HOME  |  NEWS  |  BLOGS  |  MESSAGES  |  FEATURES  |  VIDEOS  |  WEBINARS  |  INDUSTRIES  |  FOCUS ON FUNDAMENTALS
  |  REGISTER  |  LOGIN  |  HELP
Blogs
Electronics News

Manufacturing Boom a Fake? No Way

NO RATINGS
View Comments: Newest First|Oldest First|Threaded View
<<  <  Page 2/2
ungarata
User Rank
Gold
Nope! Still not a "boom"!
ungarata   3/20/2015 8:34:06 AM
NO RATINGS
Guys, even in the worst economy you can always find a business that is thriving.  Are we supposed to look at, and focus on, that one business, and then determine that everything is okay?  Alright, so these guys are doing well; look at the broad picture - can you really stand back and claim there is a manufacturing boom occuring?

If you're struggling financially, and I walk up to you and give you ten bucks, are you going to stand there and say "I'm rich!"  That's what this article is pushing; the illusion that the US manufacturing sector is in a boom phase because this company is busy.  The article hits on it in an understated way:  over half of their competition died off - of course they're going to get busier!  But overall they're enjoying a larger piece of a much, much, MUCH smaller pie.

The title of this article implies that the entire manfacturing sector is booming based on one company.  I guess we can go find a small community where 99.9% of the adult population is employed, and then broadly declare our US unemployment rate to be statistically zero.

vamshi krishna
User Rank
Iron
Re: Good example of what's happening in manufacturing
vamshi krishna   3/20/2015 5:35:18 AM
NO RATINGS
interesting article

Sigma6master
User Rank
Iron
Re: Good example of what's happening in manufacturing
Sigma6master   3/19/2015 6:27:21 AM
NO RATINGS
Broadly in the near term, another headwind for local manufacturing boom is the strong US dollar. However I think the boom in manfacturing is really a catch up for the jobs lost in the last 2 decades. Wages has been stagnant and it is not uncommon to half double digit wage growt in the low cost countries. 

Now the wages in traditional outsourced locations has reached a level where although US wages are still higher, the savings in distribution and transportantion as well as non monetary benefit such as closer and greater organization flexibility has been the largest driver to return of manufacturing jobs to State side.

 

 

Elizabeth M
User Rank
Blogger
Good example of what's happening in manufacturing
Elizabeth M   3/19/2015 6:18:54 AM
NO RATINGS
This is a great example of what's happening in manufacturing, and a great example of a company wililng to change with the times to train the employees they're looking for if they can't find them in the workforce. I have talked to manufacturers as well and have heard the same thing--that they can't find the skilled workers they need. So they have to get creative in recruitment and training, as Paslin has done. The manufacturing industry in general is in the midst of a big change in terms of processes and technology, and because of a lack of information among those entering the career market, young people just aren't training for the jobs available now, or aren't interested. This has to change and in order to do that, manufacturing companies have to start changing as well. Paslin shows how it's possible.

<<  <  Page 2/2
Partner Zone
More Blogs from Electronics News
Using wireless chips and accessories, engineers can now extract data from the unlikeliest of places -- pumps, motors, bridges, conveyors, refineries, cooling towers, parking garages, down-hole drills and just about anything else that can benefit from monitoring.
In an effort to appeal to individuals who don’t consider themselves test experts, Keithley Instruments has rolled out a new digital multimeter that combines a touchscreen interface with a digitizer.
The “Fourth Industrial Revolution” gained momentum this week, as a handful of automation suppliers rolled out products aimed at creating smarter, more flexible factories.
Gadget freaks from around the country this week learned the power of a simple 8-bit microcontroller and a small wireless card.
Design News Webinar Series
2/25/2015 11:00 a.m. California / 2:00 p.m. New York
12/11/2014 8:00 a.m. California / 11:00 a.m. New York
12/10/2014 8:00 a.m. California / 11:00 a.m. New York
3/31/2015 11:00 a.m. California / 2:00 p.m. New York
Quick Poll
The Continuing Education Center offers engineers an entirely new way to get the education they need to formulate next-generation solutions.
Mar 30 - Apr3, Getting Hands-On with Cypress’ PSoC
SEMESTERS: 1  |  2  |  3  |  4  |  5  |  67


Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.
Learn More   |   Login   |   Archived Classes
Twitter Feed
Design News Twitter Feed
Like Us on Facebook

Sponsored Content

Technology Marketplace

Copyright © 2015 UBM Canon, A UBM company, All rights reserved. Privacy Policy | Terms of Service