Month: January 2012

FABTECH 2011 Breaks Records and Exceeds Expectations

Posted by

FABTECH 2011 Breaks Records and Exceeds Expectations

Thank you for being an integral part of FABTECH 2011. The 2011 event culminated with a total of 1,360 exhibiting companies covering an astounding 523,740 net square feet of floor space. Your presence helped draw over 35,000 attendees to the Chicago event at McCormick Place, making this the largest FABTECH to date!

More importantly than the record high levels of space and attendance is the fact that FABTECH continues to contribute toward your company’s success. Repeatedly, exhibitors invest in FABTECH to generate sales leads and 2011 was no different. In fact, 29% of exhibitors reported FABTECH exceeded their lead generation expectations. Beyond lead generation, FABTECH exceeded expectations in image building, being able to demonstrate new technology and as a platform for new product launches.  As Show Management, we are proud to be THE authoritative event for the leaders in forming, fabricating, welding and finishing technology.

FABTECH is a Key Industry Resource
According to our show attendees, 57% reported in post show surveys that FABTECH exceeded their expectations as an overall event. They came to see and evaluate new products / technologies and were very pleased, with over 35% being exceedingly satisfied. Seeing equipment in action is always another primary reason buyers annually visit FABTECH. In 2011, exhibitors demonstrated thousands of products with nearly 41% of attendees saying their expectations were exceeded. When buyers think about new technology, FABTECH is the place they come to see the latest and greatest available to the world.

Complete show results can be found in the FABTECH 2011 Post Show Report

Audience Facts:

  • 52% were first time attendees  and 61% attend no other show
  • 29% had job titles of corporate executive/top-level management or job shop owner
  • 11% of attendees came from outside the U.S.
  • 82% of visitors are involved in some way in their company’s purchasing plans
  • 44% indicated budgets of $200,000 or more to spend on products and services
  • 52% of attendees plan to make a purchase in the next 6-9 months

Join Us in Las Vegas

The momentum of FABTECH continues as the show heads to Las Vegas, November 12-14, 2012 in the Central and North Halls of the Las Vegas Convention Center. The 2008 Las Vegas show proved to be an outstanding opportunity to reach the western manufacturing market and this year will be no exception. The Las Vegas venue also attracts a large number of buyers from the Midwest, Western Canada and internationally. If you have not booked your space already, be sure to contact a sales representative below to see what is available .

Fabricating/Tube & Pipe Exhibitors (A-L)
Michael Scott, FMA
(800) 432-2832 ext. 271
michales@fmafabtech.com

Fabricating/Tube & Pipe Exhibitors (M-Z)
Cara Collins, SME
(800) 733-3976 ext. 3126
ccollins@sme.org

Welding Exhibitors
Joe Krall, AWS
(800) 443-9353 ext. 297
jkrall@aws.org

Metalform Exhibitors
Roger Judson, PMA
(216) 901-8800 ext. 2155
rjudson@pma.org

Finishing Exhibitors
Andy Goyer, CCAI
(941) 373-1830
andy@goyermgt.com

US Factories Expanded At Fastest Pace In Six Months In December.

Posted by

Bloomberg News (1/4, Willis) reports, “US factories expanded in December at the fastest pace in six months, adding to evidence manufacturing is improving from India to the UK entering 2012. The Institute for Supply Management’s factory index climbed to 53.9 last month from 52.7 in November,” ISM’s data showed.

BBC News (1/4) reports, “It was the 29th month in a row that the sector has grown and the latest in a run of positive indicators from the US.”

The AP (1/4, Rugaber) reports, “In the US, factories hired more workers in December, saw the most growth in new orders since April and ramped up production.”

On its website, CNBC (1/4, Domm) reports, “The employment component rose to 55.1 from 51.8 in November, the highest since June. ‘Manufacturing might be a kind of small part of the employment picture, but it’s consistent with some of the other indicators which should show it (December employment) to be a good report,'” J.P. Morgan economist Michael Feroli.

The Minneapolis Star Tribune (1/4, Buchta) reports Bradley Holcomb, chairman of the ISM’s survey committee, “said that with new orders up and prices of raw materials down, ‘manufacturing is finishing out the year on a positive note.'”

CNNMoney (1/4, Isidore) reports, “The ISM survey also found new orders and the backlog of orders growing from November levels. Both are relatively recent turnarounds compared to the longer-term growth in the overall reading.” However, some “economists said it’s important not to read to much into the end of the year strength. Some of it may have been from businesses scrambling to make big ticket purchases before losing a tax break at the end of the year to write off the cost of that investment more quickly.”

Also covering the story are the Wall Street Journal (1/4, Mitchell, Linebaugh, Subscription Publication), Reuters (1/4, Johnson) and other media sources.

Manufacturing Conditions In Canada Improve In December. Canada’s Postmedia News (1/4, Morrissy) reports, “Manufacturing conditions improved in December as production and new orders both rose strongly, RBC’s monthly Purchasing Managers Index showed Tuesday. The composite indicator, intended to provide an early indicator of trends in the manufacturing sector and conducted in association with financial information services company Markit, posted a reading of 54 in December, up from 53.3 in November.” Paul Ferley, assistant chief economist at RBC Economics said, “The RBC PMI indicates that Canadian manufacturing activity not only continues to expand but also that the pace of activity strengthened relative to slowing growth in both November and October. This bounce back in part reflects increased foreign demand despite indications of the eurozone likely falling into recession and still modest growth in the US.”

Reuters (1/4, Sibonney) also covers the story.

From SME Daily Executive Briefing 1.4.2012