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MAGNET supports manufacturers and champions manufacturing in Northern Ohio. www.magnetwork.org From the President & CEO Mission: The Manufacturing Advocacy & Growth Network supports and champions manufacturing in Northern Ohio.
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MAGNET supports manufacturers and champions manufacturing in Northern Ohio. www.magnetwork.org
From the President & CEO • Mission: • The Manufacturing Advocacy & Growth Network supports and champions manufacturing in Northern Ohio. • MAGNET is a “one-stop shop” for entrepreneurs and technology-driven manufacturers seeking resources to become or remain globally competitive. • Results: Calendar Years 2007 and 2008: • $244,220,000 Increased or Retained Sales • $ 35,674,000 Cost Savings • $ 91,248,000 Investment • $371,143,000 Total Economic Impact • 2,731 Jobs Created or Retained David M. FoutsMAGNET President & CEO
Service Region MAGNET services are available to around 16,000 manufacturers in 33 Northern Ohio counties MAGNET currently has active projects with these 20 companies in the Hudson area: Nelson Pitlor, PresidentAccessMount
Lean for Manufacturing Lean Product Development Lean Business, Administrative & Support Workforce Transformation Supply Chain Optimization/Logistics Quality Management Productivity
Product Development Growth Planning Eureka! Winning Ways Marketing Strategy & Sales Innovation
MAGNET Consultants help win DoD projects for Ohio manufacturers. Military Hummer Innovation – Defense Consulting
Innovation Innovation Process www.magnetpdd.org
Competitiveness The Competitiveness Challenge • Companies that enter MAGNET’s friendly annual competition learn to: • Plan and implement a strategy • Benchmark the value proposition • Improve teamwork • Showcase strong leadership • Improve top-line and bottom-line results • 2008 Competitiveness Challenge Results: • 14 participating companies • 20 new products • 136 new or retained jobs • $250 million regional economic impact
Business Incubation The Northeast Ohio Incubator Collaborative • Five incubators provide services to entrepreneurs in the 21 counties of Northeast Ohio. • Akron Global Business Accelerator • Braintree Partners (Mansfield) • Great Lakes Incubator for Developing Enterprises (GLIDE) (Lorain County) • MAGNET Incubator (Cuyahoga County) • Youngstown Business Incubator • Results: 2005 to 2008: • $304 million Sales Revenue • $ 81 million Investment Capital • $ 39 million Employee Payroll • 754 Jobs
Business Incubation Current Graduates Jim Zedella, PresidentInnovative Process Administration
Business Incubation Cuyahoga County New Product Development Loan Fund Available to entrepreneurs and small manufacturers. $3.25 million for new product development since 2005.
Community of Smaller Manufacturers • For companies with sales under $25 million. • Coaching • Web-based guided learning • Streamlined consulting services • Performance benchmarking • Networking events • Achieve top-line growth, bottom-line savings and improved profitability. Chris Azedourian, PresidentCutting Systems, Inc.
Education & Training Building a 21st Century Workforce • The MAGNET Education Initiative aims to solve the urgent image and skills-gap issues that face the manufacturing industry in Northeast Ohio. • MAGNET staff partner with manufacturers, education-and-training institutions, the public workforce system and like-minded community organizations. Current initiatives include: • Northeast Ohio Dream It! Do It! Web Site • Manufacturing Ambassador Program • WVIZ/NOTA Careers Broadcasts • Cleveland Cavaliers Awards Program
Global Business Development Connecting Northern Ohio manufacturers to world markets 2009 Global Events: Keep Your Business Growing with increased Global Export Sales, March 19 Going Global Today, May 12 2009 Update on High-Tech & Environmental Regulations, June 4
Public Policy & Advocacy The Voice of Manufacturing for Northeast Ohio “We had a serious issue with the Dept. of Commerce. [MAGNET’s Director of Public Policy] Michael Kobylka quickly made calls to Sen. Voinovich’s office to arrange a meeting in Washington. It is good to experience first-hand the willingness of people to help when there is an emergency.” --Matthew C. Litzler President, C.A. Litzler Co.
Case Study Innovation New Product Development
Innovation – Siphon Flush An idea is born… Ohio businessman Walter Beery received a $500 water bill for his unoccupied Arizona vacation home. The culprit: a degraded flapper on the toilet had let thousands of gallons escape without a sound. Beery came to MAGNET with the germ of an idea for creating a fool-proof system to stop toilet leaks. MAGNET engineers began with research.
Innovation – Siphon Flush MAGNET research showed government agencies estimate that 6 trillion gallons of water is leaking out of toilets every day—equivalent to the volume of water going over Niagara Falls every 2.2 hours.
Innovation – Siphon Flush The Culprit: The rubber flapper “I knew we had to look for the absolute root cause. In the end—the key was to pull the flapper out of the model and force ourselves to think outside the box.” —Walter G. Berry, CEOAmerican Innovative Products
Innovation – Siphon Flush Concept Break Through: The Reverse Trap Kitchen Trap: Water prevents sewer fumes from escaping back up the plumbing into the house Reverse Trap: Air bubble prevents water from escaping from the toilet
Innovation – Siphon Flush Concept Evolution: The Siphon Flush Siphon: A continuous tube that allows liquid to drain from a reservoir through an intermediate point that is higher, or lower, than the reservoir. The flow is driven only by the difference in hydrostatic pressure without any need for pumping. The final end of the tube must be lower than the liquid surface in the reservoir.
Innovation – Siphon Flush Innovation Breakthrough March 2009: Named to the prestigious “PM100” 2009 Progressive Manufacturing Awards sponsored by Manufacturing Automation magazine April 2009: Production begins Walter G. Beery, CEOAmerican Innovative Products
4600 Prospect Ave., Cleveland, OH 44103; (216) 432-5300; (800) 669-2267info@magnetwork.org | www.magnetwork.org | www.magnetpdd.org