After the Election: What's Next for Manufacturing?

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Where is U.S. manufacturing at? How can it grow, both within the U.S. and as a global powerhouse? What’s the state of global manufacturing, and what are its greatest challenges. …

Where is U.S. manufacturing at? How can it grow, both within the U.S. and as a global powerhouse? What’s the state of global manufacturing, and what are its greatest challenges.

Visit www.plantengineering.com to view this as an "On Demand Webcast," download the slides, and to take the CEU Exam. One (1) RCEP / ACEC Certified Professional Development Hour (PDH) available.

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  • 1. After the Election: What’sNext for Manufacturing?
  • 2. Related information regarding the webcast:• Download Presentation:http://www.plantengineering.com/index.php?id=7121#26253• CEU Exam:http://www.plantengineering.com/index.php?id=7127• For more information on another Plant Engineeringwebcast visit http://www.plantengineering.com/media-library/webcasts.html
  • 3. RCEP StandardsPlant Engineering has met the standards andrequirements of the Registered ContinuingEducation Program. Credit earned on completionof this program will be reported to RCEP atRCEP.net. A certificate of completion will be issuedto each participant. As such, it does not includecontent that may be deemed or construed to be anapproval or endorsement by RCEP.
  • 4. • Larry Turner,President andCEO, Hannover FairsUSA, Inc.• Bob Vavra,Plant Engineering ContentManager and ModeratorSpeakers
  • 5. After the Election: What’sNext for Manufacturing?Bob VavraContent Manager, Plant Engineering
  • 6. Where we stand today• Manufacturing is on the upswing:• ISM data positive for four straight years• „Rightshoring‟ of jobs continues• Manufacturing gaining attention
  • 7. 2012 Salary Survey data:Conditions improving
  • 8. 2012 Salary Survey data:New manufacturing regions
  • 9. 2012 Salary Survey data:A focus on quality, safety
  • 10. 2012 Salary Survey data:And still, our biggest issue…
  • 11. After the Election: What’sNext for Manufacturing?Larry TurnerPresident and CEOHannover Fairs USA, Inc.
  • 12. Challenging Environment• Continued uncertainty in the United States• US economy is forecast for modest growth in2013 (<2%) *– Slow first half with improvement later in the year• Advanced economies forecast for modestgrowth in 2013 (<1.5%) *• Need for manufacturers to continue improvingefficiencies* Source: www.conference-board.org
  • 13. Opportunities• Emerging and developing economies projected average growth of5% in 2013 *– China -- 7.5%– India -- 4.7%– Other developing Asia -- 5.0%– Latin America -- 3.0%– Middle East -- 2.2%– Africa -- 4.2%– Russia, Central Asia & -- 2.9%Southeast Europe• Leverage international growth and diversification through increasedexport activty• US Government is “here to help”* Source: www.conference-board.org
  • 14. Federal Government Initiatives• National Export Initiative – released in 2010 with goalof doubling US exports in 5 years (export.gov/nei/)• Execution through State Trade & Export Program(STEP)– Managed through SBA (http://www.sba.gov/content/state-trade-and-export-promotion-step-fact-sheet)– Support small firms grow exports• Manufacturing: Maximum number of employees may range from500 to 1500, depending on the type of product manufactured– Administered by each state – contact your State EconomicDevelopment Organization for more information
  • 15. STEP – What type of support?• Support for small business participation in foreigntrade missions and foreign market sales trips• Subscription to services by the Department ofCommerce• Website translation fees• Design of international marketing media• Trade show exhibitions• Participation in training workshops• Other export initiatives determined to beappropriate by the SBA
  • 16. Deutsche Messe Worldwide
  • 17. 11 flagship fairs17
  • 18. The five core themes of HANNOVER MESSE 2013HANNOVER MESSE 2013Research andDevelopmentIndustrialSupply, ProductionTechnologiesand ServicesPowerTransmissionand ControlEnergy andEnviron-mentalTechnologyIndustrialAutomationand IT
  • 19. Lead theme for HANNOVER MESSE 2013IntegratedIndustry• Integration of ITinto all industrial processes• Intelligent networking ofwork pieces, components andmachines• Communication across industryand enterprise boundaries
  • 20. Partner Country Russia• World‟s sixth-largest economy• economic growth: 3.5 % per year• gross domestic product 2011: about USD 1.884 trillion• Russia largely unaffected by European debt crisis• Europe‟s biggest gas supplier – key role in energy systemtransformation• Top industrial sectors• Mechanical and plant engineering• Chemicals and petrochemicals industry• Automotive manufacturing• Russia‟s participation at HANNOVER MESSE is a key part of theoverall Year of Russia in Germany and Year of Germany in Russia2012-13 program• Focus on green technologies: 2013 Year of Sustainability inRussia• Opportunity for new, long-term contacts and partnerships• Russia‟s input coordinated by Russian Ministry of Industry andTrade
  • 21. Thank YouLarry TurnerPresident & CEOHannover Fairs USA, Inc.LTurner@hfusa.com609.987.1202
  • 22. Questions and Answer Session and Exit SurveyQuestion?Type your question in the “Questions & Answers” box on theWebcast console and click “Send.” We will get to as manyquestions as we have time for.Exit Survey:Please take a moment to answer a few questions on our exitsurvey that should pop up on your screen. We use the answersto help make improvements to our webcast program.
  • 23. • Larry Turner,President andCEO, Hannover FairsUSA, Inc.• Bob Vavra,Plant Engineering ContentManager and ModeratorSpeakers
  • 24. After the Election: What’sNext for Manufacturing?