Wednesday, March 28, 2012

Manufacturing's Secret Weapon

When a company launches a new initiative, it’s usually hard to pinpoint the positive results. But that’s not the case at WMEP (the consulting group, not a radio station). A lot of you are familiar with the Wisconsin Manufacturing Extension Partnership. Similar groups include Enterprise Minnesota, CIRAS at Iowa State University, and Illinois Manufacturing Extension Center. All of them are manufacturing specialists helping companies change AND grow through these economic times. In 2011, according to their annual audit, WMEP helped manufacturers here generate $47 million in increased or retained sales, $3 million in costs savings and $6 million in increased investment towards factories and equipment, information systems, and work force practices. We’re not here to shill for them, just passing along some helpful facts. Here’s a link to their annual report. And, because we HAVE worked with them, here’s a link to a brief tour of Dalco Metals, with a few comments on WMEP.