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                                                    November 2014

 

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ThirteenWelcome Outokumpu Stainless Bar, Inc.

FIA is pleased to welcome Outokumpu Stainless Bar, Inc., as the association's newest supplier member. Located in Richburg, SC, Outokumpu Stainless Bar, Inc. provides stainless steel semi-finished products; slabs, ingots, blooms, billets and bars to the forging industry.  

Hans Geber Sales Manager, (803) 789-9225 will serve as Official Representative.  

 

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TenLASCO Engineering Services and Weber Metals, Inc. Receive Silver Anvil Awards


Paul Dennis, Weber Metals (L); Rob Mayer, FIERF President (C); Mike Gill, Lasco Engineering (R)

 

"It's an honor and a pleasure to recognize these two companies as very important partners of the Forging Industry Educational and Research Foundation", said FIERF President Rob Mayer of Queen City Forge when he called Paul Dennis of Weber Metals and Mike Gill of LASCO Engineering Services to the podium during the recent FIA Meeting of Members. "Our corporate giving partners are the backbone of the Foundation's ability to fund research and encourage careers in our industry."

As we look forward to Thanksgiving in the days ahead, it seems appropriate to say to all our faithful and generous donors, Thanks for Giving!

For information on corporate or individual giving contact Karen at the Foundation Office, 216.781.5040 or karen@forging.org.

 

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TwoCompensation and Benefits - Industry Snapshot Summary

Industry Snapshot Summary

  Data collection and reports are open and available in the newly formatted 2014 Compensation and Benefits Survey. Via dynamic benchmarking, you have an exciting new way to benchmark by bringing you the information needed, when it is needed the most.

This summary will give an overall industry view of the FIA Compensation and Benefits information that is presently submitted on the FIA Benchmarking platform. Benchmarking is a benefit available to forging companies as a part of FIA membership. FIA forging company members can access the platform from the FIA Benchmarking page linked HERE to complete participation, access instantaneous comparisons and run comprehensive reports tailored to your needs.

 

Profile Information

  • The average plant has a 41 to 153 ratio of management employees to production employees.
  • The average number of hourly employees (FTE) is 109, while the average number of management employees (FTE) is 30.
  • The median number of employees per supervisor is 3.63.

   

To find out more, including average sales per employee for the industry or your region, login and begin!

  

Benefit Information

  • Healthcare:
    • Industry average total benefit costs per employee is $9,364, with healthcare costs being 62% of the total cost for the average plant. 
    • Benefits costs average 0.04% of reported forging sales.
    • 71% of reporting plants offer the same healthcare benefits to all employees.
    • All reporting plants provide employee and dependent healthcare.
    • Retiree benefits:
      • 8% of plants offering the same benefits for all employees also provide healthcare benefits for retirees. 
      • 33% of plants that offer different benefits to hourly employees provide retiree healthcare.
      • 18% offering different benefits to management employees offer retiree healthcare.
      • Industry hourly employees average turnover rate due to retirement is 1.09 (total retirees divided by total employees). Interesting note: according to U.S. Bureau of Labor statistics, that the age gap between manufacturing/non-farm workforces is widening. (log in to see Hourly Turnover & Absenteeism Reports & Charts)
      • 401K Retirement benefits:
        • Plants offering the same benefits to all employees: 84% provide a 401K with an employer match; with the match being an average of 4%.
        • Plants offering different benefits: 70% provide 401K for hourly employees, with 50% of those being employer matched; 90% provide 401K for management employees, with 80% of those  being employer matched.

Full forging industry benefits reports and customized filtering is available upon completion of 50% or more of your survey sections. Access the platform from the FIA Benchmarking page linked HERE

 

Compensation Information

Overall, the industry's average wages paid per hour worked (total wages/total hours worked) is $23.55.

The highest 50th percentile hourly rates for:

  • Impression Die Forge Job Titles were reported for Die Maker; Hammer Operator; and Press Operator.
  • Open Die Forge Job Titles were reported for Forging Press Operators; Hammersmiths; and Manipulator Operator.
  • General Forge Job Titles were reported for Electricians; Equipment/Skilled Maintenance; and Toolmaker.

Management position information is available to participants with authorization only.

 

Intrigued and want to know more? Want to run your own reports and see where YOU fall?

FIA forging company members can access the platform from the FIA Benchmarking page linked HERE.

If, at any point, you have forgotten your user login information, please contact maryann@forging.org

 

Intrigued? Contact FIA's benchmarking team at benchmarking@forging.org

for more information 

 

 

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Six Forge Fair Hotel Housing & Audiovisual Rental Warning 

Unauthorized Housing and Audiovisual Companies Contacting Forge Fair Exhibitors & Attendees.

It has come to our attention that unauthorized housing and audiovisual companies have been contacting Forge Fair Exhibitors and attendees via phone and e-mail, misrepresenting themselves as an official vender for Forge Fair.

We suggest that you contact the following Forge Fair official venders directly:

  • Forge Fair Hotels are:
    • The Westin Cleveland Downtown Cleveland - 216-696-9200
    • Cleveland Marriott Downtown at Key Center - 216-771-7700
  • Forge Fair Audiovisual Rentals are:
    • The George Fern Co. - 614-253-1500
    • Colortone Staging & Rentals - 440-914-9500

We highly caution you from engaging unauthorized companies because if/when issues arise, Forge Fair management does not have the ability to provide assistance in solving them.

Please report any unauthorized housing, travel and AV rental solicitations to forgefair@forging.org.

 

Don't Forget to Register your Booth!

Click here to register your booth today!

Click here to visit the Forge Fair Home Page.  

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EightFall Meeting / Marketing Workshop Speaker Slides Now Available

PDF slides from most of the 2014 FIA Fall Meeting and Marketing Workshop speakers are now available for viewing through the FIA website. Click or paste https://www.forging.org/producers-and-suppliers/FIA-Fall-Meeting to view Fall Meeting slides. Click or paste https://www.forging.org/producers-and-suppliers/Meetingsinto your browser to view Marketing Workshop slides. These slides can only be viewed by FIA Members using their password.  

 

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ThreeFIA to Exhibit at Power-Gen International 2014

FIA will represent its Member companies through exhibition at the Power Gen International Show, December 9-11, 2014, at the Orange County Convention Center in Orlando, FL. Over 20,000 attendees and 1,400 exhibitors are expected for the power industry's three-day information exchange designed to share practical experiences, knowledge and ideas on the latest trends and challenges. Plenty of Forging Capability Guide CDs promoting member custom forging services will be distributed. It's expected that many domestic and offshore forging operations will send personnel to prospect this growing market segment. FIA Members that would like COMPLIMENTARY ADMISSION TICKETS to the exhibit portion of the show should e-mail pat@forging.org to request tickets. Or see http://www.power-gen.com for more information on exhibiting or attending the show.

 

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FifteenSCRA Applied R&D Wins Manufacturing Technology Program

$8.3 Million Contract Will Focus on Forging Technology and Supply Chains

Charleston, SC - October 02, 2014 - SCRA Applied R&D today announced a new, cost shared contract with the Defense Logistics Agency (DLA). The multi-year, $8.3 million contract, Procurement Readiness Optimization - Forging Advanced Systems (PRO-FAST) will focus on advanced technologies for forging supply chains. This program supports nearly every major U.S. weapons system with structural parts.

The program will investigate, develop and deploy a variety of technologies aimed at reducing lead time and managing costs. The goals are to improve the quality of forgings critical to the nation's defense and enable the United States to maintain their competitiveness in international markets. SCRA Applied R&D is implementing this program in concert with the Forging Industry Association (FIA) located in Cleveland, Ohio under the collaborative name FDMC.

The PRO-FAST Program is aiming at new technologies including advanced heat treating and quenching technologies, advanced tooling materials and processes, advanced tooling repair technologies, advanced, lightweight metal matrix alloys and continued improvements in forging supply chains.

"The Defense Logistics Agency Research and Development Program, supported by Headquarters DLA at Fort Belvoir, Virginia, continues to demonstrate its commitment to modernizing the forging industry through strategic investments cost-shared by industry," said SCRA Applied R&D Senior Program Manager and FDMC Executive Director Jon Tirpak. "We look forward to working on this crucial program that helps our men and women in uniform have the best forgings, enabling them to successfully carry out their missions."

TwentyTMI ATC Holds Thermal Manufacturing Advanced Technology Roadmapping Workshops

FIA recently participated in a series of workshops aimed at developing a comprehensive R&D roadmap that will guide the thermal manufacturing community's technology development and implementation efforts over the next five years. Led by the newly established Thermal Manufacturing Industry Advanced Technology Consortium (TMI ATC), of which FIA is a founding member, the workshops gathered input from close to 40 representatives from all aspects of the thermal manufacturing value chain to identify common technical needs and priorities across the industries that rely on thermal manufacturing. The resulting Thermal Manufacturing Advanced Technology Roadmap will be published by the end of March 2015 as part of the larger effort to achieve the critical mass and coordination needed to overcome lingering technical challenges and successfully transfer available technologies.

    

Visit the TMI ATC website to learn more about the project and see how you can get involved.

 

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