MRO Magazine

Termax Corporation CEO William Smith Elected PMA Board Chairman


March 25, 2015
By Business Wire News

CLEVELAND

The Precision Metalforming Association (PMA) announced today that William R. Smith, CEO of Termax Corporation in Lake Zurich, IL, was elected 2015 chairman of the PMA Board of Directors. PMA also announced that Ron Lowry, CEO and owner of Dayton Rogers in Minneapolis, MN, will serve as PMA Board first vice chair, and David Arndt, president of Pentaflex, Inc. in Springfield, OH, will serve as Board second vice chair and treasurer.

“I’m honored to be elected Chairman of the PMA Board for 2015,” said Smith. “On behalf of the Board, I would like to thank 2014 PMA Chairman Jody Fledderman for his leadership over the past year. Jody was a tremendous spokesperson for our association and our industry and I look forward to building on his accomplishments.”

 
Smith announced that the theme of his one-year term as PMA chairman is To Whom Much is Given, Much is Expected, and features three core goals:
       
1.

Develop a PMA mentorship program. Smith stated that the relationships he’s forged through PMA have allowed him to grow, and he intends to develop a formal program to offer those same opportunities to others.

 

“I’d like to set up a system to pair senior executives with the next generation of industry leaders. The value of mentorship is something I believe in very strongly, and I want PMA to get involved.”

 
2.

Establish a new funding initiative for the PMA Educational Foundation (PMAEF). The PMAEF has helped to develop a trained and motivated metalforming-industry workforce, worked to set national skill standards for metalforming jobs, and developed curriculum and training materials to allow companies to train their employees at various levels. Smith called on PMA and the metalforming industry to direct some of the industry’s recently earned profits to help support the next generation of metalforming companies through investment in the PMAEF.

 
“PMAEF’s accomplishments would not be possible without the generosity of several companies and individuals who contributed more than $2 million to the PMAEF Endowment Fund,” said Smith. “We need to establish more funding sources to ensure that the next generation of metalforming companies has the support they need.”
 
3.

Raise awareness of the PMA-NTMA (National Tooling and Machining Association) One Voice advocacy program. Since 2004, Smith has been actively engaged in the PMA/NTMA One Voice joint advocacy program, which represents small and medium-sized manufacturers and gives a voice to the millions of middle-market manufacturing companies and employees who supply tooling, components and other manufactured products. For the past several years, Smith has been at the forefront of tax-policy discussions, having met with the Senate Finance Committee, House Ways & Means Committee and the Office of the Speaker and testified before the House Small Business Committee’s Subcommittee on Economic Growth, Tax and Capital Access.

 

“Our activity on Capitol Hill has proven incredibly valuable and has made a tangible difference,” Smith says. “Manufacturers have a seat at the table in Washington, DC, thanks in part to our One Voice efforts.”

 

Learn more about Smith’s goals during his term as chairman in the April 2015 issue of MetalForming magazine: www.metalformingmagazine.com.

PMA is the full-service trade association representing the $113-billion metalforming industry of North America—the industry that creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes. Its nearly 900 member companies also include suppliers of equipment, materials and services to the industry. PMA leads innovative member companies toward superior competitiveness and profitability through advocacy, networking, statistics, the PMA Educational Foundation, FABTECH and METALFORM Mexico tradeshows, and MetalForming and Fabricating Product News magazines.

Precision Metalforming Association
Christie Carmigiano, 216-901-8800 ext. 2110
ccarmigiano@pma.org