Manufacturing Insights The Ady Advantage: Strategy Matters

 

AS I SEE IT: Competitors of Manufacturers Are Not Always What They Seem

A couple of weeks ago, I spent nearly a week evaluating a five-county rural region exploring becoming a more formal regional entity. One of the unifying assets that all these communities had was a transcontinental interstate highway connecting them all.And attracting new distribution centers was on the radar.I pulled one of the leaders aside, and said […]

Read more ...

AS I SEE IT: Talent Challenges = Talent Opportunities

Everywhere you turn, it seems, we’re being told about the lack of talent. (See my earlier blog about the cause of this: Is it a skills gap or a wage gap?). As economic developers and companies, however, we like to do something about it.Advanced Technology Services, Inc. is what I would describe as a specialized […]

Read more ...

Study Reveals Striking Shifts in Global Manufacturing Costs over the Past Decade

From The Boston Consulting GroupBCG’s new global manufacturing study was just released. The bottom line was that everything we knew about global cost structures for manufacturing has changed over the past ten years. Mexico and the US are increasing in competitiveness and some of the recent high-fliers like Brazil and China are in decreasing in competitiveness.  […]

Read more ...

AS I SEE IT: What does Prairie Home Companion have to do with ED?

One of the long-running programs on public radio is Garrison Keillor’s “Prairie Home Companion,” which recounts the day to day activities in fictional   Lake Wobegon. Lake Wobegon is memorably described as a place “where all the women are strong, all the men are good-looking, and all the children are above average.”Now what does “Prairie […]

Read more ...

AS I SEE IT: Is it a skills gap or a wage gap?

We’ve all heard it and seen it firsthand among the manufacturing companies we talk to. A remarkable lack of welders. Employees who can’t read an engineering drawing. Employees who don’t show up to work or can’t pass a drug test. And then the counterpoint: that it’s not a skills gap, it’s a wage gap.Back to […]

Read more ...

U.S. Agencies Consider Redefining Manufacturing

“According to this Wall St. Journal article, the feds are considering redefining manufacturing to include “factoryless goods producers.” (Think Apple.)  So if you design it, procure it, oversee production, market it, and sell it, but you just don’t fabricate it, you’d be in. Is this good for economic developers (it captures an important segment of […]

Read more ...

AS I SEE IT: Power Play

Several megatrends are resulting in electricity commanding an increasing role in economic development. First, we’ve continued to see the trend of projects with relatively larger capital investments and relatively fewer number of jobs. Not all that long ago, labor costs could account for up to 70% of operating costs. Today, in the most advanced manufacturing […]

Read more ...