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Searching IndustryNet for Aluminum Fabricating, servicing Iowa (IA). |
Aluminum FabricatingOTHER SUPPLIERS
IndustryNet is the industrial marketplace
List of verified suppliers of aluminum & steel fabrication & machining job shop.
2018 was a big year for manufacturing (you might even say it was "yuge"). As early as January, manufacturing firms were scrambling to sort through the newly-passed tax reform, and shortly thereafter the USTR announced its first tariffs on solar panels and washing machines (remember when it was just solar panels and washing machines?) Manufacturing in the U.S. continued to expand at a hectic pace, with new orders, production, and employment posting robust gains.
Raw material costs began to skyrocket as tariff action between China and the U.S. intensified and the threat of a trade war loomed. The trade gap widened and imports surged as companies rushed to procure supplies from China in advance of the 25% tariffs set to go into effect January 1st, 2019 (these were since delayed until Marc...(Full Article)
While historically companies have used imported aluminum to improve their bottom lines, with the implementation of tariffs on both the raw metal and fabricated products, manufacturers are exploring other strategies. Some, such as Coca-Cola and Genuine Parts, are expecting to pass their cost increases onto consumers. Others, like Illinois Tool Works, are pursuing local sourcing.
The advantages of domestic suppliers
With shorter distances involved when using domestic suppliers, the resultant costs of logistical problems regarding weather conditions and geopolitical obstacles can be reduced or eliminated. Transportation expenditures also are lower and fewer warehousing facilities may be required.
Buying domestically can also result in increased goodwill from consumers. Many customers...(Full Article)
Since 1855, aluminum companies have operated in the United States. As the country's economy has grown, the aluminum industry has grown with it. According to data compiled by IndustryNet, 940 aluminum companies provide 65,066 jobs. Average sales are $47.8 billion.
While the automotive and construction are a significant segment of the aluminum market, aluminum companies also serve the packaging, food service, agricultural and many other markets. The 10 oldest aluminum companies, listed here in reverse order of establishment, illustrate how the industry has grown and diversified in the over 160 years it has operated in the U.S.
...(Full Article)
Aluminum brings to mind foil to wrap leftovers and soda cans. The truth is, aluminum's impact on the U.S. economy reaches far further than these two iconic products. Aluminum enables strong, light-weight and eco-friendly cars. Manufacturers use them to create bulletproof shielding on Bradley tanks. Aluminum is in kettles, toasters and other kitchen utensils.
In construction, aluminum encases windows and strengthens bridges, railings and rods. Aircraft, boats and trains rely on aluminum. Its conductivity and weight make it ideal for power lines.
Aluminum even has a robust afterlife in recycling, with nearly 75 percent of all aluminum ever produced still in use today.
Given its versatility, it is no wonder that aluminum generates nearly $71 billion each year in direct U.S. economic...(Full Article)
Global tariffs on aluminum will affect U.S. production and jobs across a multitude of industries. The United States Trade Representative has released a massive list of tariffs. In addition to raw materials, thousands of products are affected.
They include equipment such as metal tool rollers, which are vital to the aluminum drawing and rolling sector. As aluminum prices rise, manufacturers may be struggling to find new domestic suppliers.
The state of the U.S. aluminum industry
IndustryNet has gathered data from 940 companies in the U.S. aluminum industry. The statistics cover the primary production of aluminum; aluminum die castings, aluminum foundries, sheet aluminum, aluminum extrusions and aluminum rolling and drawing.
These businesses report providing 65,066 jobs in the pa...(Full Article)
The Trump administration's recent authorization of tariffs on steel and aluminum has produced mixed reactions in U.S. industries. Manufacturers of these metals regard the action as defending their businesses against dumping by foreign competitors. Heidi Brock, president and CEO of the Aluminum Association, praised the decision. She issued a statement declaring: "We look forward to working with the president on implementation and to creating a more level playing field."
The American Iron and Steel Institute (AISI) explained its support for the action. Thomas Gibson, president and CEO of AISI, claimed, "About one-fourth of domestic steel capacity today is not being utilized. This is being fueled by the massive excess steel capacity in the world today, which is more than eight times larger...(Full Article)
IndustryNet recently reported on trends in the aluminum fabrication industry, finding the sector to be fairly stable over the year, with just a slight dip in employment and sales.
This report will take a look at some of the top companies in the U.S. aluminum fabrication industry today, measured by number of employees and square footage.
Currently, there are 185 companies specializing in aluminum fabrication in the U.S. today, employing 3,425 workers across the country. By comparison, there were 3,457 jobs last year, a .93 percent dip.
Sales edged down over the past year by 0.44 percent, from $1,801,149,994 to $1,793,149,993. Most aluminum fabrication firms have a stable number of jobs, with only six reporting an increase in employment and two reporting a decrease.
The vast ma...(Full Article)
The U.S. aluminum fabrication industry remains stable, which coincides with the sustained productivity of U.S. manufacturers in recent years.
New data released by IndustryNet suggests that aluminum fabrication companies continue to show resilience as the U.S. economy expands. IndustryNet's latest analysis includes these metrics:
The number of companies and jobs.
Top employers.
Job change over one year.
Average sales.
Regional differences.
Each metric emphasizes a different aspect of the U.S. aluminum fabrication industry.
Aluminum fabrication in the U.S. today
Currently, there are 185 companies operating in the U.S. aluminum fabrication industry. In total, these companies employ 3,425 workers across the country. Data on domestic distribution and international distr...(Full Article)
Metal fabrication is a significant contributor to the industrial economy in the United States. The nation's 7,110 metal fabrication companies are in great demand. Data gathered by IndustryNet shows sales in the industry have surged 8% in the past twelve months, while employment has grown 1.7%, These companies generated over $71 billion in revenue in 2017, and currently employ 147,504 in the U.S.
The distribution, sales, and workforce data vary by location and industry segment. This article will explore those differences and the criteria by which businesses may make an informed selection of a metal fabrication company. Companies that illustrate different aspects of this industry and the services they offer to customers, will be highlighted.
Choosing a metal fabrication provider
The...(Full Article)
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