FREE copy of the Uptime Elements Implementation Guide once you subscribe to Reliability Weekly

“This country’s manufacturing sector shrunk at the lowest rate in a year. That’s hardly great news!” insisted Doug Woods, President of AMT - The Association For Manufacturing Technology. “While we hope the July numbers represent a slowdown to the freefall our members have suffered over the past year, there is still a very long road ahead before most of them breathe easier.

“The end to 19 consecutive months of decline in automotive sales that July’s sales figures represent is like a loud crack in the ice at the beginning of the spring thaw,” Woods added. “While AMT welcomes the success of the Cash-For-Clunkers program, it can’t go on forever….The auto industry will not turn around overnight.”

Most experts agreed that the Ford turnaround could be largely attributed to the wildly popular Cash-For-Clunkers program. AMT Board member Kim Beck, President of Automatic Feed in Napoleon, Ohio, supports the U.S. government’s Cash-For-Clunkers program, but stresses that more needs to be done for small manufacturers. His small, third-generation company has been supplying coil handling and other equipment to the automotive industry for 50 years. In the past year, his work force has dwindled by 75 percent and business has fallen off dramatically.

“My customers still lack the confidence and credit to invest in new equipment,” Beck said. “Real work needs to be done in Washington now in order to save America’s small manufacturers.”

“It should not be on the backs of American small businesses that Congress overhauls the healthcare system and strives for energy independence,” emphasized Beck. “Likewise, Congress should target future programs aimed at stimulating the economy to where they will have the greatest impact - the manufacturing sector. My company is not even eligible for the vast majority of federal economic stimulus programs.”

AMT represents mostly small companies that produce the equipment and systems that make virtually all manufactured products. Historically, it takes several quarters for these companies to feel the positive effects of a pick-up in their customers’ business. Compounding the industry’s struggles is the fact that about two thirds of AMT’s membership has ties to the beleaguered auto industry. Between the first quarters of 2008 and 2009, AMT’s members’ orders fell 68 percent, sending them into a fight for survival.

“What we really need now is tax relief for small business,” Beck went on to say. “Until Congress recognizes that this is the quickest and most effective way to stimulate our economy, true economic growth will remain elusive.”

Still, Woods is hopeful. “At least we can see a bottom to this business cycle,” he said. “Maybe Ford’s long awaited return to profitability and the small headway made in manufacturing foreshadows an end is near to the worst single year decline in our industry’s history.”

AMT - The Association For Manufacturing Technology (founded in 1902 as the National Machine Tool Builders’ Association) supports and promotes the U.S. manufacturing technology industry. The association provides U.S. builders of manufacturing systems with the latest information on technical developments, trade and marketing opportunities, and economic issues. It also gathers and disseminates information about world markets, promotes its members’ products in those markets, and acts as a representative on manufacturing technology matters to governments and trade organizations throughout the world.

Upcoming Events

August 8 - August 10, 2023

Maximo World 2023

View all Events
banner
80% of Reliabilityweb.com newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
DOWNLOAD NOW
Defect Elimination in the context of Uptime Elements

Defect Elimination means a lot of things to a lot of people. Uptime Elements offers a specific context for defect elimination [DE] as a success factor on the reliability journey [RJ].

Internet of Things Vendors Disrupting the Asset Condition Management Domain at IMC-2022

Internet of Things Vendors Disrupting the Asset Condition Management Domain at IMC-2022 The 36th International Maintenance Conference collocated with the RELIABILITY 4.0 Digital Transformation Conference [East]

Asset Management Technology

The aim of the Asset Management technology domain is to assure that IT/OT systems are focused on creating the value from the assets and that the business can deliver to achieve organizational objectives as informed by risk.

TRIRIGAWORLD AWARDS at MaximoWorld 2022

TRIRIGAWORLD AWARDS honors excellence in space optimization and facility management, A Reliabilityweb.com event to further advance asset management

IMC-2022 Who's Who: The World's Best Run Companies

The International Maintenance Conference (IMC) provides a fresh, positive community-based curated experience to gain knowledge and a positive perspective for advancing reliability and asset management through people, their managers, the strategy, the processes, the data and the technology. The world’s best-run companies are connecting the workforce, management, assets and data to automate asset knowledge that can be leveraged for huge beneficial decisions.

Uptime Elements Root Cause Analysis

Root Cause Analysis is a problem solving method. Professionals who are competent in Root Cause Analysis for problem solving are in high demand.

Reliability Risk Meter

The asset is not concerned with the management decision. The asset responds to physics

Why Reliability Leadership?

If you do not manage reliability culture, it manages you, and you may not even be aware of the extent to which this is happening!

Asset Condition Management versus Asset Health Index

Confusion abounds in language. Have you thought through the constraints of using the language of Asset Health?

Seven Chakras of Asset Management by Terrence O'Hanlon

The seven major asset management chakras run cross-functionally from the specification and design of assets through the asset lifecycle to the decommissioning and disposal of the asset connected through technology