For job shop owners, it may feel as though the impacts of foreign imports are beyond one’s control. Over the past several decades, foreign imports have entered the U.S. market at the expense of many Tier 2 and 3 manufacturers across the country, whose deep regional roots are put at odds with the highly transactional nature of foreign trade.
A federal program known as Trade Adjustment Assistance for Firms (TAAF) financially supports domestic manufacturers facing the effects of increasing imports. TAAF helps businesses recover from the financial impacts of trade through projects that modernize their operations and increase their competitiveness.
Paperless Parts is passionate about supporting the American manufacturing industry and recognized the need to create “The Job Shop’s Guide to Trade Adjustment Assistance for Firms” because many shops are not aware of the TAAF program despite its enormous benefits.
This guide is based on interviews with TAAF program directors and is designed to introduce job shops to how TAAF can support them, how the funding process works, and what can be expected of working with the program.
Download the e-book here.
AIDA-America’s 300-Ton Servo Press Increases Productivity at Graham Stamping
AIDA-America Corp. (Dayton, OH) provided Graham Stamping Co. (Hermitage, PA) with a 300-ton unitized frame servo press, the DSF-N2-3000 press.
Beckwood Delivers Hydraulic and Servo-Electric Presses to Supplier of Solid-State Batteries
Beckwood Press Co. (St. Louis, MO) has delivered a 500-ton, 4-post hydraulic press and a 50-ton servo-electric press to a U.S. manufacturer of solid-state batteries.
ATI Industrial Automation Acquired by Novanta
As of August 31, ATI Industrial Automation (Apex, NC) was officially purchased by Novanta Inc. (Bedford, MA). Novanta provides laser systems, vision systems, and motion-control components to manufacturers of medical equipment and advanced industrial equipment.