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/INSIGHT ON MANUFACTURING
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Januar y 2015 w w w.in s i g h t o n m f g . c o m
MANUFACTURING: THUMBS UP FOR 2015 c o n t i n u e d
M
aybe it's no surprise that manufacturers are
feeling more confident about the state of their
industry now that the nation has largely emerged
from the dismal years of the Great Recession.
What's more surprising is how much that confidence has grown.
Financial health, projected sales, plant modernizations and workforce
hiring are all showing a significant upswing, demonstrating that the state of
manufacturing is quite strong overall, according to the NEW Manufacturing
Alliance's 2015 Manufacturing Vitality Index, released in December during the
New North Summit in Sheboygan.
"The increases were the highest of any year that we have conducted the
"We've
never
seen that
(hiring)
number
higher than in the
low 40s. So that was
really, really exciting.
It seems like our
manufacturers are
really seeing strong
growth in their
companies. They're
reinvesting that profit
into their companies."
Ann Franz,
director of the NEW Manufacturing Alliance
