European branch of International Special Tooling & Machining Association elects new chairman
With Markus Heseding, managing director of VDMA Präzisionswerkzeuge, Germany today took over the presidency of ISTMA Europe. He succeeds Joaquim Menezes, owner of Iberomoldes, on behalf of CEFAMOL who has last chaired the European branch of the world association with great commitment since 2017.
Heseding also joined the Board of Directors of ISTMA World in 2017 and said after his election on Thursday: "Tooling is the basis of vast parts of the industrial production in Europe. The sector is suffering from a lack of young talents and a creeping withdrawal of companies from the increasingly difficult tool and die business. Therefore, we must ensure that this highly attractive key sector becomes more present in public perception." Heseding is also committed to efficient and fair cooperation along supply chains.
ISTMA is an international association representing 30 special tooling and machining associations throughout the world. Collectively, ISTMA member associations represent over 8,000 companies and over $40 billion U.S. dollars in annual sales. ISTMA World is in charge of the central coordination and organization of all international activities. ISTMA Europe coordinates the activities of the European member associations.
