Wheeling, IL â€šÃ¢â‚¬â€œ As die casters continue to endure challenging times and make tough business and financial decisions, NADCA, The North American Die Casting Association, announces that the association has cut its corporate member dues by half.
As the economy moves from recession to recovery, NADCA appreciates that discounting membership dues is the best way to retain its position of advocacy for the die casting industry. It further understands that this is also the best means to be responsive to what the industry is experiencing.
NADCA acknowledges that discounting membership dues may also be a necessary retention measure. While some die casters have seen an increase in business activity due to sourcing returning to the U.S., a large portion of its member base still needs to weather the downturn. The significant discount in membership dues is not just extended to current or past corporate members, rather to all companies active in the die casting industry.
This isnâ€šÃ¢â‚¬â„¢t the first time NADCA has responded to the challenges facing so many businesses. Indeed, NADCA has been actively responding to the economy and its affects on its member base since the last quarter of 2008. In December, the Board announced the suspension of the marketing and research and development assessments in 2009, translating to more than 10% savings on dues.