NORTH AMERICAN DIE CASTING ASSOCIATION January 27, 2017 Board of Governors Minutes

Transcription

1 NORTH AMERICAN DIE CASTING ASSOCIATION January 27, 2017 Board of Governors Minutes I. CALL TO ORDER II. ROLL CALL Andrew Behler... Blue Ridge Pressure Die Casting Scott Bull... Pace Industries Yeou-Li Chu... Ryobi Die Casting Steven Church... Gibbs Die Castings Leonard Cordaro... Premier Die Casting Stephen Dathe... A&B Die Casting Raymond Donahue... Mercury Marine Scott Frens... Fort Recovery Industries Hal Gerber... Shiloh Industried Alan Gergen... Spectro Alloys Patrick Greene... Cascade Die Casting Douglas Harmon... Twin City Die Casting William Hiegel... Custom Light Alloy Todd Ikerd... Auto Cast Inc Mark Kruszynski... LaFrance Manufacturing Mark Los... BuhlerPrince Dan McLean... Madison Kipp Ignacio Musalem...Cana-Datum Moulds Chris Storlie... Deco Products Eric Treiber... Chicago White Metal Tom Vann... Visi-Trak Worldwide Joe Vitollo... Abco Die Casters John Walker... Walker Die Casting Robert Worthy... The Worthy Company Absent Dave Haener... Dynacast Elgin Robert Hartl... American Aluminum Casting Co Robert Marconi... RCM Industries Guests Wes Jetter... Fort Recovery Industries Dan Langer... PHB Die Casting Mike Meier... Mercury Marine Melisa Ryzner... NADCA Steve Udvardy... NADCA Ryan Winter... Eastern Alloys Dave Wolf... Industeel

2 III. IV. APPROVAL OF September 28, 2016 MINUTES a. A motion was made to accept the minutes of the minutes as written. Twarog requested that the minutes be amended to reflect David Wolf as a guest from Industeel. The motion was seconded with a provision of the requested amendment. The minutes were approved unanimously, as amended. REPORT OF THE CHAIRMAN a. Board Business Barometer

3 b. Chairman s Comments i. Chairman Walker said business was decent but there are price pressures from overcapacity in the large machine market. He said he looked for 2017 to come off from the highs in 2016 in the auto sector. ii. Chairman Walker assign Eric Treiber to replace Doug Littler for the remainder of his Board term. iii. Chairman Walker assigns David Wolf (Industeel) to complete terms for David Wolf (A. Finkl) beginning on June 9, 2017 c. Ad-hoc Bylaws Review i. Chairman Walker asked the Bylaw review committee (Mr. Harmon, Mr. Treiber, and Mr Bob Dathe) to see if any changes are needed to the by-laws regarding Board eligibility of members who switch companies during their Board term. V. REPORT OF THE SECRETARY a. Chapter Board Committee Mr. Frens said the committee must notify Chapter 5 that they must replace Mr. Haener for the remainder of his first term because he has missed three out of the last four Board meetings. Chapter 5 also must inform the committee if they intend to fill a seat for the term. b. Mr. Frens said the Chapter Board committee needs to review the following: i. Chapter Board Selection Committee to Consider for the : Chapter 5 New Member Chapter 17 Mark Kruszynski Second Term Chapter 29 John Walker Replace (determine which Chapter is next in line to place someone on the Board because Chapter 29 is defunct.) ii. Chapter 7 Bob Hartl Resigned. Chapter recommends Ryan Winter to complete Bob s term. Mr. Frens reported that Chapter 7 has nominated Ryan Winter to complete Bob Hartl s Board term. Board Chapter members voted unanimously to approve this change. c. Corporate Board Committee Formation for Term

4 An ad-hoc committee formed to develop the slate on Corporate Board members for the term. Mr. Church, Mr. Treiber and Mr. Cordaro volunteered for this committee. i. The following are to be considered: Andy Behler Replace Scott Bull Replace Pat Greene Extend for Executive Committee Service VI. VII. REPORT OF THE TREASURER i. End of year (2016) financial results i. Mr. Greene reviewed the preliminary balance sheet and financial statement for December Attachment A shows that NADCA was up by $456K (with investments) and up by over $134K (less investments). ii. Mr. Greene reviewed the fee savings realized by changing our investment strategies in April Attachment B summarizes the estimated savings. We reduced our fees by over $29,000 and actually showed a higher return (~10% versus ~9.5%) with the new strategy versus the old. ii. Investment Status i. Mr. Greene indicated that Mr. Verhulst reviewed the NADCA investments during the Finance Committee meeting. He reported the Churchill had moved mostly to cash and that Equity investments continue to show a strong performance. For the year, all investments were up by over $450,000. A summary of investments can be seen as Attachment C. REPORT OF THE PRESIDENT a. Mr. Twarog provided an update to the Board on the activities on NADCA since the September 2016 meeting. His report can be seen as Attachment D. VIII. ACTIVITY REPORTS OF COMMITTEE MEETINGS SINCE LAST BOARD OF GOVERNORS MEETING a. Committees i. Marketing Committee Mr. Winter reported that the focus of the marketing committee was to get the new design website up and running. It was launched in September of 2016 and has seen a rise in hits. However, leads still have been low and the committee needs to figure out how to get a higher level of interest from the design community. ii. Government Affairs Mr. Twarog reported that committee met the day before and are asking for regulation that the industry is facing which could be considered for repeal or modification. He also said the committee is looking for input on how the tax changes will impact the die casting industry. Finally, the committee settled on a date of June for the Washington Briefing. This will be held in conjunction with the NAM meeting.

5 iii. Research & Technology Mr. Udvardy reported that there are 16 projects being conducted by NADCA. We have projects with LIFT and DMDII and are trying to initiate projects with the Smart Manufacturing Institute and the new Clean Energy Institute. NADCA has a couple projects underway on riveting/ welding of structural die castings and advanced coatings. Mr. Udvardy also said that the committees added two die steels to the 229 book and that review of the Standards book is underway in order to meet the 2018 revision date. b. Boards i. Laine Report Twarog reported that Laine Trustees awarded 23 scholarships in 2016 that totaled $42,000. Twarog said that NADCA has contacted over 330 students in the last month to submit resumes for possible intern positions this summer. IX. HARVILL BOARD REPORT a. Twarog reported the Harvill Board approved a project on simulating the die casting machine. The project was funded at the University of Illinois and results are not available yet. He said that he will get a report on the status of the project before the next Board meeting. X. NEW BUSINESS a. Dr. Donahue presented his thoughts on the certification of several new alloys for die casters. He encouraged die casters to think about using these new alloys for new applications and to potentially replace permanent mold applications. XI. NEXT BOARD OF GOVERNORS MEETINGS June 20, 2017 Washington DC (in conjunction with Washington Briefing) September 20, 2017 Atlanta, GA Written by Daniel Twarog Approved by John Walker