FIA Releases Industry Stats for North America
Final revised figures showing 2012 sales of metal forgings produced by independent (custom) forging plants in North America have been released by the Forging Industry Association (FIA). Total industry shipments for the custom impression-die forging industry were $6.8 billion in 2012, a 7% increase from 2011 results. Bookings of impression-die forging orders during 2012 decreased to $6.7 billion from 2011’s figure of $7.1 billion. Total industry shipments by the custom open-die forging industry were $2.2 billion in 2012, nominally flat from 2011 levels. Bookings of open-die forging orders during 2012 amounted to $1.9 billion, 24% below the $2.5 billion reported in 2011. Total 2012 industry shipments for the custom seamless rolled-ring forging industry increased to $1.6 billion, 8% above 2011's volume of $1.5 billion. Bookings of seamless rolled-ring forgings for 2012 decreased to $1.5 billion, 6% below 2011's $1.6 billion.