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Feeling optimistic these days? Despite media negativity, many manufacturing CEOs are upbeat

This time last year 86% of respondents to the PricewaterhouseCoopers' (PwC) Global CEO Survey were confident or very confident about the prospects for increasing their companies' revenues. This year, 64% expressed the same level of optimism. Despite the current economic crisis however, industrial manufacturing CEOs are positive about the longer term with 93% being confident about the potential for revenue growth over the next three years. The top three rated opportunities for contributing to this growth are geographic expansion, penetration of existing markets and new product development.

''Last year CEOs gave these three opportunities equal weight however, this year new product development ranks much lower on the boardroom agenda'' said Calum Semple, leader of PwC Canada’s Industrial Manufacturing Practice. ''Despite the downturn, industrial manufacturing CEOs are also still looking for suitable deal-making opportunities.''

The survey, which included the input from 109 global industrial manufacturing CEOs showed that merger and acquisitions remain high on the agenda with 35% of respondents intending to complete a deal over the next 12 months. High on the agenda is also technical improvement with 60% saying innovation is critical.

''Many companies have been forced to scale back their research and development (R&D) budgets meaning management will have to look for creative ways in which to support innovation such as collaborating with supply chain partners, customers and clients,'' noted Semple.

Industrial manufacturing CEOs feel their R&D could be more effective with access to better information and 83% say this is critical, 57% would like more information and 13% currently feel the information they receive is inadequate.


At DPN, we hope that you're getting some of that information!

For more advice from PriceWaterhouseCoopers, please visit: www.pwc.com/ca/managinginadownturn or www.pwc.com/ceosurvey

Mike Edwards, Editor, DPN Magazine medwards@clbmedia.ca
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   Skills Canada awards               SolidWorks World 2009

   



April 20-21, 2009. Toronto. Machine Automation Safety Congress 2009 featuring safeguarding (safermachines.com).

May 5-7, 2009. Toronto. PACKEX Toronto 2009 exhibition presented by the Packaging Association of Canada (packextoronto.com).

May 12-14, 2009. Montreal. Plant Maintenance and Design Show presented by the SME (sme.org/events).

May 28-30, 2009. Niagara Falls, ON. The Canadian Conference of the Power Transmission Distributors Association (ptda.org/canadianconference).

September 1-7, 2009. Calgary. The 2009 WorldSkills Competition for ages 17-22 in 45 skill categories, including mechatronics & robotics (worldskills2009.com).



  Training in Automation
       
 
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Our ''Training in Automation'' Spring schedule is now available and features new courses such as:
 
Introduction to Hydraulics
This course is designed to introduce the participant to the operating principles of hydraulic systems and to improve their ability in troubleshooting. Familiarity with design, function and operation of hydraulic components and their application in basic circuits will also be achieved.
 
Introduction to Electro-Hydraulics
Course participants will become familiarized with the function and operation of hydraulic and electrical equipment used in simple electro-hydraulic controls and will learn to troubleshoot electro- hydraulic systems and design simple controls.
 
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Hydraulic cylinders. TRD Manufacturing, a Bimba Company, has introduced HH series cylinders for heavy-duty industrial hydraulic operations. All models come in bore sizes 1.50, 2, 2.50, 3.25, 4, 5, 6 and 8 in.

Personal 3D ABS printer. The Dimension 3D Printing Group, a business unit of Stratasys, Inc. has introduced the uPrint Personal 3D printer (priced at US$14,900). Designed for the desktop, the printer requires a 25 x 26 in. footprint and features an 8 x 6 x 6 in. build envelope.

Machinable glass ceramics. Goodfellow has introduced a range of MACOR machinable material (rods, plates, bars and discs) and finished components that are precision-machined to customer specifications. The material is said to perform like of a technical ceramic with the versatility of a high-performance plastic.


 
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