IMPACT REPORT2018

IMPACT REPORT2018

OVERVIEW OF PMAEF

Our Vision: The PMA Educational Foundation will be a national catalyst for educational change.

Our Mission: To increase the supply of skilled workers by supporting and developing training and education programs and by improving the public image and awareness of careers in metalforming.

We foster careers. We manufacture manufacturers.

We form metalformers.

3PMAEF 2018 IMPACT REPORT

Dear Friends,I am pleased to share with you the annual report for fiscal year 2018. Also, I would like to take this opportunity to thank you for your continued support and commitment to the Precision Metalforming Association Educational Foundation (PMAEF).

Like last year, this has been a year of change. Fortunately, one constant has been the Foundation’s dedication to supporting and developing training and education programs for the metalforming-industry.

We are proud to be the funding entity and driving force behind METALFORM EDU. In an effort to ensure continued growth and sustainability of the program, the board pledged additional support in the coming year and allocated additional funds for workforce development initiatives such as apprenticeships and the NIMS Skills Standards.

Other areas of focus include improving our granting and reporting processes; formalizing the relationship between PMAEF and PMA; and garnering additional support for the Campaign for Metalforming Talent.

Having completed my first year, I am humbled by your generosity and support, as well as the dedication of our board members. I am proud to be a part of such a close-knit community. Thank you!

Sincerely,

LETTERS FROM

LEADERSHIP

Dear Friends and Colleagues,I officially started my tenure as board chair on April 1, and would like to thank immediate past-chair Jeffrey Clark for his dedication and work guiding the board. Because of Jeff’s passion and support for the organization, we had a very successful year during a time of transition.

PMAEF continues to look for ways to support the industry and build awareness for metalforming careers, and to enhance the supply of skilled workers by supporting and developing training and education programs.

METALFORM EDU launched in the fall, and we are seeing positive results and a renewed interest in press operations and die setter training. In addition, hundreds of PMA member company employees have gained valuable technical and soft skill training. The foundation remains committed to the $1.3 million investment it has made to this worthwhile endeavor with PMA, and will continue to monitor and invest in meaningful projects that support our mission.

Other highlights from this year include strategic planning sessions that identified new priorities to support workforce development initiatives, and the addition of a new executive director, Nichol (Campana) Lopriore.

The board and I offer sincere gratitude to our donors, founding members, partners and all who have joined us in building enthusiasm for, and awareness of, careers in metalforming. We look forward to a strong and bright future.

Sincerely,

Nichol (Campana) Lopriore Executive Director, PMAEF

Erick Ajax Chairman of the Board

4 PMAEF 2018 IMPACT REPORT

Founding Member Honor RollPLATINUM ($50,000+)Boker’s Inc.Minneapolis, MN

Brown Corp. of America Inc.Ionia, MI

Link SystemsNashville, TN

James R. LozelleAnn Arbor, MI

The Minster Machine Co.Minster, OH

Phoenix Specialty Manufacturing Co.Bamberg, SC

Stamco Industries, Inc.Euclid, OH

Stamtec, Inc.Manchester,TN

Walter SutowskiCleveland, OH

Thomas Engineering Co.Minneapolis, MN

Trans-Matic Mfg. Co., Inc.Holland, MI

GOLD ($25,000+)A.J. Rose Mfg. Co.Avon, OH

Anchor Manufacturing Group, Inc.Cleveland, OH

Art Technologies, Inc.Hamilton, OH

Michael & Kathleen AznavorianPlymouth, MI

The Genesee GroupGrand Prairie, TX

Wayne & Susan HamiltonAnn Arbor, MI

IMH Products, Inc.Indianapolis, IN

Interlake Industries, Inc.Willoughby, OH

Dennis & Cindy KeatRochester, MI

Kendale Industries, Inc.Cleveland, OH

Meier Tool & Engineering, Inc.Anoka, MN

Micro Stamping Corp.Somerset, NJ

Ohio Stamping & Machine Co., Inc.Springfield, OH

The Quarterly ClubAuburn Hills, MI

Stewart EFIThomaston, CT

Vibro/Dynamics Corp.Broadview, IL

Walker Corp.Ontario, CA

Dieter Weissenrieder / Weiss-Aug Co., Inc.East Hanover, NJ

SILVER ($10,000+)American Engineered ComponentsBrighton, MA

American Iron & SupplyMinneapolis, MN

Atlantic Tool & Die Co.Strongsville, OH

Atlas TechnologiesFenton, MI

Batesville Tool & DieBatesville, TN

Bennett Tool & Die Co., Inc.Nashville, IN

Richard & Gerri Brown / Richard H. Brown FoundationAda, MI

Clow Stamping Co.Merrifield, MN

Dayton Rogers Mfg. Co.Minneapolis, MN

Die-Matic Corp.Cleveland, OH

GR Spring & Stamping Inc.Grand Rapids, MI

Lacey Manufacturing Co.Bridgeport, CT

Larson Tool & Stamping Co.Attleboro, MA

Mark Concepts, Inc.Dayton, OH

Minneapolis Washer & Stamping, Inc.Minneapolis, MN

Olson International Ltd.Chicago, IL

Parkview Metal ProductsChicago, IL

Pentaflex, Inc.Springfield, OH

The Quarterly Club in memory of Jim McGregor

Ralco Industries, Inc.Auburn Hills, MI

Reichert Stamping Co.Toledo, OH

Res ManufacturingMilwaukee, WI

Wintriss Controls GroupActon, MA

Zierick Manufacturing Corp.Mount Kisco, NY

DONATIONS

5PMAEF 2018 IMPACT REPORT

2018 Board of TrusteesCHAIRMANErick AjaxE.J. Ajax & Sons, Inc.

BRONZE ($5,000+)Burnside Mfg. Co.Spring Lake, MI

Continental Midland Inc.Park Forest, IL

Co-Planar, Inc.Rockaway, NJ

Dalco Machinery, Inc.Toledo, OH

Dallas Industries, Inc.Troy, MI

E & E Manufacturing Co., Inc.Plymouth, MI

William & Ann GaskinChagrin Falls, OH

Ralph & Carla HardtValencia, PA

Hialeah Metal SpinningHialeah, FL

HK Metalcraft Mfg. Corp.Lodi, NJ

Lakeshore Stamping Co., Inc.Chesterfield, MI

Lapham-Hickey Steel Corp.Chicago, IL

Laystrom Manufacturing Co.Chicago, IL

Nels & Liz LeutwilerChicago, IL

Morrissey Inc.Minneapolis, MN

ODM Tool & Manufacturing Co., Inc.McCook, IL

Patton-MacGuyerProvidence, RI

Plante & Moran, LLPSouthfield, MI

PMA East Michigan District

PMA Indiana District

PMA New England District

PMA Southern New England District

Radar Industries, Inc.Roseville, MI

Stone City Products, Inc.Bedford, IN

Stripmatic Products, Inc.Cleveland, OH

Sup-R-Die, Inc.Cleveland, OH

Tower Automotive, Inc.Grand Rapids, MI

Triad MetalParma, OH

W & H Stampings & Fineblanking, Inc.Hauppauge, NY

Richard & Susan WilkeyWatertown, WI

Wing & Jabaay Inc.Grand Rapids, MI

James & Joan ZawackiGrand Rapids, MI

Gretchen ZierickMount Kisco, NY

TRUSTEESWilliam J. Adler, Jr.President & CEO, Stripmatic Products, Inc.

Michael AznavorianCEO, Clips & Clamps Industries

Chuck CederbergPresident, Larson Tool & Stamping Company

Jeffrey S. ClarkPresident, Waukesha Metal Products

Virgil DeLayPresident & CEO, The Diemasters Manufacturing, Inc.

Jody FleddermanPresident & CEO, Batesville Tool & Die, Inc.

Bill HickeyPresident, Lapham-Hickey Steel Corporation

Richard P. KellyTraining & Business Dev. Director, Hennepin Technical College

Mike LauberCEO, Tusco Display

James PiperPresident, Ralco Industries, Inc.

Troy RobertsCEO, Qualtek Manufacturing, Inc.

William R. SmithCEO, Termax Corporation

PMA CHAIRMANDavid ArndtPresident, Pentaflex, Inc.

PMA EDUCATIONAL FOUNDATION STAFF Nichol LoprioreExecutive Director

David KlotzPresident & Secretary

Erin RiffleDevelopment Associate

6 PMAEF 2018 IMPACT REPORT

Donors & Supporters

WITH SINCERE

APPRECIATION

CAMPAIGN 4 METALFORMING TALENT SUPPORTERS

Contributor (< $4999)

Boker’s, Inc.

Dallas Industries

Hialeah Metal Spinning, Inc.

Richard Kelly

Pentaflex, Inc.

PMA New England District

Bernard Rosselli

Michael San Filippo

Tusco Display

Dieter Weissenrieder

Platinum ($100,000+)

Lapham-Hickey Steel Corp.

Trans-Matic Manufacturing, Inc.

Termax Corp.

Gold ($50,000+)

Batesville Tool & Die, Inc.

Erick Ajax & Kristen Olsen

Pridgeon & Clay, Inc.

Waukesha Metal Products

Silver ($25,000+)

Clips & Clamps Industries

Dayton Rogers Manufacturing Co.

E & E Manufacturing Co., Inc.

Lap Tech Industries

Stamco Industries, Inc.

Stewart EFI, LLC

Stripmatic Products, Inc.

The Sutowski Foundation

Joan & Jim Zawacki

Bronze ($10,000+)

Diemasters Manufacturing, Inc.

Larson Tool & Stamping Company

Friend ($5,000+)

Ann & William Gaskin

PMA Cleveland District

PMA East Michigan District

PMA West Michigan District

Troy Roberts

2018 DONORS

Partner ($999 - $500)

Troy Turnbull

Friend ($499 - $250)

Bob Clay

Donor ($249 - $100)

Chuck Cederburg

Kent Djubek

Brandon Enright

Robyn Fledderman

Bill & Ann Gaskin

Joe Gentilia

Douglas Johnson

Gene Lambert

Michael Landgraf

Jay Michaelsen

David Pesci

Mark Polewski

Bernie Rosselli

Kelly Springer

Patrick Steininger

Richard Wagy

Jim Woidke

Rick Wilkey

Mark Verhein

7PMAEF 2018 IMPACT REPORT

THANK YOU. THANK YOU. THANK YOU.

8 PMAEF 2018 IMPACT REPORT

Revenue

Contributions $481,215

Investment Earnings $91,777

FINANCIALS

TOTAL$1,290,944

48%

19%

7% 9%8%

8%

TOTAL$1,429,435

51.4%

48.6%

EXPENSES$819,410

EXPENSES$820,915

72%

24%3%

1%

REVENUE$572,992

83.9%

16.1%

91%

5%

3%1%

TOTAL$1,290,944

48%

19%

7% 9%8%

8%

TOTAL$1,429,435

51.4%

48.6%

EXPENSES$819,410

EXPENSES$820,915

72%

24%3%

1%

REVENUE$572,992

83.9%

16.1%

91%

5%

3%1%

Expenses

Grants, Programs & Services ($746,940)

Operations & Administration ($40,630)

Fundraising ($24,561)

Governance ($8,784)

9PMAEF 2018 IMPACT REPORT

PMA Educational Foundation Statements of Financial Position

March 31, 2019 and 2018

ASSETS 2019 2018

CURRENT ASSETS Cash and equivalents $ 54,847 $ 108,535 Pledges receivable - current 163,500 46,000 Total current assets 218,347 154,535

OTHER ASSETS Investments 2,171,083 2,464,085 Pledges receivable - non-current, net 271,111 120,529 Other 5,219 5,000 Total other assets 2,447,413 2,589,614

Total assets $2,665,760 $2,744,149

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES Accounts payable $ 258,403 $ 177,782

NET ASSETS Without donor restrictions 1,502,629 1,929,721 With donor restrictions 904,728 636,646 Total net assets 2,407,357 2,566,367

Total liabilities and net assets $2,665,760 $2,744,149

10 PMAEF 2018 IMPACT REPORT

C4MC

The Center for Metalforming Careers (C4MC), center4metalformingcareers.org, provides industry resources that highlight metalforming as an outstanding career option. In 2018, the PMA Educational Foundation launched a redesigned C4MC website that houses free resources such as videos, tips and career brochures intended to help PMA members engage and attract new talent. In addition, there are new materials available to help your company promote and host successful MFG Day events.

MFG DAY 2018

Manufacturing Day helps show the reality of modern manufacturing and encourages companies around the nation to open their doors to students, parents, teachers and community leaders. PMA members continue to join the movement and hosted plant tours, gave presentations and presented hands-on activities to help inspire the next generation of manufacturers.

PMA member companies are encouraged to utilize the resources on the Center 4 Metalforming Careers website, and to share your stories and pictures with us.

Among those celebrating MFG Day and highlighting the rewarding careers that are available in the industry were:

• Accutrex

• Ace Clearwater

• Acme Wire Products Co., Inc.

• AIDA-America Corporation

• Anchor Danly

• Art Metals Group

• Automation Tool & Die

• Balluff

• The Bradbury Group

• Bruderer Machinery, Inc.

• Clips & Clamps Industries

• Custom Rollforming Corp.

• Dayton Lamina

• E&E Manufacturing

• Enterprise Tool and Die, LLC

• GEMCITY Engineering and Manufacturing

• Goshen Stamping LLC

• HYSON Metal Forming Solutions

• Jones Metal Products Co.

• Ken-tron Mfg., Inc.

• Marion Manufacturing Company

• Master Finish

• Mate Precision Tooling

• Middleville Tool & Die

• Morrissey, Inc.

• ODM Tool & Mfg Co.

• Pentaflex, Inc.

• Progressive Stamping & Fabrication

• Qualtek Manufacturing, Inc.

• Reich Tool & Design

• Scandic

• South Texas Manufacturers Association

• Special Products & Mfg., Inc.

• Stewart EFI Texas, LLC

• Superior Die Set

• Ultra Tool & Manufacturing

• Walker Tool & Die, Inc.

• Waukesha Metal Products

• Weiss-Aug Co., Inc.

KEY INITIATIVES

Host an EventOpen your doors to showcase modern manufacturing and inspire the next generation of manufacturers.

Attend an EventManufacturing Day events take place all across the country. Use the interactive map to find events in your area to attend.

Sponsor an EventManufacturing Day Sponsors play vital roles in the success of MFG Day. Support the initiative on a state or national level.

GET INVOLVED

11PMAEF 2018 IMPACT REPORT

METALFORM EDU RecapTRAINING ANYTIME, ANYWHERE

The metalforming industry’s future depends on what we do today to ensure a skilled workforce for tomorrow. That reality drives what we do at the Precision Metalforming Association Educational Foundation (PMAEF). Since its inception, PMAEF has provided $2.5 million in grants, many of which have helped PMA focus on workforce development initiatives, including its largest training initiative to date: a $1.35 million investment, in collaboration with PMA, resulting in METALFORM EDU.

In 2017, PMA worked with PMAEF to find a content development partner, 180 Skills, to convert PMA’s existing training materials into an online learning experience. More than 500 courses were selected to pair with technical courses authored by PMA, which were packaged in licenses that offered companies access to a wide range of training materials.

METALFORM EDU officially launched in the fall of 2018, with

PMA facilitating several webinars and one-on-one demonstrations. Moreover, its presence at FABTECH and Forming Our Future, plus presentations at 12 district events, helped establish METALFORM EDU as a premier training resource.

In November 2018, a task force was convened to help steward the scope and direction of METALFORM EDU. The task force worked with PMA to create a business plan addressing the need for additional improvements to the LMS licensing and content options, as well as ways to improve the user experience, especially for the human resources and training managers whose needs differ from those of individual learners. An overall emphasis is being placed on improving the end-user experience.

To help customers better understand and identify the METALFORM EDU product that best fits their needs, a license calculator was created. Additionally, 32 PMA courses were translated into Spanish, with plans to launch a Spanish language version of METALFORM EDU in FY19.

In its first year of operation METALFORM EDU has trained 230 employees in 77 companies throughout 16 PMA Districts.

METALFORM EDU

Precision Metalforming Association Educational Foundation 6363 OAK TREE BLVD. INDEPENDENCE, OH 44131 P. 216 901 8800 | F. 216 901 9190

PMA.ORG/FOUNDATION