MMT Blog

Noteworthy News: Weekly Wrap-Up

There’s always something interesting going on in the moldmaking industry. See the recent news releases below to see current happenings for this week!

Do you have company news you want to share with the moldmaking industry? Check out MoldMaking Technology’s Editorial Guidelines for Press Releases to find out how you can submit yours today!

Read More

By: Bill Rousseau 12/23/2019

Only an Educated Buyer Can Reap the Rewards

Patented electronically-actuated valve gate systems precisely control each valve pin’s position, acceleration, velocity and stroke allowing molders the unique ability to control the flow rate out of each nozzle gate at any time during the fill process. This technology is ideally suited for injection molding applications that require precision, responsiveness and repeatability, such as multi-shot/multi-material, sequential/cascading molding or for parts that require premium cosmetic surfaces. It is ideal for use in all electric and cleanroom environments. 

The operating principle is as follows:

Read More

American Mold Builders Association (AMBA)

Beginning February 2, AMBA will accept nominations for its prestigious industry awards: AMBA Mold Builder of the Year Award and AMBA Tooling Trailblazer of the Year Award. Visit the AMBA website to download and submit nomination forms. On February 7, the AMBA will host a State of the Industry webinar (free to AMBA members). AMBA Executive Director Troy Nix will break down the findings from the AMBA 2020 Business Forecast Report, the recent AMBA 2019/2020 Wage and Benefits Report and the 2020 MAPP State of the Plastics Industry Report. Register online at amba.org.

Read More

The Gardner Business Index (GBI): Moldmaking reported another month of modest contraction, registering 48.3. Index readings above 50 indicate expanding activity while values below 50 indicate contracting activity. The further away a reading is from 50 the greater the magnitude of change in business activity. October’s results were led by a strong expansionary reading in new orders followed by a modest expansion in production. For the first time since at least 2011, supplier deliveries were the worse performing component of the index, falling over 8-points in October. Other components which weighed on the Index during the month included exports, backlogs and employment.

October was notable for its strongly diverging readings of new orders and exports. An increase in total new orders coupled with a simultaneous contraction in export orders implies that domestic orders expanded greatly during the month. Furthermore, October’s strongly contractionary supplier delivery reading -the lowest since at least late 2011- was not unexpected given that backlogs have contracted during the last five months, total new orders have contracted in two of the last three months and production readings have averaged just slightly over 50 in the same period. Upstream suppliers may want to be particularly observant of downstream demand changes in the near-term.

Read More

“The automotive market is shifting, and the numbers and types of participants are exploding,” Michael Guckes, chief economist and director of analytics for Gardner Intelligence, the parent company of MoldMaking Technology, says. So, two main questions to ask yourself are:

A few takeaways from Guckes and Gary Vasilash, editor of Autobeat include:

Read More