5/20/2010 8:01:00 PM
2009 Forging Sales Drop; Crowley Heads FIA
Kevin Crowley is the new president of the Forging Industry
Association. Crowley is CEO of Forged Products Inc. of Houston.
The association’s annual report showed 2009 sales of metal forgings produced by independent forging plants in North America were down.
• Industry shipments for custom impression die forging totaled $4.8 billion in 2009, down 21% from 2008.
Bookings of impression die forging orders during 2009 fell 33% to $4.1 billion.
The aerospace sector rose to 389.6% of impression die forgings – up fro 33.6% for 2008; while automotive fell from 23.6% to 19.4%.
• Custom open die forging shipments decreased 25% from 2008 to $1.5 billion for 2009. Bookings of open die forging orders during 2009 fell 34% to $1.3 billion.
Construction, mining and materials handling equipment remained the leading open die market segment at 16.3% – but down from 23.1% in 2008. General industrial machinery and equipment remained second at 10.6%.
• Total 2009 shipments for custom seamless rolled ring forging decreased 27% from 2008 to $1.3 billion.
Aerospace engines and engine parts accounted for 55% of seamless rolled rings produced, up from 49.1% for 2008. Oilfield machinery and aircraft auxiliary equipment were second at 6.3%.
FIA’s annual report of industry sales is based on information compiled from companies believed to have produced an average of 92% of 2009’s total custom forging sales. The report is statistically treated to represent 100% of industry shipments. Figures do not include forgings for captive use or standard catalog products or components produced via the cold forging process.
Michael Kamnikar, senior vice president for marketing & business development at Ellwood Group Inc. of Ellwood City, PA, was elected vice president.
Joining the board are: Jose Bravo, vice president for sales, Frisa Forjados S.A. de C.V., Monterrey, Mexico; Dennis Potter, COO, Impact Forge Group, Hephaestus Holdings Inc., Columbus, IN; Robert Smith, vice president of sales, Danieli Corporation, Cranberry Township, PA; Arnold Visser, COO, IMT Corporation, Ingersoll, Ontario, Canada.
Douglas Brown, president of Industoheat Inc., Madison Heights, MI, is president of the Forging Industry Educational & Research Foundation.
FIA is comprised of 110 North American producers of forged metal components, accounting for 190 plants producing 70% of the custom forging volume. Web: forging.org ©2010 GlobalFastenerNews.com
Related Links:
Share: