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Precision Metalforming Association Releases Business Forecast for 2009 - MEA Incorporated, an industrial manufacturing company in the US, is part of the PMA Business conditions report, where metalforming companies such as MEA Incorporated are expecting a slight up tick in business conditions for the next three months
Precision Metalforming Association Releases Business Forecast for 2009

 

PRZOOM - /newswire/ - Elk Grove Village, IL, United States, 2009/08/25 - MEA Incorporated, an industrial manufacturing company in the US, is part of the PMA Business conditions report, where metalforming companies such as MEA Incorporated are expecting a slight up tick in business conditions for the next three months.

   
 
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The business report is conducted monthly, and is an economic indicator for manufacturing, sampling 163 metalforming companies in Canada and the United States.

A modest improvement is seen when it comes to the trend in the general economic activity for metalforming companies. Among the participants, fourteen percent predicted progress in business, while 41 percent says that it will remain unchanged, and 45 percent reported a decrease in activity.

Metalforming companies awaits incoming orders, and this will somewhat improve on over the next three months. In addition, the current average daily shipping levels remains the same since January. Although expectations that business conditions will slightly boost in the next three months, the number of metalforming companies with a slice of their workforce on short time or layoff spiked to 64 percent in January.

According to William Gaskin, president of Precision Metalforming Association, “the metalforming industry relies on orders for components and assemblies by customers in many fields, including automotive, appliance, construction, electronics, defense, agriculture, off highway and other markets, nearly all of which are suffering significant production cutbacks.”

MEA Incorporated (meaincorporated.com) contributes to field services all over the world. The company has five full time field service engineers, all with a degree in electronics, trained in both hydraulics and mechanics that would be attainable for a range of customer demands. From years of experience, MEA has found that electronic control interfacing, troubleshooting and calibration are the most needed expertise by our customers. These services are provided on a routine basis through over the phone assistance and comprehensive issues being faced. MEA Incorporated also offers a rebuilding service in which equipment is restored to its original factory specifications.

 
 
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Precision Metalforming Association Releases Business Forecast for 2009

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Contact: Henri Vasquez - MEAIncorporated.com 
630-606-3344 webmaster[.]meaincorporated.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any MEA, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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