Forging Industry Association
January 2017 Quick Read Newsletter
Welcome, New FIA Members:
1) Wiese Industries
2) Rock Island Arsenal
3) ABP Induction
4) Quality Steel Products
5) Bharat Forge-PMT Technologie, LLC
6) Hendrickson – Trailer Commercial Vehicle Systems
7) Kreher Steel Co. LLC
FIA is pleased to welcome seven new members to the association: Wiese Industries; Rock Island Arsenal; ABP Induction; Quality Steel Products; Bharat Forge-PMT Technologie, LLC; Hendrickson – Trailer Commercial Vehicle Systems; and Kreher Steel Co. LLC.
Wiese Industries is located in Perry, Iowa, and produces impression die forgings for the agriculture market. Alan Lenz, General Manager, will serve as the company’s official representative to FIA.
Forging producer Rock Island Arsenal is located in Rock Island, Illinois, and produces impression and open die forgings for the defense market. Michael Nabb, Division Chief TARA-PTD, will serve as the company’s official representative to FIA.
ABP Induction is located in North Brunswick, New Jersey, and provides heating furnaces to the North American forging industry. David Decker, Vice President, will serve as the company’s official representative to FIA.
Quality Steel Products, located in Milford, Michigan, produces custom and catalog impression die forgings for the defense, industrial equipment, automotive, oil field and railroad markets. Joseph Schwegman, President, will serve as the company’s official representative to FIA.
Bharat Forge-PMT Technologie, LLC, is located in Surgoinsville, Tennessee, and produces impression die forgings for the defense, off-highway, agricultural, power generation, automotive and oil field markets. Tony Bishop, General Manager, will serve as the company’s official representative to FIA.
Hendrickson – Trailer Commercial Vehicle Systems is located in Canton, Ohio, and produces impression die forgings for the automotive market. Terry Chilson, Project Manager, will serve as the company’s official representative to FIA.
Kreher Steel Co. LLC, located in Melrose Park, Illinois, supplies metals to the forging industry. Joseph Druzak, CEO, will serve as the company’s official representative to FIA.
Attendee Registration for Forge Fair 2017 is Now Open
To register as a Forge Fair 2017 attendee, visit http://mbrportal.forging.org/FF17ATTND. At the show, attendees can see new products, make purchasing decisions and network with each other, all under one roof. Complete information about Forge Fair 2017 is available at www.forgefair.com.
Booth Reservations for Forge Fair 2017 Still Being Accepted
Booth spaces are still available on the Forge Fair 2017 trade show floor. To take advantage of this opportunity to promote your company in front of North America’s largest forging audience, reserve your space now at http://mbrportal.forging.org/FF17DEP. No other event enables suppliers and forgers to connect with more qualified potential customers. Forge Fair 2017 takes place April 4–6, 2017, at the Cleveland Convention Center in Cleveland.
Do You Import Raw Materials or Components? Do You Export Your Forgings? Weigh In on Potential Tax Reform Ideas that May Impact You.
With Republicans in control of the White House and both Houses of Congress, 2017 offers the best chance for comprehensive tax reform that we've seen in years or likely will see for years to come. Things will move fast, due in part to the fact that Congress has done a tremendous amount of preparatory work in the past several years and in part to the fact that President Trump wants to demonstrate accomplishments in the first 100 days of his administration.
House Republicans and President Trump have issued tax reform proposals, and while they are similar in some ways, they also differ significantly. The final package that gets debated in Congress will likely be a combination of the two.
FIA will likely see draft legislative text soon and have some opportunities to provide input on behalf of its members before and during FIA Lobby Day 2017, which will be held March 15–16, 2017.
FIA needs your input on one concept that House Republicans are considering regarding border adjustability. The concept is that you would get a credit for any exports you make (similar to the way the Value Added Tax works in Europe); however, there would be no credit for imports, and in fact a 20 percent (the new corporate rate under the plan) tax on imports. If you do not export your products and you do not import any raw materials/components, then this likely wouldn’t affect you. But, if you do not export and you do import some things, then it is possible you would be at a competitive disadvantage under the tax proposal compared to a company that exported.
We need to get a sense of how many (if any) FIA members export products and/or import raw materials/components to be able to have meaningful conversations on Capitol Hill as the tax reform legislation takes shape. Please contact The Laurin Baker Group, FIA’s Washington representative, if you have any insight to offer on this aspect or any other of potential tax reform efforts. You can reach Jennifer Baker Reid at [email protected] or 202-393-8524.
Commerce Department Rules on Steel Flanges
The U.S. Department of Commerce handed the domestic steel industry a modest win in January when it found evidence of dumping of imports of carbon steel flanges from India, Italy and Spain. The preliminary ruling set dumping margins ranging from about 8.6 percent in India to more than 200 percent in Italy against mandatory respondents Metalfar Prodotti Industriali and Officine Ambrogio Melesi due to their failure to respond to requests for comment. The ruling marks a win for Texas-based Boltex Manufacturing Co. and Illinois-based Weldbend Corporation.
Imports of the product from India, Italy and Spain were valued in 2015 at about $90.6 million, $31 million and $26.8 million, respectively. Commerce is expected to announce its final determination on or around April 12.
February 2017 Economic Charts from ClearView Economics Available
The latest “essential” charts from Dr. Ken Mayland of ClearView Economics are available for download here. The charts cover many facets of the economy, and they come with comments from Dr. Mayland..
Report Helps Forging Industry Members Prepare for New Safety Regulations in 2017
TRC, a national engineering, consulting and construction management firm that serves the power, environmental, infrastructure and oil and gas markets, has published its 2017 regulatory update. This update details the new environmental, health and safety regulations that could affect forging and other manufacturing businesses this year. FIA members can download the “Regulations, Standards and Policies for Industry to Watch in 2017” report on the TRC website.
Smart Sensing of Forging Operation via Tonnage Signature Analysis Report Available
Tonnage signal analysis provides rich information about forging process operating conditions, and has the potential to predict part quality for achieving intelligent forging process control. In a research project funded by FIERF, a research team consisting of Professor Judy Jin and her students from the University of Michigan, and Dr. Andreas Sterzing, Mr. Jurgen Steger and Mr. Tim Lehnert from IWU of Fraunhofer Institute, conducted experimental studies investigate how three typical variables, e.g. workpiece geometry, part temperature and hydraulic ram off-center error, affect tonnage signals.
FIA members can view the "Smart Sensing of Forging Operation via Tonnage Signature Analysis" report at www.forging.org/producers-and-suppliers/technology/predictive-maintenance.
Scholarships Available for University Students
Applicants with connections to the forging industry are given first consideration, so please pass these opportunities along to your employees, summer interns and co-op students. The deadline for all materials to be received is April 15, 2017. Recipients will be announced in June.
Forging Industry Women’s Scholarships of up to $5,000 are awarded to graduate and undergraduate students attending two- or four-year colleges and universities in the fields of engineering, business or comparable areas of study.
Charles W. Finkl Scholarships are awarded to college sophomores majoring in metallurgical, materials, chemical, computer, electrical or industrial engineering fields at accredited four-year colleges or universities. Awards are $2,000 in the junior year and an additional $2,000 in the senior year if the student remains eligible.
Contact the Forging Foundation office at 216-781-6260 if you would like to know more about the scholarships, or if you would like to make a financial contribution to encourage students to pursue careers in the forging industry.
New Developments in Forging Technology Conference Agenda Set
The international New Developments in Forging Technology Conference is organized every other year by the Institute for Metal Forming Technology (IFU) in collaboration with the Forschungsgesellschaft Umformtechnik mbH (FGU). About 250 engineers from commercial companies and universities from all over the world are expected to attend this conference.
The agenda for the next conference, which will be held May 15–17, 2017, in Stuttgart, Germany, is now available at www.ifu.uni-stuttgart.de/events/konferenzen/massivkonferenz/index.en.html. Registration information is coming soo
FIA Lobby Day 2017
March 15–16, 2017
Forge Fair 2017
April 4–6, 2017
2017 FIA Annual Meeting of Members
April 29–May 1, 2017
Rancho Palos Verdes, California
FIA Mechanical Press Maintenance Workshop
May 17, 2017
FIA Theory & Applications of Forging & Die Design
June 5–8, 2017
FIA First Line Supervisory Development Seminar
June 20–22, 2017
International Forgemasters Meeting (IFM)
September 11–14, 2017
International Forging Congress (IFC)
September 17–22, 2017