 percent), concrete products (5.4 percent), domestic appliances (4.9 percent), metal tubes (4.8 percent), iron and steel (4.6 percent), fish processing (4.4 percent; the British do love their fish and chips), and instruments (4.3 percent).
Is it too much of a stretch to think that the metal tube and iron and steel growth is due in part to metal theft creating the need for replacement material? Metal theft in the U.K. and elsewhere was illustrated in a recent blog post on thefabricator.com. It also was the topic of an article in the Atlanta Journal-Constitution Sunday, Aug. 3, that began by saying:
"The pews are empty at Calvary Temple Holiness Church on Atlanta's scorching summer Sundays. Scrap-metal thieves have stripped the East Atlanta church of its air conditioning.
"'They just completely destroyed them beyond repair,'" church board chairman Richard Bradford said. The thieves caused more than $30,000 in damage getting at less than $50 worth of copper."
Hot has many meanings. The church's parishioners are hot—both from the heat and under the collar because of the crime.
The stolen metal is hot.
Metal theft is a hot topic, but the crime is not at all hot in the coolest sense of the word.
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
Vicki Bell
2135 Point Blvd
Elgin, IL 60123
815-227-8209
- 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
AI, machine learning, and the future of metal fabrication
Employee ownership: The best way to ensure engagement
Steel industry reacts to Nucor’s new weekly published HRC price
Dynamic Metal blossoms with each passing year
Metal fabrication management: A guide for new supervisors
- 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