The 2020 Mid-Year Economic Update_long

Day: August 25, 2009

MDM Interview: Keeping Associations “Relevant”

Phil Hanson, executive vice president of hardware manufacturer C. H. Hanson, Naperville, IL, serves as the president of the Industrial Supply Association. He sat down with MDM as part of a monthly MDM series featuring association presidents. In the following interview, Hanson talks about the role of the ISA and trends in the industry, including the standardization of data, getting younger people involved in associations and attracted to distribution, manufacturer-distributor relationships, and economic conditions.

Why Some Suppliers Are Returning

U.S. manufacturers are beginning to bring back production from foreign countries as they take a holistic look at the costs and problems associated with outsourcing. About a year ago I was visiting a manufacturing plant that manufactured die-cutting presses. The CEO told me that most of the presses were manufactured in Taiwan, but there were a lot of problems trying to communicate the requirements, which resulted in quality problems.

MDM News Digest 3916

Wolseley Cuts Ferguson CEO/President Position ... Gates Buys Hydrolink ... Grainger July Sales Down 14% ... Timken India Signs Agreement with Spearage ... GE and FANUC End Joint Venture ... M&A Continues Decline ... Manufacturing Accounts for Most Mass Layoffs ... U.S./Canadian Manufacturer Sales ... Wholesale Prices Down in July ... Earnings: Avnet, BlueLinx Holdings, Kaman, Applied Industrial Technologies, Beacon Roofing Supply, ERIKS, RBC Bearings, General Bearing, Fluor, Illinois Tool Works, The Home Depot ... USMTC Up 22% from May ... Manufacturing Barometer Shows Less Pessimism

MDM August 25, 2009

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