Realities of the New Technologies in Machining Today

Realities of the New Technologies in Machining Today Ralph Hegman, President

Realities of the New Technologies in Machining Today Ralph Hegman, President July 1, 2010 Factory Jobs Return, but Employers Find Skills Shortage “Plenty of people are applying for the jobs. The problem, the companies say, is a mismatch between the kind of skilled workers needed and the ranks of the unemployed.” “Economists expect that Friday’s government employment report will show that manufacturers continued adding jobs last month….” “The increasing emphasis on more advanced skills raises policy questions about how to help….” “But a number of manufacturers ay that even if demand surges, they will never bring back many of the lower-skilled jobs, ad that training is not yet delivering the skilled employees they need.” “$15 to $20 an hour, plus” “32% of companies reported “moderate to serious” skills shortages. 63% of life science companies and 45% of energy firms cited such shortages.” “For now, the company urgently needs six machinists to run what are know as computer numerical control – or CNC – machines. An outside recruiter has reviewed 50 resumes in the last month and come up empty.”

Realities of the New Technologies in Machining Today Ralph Hegman, President Editorial – Manufacturing continues to spark new opportunities “the manufacturing industry added more than 7,100 jobs to Minnesota’s economy.” “This year more than 40 Minnesota manufacturers will celebrate Minnesota Manufacturer's Week by opening their doors to public tours. Other events include the Governor's Summit on October 25, the Minnesota Chamber of Commerce Summit on October 26, and the Minnesota Precision Manufacturers Association annual event on October 27.” "When people drive past a manufacturing facility, they might not consider the high-tech, skilled work that happens inside that building every day," said Enterprise Minnesota president Bob Kill, Enterprise Minnesota president and CEO….”

Realities of the New Technologies in Machining Today Ralph Hegman, President Oct. 14, 2011 By Scott Malone Investors to manufactures: what about next year? “But Honeywell confirmed its outlook, saying it expected to come in at the high end of its forecast on strong demand for turbochargers and automation and control equipment.” “for GE, they look for earnings to rise 10.7%; for United Technologies they see 11.5%; for Caterpillar, Inc. 27% and for 3M Co. 5%

Realities of the New Technologies in Machining Today Ralph Hegman, President No Longer Enough to Make Quality Machines for Big Customers, Machine Builders Are Learning What It Takes to Create Value in the Face of New Cost and Flexibility Demands, as Well as Regional Variances “There are growing trends from end users focusing more on their core competencies and instead outsourcing more of their automation concerns back to the machine builders. Also, with fewer and fewer qualified technicians working at those companies—whether because of layoffs or increasing retirement levels—the automation surrounding those machines needs to be simpler.” “….the end user's total cost of ownership (TCO) equation—TCD, or total cost to design, develop and deliver.”

Realities of the New Technologies in Machining Today Ralph Hegman, President Video

THANK YOU!Any Questions or Comments? Ralph Hegman, President

Realities of the New Technologies in Machining Today