IHEA

IHEA Monthly Economic Report — Stability or Confusion?

/ FEATURED NEWS, HEAT TREAT ECONOMIC NEWS, MANUFACTURING HEAT TREAT

We begins this month’s economic report with a special request: Please register and attend the International ThermProcess Summit (ITPS) in Atlanta next week, July 30-August 1. This event, sponsored by IHEA, is meant for high-level executives in the heat treating industry including manufacturers with in-house heat treat as well as industry suppliers and contract heat treaters. Click here for more information. Thank you. Now on to our report…

IHEA Transportation Index June 2018
Transportation was up strongly in June. Source: IHEA Monthly Economic Report

This month’s Industrial Heating Equipment Association (www.ihea.org) economic summary report shows sustained growth in nearly all sectors. The report, issued monthly to key executives whose companies are members of IHEA, summarizes approximately 12 indicators determined to be important to the thermal processing market. These indices include metal prices, housing starts, durable goods orders, purchasing managers index, credit managers index, a transportation index, new car & light truck sales, as well as others. The 12-13 page report, provided to IHEA by The Armada Group, IHEA’s exclusive economic advisor, provides not just a summary of the index movements, but an in depth explanation of the factors affecting each index. The report has been a valuable tool for key executives in IHEA member companies.

IHEA Steel Consumption Index
Steel consumption was up significantly in June. Source: IHEA Economic Survey

This month’s report showed an increase in the transportation index, steel consumption, and housing starts. Flat this month were factory orders, durable goods, and capital expenditures, as well as the PMI and industrial capacity utilization. Tariffs, or the threat of tariffs, continue to loom large over the direction of the economy. It is speculated that steel consumption is up strongly due to preemptive purchases, purchases made by many manufactures in advance of what they consider will be significant tariff price hikes.

For a complete copy of the monthly report, please email Anne Goyer.

Ann Goyer, Executive Director of IHEA
Ann Goyer, Executive Director of IHEA

IHEA Monthly Economic Report — Stability or Confusion? Read More »

Register for ITPS/IFCS and Save 25% with Promo Code!

/ HEAT TREAT NEWS INDUSTRIES

The International ThermProcess Summit (ITPS) and the International Finishing & Coatings Summit (IFCS) provides a unique platform to help manufacturing management stay on top of the latest trends and innovations impacting their manufacturing operations. Joint general sessions will feature topics of critical importance to all manufacturing leadership while two concurrent breakout sessions will focus on ThermProcess and Industrial Finishing & Coating topics specifically.

General session highlights include:

Factories of the Future: What Does the Future Workforce Look Like? – Dr. Irene Petrick, Intel Corporation

Cyber Security: Keeping Your Business Secure – Chad Hunt, FBI Atlanta Field Office

Trump’s Washington: The New Normal? – Omar Nashashibi, The Franklin Partnership

Tomorrow’s Talent Today – Noel Ginsburg, CareerWise Colorado

Manufacturing USA Initiatives: What They Are and How You Can Benefit – Thomas Kurfess, Ph.D., P.E., Georgia Tech

Driving Consistent Performance Excellence – Dr. Amber Selking, Selking Performance Group

OEM Manufacturing Perspective – Susan Lauda, AGCO and Brian Westfall, TRANE

Transitioning Your Business to the Next Generation – Mike Brown, The BrainzoomingTM Group

[spacer color=”F5F5F5″ icon=”Select a Icon”]

To register, click on the Register Now button and enter promo code ED25C under payment information. Your registration fee will automatically be reduced by 25% when you click “apply”.

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button]

Hotel Discount Rate Deadline Extended! Our discounted rate of $189 at the InterContinental Hotel Buckhead is still available for attendees. CLICK HERE to book your room today.

For complete Summit information, including hotel reservations and to register, visit www.itps-ifcs.com. Call 941-373-1830 with questions.

Heat Treat Today is proud to be a co-sponsor of this event.

Register for ITPS/IFCS and Save 25% with Promo Code! Read More »

Learn How to Develop a Sustainable Skilled Workforce at ITPS/IFCS

/ HEAT TREAT NEWS INDUSTRIES

Tomorrow’s Talent Today

Noel Ginsburg, CEO, CareerWise Colorado

Finding and retaining skilled employees is a continual challenge which all manufacturers face — a challenge Noel Ginsburg, founder of Intertech Plastics, knew all too well. With extensive experience serving on manufacturing alliances, workforce development commissions, and educational organizations, Ginsburg led the effort to develop CareerWise Colorado, a statewide nonprofit that is building a system of youth apprenticeships across a variety of industries to ensure businesses have a capable workforce and all students have a clear and sustainable career path. This presentation will provide ideas for you to develop your own sustainable skilled workforce!

[spacer color=”F5F5F5″ icon=”Select a Icon”]

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with promo code ED25C.

ITPS/IFCS will be held at the InterContinental Hotel Buckhead.  Click here to book your room today. For complete Summit information, including hotel reservations and to register, visit www.itps-ifcs.com. Call 941-373-1830 with questions.

Heat Treat Today is proud to be a co-sponsor of this event.

Learn How to Develop a Sustainable Skilled Workforce at ITPS/IFCS Read More »

Build a Championship Mindset and Transform Your Team

/ HEAT TREAT NEWS INDUSTRIES

From the manufacturing floor to the football field, delivering consistent performance excellence is critical to team success. The mind is an often untapped and unrealized source of energy, efficiency, and effectiveness. Discover the power of your mind and learn strategies to help you deliver your absolute best, consistently.

Driving Consistent Performance Excellence

Dr. Amber Selking, Selking Performance Group 

Through her experiences working in manufacturing for SPX Corporation and as the mental performance consultant for the University of Notre Dame football team, Dr. Amber Selking developed a methodology for building a championship mindset. It emphasizes the power of positive psychology and how we can exercise, train, and discipline our brains to improve performance and leadership skills. Mastering that discipline enables us to begin to transform how we live individually and impact how our teams function at work. Dr. Selking will share insights from the field of human performance psychology that will help you deliver your best on a more consistent basis.

Here is what previous participants have said about Dr. Selking's presentations:

"Great energy! Could listen to her all day. Thanks. One of the best speakers I have ever listened to."

"Excellent speaker, enjoyable and relatable presentation."

"Powerful! Excellent start to the program. I will be looking her up."

 [spacer color="F5F5F5" icon="Select a Icon"]

[button link="www.itps-ifcs.com" size="default" icon="Select a Icon" side="right" target="blank" color="b70900" textcolor="ffffff"]Register Now[/button] Save 25% with promo code ED25C.

ITPS/IFCS will be held at the InterContinental Hotel Buckhead.  Click here to book your room today. For complete Summit information, including hotel reservations and to register, visit www.itps-ifcs.com. Call 941-373-1830 with questions.

Heat Treat Today is proud to be a co-sponsor of this event.

Build a Championship Mindset and Transform Your Team Read More »

End User Insights: Presentations & Panels

/ HEAT TREAT NEWS INDUSTRIES

Actions and initiatives implemented by OEMs have a significant impact on supplier operations. ITPS/IFCS will feature OEM presentations and panel discussions in both the general session and breakouts to give participants a glimpse into the OEM perspective on manufacturing today and tomorrow.

General Session: OEM Manufacturing Perspective

Susanne Lauda, AGCO

Brian Westfall, Trane

Susanne Lauda, AGCO, and Brian Westfall, Trane

As one of the drivers behind AGCO’s global initiatives for Manufacturing 4.0, Susanne will discuss the agricultural equipment market and the organization’s “Design Anywhere Build Anywhere” strategy.

With more than three decades in product engineering and management, production operations, and leading four plant start-ups, Brian is well positioned to share insights relating to manufacturing and market trends in the commercial HVAC industry.

ThermProcess Breakout: OEM Perspective on the ThermProcess Industry

Chad Spore, John Deere

Chad Spore, John Deere

With over 20 years of experience, Chad has developed extensive knowledge of material and thermal processes used in agricultural and construction equipment applications. He has provided manufacturing and materials engineering support for various thermal processes, including heat treatment, sintering, coating, laser, and welding processes and will speak to thermprocess trends from John Deere’s perspective.

Finishing & Coatings Breakout: OEM Perspective on the Finishing Industry

Anteneh Kebbede, GE Global Research; Chris Misorski, Mercury Marine; Mark Prehar, AGCO

Experts from the aerospace, marine and agriculture industries will share insights on the finishing industry from their perspective including trends, quality/performance requirements, manufacturing technologies, purchasing processes, and more. A moderated discussion will conclude this informative session.

Hotel Discount Rate Deadline

ITPS/IFCS will be held at the InterContinental Hotel Buckhead. A discount rate of $189 is available for attendees. The deadline to take advantage of our group rate is July 11. Click here to book your room today. For complete Summit information, including hotel reservations and to register, visit www.itps-ifcs.com. Call 941-373-1830 with questions.

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with discount code ED25C.

Heat Treat Today is proud to be a co-sponsor of this event.

End User Insights: Presentations & Panels Read More »

Cybersecurity and an Unpredictable Economy: Two Issues You Cannot Afford to Ignore

/ HEAT TREAT NEWS INDUSTRIES

Is your company positioned to defend a cyber-attack? How about a sudden economic downturn? If the answer to either of these questions is no, ITPS/IFCS is a must-attend for you. Participants will hear directly from experts who will help business leaders successfully position their companies against these potential threats.

Cybersecurity: Keeping Your Business Secure

Shutterstock image

Chad Hunt, Supervisory Special Agent, FBI Atlanta Office

Supervisory Special Agent Hunt leads a team of agents and analysts who conduct investigations in support of the FBI’s Cyber Division mission to identify, pursue, and defeat cyber adversaries. As manufacturing becomes increasingly digitized, industrial internet hacking is of rising concern to businesses. Learn how the FBI is addressing this significant issue.

Managing in an Unpredictable Economy

Chris Kuehl

Chris Kuehl, Co-Founder & Managing Director, Armada Corporate Intelligence

As Armada’s economic analyst, Chris Kuehl has worked with a wide variety of private clients and professional associations. His presentation will focus on economic trends and their impact on manufacturers. He serves as CCAI’s and IHEA’s economist and delivers monthly updates on a variety of economic indices that impact manufacturing.

Why I’m Attending:

“The program topics are all relevant to my company, and the speakers appear to be top notch. This will also be a good opportunity for me to network with others in my industry.”

Sam Woehler, Vice President, Sales, George Koch Sons, LLC

 [spacer color=”EBF1F5″ icon=”Select a Icon”]

Hotel Discount Rate Deadline

ITPS/IFCS will be held at the InterContinental Hotel Buckhead. A discount rate of $189 is available for attendees. The deadline to take advantage of our group rate is July 11. Click here to book your room today. For complete Summit information, including hotel reservations and to register, visit
www.itps-ifcs.com. Call 941-373-1830 with questions.

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with discount code ED25C.

Heat Treat Today is proud to be a co-sponsor of this event.

Cybersecurity and an Unpredictable Economy: Two Issues You Cannot Afford to Ignore Read More »

IHEA Indicies for May: 5 Up; 6 Down — Analysis Available

/ FEATURED NEWS, HEAT TREAT ECONOMIC NEWS

The economic report issued monthly to IHEA member company key executives showed what economists are calling a “transition” month with 5 indices showing an upward trend and 6 showing a downward trend. Among those moving upward: metal prices, capacity utilization, PMI, credit managers index, and the transportation index. Those heading south: auto/light truck sales, new home starts, steel consumption, capital expenditures, durable goods shipments, and factory orders.

This monthly report, which averages 12 pages every month, provides not only useful trending data but also in-depth analysis of each index. IHEA’s proprietary economist provides the analysis with special emphasis on how these movements affect the heat treat and thermal processing industries.

For a full copy of the report, contact Anne Goyer by email (click here), Executive Vice President of the Industrial Heating Equipment Association (www.ihea.org).

Ann Goyer, Executive Director of IHEA
Ann Goyer, Executive Director of IHEA

 

 

 

 

 

 

 

 

IHEA Indicies for May: 5 Up; 6 Down — Analysis Available Read More »

Expand Your Professional Network at ITPS/IFCS

/ HEAT TREAT NEWS INDUSTRIES

ITPS/IFCS is designed to provide a place where industry executives can network and gain critical information for managing their manufacturing business. In addition to the exceptional presentation program, participants will have the opportunity network with other executives and Summit speakers during the Welcome Reception and a Taste of the South Dinner. These social events enable participants to exchange conversation, ideas, and knowledge with everyone in attendance within a casual setting.

Why I’m Attending:

“As an end-user, attending ITPS 2016 provided me with greater insight of the thermal processing industry and the challenges it faces. Furthermore, ITPS is a great opportunity to network and build relationships with key people within the industry. I have utilized those relationships several times over the past two years.”

Chad Spore, Staff Engineer

Enterprise Materials Engineering, John Deere

For complete Summit information, including hotel reservations and to register, visit ITPS/IFCS. To take advantage of our hotel group rate, book your room today!

Registration discounts are available for IHEA, CCAI, MTI, CECOF, JIFMA, VDMA, Electrocoat Association, and WiM members.

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with promo code ED25C.

Heat Treat Today is proud to be a co-sponsor of this event.

Expand Your Professional Network at ITPS/IFCS Read More »

Policy and Programs That Impact Manufacturers – What You Should Know

/ HEAT TREAT NEWS INDUSTRIES

The ITPS and IFCS will bring together an impressive and diverse group of business leaders to help executives stay on top of the latest trends and innovations affecting their manufacturing operations. This two-day summit will feature two joint general sessions with a total of ten presentations addressing topics that appeal to all manufacturing executives, including:

TRUMP’s Washington: The New Normal?

Omar Nashashibi

Omar Nashashibi, Founder Partner, The Franklin Partnership

President Trump has kept his campaign promise to shake up Washington and it is anything but business as usual in the nation’s capital. Omar S. Nashashibi lobbies Congress, the White House, and federal agencies on behalf of manufacturing companies and other groups. This is your chance to hear directly from a Washington insider about the latest on trade, workforce training, regulations, and implementation of the new tax law, among other timely issues.

Manufacturing USA Initiatives: What They Are and How You Can Benefit

Thomas Kurfess, Ph.D., P.E.

Thomas Kurfess, Ph.D., P.E., HUSCO/Ramirez Distinguished Chair in Fluid & Motion Control and Professor in the Woodruff School of Mechanical Engineering, Georgia Institute of Technology

Manufacturing USA is an initiative focused on coordinating public and private investments in emerging advanced manufacturing technologies that bring together industry, academia, and government partners to leverage existing resources, collaborate, and co-invest in advanced manufacturing innovation. Dr. Kurfess will provide an overview of these initiatives and how manufacturers can benefit from these efforts.

Why I’m Attending:

“ITPS gives me the opportunity to gather general high-level knowledge about the health and trends of my industry, combined with networking opportunities, in a nice atmosphere. I was satisfied with ITPS two years ago, and I’m looking forward to the event this year.”

Daniel Llaguno, President, Nutec Bickley

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with discount code ED25C.

Registration discounts are available for IHEA, CCAI, MTI, CECOF, JIFMA, VDMA, Electrocoat Association, and WiM members.

For complete Summit information, including hotel reservations and to register, visit ITPS/IFCS. Call 941-373-1830 with questions.

Heat Treat Today is proud to be a co-sponsor of this event.

Policy and Programs That Impact Manufacturers – What You Should Know Read More »

ITPS/IFCS Breakout Sessions to Feature Trends & Innovations Driving the Thermal Processing and Industrial Finishing Markets

/ HEAT TREAT NEWS INDUSTRIES

With no other event in North America for executives in the thermal processing and industrial finishing and coatings industries, ITPS/IFCS is a can’t miss event for leaders in these manufacturing segments. While the joint general sessions will address topics impacting manufacturing as a whole, two breakout sessions that focus specifically on topics of significance to the thermal processing and the finishing and coatings industries will run concurrently.

Industrial Heating Breakout Session Topics Include:

  • Opportunities & Threats in the ThermProcess Industry Tim Lee, Honeywell Thermal Solutions
  • OEM Perspective on the ThermProcess Industry, Chad Spore, John Deere
  • Risk Management Strategies for Industrial Combustion Systems, Chris Della Mora, HUB International Risk Services
  • Cutting Edge Trends: A Consultants Panel Looks at the Future, Madhu Chatterjee, AAT Metallurgical Services; Thomas Wingens, Wingens International Industry Consultancy; John Young, Young Metallurgical Consulting

Why I’m Attending:

Mike Stowe, Senior Energy Engineer, Advanced Energy

“ITPS provides a unique opportunity to hear a combination of leadership, business, and technical aspects from the leaders of the process heating industry. Company executives, technology leaders, and operations managers can all benefit from the high-level industry insights at this event.  In addition, it is an excellent opportunity for networking with business leaders across the thermal processing industry.  I would not miss it.”

Mike Stowe, Senior Energy Engineer, Advanced Energy

Industrial Finishing & Coatings Breakout Session Topics Include:

  • Opportunities & Threats in the Finishing Industry, Speaker to be Announced
  • OEM Perspective on the Finishing Industry, Mark Prehar, AGCO; Anteneh Kebbede, GE Global Research; Chris Misorski, Mercury Marine
  • Finishing Economics, Michael Guckes, Gardner Intelligence
  • Benchmarking Your Finishing Operation: Steps to Improve efficiencies & Profits, Tim Pennington, Products Finishing

Why I’m Attending:

“IFCS offers attendees exclusive access to some of the leading OEM’s within manufacturing and provides excellent insight to future trends within industries that impact the industrial finishing markets. If you’re an owner or leader within your respective company, this is a must-attend event.”

Todd Luciano, Publisher, Products Finishing

[button link=”www.itps-ifcs.com” size=”default” icon=”Select a Icon” side=”right” target=”blank” color=”b70900″ textcolor=”ffffff”]Register Now[/button] Save 25% with promo code ED25C.

Registration discounts are available for IHEA, CCAI, MTI, CECOF, JIFMA, VDMA, Electrocoat Association and WiM members.

For complete Summit information, including hotel reservations and to register, visit www.itps-ifcs.com; call 941-373-1830 with questions.

ITPS/IFCS Breakout Sessions to Feature Trends & Innovations Driving the Thermal Processing and Industrial Finishing Markets Read More »

Skip to content