We are currently wrapping up the CSI-Annual & Market Report. We are running a little behind (new projects always do) but look for the report to land, free of charge, in your mail box in late May or early June.
One of the hallmarks of our magazines is we make sure to include good news. The future of roll forming and metal forming appears to fall into that category.
A good measure of industry sentiment is a participant’s willingness to invest in capital equipment. These types of investment require time to earn out, so making that choice is based on a long term positive outlook for the industry.
From our survey:
Two thirds of companies involved in roll forming are likely to expand in the near future.
60% of manufacturers who are involved in metal forming plan to add manufacturing equipment in 2024.
With growth and expansion, the next question is typically what direction the industry will take moving forward. According to our survey, rank these product and tech innovations as the top ones that will have an impact on their businesses.
Look for more detail on this and other facets of roll forming and metal forming in the CSI-Annual & Market Report by Shield Wall Media, which is mailing in late spring 2024.
If you like the CSI columns or find the information useful, help us help you. Shield Wall media sends a State of the Industry Survey in fall and a mid-year State of the Industry Survey in Spring.
Please complete the survey and share it with your colleagues. A larger survey sample generates more reliable information.
