National Manufacturing Day (NMD) is an annual day of recognition for the modern manufacturing industry. Established to highlight companies in the manufacturing sector and their many accomplishments, it is also designed to inspire and help secure the next generation of American industrial creators. Those firms interested in participating may register on the official site. Once listed, individual events can be marked as public or invitation-only.
NMD initiatives include the promotion of STEM (Science, Technology, Engineering, Math) subjects, bridging the skills gap and reshoring of industry back to the U.S.
On Friday, Oct 6, 2017, NMD will highlight more than 2,000 American manufacturers, with many opening their doors to the public to showcase this vital sector of our economy and inspire America’s youth to pursue careers in manufacturing and engineering. Manufacturers like UP&R understand how essential it is to motivate millennials to graduate in science, technology, engineering, and math, as these graduates hold the key to future American production and innovation. Industries’ goals are to help ensure that the manufacturing industry in America will continue to not only survive, but thrive.
A couple of proudly made-in-the-USA examples from UP&R’s product line are Goldline and AMERIPRIDE Tarp Straps. These straps are used by truckers to keep their tarps securely tied down and their cargo safe from weather or any other environmental hazards.
Based in Middlefield, Ohio, our company got our start in 1970 and has been in continuous operation as a premiere custom manufacturer of rubber extrusions, plastic extrusions and rubber moldings including compression moldings, transfer moldings and injection moldings that meet the needs of our many valued customers. In celebrating this day, we not only acknowledge our contributions but those of all our partners in industry.
Happy National Manufacturing Day 2017 from Universal Polymer & Rubber! And remember to support initiatives like STEM education, bridging the skills gap, and reshoring year round!
With every presidential election comes change, and with a new administration in office both large and small business’ have been feeling the effects. The U.S. stock market saw a jolt of activity that hasn’t been seen since 2014. In August 2017 the Dow Jones set record highs, hitting an intraday peak of 22,179.11 on August 8th. Although the outlook seems optimistic, some of the numbers aren’t playing out as expected.
Although the Dow Jones is up, this is the first time numbers have been down in the manufacturing industry in a couple of years. As of July 2017, the monthly automotive light vehicle production in North America was off by about 13%. That’s a steep drop in an industry that has seen monthly increases (year on year) for two to three years. Here at Universal Polymer & Rubber, we understand how all industries can affect each other. For example, the housing industry has been flat and is down from just one year ago. All manufacturing companies that produce supplies for the housing industry will, in turn, feel the impact of the stagnant market. Although the outlook was good and indicators like the Dow Jones are up, small and medium sized manufacturing companies haven’t seen those positive effects.
What’s even more concerning is that the American manufacturing base sees more chaos than order. Take for example the North American Free Trade Agreement (NAFTA). 40% of our automotive business, and a large percentage of original equipment parts and systems, comes from Mexico and Canada. A change of border control and / or a tariff will change the expectancy and function of our business and the millions of businesses like ours. It will also send cost models out of the window, in an industry that is extremely cost conscious, that negotiates over pennies as if life itself depended on it.
President-elect Donald Trump has also campaigned on getting rid of NAFTA, feeling America is getting the short end of the stick. Now, President Trump is in negotiations to better the deal for the U.S., although many don’t think Canada or Mexico will buy into much change, as it would hurt their own countries too.
Mexico may well consider President Trump’s dedication to building a wall between the two countries as counter-productive to their goals. So whether or not NAFTA survives is anyone’s guess at this point. Many small manufacturers are struggling with the uncertainty of the future and what it holds, and uncertainty is never good for manufacturers. Here at Universal Polymer & Rubber, we will continue to manufacture rubber extrusions, plastic extrusions and rubber moldings including compression moldings, transfer moldings and injection moldings for our customers, while we stay abreast of what’s impacting our industry.
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