Prime Advantage Group CFO Outlook Survey

Prime Advantage, the leading buying consortium for industrial manufacturers, has completed its third annual survey of Member company finance executives. Through this research, we report on the most critical issues currently facing Prime Advantage Member companies.

Prime Advantage surveyed a cross section of finance executives from Member companies, which are industrial manufacturing firms from various sectors with annual revenues ranging between $10 million and $10 billion. Member companies provide equipment in over 25 different industries, including commercial foodservice, packaging, truck/trailer, material handling, food processing, and construction.


CFO Outlook Survey In the News

2014 Press Release: Midsized Manufacturers Continue Growth Expectations in 2014 – 4/1/2014

CFOs predict increasing revenues, capital investments and hiring while expressing concern about health care costs, maintaining margins and the competition for skilled labor.

[ Press Coverage: Industrial Distribution, Manufacturing.net, Manufacturing Business Technology, New Equipment Digest ]

2013 Press Release: Small and Midsized Manufacturers Continue Growth Expectations – 4/16/2013

CFOs anticipate increase in revenue, plan capital investments and hiring while still concerned about health care costs and maintaining margins.

[Press Coverage: Aerospace Manufacturing and Design, Manufacturing.net, Mfrtech.com ]

2012 Press Release: Small and Midsized Manufacturers Continue Growth and Expansion – 3/25/2012

CFOs anticipate increase in revenues and new orders, and plan capital investments and hiring

Prime Advantage, the leading buying consortium for midsized manufacturers, announced the findings of its fourth annual Group CFO Survey, revealing financial projections and top concerns of its Member companies’ CFOs in 2012. CFOs continue to see solid signs of the economic recovery in U.S. manufacturing. While Member companies are planning more hiring, wage increases, and capital expenditures, the availability of skilled workers is a growing challenge.

[Survey Press Coverage: EBN Online 1, EBN Online 2, Food Service Equipment Reports, Mfrtech.com, Modern Distribution Management, Supply Chain Management Review ]

2011 Press Release: Small and Midsized Industrial Manufacturing CFOs Reveal Their Top Concerns of 2011 – 3/18/2011

The third annual Prime Advantage Group CFO Survey shows that industrial manufacturing CFOs are seeing solid signs of the economic recovery in U.S. manufacturing and planning more hiring and capital expenditures this year. Hiring plans may be limited, however, by a shortage of skilled machine operators and welders and an increase in health insurance costs.

[Survey Press Coverage: Food Manufacturing, InsuranceNewsNet, iPurchase, Manufacturing.net, Manufacturing Business Technology, Quality Magazine, Supply & Demand Chain Executive, ThomasNet Industry Market News]

 

2010 Press Release: Small and Midsized Industrial Manufacturing CFOs Reveal Their Top Concerns of 2010 – 3/5/2010

Despite Rising Energy Costs and Dim Employment Data, Small and Midsized Manufacturers See Signs for Optimism. Prime Advantage, the leading buying consortium for midsized industrial manufacturers, announced the findings of its Group CFO Survey, revealing the top financial concerns of its member companies’ CFOs in 2010.

[Survey Press Coverage: Automation World, Business Insider, dBusinessNews, Logistics Today, ManagingAutomation.com, Manufacturing.net, MFRTech.com, Modern Metals, Seeking Alpha, Supply & Demand Chain Executive, ThomasNet]

2009 Press Release: New Study from Prime Advantage Reveals Top Concerns of Midsized Manufacturing CFOs – 2/27/2009

Prime Advantage announced the findings of its first Group CFO Survey, revealing the top financial concerns of its member companies’ CFOs in 2009. Among the top findings from this study is that the credit crunch is not yet having an adverse direct impact on these midsized U.S. manufacturers. Instead, other factors that are related to the economy are creating more pressing issues.

[Survey Press Coverage: Business Wire, Forbes.com, Industry Week 1, Industry Week 2, Manufacturing Business Technology, Manufacturing.net, Market Watch, ModernMetals.com, PR-Inside.come, Quality Magazine, Reliable Plant Magazine, SMT Magazine, Yahoo Finance]