Sko-Die

800.486.4756

REQUEST FOR QUOTE

Industry News

October 2016 - Will we see a stronger Manufacturing economy in 2017?

It’s hard to believe that 2016 is rushing past us and that we are on the cusp of 2017. What happened to that 2016 manufacturing recovery that many of the macroeconomic prognosticators envisioned? For those whose long term success is tied to a strong and sustained US Manufacturing economy, we feel as of late like the perpetually optimistic Chicago Cubs fan, being told "wait 'til next year". That "next year" may be now for the Cubs fans, but what about manufacturing?

Seems like back in 2014 the predictions were for a potentially weak 1st half and then a steady recovery in late 2014, continuing on into 2015 and 2016. Business owners were encouraged to expand and invest to put their manufacturing businesses in a favorable position to reap the rewards of a “manufacturing run” that would span several years. Then, in the 2nd half of 2014 began the steep decline on Oil Prices that seemed to change the calculus and to push those recovery predictions out into 2015 or 2016. 

Read more ...

July 2016 - Steel Pricing – Supply side factors driving pricing upwards

Looking at the trends in steel pricing for the 1st six months of 2016, it is hard to miss the direction and magnitude of the price increases that the market is seeing. The generally referenced pricing indices that many in the manufacturing sector follow have trended upwards in the arena of 60% since January 1. This observation is specific to the flat rolled sheet steel products that are the primary raw materials for the products that we provide to our valued customers. Looking specifically at the Cold Rolled CRU index, published pricing is now at its highest point since early 2012.

Read more ...

July 2015 - Energy Efficiency and the markets that we serve

July 2015 - Energy Efficiency and the markets that we serve. The broad topic of Energy Efficiency touches our lives and our industry in many ways. Cost savings and stewardship of our planet’s natural resources are but a couple of the many drivers of the actions being taken across the manufacturing sector to address this topic.  More than half of all electricity consumed in the manufacturing sector is used for powering motors.  At Sko-Die, the Motor, Generator and Transformer markets are at the heart of those industries that we are proud to serve.  We remain steadfast in our efforts to assist our customers in achieving improvements in the area of efficiency.

Read more ...

December 2015 - Economic Indicators and the Manufacturing Economy

DECEMBER 2015 - Economic Indicators and the Manufacturing Economy………A vibrant domestic manufacturing sector is a key contributor to the economic engine of our country. At Sko-Die, we are firmly committed to the strength and expansion of our domestic manufacturing sector. For nearly 70 years, we have served an array of markets and customers that are all affected by the relative strength or weakness of several economic indicators. Though the major media outlets do make regular mention of our manufacturing economy, a vast majority of the discussion tends towards some of the specific subsets of our overall manufacturing sector, such as Housing Starts, Automobile production and Oil Pricing.

Read more ...

March 2015 - U.S. COMMERCE SECRETARY PENNY PRITZKER ANNOUNCES NEW MANUFACTURING COUNCIL MEMBERS

Sko-Die is a proud member of several industry associations that are committed to the advancement of our industry and a strong overall Manufacturing economy.  The TMA (www.tmaillinois.org) is one such association with which Sko-Die is strongly aligned.  The TMA was in the news recently as one of our fellow association members was named to the US Commerce Department's Manufacturing Council.  This council, formed in 2004, advises the Commerce Department on policies and strategies to strengthen the US Manufacturing Economy.  Sko-Die and the TMA are proud to have a member participate in this capacity. 

Read more ...