May 2024 Volume 6

CONTENTS

MAY 2024 | VOLUME 6

INDUSTRY NEWS 64 Demand for High Performance Forgings Soars 65 Estwing Manufacturing: Eyes on the Next 100 Years 69 Congratulations to the 2024 FIA Lifetime Achievement Award Winners 70 Member Spotlight: Rose Metal Industries 74 Forging Industry Association Announces 2023 Safety Award Winners 75 Economic Updates & The Labor Market 78 FIA’s Mexico Advisory Committee – Three Years In 79 Remembering Jerry Bressanelli Former President, Canton Drop Forge 81 Welcome New Members 84 FIA Upcoming Events FOUNDATION NEWS 86 FIERF's Fourth Annual Silent Auction Success 86 Forge the Future Summer Camps are Back! 87 FIA's Dureiko to be Honored as Emerging Professional 88 FIA Supports the 2024 National Robotics Challenge FORGING RESEARCH 90 How Robotic Exoskeletons Can Be Used in the Forging Industry MEMBERS SPEAK 92 Members Speak: Benefits of Being an FIA Member AD INDEX 93 May Advertiser Index

18 Technological Developments Supporting the Forging Industry 20 Hard To Handle? Not With the Right Equipment for Handling Heavy Forgings 23 LIFT and Accelerating Technology for Industry MAINTENANCE 26 Solving the Greatest On-Going Problem: Forge Shop Maintenance 28 Eight Keys to Successful Hydraulic Press Maintenance AUTOMATION 31 Revolutionizing Forging Manufacturing: The Role of Induction Heating in Automation 34 ‛ Not Your Typical Made-In-The USA Job Shop’ Reshores With Automation 36 Forging Automation: Look How Far We Have Come 40 Cobots Are a Force-Multiplying Lever for the Manufacturing World 43 Precision at the Press: The Role of Automation and Intelligence in Modern Manufacturing 48 Robotic 3D Scanning in the Forging Industry MATERIALS 50 Investments in Automation and AI OPERATIONS & MANAGEMENT 54 What is Going on With Remote Work? 56 Insights into Property & Casualty Insurance Trends: Navigating the Landscape in the Forging Industry 58 ChatGPT: A User’s Guide 62 The Importance of a Cyber Incident Response Plan

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PRESIDENT'S NOTE 1 President's Note WASHINGTON UPDATE 4 Transshipment: The New Tariff Evasion Strategy 6 FIA Government Affairs Update ENERGY 7 The Path to Decarbonization: Electric and Hydrogen Powered Furnaces Play Their Part 10 Commercial Forged Products Turns to Transparent Energy, Online Auctions for Energy Price Relief EQUIPMENT & TECHNOLOGY 12 Key Areas That Affect Electrical Efficiency in Induction Billet Heating Systems 16 How is Laser-Wire Metal DED Best Applied in a Forging Operation?

OFFICIAL PUBLICATION OF THE FORGING INDUSTRY ASSOCIATION | FORGING.ORG | MAY 2024

FORGING AUTOMATION Look How Far We Have Come +

Robotic 3D Scanning in the Forging Industry: Benefits of Intelligent Manufacturing and Challenges to Implementation Page 48

Cobots Are a Force-Multiplying Lever for the Manufacturing World Page 40

For advertising contact info@forging.org

FIA Magazine (ISSN 2643-1254 (print) and ISSN 2643-1262 (online)) is published 4 times annually, May, August, November and February by the Forging Industry Association, 6363 Oak Tree Blvd., Independence, Ohio 44131. Telephone: (216) 781-6260. Only (1) copy of the print version distributed at no charge only to members of the Forging Industry Association. Digital version distributed at no charge to qualified individuals. Subscription requests available at www. forging.org. Printed in the U.S.A. Periodicals postage paid in Independence, OH and additional mailing offices. POSTMASTER: Send address changes to Forging Industry Association, 6363 Oak Tree Blvd., Independence, Ohio 44131. Copyright © 2024 by the Forging Industry Association in both printed and electronic formats. All rights reserved. The contents of this publication may not be reproduced in whole or part without the consent of the publisher. The publisher is not responsible for product claims and representations or for any statement made or opinion expressed herein. Data and information presented by the authors of specific articles are for informational purposes only and are not intended for use without independent, substantiating investigation on the part of potential users.

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FIA MAGAZINE | MAY 2024