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Money Matters

Optimism for the Conveyor Industry

By Robert Reinfried, Exec. Vice President, CEMA The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first 6 months of 2015 increased 5.78% compared to the same period in 2014, with total orders of $5.72 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2015 increased 7.87% compared to the same ...

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MAPI Economic Forecast

Growth but No “Break Out” Boom By The MAPI Foundation, Reprinted with permission from MAPI A number of factors have challenged economic growth in 2015, among them a second straight severe winter, the West Coast port strike, a strong dollar and collapse of oil prices, but assuming the first two were anomalies, there should be marginal improvement for 2016 according ...

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US Forklift Industry Remains Strong

By Brian Feehan, President, ITA With no shortage of headline-grabbing news from Washington, DC; “Will the Federal Reserve Raise Rates? Will Congress Pass a Debt Ceiling Increase and Negotiate a Budget? Will US Foreign Trade Policy Initiatives Pass Congress? Will Presidential Election Politics Gridlock Washington?” Some of these headline questions have been answered – Congress passed a debt increase and ...

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MHI Predicts Modest Slowdown in Material Handling Equipment Manufacturing in 2016

By George Prest, CEO, MHI After experiencing near historic highs in 2015 for Material Handling Equipment Manufacturing (MHEM), MHI predicts a modest slowdown in U.S. material handling equipment manufacturing in 2016. MHEM orders are expected to be $31.1 billion in 2015, but fall in 2016 by 11.3 percent to 27.6 billion. Domestic Demand is expected to be 30.7 billion in ...

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MHEDA Suppliers Display Restrained Optimism

By Chris Powers On these pages last year, MHEDA Suppliers predicted heady times and spoke of possible revenue records to be set in 2015. Many suppliers brought those expectations into fruition, as 2015 was by and large a positive one for the industry. The outlook is still positive for 2016, although MHEDA Suppliers are a little more measured with their ...

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Slow Growth Forecasted for 2016

MHEDA dealers across North America anticipate growth, though not as robust as years past By Steve Guglielmo Every year, the 1st Quarter issue of The MHEDA Journal is devoted to forecasting the industry for the year to come. To do this, we not only get forecasts from our partner associations like MHI (page 65), ITA (page 66), MAPI (page 72) ...

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Pricing the Forgettable Last Five Percent

By Dr. Albert D. Bates, President, Profit Planning Group Most distributors continue to lament the pervasive, and possibly increasing, pressures on gross margin percentages. Seemingly, price is outweighing almost every other factor in the competitive arsenal. At the same time, gross margin is one of the “big two” in increasing profits for distributors (the other being operating expenses). This creates ...

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Facing Inflation

Keeping your company prepared for an inflationary environment By Steve Guglielmo and Mike Vaughan “The industry may be facing an inflationary environment within the next 3-5 years and members need to understand and be prepared to operate their businesses during these conditions.” – MHEDA 2015 Critical Impact Factor Number 12 The past four years have been a renaissance for MHEDA ...

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Turning Sales into Profit

Takeaways from MHEDA’s DiSC Report By Al Bates Every analysis of distributor profitability comes to the same conclusions: Three key factors drive profitability. Those factors are (1) the ability to increase sales a little faster than inflation, (2) the ability to maintain an adequate gross margin in the face of competitive pressures and (3) maintaining control of expenses, especially payroll, ...

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Growth As Strategy

How to strategically plan and execute a growth strategy By Jerry Weidmann Successful, profitable growth at a rate greater than the economy grows requires strategic planning. Strategic planning is a critical component of running a successful business. It is one of our core tenets at Wisconsin Lift Truck and it is one of the pillars that MHEDA is built on. ...

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