Wednesday, April 16, 2014

Products People & Policy

Here’s an amazing statistic:

Manufacturing employment can grow by more than 300,000 jobs every year and the economy can grow by an additional $1.5 trillion if manufacturing’s share of the U.S. economy rose from 12 percent to 15 percent — where it was at the beginning of the last decade.

Sounds easy, but it'll be a major challenge...but one that can be realistically achieved.

So what do we need to do to achieve it? Jay Timmons, president and chief executive officer of the National Association of Manufacturers says it “comes down to a focus on three specific areas: products, people and policy.”

His specific strategies for each are featured in the current issue of Fabricating & Metalworking Magazine. See the complete article here.