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National Tooling & Machining Association. State of the industry. Business Conditions are Improving! 79% of NTMA members indicate business is good to excellent Factory use rate is rebounding Nearly 65% indicate a moderate or better increase over the next 6 months
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State of the industry Business Conditions are Improving! • 79% of NTMA members indicate business is good to excellent • Factory use rate is rebounding • Nearly 65% indicate a moderate or better increase over the next 6 months • Machine tool consumption is up • Employment has risen • Order backlogs have increased
State of the industry Outlook for 109th Congress • Health Care • Energy • International Trade
State of the Association Where are we going? What do we do? How do we reshape the Association?
NTMA Strategic Plan Mission To help members of the U.S. precision custom manufacturing industry achieve business success in a global economy through advocacy, advice, networking, information, programs and services. Commitment to Excellence Development of People Vision 2006 Number of Members2500 Number of Chapters (U.S. 40,Non U.S. 10) 50 Total Revenues $5 Million Non Dues Revenues $2.5 Million Average Member Retention Rate 95% • Key Strategies • Transforming NTMA into a market-driven association • Creating a chapter/national mutual dependency • Enhancing the value of membership • Achieving operation excellence at NMTA Ethical Behavior
2500 Members 632 members in 2005 669 members in 2006
State of the Association Strategic Direction • Transforming NTMA into a market-driven Association • Develop a strong industry presence • Effectively disseminate Association news to members • Communicate the importance of manufacturing to the public • Exploring and opening eligible markets
State of the Association Strategic Direction • Enhancing the value of membership • Offer a host of electronic tools and capabilities • Drive deeper into member’s companies (employees) • Selling NTMA members’ “Value” to potential buyers • Expanding discount programs/services
State of the Association Strategic Direction • Creating a chapter/national mutual dependency • Establish a clear understanding of member needs • Cooperatively develop member beneficial programs/services • Solidify the relationship between local chapters and the national organization • Rationalizing the dues structure
State of the Association Strategic Direction • Achieving operational excellence • Enhance internal/external systems • Restructure internal operations • Improved knowledge base • Pursue strategic alliances
Whats New…. Just a few new programs and services • sourceNTMA.com • STA Telecoaching • Safety, Enviro, HR Resource Centers • National Buying Program • National Insurance Program
Proven Value Savings = $9,000.00
Priceless Value How much would it be worth to you? • Meeting with peers across the country to openly discuss issues to save you money, increase your productivity, or bring more business to your doorstep. • Having your voice heard by your Congressional Representatives • Understanding how your business is affected by global economics and what you need to do to survive in today’s challenging environment. • Access to advise and information when problems arise in your business. Hundreds? Thousands of Dollars?
Get Involved Today Thank You! For taking part in the best trade Association in the U.S. Membership Doesn’t Cost…..It Pays!