Blog

Let me start by saying thank you; every one of us at TCI Precision Metals appreciates you. To our customers, thank you for trusting us with your business; for those who have not yet worked with us directly, thank you for following us and for considering us when you have a need.

Every day is a good day for all of us to be thankful and extend gratitude to those who help us succeed, including family, friends, employees, and customers. The Holiday Season places special emphasis on showing gratitude. In addition to marking various religious celebrations, the Holidays represent the end of another year and instill hope for the New Year.

Reflection on the past twelve months and planning to make the next twelve even better is typical. How can I be a better person? How can we improve our business? What should our goals and objectives be for the coming year?

Many companies in the metalworking and manufacturing industries have had a difficult time over the past three years. A slipping economy, higher interest rates, a presidential election, and world events have all contributed to where we are as 2024 winds down. Can we all look forward to 2025 with hope for opportunities?

Economic predictions for the metalworking industry over the past three years have been pretty accurate, and we all had to deal with it, but looking forward, market conditions should improve. The industry is projected to increase orders for new machine tools by 20% over the next year, with continued growth through 2027 and beyond. We all know that few things, including economic predictions, are guaranteed, but I’ll take this news as a reason to celebrate! As we move into 2025, we all need to think about how we can increase efficiency, improve productivity, utilize technology and automation, reduce costs, increase overall throughput, and improve quality.

But for now, let’s give thanks and enjoy our family and friends. We wish you the best this holiday season and hope you have a prosperous New Year.

Thanks for reading –

Ben