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Title. Name Title The Manufacturing Institute Date. A Renaissance in Manufacturing?. Manufacturing Jobs in U.S. (000s). Nearly 500,000 jobs added in the last two years. Major consulting firms issue reports predicting a return of manufacturing from Asia. . Structural Cost of Manufacturing.

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  1. Title Name Title The Manufacturing Institute Date

  2. A Renaissance in Manufacturing? Manufacturing Jobs in U.S. (000s) • Nearly 500,000 jobs added in the last two years. • Major consulting firms issue reports predicting a return of manufacturing from Asia.

  3. Structural Cost of Manufacturing • U.S. Manufacturers face a 20% cost burden over competitors from our largest trading partners. • Corporate tax rates make up over half that burdenas other countries have reduced rates. The Manufacturing Institute & MAPI - October 2011

  4. Manufacturing’s Multiplier Effect Source: U.S. Bureau of Economic Analysis, 2007 Annual Input-Output Tables

  5. Unwavering Commitment - Unfortunate Disconnect • 86 % believe America‘s manufacturing base is ―important or ―very important to their standard of living; • If they could create 1,000 new jobs in their community with any new facility, they ranked manufacturing at the top of the list; • 79 % say a strong manufacturing base should be a national priority; But…1/3 of parents would encourage their child to go into manufacturing The lack of qualified workers is impacting growth and recovery…..

  6. 80%

  7. The Skills Gap in Manufacturing • 82% of manufacturers report a moderate or serious skills gap in skilled production. • 74% of manufacturers report that this skills gap has negatively impacted their company’s ability to expand operations. • 69% of manufacturers expect the skills shortage in skilled production to worsen in the next 3-5 years. • 5% of all jobs in manufacturing unfilled due to lack of qualified workers. The Manufacturing Institute & Deloitte - September 2011

  8. Manufacturing Jobs Require Higher Skills

  9. Manufacturers Need New Workforce Strategies Top sources for new employees The Manufacturing Institute & Deloitte - October 2011

  10. A Million-Dollar Investment “I advise each of my staff that every worker hired is a million-dollar investment for this company. I’m calculating that most hires are under 45 years old; we intend to keep them for at least 20 years, and our average annual salary/benefits package is $55,000. In other words, we can’t afford to make a mistake—to hire someone without the right skills. Verifiable skills certification programs can make the difference between a good investment and a high-risk.” Dennis Rohrs, Human Resource Manager Fort Wayne Metals, Inc.

  11. Providing competency-based, customized education and training for the manufacturing workforce…today and tomorrow

  12. Founding Partners Partners 12

  13. Paths to Manufacturing Through Education The Need The Solution Technology-infused, more “life-relevant” education Increased access to post-secondary degrees and industry-recognized credentials Clear career pathways aligned to competency-based education and certification programs Excitement about STEM and awareness of high-paying, high-quality manufacturing careers • A highly educated and skilled workforce for U.S. manufacturing • Increased graduation rates, post-secondary enrollment and completion, and advanced- education attainment • Excitement about STEM and awareness of high-paying, high-quality manufacturing careers

  14. 2011 Distribution of Manufacturing Industry Certifications by State

  15. Contact Information 19

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