Print Page   |   Contact Us   |   Sign In   |   Register
Industry News from our Publication Partner - Products Finishing

Duralar Authorizes New Provider of Hard-Coating ServicesOpen in a New Window

Duralar Technologies has named Coating Technologies Inc. (CTI) as an authorized provider of its coating services. Duralar offers a line of ultra-hard coatings developed for both the internal and external surfaces of metallic components to enhance performance and increase longevity. Its coating systems are used by both product manufacturers and commercial metal finishing operations like CTI. Industries served include automotive, aerospace, firearms, oil and gas, chemicals, mining, textiles, medical, consumer products, and more.

 

AkzoNobel Aerospace Coatings Names Mexican DistributorOpen in a New Window

AkzoNobel Aerospace Coatings is partnering with Mexican distributor HiscoMex to make AkzoNobel its preferred paint line, bringing the company’s entire aerospace product line to customers in Mexico, including the Aerodur basecoat/clearcoat system, Eclipse topcoats and the full line of Alumigrip products. For more information on AkzoNobel Aerospace Coatings, visit anac.com.

 

Pre-Tec Adds Bosch Rexroth Line of Conveyor SystemsOpen in a New Window

The Pre‐Tec Division of Willamette Valley Co. is now a member of Bosch Rexroth Corp.’s ProBuilder network, able to design solutions that integrate the company’s VarioFlow conveyor systems for facilities in markets including food packaging, pharmaceutical and medical, as well as other small-part-handling operations. Pre‐Tec says it will be the sole ProBuilder in Oregon, and will offer the product for conveyor applications in the West and across Bosch Rexroth’s North American-installed customer base.

 

Top Shops: Customers That Are 80 Percent of SalesOpen in a New Window

  The Top Shops in the Products Finishing Top Shops Benchmarking Survey say that 85 percent of their customers account for 80 percent of their overall sales. All other shops say that 60 percent of their customers account for 80 percent of their sales. The mean was 72 percent, and the median was 80 percent. Having such a high number of customers account for 80 percent of a shop’s sales can be both risky and good. The risk is a market swing can dictate a large loss of business; the plus side is that shops who work with a smaller number of suppliers are usually more focused and efficient in operations. To see more about the Products Finishing Top Shops Benchmarking Survey, please visit the Top Shops Zone

 

Top Shops: Racking InvestmentOpen in a New Window

  Top Shops averaged roughly $100,000 per year in new racking equipment to use on their plating line, according to the Products Finishing Top Shops Benchmarking Survey for plating shops in 2016. The mean was just under $74,000 per year, while the median was $25,000. Shops that were not in the Top Shops (20th percentile) spent roughly $5,000 per year. New racking equipment is essential to modernizing operations and improving efficiecies in plating operations. The newer equipment usually improves throughput and reduces rejects. For more information, please visit the Products Finishing Top Shops Benchmarking Survey Zone HERE

 

Society of Vacuum Coaters Appoints Zimone as Executive DirectorOpen in a New Window

The Society of Vacuum Coaters (SVC) board of directors appointed Frank Zimone as the group’s executive director. Zimone has many years of corporate leadership experience, and has been active in the SVC as a director (2000-2002 and 2003-2006), co-chair of the SVC strategic planning committee (2008), vice president (2007-2009), president (2009-2011), past president (2011-2013) and the awards committee (2016-2017). A Fellow of Alpha Sigma Mu of the National Honors Society for Materials Engineering and most recently president of Jenoptik Advanced Systems, Zimone has been tasked by the board to strengthen the SVC’s structure and focus on enhancing value to the diverse SVC stakeholder base. “Frank will be forming and leading the team that will bring management of all SVC activities in-house for the first time in SVC history,” says Gary Vergason of Vergason Technology, and president of the SVC. “The board believes that bringing these activities in-house are essential for the SVC to drive organizational effectiveness, cost optimization, and stakeholder support to the levels that are required to support the SVC’s strategic plan to become the global source for learning, applying, and advancing vacuum coating, surface engineering, and related technologies.” Reporting directly to the board, Vergason says Zimone and his team will be responsible for optimizing the TechCon exhibition, TechCon program structure and the education program, along with building the SVC’s online presence and marketing efforts to ensure continued growth and stakeholder value as the SVC enters into its sixth decade as the world’s leading professional group for vacuum coating and related processes. “It is anticipated that in addition to the current strategic alliance with ASMI, the new SVC management team will have the opportunity and the skillsets to develop additional, complementary relationships with other organizations that will broaden both the scope and reach of the SVC,” Vergason says. Visit svc.org

 

Top Shops: Quote-to-Book RatioOpen in a New Window

  Products Finishing Top Shops had a 70 percent quote-to-book ratio in the 2017 benchmarking survey for plating shops, far higher than the remaining shops, which had a 14 percent quote-to-book ratio. The median was 33 percent of jobs booked, while the average of all shops was 41 percent. The analysis shows that top shows are closing more quotes, but probably going after fewer jobs, which results in the higher ratio.

 

Finishing Business Index for July 2017 — 54.3Open in a New Window

The Products Finishing Business Index fell slightly in July to 54.3, pulling down the year-to-date index average only slightly to 54.5. Compared to the three-month average from one year earlier, the index is up more than 15 percent, and compared to the single month of July 2016, the index is up 22 percent. The July 2017 index was supported by strength in production, employment and supplier deliveries, but pulled down by new orders, backlogs and exports.  New order readings during the first half of the year averaged 57.7, representing a record-breaking six-month period for new orders since 2013. July’s reading of 52.9 was down more than 8 percent from June, but by still up 6.6 percent from the same month one year earlier. Production remained unchanged from June at 59.9, only slightly below the record high of 62.1 set in January. Average production readings in the year-to-date period have been much higher than in the past two years and are comparable to the highs last set in 2014. The spread between new orders and production was very small through May but grew significantly in June and July. Typically, a significant spread between new orders and production implies a change in backlogs has occurred or is about to occur. The July backlog reading increased by approximately 2 percent to 52.9. The Gardner Business Intelligence team will be closely monitoring the backlog reading in the coming months, as it is considered a bellwether to capacity utilization and, ultimately, machine tool sales.  Material prices fell nearly 11 percent, while prices received increased more than  3 percent. The spread between the readings for material prices and prices received narrowed greatly in July after a much smaller narrowing in June. Material prices fell by nearly 11 percent in the month, while the reading for prices received increased by more than 3 percent to 55.6, breaking the previous high of 54.6 set in January 2014. The Products Finishing Business Index is compiled by the team at Gardner Business Intelligence (GBI), a division of Gardner Business Media, which also produces this and other publications covering the finishing, metalworking, plastics and composites, and automotive industries. This index utilizes data from surveys sent monthly to several hundred finishing shops in North America and analyzed by the GBI staff. For information about GBI and to read more business intelligence, please visit short.pfonline.com/research.

 

Powder Coating 2018 Returns to Indy March 12-15Open in a New Window

The Powder Coating Institute’s Powder Coating 2018 Technical Conference & Tabletop Exhibition will be held March 12-15, 2018, at the JW Marriott in downtown Indianapolis, Indiana. The conference and tabletop exhibit portion of the event will run 2 ½ days, closing on the morning of Wednesday, March 14. The conference will include general sessions and a concurrent technical program, giving attendees access to a variety of powder coating information as well as personal interaction with suppliers. The tabletop display area will feature powder coating manufacturers, powder coating application equipment, system houses, chemical suppliers and various services that support the powder coating industry.  Rounding out the four-day event will be the popular Powder Coating 101: Basic Essentials Hands-On Workshop, which will begin on Wednesday afternoon and run through the next day. The workshop’s comprehensive agenda covers all the basics of powder coating operations and will conclude with hands-on training demonstrations at an area powder coating facility.  Visit  powdercoating.org for updates and registration information as it becomes available.

 

PPG Names Transparencies Plant Manager, Market DirectorOpen in a New Window

PPG has named Mark Hood plant manager of its Sylmar, California, aerospace transparencies facility and Steve Kight to succeed him as global market director for general aviation transparencies. Hood began his PPG career in 1984 at the Huntsville, Alabama, transparencies plant, where he held product support engineering and operations management assignments. He served as global lean coordinator for the company’s aerospace application support center network before moving to sales and marketing as market segment manager for commercial OEM transparencies covering Canada, South America and Europe, and then became global market director for general aviation transparencies. Kight joined PPG in 2004 as a sales representative in the company’s packaging coatings group, advancing to key account manager for eastern North America. He has been the general aviation transparencies segment manager since moving into PPG’s aerospace group in 2012.