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Manufacturing


  • Submitted on 02 September 2015

    Created on September 2, 2015
     

    National MBE Manufacturers Summit - March 24, 2016A national manufacturing industry-specific event exclusively for minority business enterprise (MBE) manufacturers, supply chain decision makers, and stakeholders with a focus on innovation, technology, and business-to-business matchmaking has never existed until now!

    Join the Minority Business Development Agency (MBDA) Business Center Network; Alejandra Y. Castillo, National Director of the U.S. Department of Commerce, MBDA; Dr. G.P. Peterson, President of the Georgia Institute of Technology, and more for a one-of-a-kind summit that will offer:

  • Submitted on 24 August 2015

    Created on August 24, 2015
     

    MFG DayMark your calendars for October 2, 2015, and get ready to celebrate all things manufacturing!

    Manufacturing Day (MFG Day) is an incredible opportunity to showcase the amazing work manufacturers do on a daily basis and to educate students, community members, media, and policymakers on how integral manufacturing is to the local, national and global economy.

    As a manufacturer it’s your opportunity to:

    • Tell your company’s story

    • Dispel outdated myths about manufacturing

    • Inspire a new generation of manufacturers

    • Connect with potential customers in your community

    • Learn about manufacturing extension partnerships that can improve your efficiencies and work force skills and boost your profits

    • Visit other manufacturers to initiate business relationships and learn what is being made in your community.

  • Submitted on 24 June 2015

    Created on June 24, 2015
     

    This year, Manufacturing Extension Partnership Program (MEP) celebrates its 25th anniversary. In anticipation of this milestone, we reflect on events of the last two and a half decades that significantly impacted the global economy, manufacturing, and the Manufacturing Extension Partnership.  

    MEP has taken its cues from the lessons of global opportunities and challenges, and the daily changes of our client base. The program's value and effectiveness will be measured in the impact of our services and the evolving tide of progress and growth of our clients

  • Submitted on 17 June 2015

    Created on June 17, 2015
     

    Dollar Bill and FinanceThis post originally appeared on the NIST MEP Blog

    Stretching your businesses working capital through various types of short-term debt instruments can be a good solution to finding the cash to fund revenue-generating marketing programs or help your company manage when clients don’t pay bills on time. Some of these short-term debt products may be particularly useful to business owners who may be discouraged by current bank lending practices.  Manufacturing companies are increasingly using a product, commonly referred to as Asset Based lending as an alternative to bank loans.

  • Submitted on 10 June 2015

    Created on June 10, 2015
     

    Making it in America showcases the opportunities manufacturing offers millions of workers and the variety of career pathways available. U.S. manufacturers are the most productive in the world. They come from many different sectors and make the products that enrich our daily lives. Download the infographic.

    Learn more about Minority-Owned Manufacturers.

  • Submitted on 04 March 2015

    Created on March 4, 2015
     

    U.S. Minority-Owned ManufacturersIn the first of a series of new industry-based fact sheets released by MBDA, data reveals that minority-owned manufacturing firms employ 342,000 workers and grew faster than their non-minority counterparts in three areas—number of firms, employees and gross receipts.

    This data supports MBDA’s increased focus on manufacturers over the past few years and we’ve seen results. Between FY 2009 and 2013, MBDA facilitated $2.8 billion in contracts for minority-owned manufacturing firms.  For the past two years, MBDA manufacturing clients have shown significant growth, becoming the top category for contracting revenue, a designation traditionally reserved for MBDA clients in the construction industry.

    In an effort to continue this upward trend, MBDA awarded supplemental funding to four MBDA Business Centers to better assist clients in advanced manufacturing. Their specialty expertise will have a national scope while centrally located in Atlanta, Detroit, Indianapolis, and Cleveland – cities with a high population of minority-owned manufacturers.

  • Submitted on 03 October 2014

    Created on October 3, 2014
     

    Steel ManufacturingToday is Manufacturing Day and it deserves special attention this year. Manufacturing drives economic recovery and for the first time in more than 10 years, manufacturing output and employment are growing. Manufacturing employment has grown faster than it has in decades, with more than 700,000 new jobs since February 2010; as a whole supporting more than 17 million U.S. jobs.  The manufacturing industry also boasts some of the best paying jobs, with the average worker earning $77,000 per year.

    Manufacturing plants are not all dirt and grime as portrayed in movies. Robotics and advanced manufacturing have changed the industry significantly with manufacturing plants looking more like sci-fi movies sets than traditional plants. In celebration of Manufacturing Day check out one of over 1,500 open houses, public tours, career workshops, and other events being hosted nationwide. Firms like Alcoa, Applied Robotics, General Electric, and Bausch and Lomb are opening their doors to the public today so they can see how the industry has changed over the years. 

  • Submitted on 30 September 2014

    Created on September 30, 2014
     

    Greg Sizemore is the Director of the International Trade Administration’s U.S. Commercial Service team in North Carolina.

    This post originally appeared on the Tradeology, the ITA Blog

     

    Robots In a Car FactoryManufacturing is more than just a cornerstone of the U.S. economy; it’s a cornerstone of modern life.

    The screen you’re reading this on is a manufactured commodity. The radio you’re listening to, the car you drove to work, the smartphone your kids keep staring at – your refrigerator, your TV, your medicine – all manufactured goods.

    Many headlines about U.S. manufacturing are negative, focusing on increased global competition in the sector, but the fact is that the U.S. manufacturing industry is growing, it’s supporting jobs, and it is supporting higher quality of life here in the U.S. and around the world.

    Manufacturing is also a major source of U.S. exports, and the International Trade Administration estimates that one in four U.S. manufacturing jobs is supported by exports. That’s huge for our economy and I’m glad that we’ll celebrate the industry on Manufacturing Day on October 3.

    Here in North Carolina, our manufacturers are creating and exporting billions of dollars’ worth of transportation equipment, chemicals, electronics products plastics, and more. I’m glad that my office in Charlotte and our other Export Assistance Centers in the state get to work with local manufacturers to find opportunities to sell their quality products in foreign markets.

  • Submitted on 26 September 2014

    Created on September 26, 2014
     

    ManufacturingRecent studies have shown that the pace of growth in the U.S. manufacturing sector continues to rise. Minority businesses are playing an integral part in that growth and are helping to keep the “Made in America” product strong.

    This year, the Minority Business Development Agency recognized two businesses for outstanding manufacturing impact and achieving significant success in employing new and innovative techniques that led to a significant increase in market share, job growth and customer satisfaction.

    The first was Detroit Manufacturing Systems, LLC (DMS). DMS currently has more than 700 employees and develops state-of-the-art automotive interior systems. By utilizing the latest technologies, DMS assembles and manufactures injection molded interior trim components for global automotive brands, all with a firm commitment to quality and efficiency.

    The second award was given to Ruiz Food Products, Inc. Fred Ruiz cofounded Ruiz Food Products, Inc., with his father Louis in a small warehouse in Tulare, Ca. in 1964. The company is now celebrating its 50th anniversary, and employs 2,300 people. Ruiz Food Products has three manufacturing facilities – in Dinuba, Calif., Tulare, Calif., and Denison, Texas – and recently purchased another facility in Florence County, S.C.

  • Submitted on 27 June 2014

    Created on April 2, 2014
     

    This article was originally posted on the PNC Business Insights e-news section. Guest blog post by John Lloyd, MANTEC

    Every company, large or small, is dependent upon the companies that make up its supply chain. The term “supply chain” encompasses all of the entities on which a business depends to meet its customer expectations. These range from first-, second- and third-tier material sources to service providers to logistics and transportation specialists. Today’s forward-thinking companies have come to understand that their own performance hinges on the success of their supply chain relationships.

    Historically, companies viewed their suppliers simply as the instruments to get them the parts they needed on time at the right price. Too often the customer/supplier relationship was very autocratic: Demands were made and it was expected that those demands would be met. In making sourcing decisions, companies traditionally did not look beyond a supplier’s capability, price and delivery. But those who stop there are missing a valuable opportunity to view suppliers strategically as a resource to add customer value and create a competitive advantage in the marketplace. Suppliers can be a source of critical information to improve product design, quality, performance and cost.

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