Interview -- The importance of skills training
Michael Tamasi, CEO of AccuRounds, recently spoke with Fox Business about what is needed to boost hiring, highlighting the importance of skills training.
News -- Precision Plus hosts student manufacturing day
Mike Reader, CEO of Precision Plus in Elkhorn, WI and a member of the Precision Machined Products Association (PMPA) recently produced a student Manufacturing Day Panel at Elkhorn Area High School. Over 200 students from five area schools listened to local manufacturing companies describe the opportunities and their personal insights on local manufacturing. 2.7 million U.S. manufacturing workers are set to retire in the next 3-5 years, and there is a huge deficit in the number of young people applying for jobs in manufacturing.
Report -- Ontario Made: Rethinking Manufacturing in the 21
A new paper by the University of Toronto examining Ontario’s manufacturing sector provides useful international comparisons for U.S. policymakers. The authors recommend a focus on advanced manufacturing through a focus on investments in skills, R&D, equipment, and information technology.
Report -- What jobs are being offshored, and where are they going?
A new working paper from economists at UC Berkley and MIT used new data to look at the type of jobs that are being offshored, and where those jobs are going. The paper finds very few companies offshore their core competencies, but that large manufacturers tend to do so at a significantly higher rate than other sectors. The majority of offshoring tends to go to locations with costs comparable to the U.S., contrary to popular perception.
Report -- Why you should care about the federal budget
A blog post from Robert Atkinson of the Information Technology & Innovation Foundation looks at the implications of the President’s Budget for American manufacturers. The blog post finds that the budget contained positives, such as funding for NNMI, and shortcomings, such as slower growth in R&D funding.
Report -- Assessing U.S. corporate tax reform in an age of global competition
A report from the Information Technology & Innovation Foundation describes the impact of the corporate income tax on the economy and analyzes the major issues involved in creating tax reform that both increases economic growth and reduces the burden of federal debt.