MFG Meeting Hosts 750+ Manufacturing Executives
More than 750 manufacturing executives attended the second edition of The MFG Meeting (Manufacturing for Growth), March 8-11, 2012, in Orlando, Florida. The event was organized by the Association for Manufacturing Technology (AMT), the American Machine Tool Distributors' Association (AMTDA), the National Tooling and Machining Association (NTMA) and the Precision Metalforming Association (PMA).
During the meeting, AMT and AMTDA announced the merger of the two associations. The Associations have integrated their products and services to better serve the members of both associations, calling the merger a logical evolution for the manufacturing technology industry. AMT leadership says, "We are uniting the entire manufacturing technology supply chain from engineering and building machines, to integrating automation and support, to distribution services, which will well serve the users of manufacturing technology for their future."
The hosts of The MFG Meeting comprise more than 4,000 small and medium-sized manufacturers and distributors from all 50 states that provide products for the aerospace, automotive, construction, energy, medical and many other industries in the United States and abroad. By sharing resources, The MFG Meeting provided an opportunity for attendees to exchange best practices as the manufacturing industry continues its resurgence in the U.S.
This second annual MFG Meeting got underway on Thursday with a record-breaking number of attendees listening to Joe Gibbs, Hall of Fame head coach of the Washington Redskins and owner and founder of Joe Gibbs Racing. Coach Gibbs brought into focus the three priorities of living a successful life, which are God, family, and job. By listening to his personal experiences in keeping with these priorities, the audience received a great deal of food for thought.
Following Coach Gibbs, attendees received sound advice from Brad Hams, president of Ownership Thinking, LLC. Hams discussed the importance of teaching employees to think and act like business owners and creating broad-based incentive plans that are self-funding and align employees' behavior to the organization's business and financial objectives.
On Friday, the General Assembly Session centered on an industry and economic update from the President of The Institute for Trend Research, Alan Beaulieu, and Adrian Cooper, CEO, Oxford Economics. While both economists believe that the industry may experience a modest slowdown in 2013, they also predict that the business cycle trend will continue to strengthen through 2017. Since it is not often that two economists agree on a five-year forecast, their talks certainly renewed the confidence of the audience to move forward with production growth plans.