Ohio Manufacturing Summit Event Highlights
Regional manufacturing collaboration will strengthen the overall competitiveness of manufacturers in the Southwest Ohio and Tri-State region. This was a key takeaway from the inaugural 2018 Ohio Manufacturing Summit held May 10, 2018 in West Chester, Ohio. Industry experts including Dan Janka, President of Mazak Corporation; Greg Knox, President of Knox Machinery; Josh Mook, an Engineering Leader for GE Additive; and Pete Zelinski, Editor-In-Chief of Modern Machine Shop and Additive Manufacturing, shared this and other insights during the Summit.
Other key takeaways included:
A Thriving Manufacturing Sector Provides Economic Benefits
· Average manufacturing workers earned $82,000 annually compared with average annual salaries of $64,000 in other industries.
· According to the National Association of Manufacturers, for every $1 spent in manufacturing, $1.89 is returned into the economy.
Industry 4.0 Is Changing the Manufacturing Landscape
· Obtaining real-time machine performance data is driving uptime efficiencies.
· Smart machines put out more parts with less labor.
· Leveraging technology enables 3X to 5X productivity gains per worker.
· Advanced technology will continue to increase American competitiveness.
· Global adoption of manufacturing robots continues to grow rapidly.
Additive Manufacturing Is Growing in Prominence
· Additive Manufacturing streamlines the manufacturing process through consolidation of individual parts and improves production rates.
· Finding skilled labor is one of the main challenges in additive manufacturing. A lack of skilled labor leads to increased investment in automation.
· Additive manufacturing requires a significant commitment. If you participate in additive manufacturing, aim to be an additive manufacturing leader.
Workforce Development and Recruitment is Critical for On-going Manufacturing Success
· There is a 30 year gap in backfilling for retiring baby boomers.
· Incentivizing high school students to pursue manufacturing careers requires engagement of local school districts, high school counselors, and parents.
· Select industry and educational partnerships enable high school graduates to attend two years of post secondary education and obtain jobs that pay $50,000 annually with little or no student debt.
· Finding workers who can pass a drug test is an ongoing concern.
Environmental Stewardship Is Important For Industry and Societal Success
· It is important to build environmental stewardship into manufacturing business models.
· Responsible use of water is critical to the future success of industrial businesses.
· Waste management and compliance testing should be a regular occurrence.
Prepare for Succession Planning
· Always run your business as though you are getting ready to sell it.
Organizations That Can Promote Regional Manufacturing Collaboration
· DRMA – Dayton Regional Manufacturers Association
· TTMA – Tri-State Tooling & Manufacturing Association
· OMA – Ohio Manufacturing Association