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IndustryNet is the Industrial Marketplace for Deep Drawn Metal Stampings
The deep drawn metal stamping industry specializes in forming metal sheets into complex, hollow shapes through a process known as deep drawing. This process involves placing a metal blank over a die and using a punch to push the metal into the die cavity, creating a seamless, three-dimensional shape. Deep drawing is particularly effective for producing parts with a high depth-to-diameter ratio, such as cans, enclosures, and housings. The process can handle a variety of metals, including steel, aluminum, brass, and copper, each chosen based on the specific requirements of the application, such as strength, conductivity, or corrosion resistance.
Metal stampings are all around us, quietly shaping the products we use every day, from the frames of our vehicles to the intricate components in our household appliances. Today, we're exploring some key facts and trends about the metal stampings sector in the U.S. and will also examine the industry's largest and top suppliers. ...(Full Article)
The United States metal stamping industry comprises manufacturers that turn sheets of flat metal into a specific shape. The process can involve piercing, blanking, bending and other actions.
Metal stamping tends to offer quick turnaround times, high quality for durability and a low cost compared with other steel manufacturing techniques.
Predictions for the future of the metal stamping industry vary, but they're all positive. Some analysts now predict it will reach about $121 billion by 2026, driven in part by the automotive sub-segment. ...(Full Article)
During the past two decades, local sourcing has been eschewed in favor of outsourcing to find the lowest possible prices for manufacturing, processing and production. In that time, however, that practice has experienced changes brought about by the implementation of tariffs on China, one of the United States's largest trading partners.
...(Full Article)
The U.S. metal stamping industry has seen rapid job growth despite relatively stagnant sales numbers the past year. Using the latest reliable industry data, let's take a look some of the statistics.
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Yesterday, IndustryNet reported metal stamping companies in the U.S. are experiencing strong growth in both employment and sales, with the Midwest seeing the largest year-over-year gains. Boosted by sustained growth in the auto industry, metal stamping is booming in the Midwest. Over half of all United States metal stamping companies are located in this region, which includes Ohio with 176 plants (14 percent of all plants), Michigan with 130 plants, and Illinois with 124 plants.
The Midwest employs over 41,000 people in this industry, and the number continues to grow, as evidenced by the fact that 70 percent of companies in the region are reporting employee growth.
Across the United States, 63,456 total employees work for metal stamping companies. IndustryNet has compiled a list of t...(Full Article)
Historically, metal stamping was done by blacksmiths using only a hammer, but newer technologies have literally reshaped the industry. Stamping is essential in a number of fields, such as aerospace, agriculture, automotive, construction, and medical applications. Using advanced methods, flat sheet metal can be shaped in a stamping press using a tool and die surface.
Metal stamping in the United States is responsible for more exports than U.S. manufacturing as a whole. Based on data collected by IndustryNet, 40 percent of metal stamping companies distribute their product internationally, while only 29 percent of all U.S. manufacturers distribute their product internationally.
There are 1,245 metal stamping manufacturing plants in the United States, mainly situated in the Midwest. The ...(Full Article)
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