The end of Ohio healthcare contracts and the sharp rise in precision machining industry spending pave the way for PMTS 2021
The end of Ohio health ordinances and the significant increase in
The precision machining industry sheds light on PMTS 2021
The Precision Machining Technology Show (PMTS), held August 10-12, 2021 in Cleveland, Ohio, today announced its optimism for a rapid recovery in the precision machining industry. As one of the first tradeshows in the industry to return to pre-pandemic event plans and routines, economic indicators and early registration numbers support their expectations of meeting or exceeding previous attendee and exhibitor turnout.
“We’re excited to see the world reopening and returning to normal, and we’re excited to welcome back this dynamic community with everyone’s safety high on our priority list,” said Allison Kline Miller, chief events officer for Gardner Business Media. “It is the precision machining industry event that everyone is looking forward to and we are optimistic that this year will be no different.”
The latest news from Ohio Governor Mike DeWine underscores PMTS’s path to exceptional success. On June 6th, the Ohio Department of Health overturned most COVID-19 health ordinances, including face-covering protocols, group capacity limits, and social distancing restrictions. PMTS will remain vigilant about safety and security measures while creating an audience-friendly atmosphere that is beneficial for showcasing new technology and services, bringing together buyers and sellers of precision machining, and promoting professional development throughout the three days.
Ohio’s announcement to end healthcare contracts is welcome news after Gardner Business Intelligence (GBI), which heralds the most widespread economic recovery and growth in any major manufacturing industry since the GBI began in 2011.
Steve Kline Jr., GBI’s chief data officer, said, “A strong economic situation like this, which we haven’t seen in more than five years, means that machine shops are whole-heartedly committed to investing in their businesses again. We know the average owner wants to spend more than $ 642,000 on capital goods in the next 12 months. Although new machines take a little longer to ship due to global disruptions in the supply chain, store owners use this time to invest in technology, automation and software that make their employees more efficient and productive. ” [View Video]
“When you combine the three positive trends we’re seeing – the ever-growing response to personal participation in PMTS, the knowledge that Ohio makes traveling and interacting easier and more comfortable, and the great economic market conditions for manufacturers – it is almost impossible not to be enthusiastic and feel motivated. This year, more than ever, our members need PMTS to securely collect, share and gain information and to advance the market for precision machine products, ”said Cate Smith, Executive Director of PMPA. “Also, on a recent visit to the convention center, I was very impressed with the improvements they made in response to the pandemic, including special microbial handrails on the escalator with UV light treatment, more touchless doors and new technologies in HVAC to purify the air , among other hygiene improvements, ”she says.
The PMTS exhibition hall is more than 80% sold, but there are still places available. Information on participants and exhibitors as well as registration can be found at PMTS.com.
About the Precision Machining Technology Show (PMTS)
Presented by the Precision Machined Products Association and jointly presented by Production Machining, Products Finishing and Modern Machine Shop, PMTS is concerned with product technology, process innovation and business development in the precision machining parts industry. Founded in 2001, the biennial event includes an exhibition hall, machine demonstrations, on-site knowledge centers, and classroom-style technical sessions. www.PMTS.com
About the Precision Machined Products Association (PMPA)
The PMPA has been in continuous operation since it was founded in 1933. The organization’s success is directly attributable to the continued commitment of its members at the chapter, committee and board levels. The PMPA is made up of industry leaders who know that having a strong trade association is critical to securing the future of manufacturing in North America. www.pmpa.org
About Gardner Business Media, Inc.
Gardner Business Media, the leading publisher for the heart of manufacturing in North America, provides unique, unique, and relevant information of great interest to the people who run power plants, businesses, and factories. Gardner Business Media was founded in 1928 (as Gardner Publications, Inc.) in Cincinnati, Ohio, with the introduction of Modern Machine Shop magazine. To this day, Modern Machine Shop is recognized worldwide as the leading trade magazine for metalworking and machine tools in North America. Gardner has built a niche with titles that focus on one area: manufacturing. We bring industrial buyers and sellers together through our integrated media approach. www.gardnerweb.com
About the trade fair for precision machining technology