Page 37 - EDM Today Winter 2025
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EDM Today Magazine                           EDM Today Magazine                            EDM Today Magazine

          Moving forward, however, early data from the 2025 AMBA Business Forecast Survey points to shift ing
          conditi ons and some opti mism.

          For example, although capacity uti lizati on hovered around 71 percent in July 2024, current capacity
          uti lizati on has risen to an average of 73 percent and is anti cipated to rise
          to 77 percent over the next quarter.
                                                                                        mold builder
          Respondents serving the aerospace, aircraft , medical, dental and opti cal   OPPORTUNITIES
                                                                                               PERSPECTIVE
                                                                                              EDM Today Magazine
   EDM Today Magazine                           EDM Today Magazine                      "we’re stronger together
          industries are largely opti misti c and anti cipate rising revenue in 2025,
          while those serving the consumer products and automoti ve industry
          largely believe that conditi ons will improve or stay the same.
                                                                                           when we stick
          Mold manufacturers also are turning to the conditi ons that they can
                                                                                           together. THAT’S what
          control, including machine and equipment improvement and investment,
                                                                                           I LOVE MOST ABOUT
          lean and conti nuous improvement initi ati ves, as well as the pursuance
          of new business development and the development of new training
                                                                                           THE AMBA - it doesn’t
          processes and workforce development.
                                                                                           just advocate for the
   EDM Today Magazine                           EDM Today Magazine                         entire industry, but it
                                                                                              EDM Today Magazine
          ADVOCACY, CONNECTIONS STRENGTHEN INDUSTY
                                                                                           connects us all so that
                                                                                           we can learn from one
          AMBA’s annual benchmarking initati ves off er the unique opportunity for
                                                                                           another and get better
          U.S. mold manufacturers to evaluate their operati ons against industry
                                                                                           at what we do.”
          peers and bett er prepare for changing economic condti ions - but there’s
          no bett er way to improve one’s business than to hear it from the horse’s
                                                                                               -Kyle klouda, msi
          mouth.
                                                                                                 mold builders
          “AMBA seeks to provide its members with opportuniti es that can be found       Did You Know?
          nowhere else in the industry,” explained Kym Conis, AMBA Managing
                                                                                              EDM Today Magazine
   EDM Today Magazine                           EDM Today Magazine                       AMBA offers
          Director. “We believe that every connecti on opportunity, every event,
          every meeti ng, is an opportunity for executi ves, up-and-coming leaders,
          management teams and others to learn from one another, hone business
          operati ons and improve profi tability. When one mold builder succeeds,
          so do its peers, industry suppliers and the U.S. mold manufacturing
          community at large.”
                                                                                         MEMBERS
          This is why AMBA is taking its benchmarking above and beyond during
          AMBA Conference 2025 - Breakthrough Innovati on. From May 7-9, 2025,           CONNECTION
                                                                                         OPPORTUNITIES
                                                                                              EDM Today Magazine
   EDM Today Magazine                           EDM Today Magazine                       GROWTH AND
          in Grand Rapids, MI, att endees will engage with one another at the
                                                                                         TO DRIVE INDUSTRY
          only industry event exclusively for U.S mold manufacturers. Breakout
          tracks will highlight trending data and member best practi ces in areas
          like AI adopti on on the shop fl oor and lean strategies to new employee
          recruitment and retenti on, sales and marketi ng processes and more.
                                                                                         PROFITABILITY.

          *Data collecti on for the 2025 AMBA Business Forecast Survey was sti ll in progress at ti me
          of publicati on; to access the fi nal conclusions of the 2025 AMBA Business Forecast Report
          or the AMBA 2024 AMBA Wage and Salary Report, visit amba.org/publicati ons/.

          This arti cle was compiled by the American Mold Builders Associati on (AMBA) and is   AMBA.ORG
   EDM Today Magazine                           EDM Today Magazine                            EDM Today Magazine
          based on the Associati on’s benchmarking eff orts, industry perspecti ves provided by
          AMBA executi ves and industry-related learning opportuniti es.

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