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It appeared, however, that respondents who work for welding
equipment and consumables manufacturers rather than end users were more
likely to consider it a negative trend. "The welding industry is getting smaller
every year," one respondent wrote. Another said, "Who's left to buy without
creating an antitrust monopoly issue?"
Langdon of Vermeer presented a case for both sides. On the positive
side, Langdon said, "Larger companies have more resources for research and
development. Also, mergers present a larger buying power and, in some
cases, allegiances to manufacturers. Some of the buyouts that we are seeing,
especially in the equipment rental industry, could be a real boon to our
company." On the negative side, "less competition," he said.
While stating that "company buyouts and mergers can have very
positive benefits for the industry and the consumer," Emmerson also put in a
word of caution. "To use an overworked phrase," he said, "if there are no
'synergies' between a group of companies beyond the fact that they are
associated with the welding industry, the risk is that the performance of
small, newly acquired companies will suffer as their original owners bail out
and no strong management fills the void."
Sumner voiced the opinion of several respondents when he said, "I
believe that these consolidations have fostered an environment that is healthy
for the industry with more focused competition between larger
manufacturers. This competition is good for all of us to help move the
industry forward and provide customer solutions."
Conclusion
Since time machines still exist only in the stories of H. G. Wells and
other works of science fiction, no one can tell us exactly how welding will
fare in the 21st century. However, the people who responded to the Welding
Journal survey represent a cross section of fabricators of welded products and
producers of welding equipment and related products. Together they offer a
wide range of experience and knowledge. Answering the questions
separately, in their respective cities, they still formed a consensus. They agree
the future looks promising for welding. It remains and will continue to be a
productive, cost-effective manufacturing method. However, steps must be
taken to bring more skilled personnel into the industry, or changes must be
made to accommodate for the lack of skilled personnel (e.g., welding
automation). They also indicated the welding industry must embrace all of
the modern-day technological tools to keep pace with the rest of the world.
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