after the election: what's next for manufacturing?
DESCRIPTION
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.TRANSCRIPT
After the Election: What’s Next for Manufacturing?
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• Larry Turner,
President and CEO, Hannover Fairs USA, Inc.
• Bob Vavra,
Plant Engineering Content Manager and Moderator
Speakers
After the Election: What’s Next for Manufacturing?
Bob Vavra Content Manager, Plant Engineering
Where we stand today
• Manufacturing is on the upswing:
• ISM data positive for four straight years
• ‘Rightshoring’ of jobs continues
• Manufacturing gaining attention
2012 Salary Survey data:Conditions improving
2012 Salary Survey data:New manufacturing regions
2012 Salary Survey data:A focus on quality, safety
2012 Salary Survey data:And still, our biggest issue…
After the Election: What’s Next for Manufacturing?
Larry Turner
President and CEOHannover Fairs USA, Inc.
Challenging Environment• Continued uncertainty in the United States• US economy is forecast for modest growth in
2013 (<2%) *– Slow first half with improvement later in the year
• Advanced economies forecast for modest growth in 2013 (<1.5%) *
• Need for manufacturers to continue improving efficiencies
* Source: www.conference-board.org
Opportunities• Emerging and developing economies projected average growth of
5% 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 increased
export activty• US Government is “here to help”* Source: www.conference-board.org
Federal Government Initiatives
• National Export Initiative – released in 2010 with goal of 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 from
500 to 1500, depending on the type of product manufactured
– Administered by each state – contact your State Economic Development Organization for more information
STEP – What type of support?• Support for small business participation in foreign
trade missions and foreign market sales trips• Subscription to services by the Department of
Commerce• Website translation fees• Design of international marketing media• Trade show exhibitions• Participation in training workshops• Other export initiatives determined to be appropriate
by the SBA
Deutsche Messe Worldwide
11 flagship fairs
17
The five core themes of HANNOVER MESSE 2013
HANNOVER MESSE 2013
Research and DevelopmentResearch and Development
Industrial Supply,
Production Technologies and Services
Industrial Supply,
Production Technologies and Services
Power Transmission and Control
Power Transmission and Control
Energy and Environ-mental
Technology
Energy and Environ-mental
Technology
Industrial Automation
and IT
Industrial Automation
and IT
Lead theme for HANNOVER MESSE 2013
IntegratedIndustry
• Integration of IT into all industrial processes
• Intelligent networking of work pieces, components and
machines
• Communication across industry and enterprise boundaries
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 system transformation
• Top industrial sectors• Mechanical and plant engineering• Chemicals and petrochemicals industry• Automotive manufacturing
• Russia’s participation at HANNOVER MESSE is a key part of the overall Year of Russia in Germany and Year of Germany in Russia 2012-13 program
• Focus on green technologies: 2013 Year of Sustainability in Russia
• Opportunity for new, long-term contacts and partnerships
• Russia’s input coordinated by Russian Ministry of Industry and Trade
Thank You
Larry TurnerPresident & CEOHannover Fairs USA, [email protected]
Questions and Answer Session and Exit Survey
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• Larry Turner,
President and CEO, Hannover Fairs USA, Inc.
• Bob Vavra,
Plant Engineering Content Manager and Moderator
Speakers
After the Election: What’s Next for Manufacturing?