Banner
Editorial

Ready for 2012

By Mike D'Alexander

As publisher of Modern Metals and FFJournal, I spend a lot of time traveling throughout the country, meeting with service centers, fabricators and OEMs.

January 2012- As publisher of Modern Metals and FFJournal, I spend a lot of time traveling throughout the country, meeting with service centers, fabricators and OEMs. As we close out 2011, the overall message from company executives has been the year was much improved for their businesses—especially compared to 2009 and 2010. Although many of them haven’t reached pre-recession levels, they have seen less market volatility and increasing momentum in orders.

Reflecting the improvements in the industry, the recent 2011 Fabtech show posted record numbers with more than 1,300 exhibitors and 35,457 attendees from more than 80 countries. Almost everyone I spoke with during the show’s four days indicated they were fairly optimistic about 2012 and were excited about feedback from potential buyers walking the floor.

In addition, the Equipment Leasing & Finance Foundation’s December 2011 Monthly Confidence Index for the Equipment Finance Industry reported overall confidence in the equipment finance market was 57.2, a “nominal decrease from the November index of 57.4, indicating steadying optimism about business activity despite ongoing concerns about the global economic situation.”

In my travels, what I hear is very different than what the national news media reports. As a member of the media, I understand negative news sells and it’s easy to get caught up in negativity. However, the national news only provides broad coverage of the economy, while trade publications like Modern Metals have a more accurate and informed industry point of view. It’s important for us to report from our readers’ perspective. This can be accomplished best by meeting with and engaging our readers and listening to what they say.

To that end, we’re proud to publish the 10th edition of Modern Metals’ Annual Consuming Industries Survey. Respondents to the survey, although optimistic about their own businesses next year, are concerned about economic and political factors beyond their control. Our readers especially are uneasy that government policies will stymie tentative economic growth, with one service center respondent to our survey commenting, “The poisoned political environment will do more to harm the economy than all other factors combined. I believe growth will continue to stagnate until post-election 2013 as a result.” Other concerns from respondents included health care, rising taxes, material prices and inventory management. To read our entire survey coverage, turn to page 20.

The current bureaucracy in Washington is not contributing to the overall growth of business, especially small businesses. Small to mid-sized businesses comprise a significant portion of the metals industry. As a small-business owner myself, I’ve learned in difficult economic times, it’s necessary to streamline and adapt to adverse conditions to keep operations running. Today, margins are leaner and employees are taking on more responsibility to help companies survive and thrive. The bottom line is successful business people are problem solvers. They have a good understanding of what needs to be done to succeed, unlike politicians who generally have little to no private sector experience. I look forward to speaking with more of our readers in the coming year. Until then, carry on, and I hope all of us have a successful, profitable 2012. MM

Leave your comments

0
  • No comments found

Current Issue

MM-Cover-10-14-current

October 2014

ON THE COVER: 
Gearing up for 2015
Tackling foreign policies, regulations, trade balances and capital plans, here are forecasts for virtually everything.

MM-Digital-button-current1

Subscribe: PRINT/DIGITAL MAGAZINE - eNEWSLETTERS

Midwest-MM-home-ad-5

Advertisement

Modern Metals on Twitter

White Papers

More White Papers >
Banner

Industry Partners

Alloy Bar Products

Custom Rubber Products

Metals Distribution

Service Centers

Sierra Alloys Royal Rubber Co. ThyssenKruppnMaterials NA Heidtman Steel Products

Aluminum

Cutting Software

Perforated & Expanded Metal

North American Steel Alliance
Channel Alloys SigmaTEK Systems McNichols Co. Reliance Steel & Aluminum Company

Bar

Cutting Systems

Plasma Technology

Thickness Gauges

Gerdau Messer Cutting Systems, Inc. ESAB Welding & Cutting Products Compusource Corporation

Bevelers

Drilling

Plate

Enmark Systems, Inc.
Steelmax Hougen Manufacturing, Inc. Allor Manufacturing Inc.

Stainless Steel

CNC Cutting (Plasma, Waterjet, Laser, Router)

Financial Services

Artco Group Stainless Sales Corp.
Multicam Inc. BMO Harris Bank Churchill Steel Plate Ltd Straub Metal International

Coated Coil

GE Capital Finance Ranger Steel

Stainless, Nickel, Aluminum, Pipe, Tube & Bar

American Nickeloid Metals

Investment Banking

Precision Grinding

Prudential Stainless & Alloys, L.P.
Centria Coating Services Brown Gibbons Lang & Company Joco Precision Grinding

Steel

Metal Coaters

Laser Technology

Profiling Software

ArcelorMittal

Coil Processing

AltaMAR, Inc. FastCam Pty Ltd. Central Steel Service, Inc.
Bradbury Group Amada America, Inc.

Rolled and Extruded Aluminum Products

Parker Steel Co.
Braner USA LVD Strippit Aleris Rolled Products SSAB
Burghardt + Schmidt GmbH Mitsubishi Laser-MC Machinery Systems, Inc.

Sawing Technology

Summit Steel Corporation
Butech Bliss

Machining Centers

Behringer Saws, Inc.

Steel Fabrication

Formtek-Maine Handtmann CNC Cosen International, Inc. Voortman Corporation
Herr-Voss Stamco

Material Handling

Cut Technologies Metal

Titanium

IMS Systems, Inc. Canrack Metal Center Systems DoALL Sawing Products TSI Titanium
Leveltek Samuel Strapping Systems HE&M Saw

Tooling

Machine Concepts Steel Storage Systems Inc. Kasto Carlson Tool & Manufacturing Corp.
Red Bud Industries The Caldwell Group, Inc. Metlsaw Systems

Tube & Pipe

Tishken

Metal Alloy Analysis & Verification

Sawblade.com Independence Tube Corp.

Copper & Brass

Thermo Scientific Niton Analyzers Scotchman Industries, Inc. National Tube Supply Company
Christy Metals Inc.

Metal Finishing & Deburring

Wikus Saw Technology Specialty Pipe & Tube
Farmer's Copper Supermax Tools

 

Turnkey Finishing System

 

 

 

Intellifinishing

 

 

 

Waterjet

 

 

 

TECHNI Waterjet

TrendPublishing

twitter facebook linkedin rss

 

MM-10-14-brandingcovers