Category Archives: Economic Issues for Mfgs
Manufacturers: Where Will You (And the Workforce You Need) Be in Five Years?
By Mary Ann Pacelli, Senior Consultant, The Manufacturing Advocacy & Growth Network (MAGNET) For nearly 30 years, MAGNET has been working with small- and mid-sized manufacturers here in Northeast Ohio. We help companies shore up quality, improve productivity, train their … Continue reading
New Research Supports the Positive Effect of Co-locating Production and Innovation
The preliminary results of a new research report on innovation in manufacturing caught our eye here at MAGNET recently. In 2010, MIT’s President, Susan Hockfield, launched the MIT Production in the Innovation Economy (PiE) research group to answer the question: … Continue reading
Is This Our “Sputnik Moment”?
By Fatima Weathers, Executive Vice President, MAGNET At a recent conference I attended in Washington, D.C., panelists from industry, academia, and labor gathered to discuss Manufacturing’s Next Step. Several panelists described the current manufacturing environment as being on the edge … Continue reading
Regional Economic Development: “Greater than the Sum of our Parts”
By Michael R. Morgenstern, Chief Development Officer, MAGNET The next time you stop by MAGNET’s Manufacturing Innovation Center (MIC), I hope you will take a minute to linger in our lobby and view our new Donor Wall acknowledging the many … Continue reading
Looking Towards 2013
Before we know it 2013 will be upon us. Tell us what challenge your company faces in the coming year.
MAGNET’s PRISM Program Gets a Boost from Four Local Educational Institutions
At a news conference held on October 9, 2012, MAGNET announced that it has signed cooperative agreements with Case Western Reserve University, Cleveland State University, Lorain County Community College and the University of Akron that will enable small to mid-size … Continue reading
Harvard Business School Prof Raises Alarm About U.S. Competitiveness
This week I read a short article in Fortune that really got my attention. It’s titled “The crisis in U.S. competitiveness can’t be ignored.” In this article, Fortune business writer Tory Newmyer reports on a recent speech by highly regarded … Continue reading
President’s Advisory Council Publishes Advanced Manufacturing Recommendations
The President’s Council of Advisors on Science and Technology recently published its Report to the President on Capturing Domestic Competitive Advantage in Advanced Manufacturing. This report contains a list of recommended actions for further development of advanced manufacturing in America. … Continue reading
“Reshoring” gets welcome attention; Good business climate necessary to take advantage of potential
“Onshoring” / “Insourcing” / “Reshoring” These are the names of an emerging trend to bring manufacturing production back to the U.S. that has been taken overseas (often to China) over the past several decades–primarily to take advantage of lower cost … Continue reading
Case Western survey reveals good side and ugly side of automotive supply chain
By Susan R. Helper and Tim Krueger America’s automotive supply chain is a vital organ of our country’s economic engine, employing about 578,500 workers. The lower tiers of the supply chain alone account for 30% of U.S. auto industry employment. … Continue reading
