The metal forming, fabricating, and welding industries are facing challenges. According to the October 2015 Business Conditions Report from the Precision Metalforming Association (PMA), one-third of metal forming companies reported declines in daily shipping levels for each of the last six months. Some PMA members are now forecasting a modest increase in orders, but Ohio’s Longbow Research predicts that the welding industry will struggle through the end of 2016.
