Celebrating Manufacturers in Northeast Ohio: NEOMakesThat
To mark Manufacturing Month this October, and in the run-up to the 2015 [M]Power Manufacturing Assembly on September 30th in Akron, MAGNET is introducing the #NEOMakesThat hashtag. The goal is to spotlight and celebrate the rise of Northeast Ohio manufacturing on Twitter for all to see, thus changing the national perception of our region and fighting misconceptions about manufacturing.
The 60 Tweets in 60 Days campaign will run through September and October, and we’ll be celebrating and highlighting manufacturers in the Northeast Ohio region, along with the products they make. From household names like Sherwin-Williams and Chevrolet, to hidden treasures like Cleveland Whiskey, Reel Grip, and Myers Motors, we will be giving shoutouts via Twitter and other social media channels.
“Northeast Ohio has a rich manufacturing history,” said Ethan Karp, President and CEO of MAGNET. “Some companies, like Wooster Brush, have been making products in the region for 150 years, while others are much more recent additions to our proud roster of local makers.”
Also as part of the kick off to Ohio Manufacturing Month, MAGNET has partnered again with Crain’s Cleveland Business to present the [M]Power Manufacturing Assembly. This, the second year of the event, takes place on the morning of September 30th at the John S. Knight Center in Akron, and will feature 400+ manufacturing attendees. Tickets are moving fast, so local manufacturers are encouraged to buy their tickets in advance.
Article submitted by Bank of America For mid-market companies, business success and responsible growth aren’t mutually exclusive. In fact, prioritizing responsible growth is becoming increasingly important, and successful companies are making sustainability central to their growth strategies. Beyond good corporate citizenship, they are recognizing the intrinsic link between the strength of their business and that of the communities and economies in which they operate. Leading your growth with those goals in mind builds resilience and better solutions for the future. Consider the following: Responsible growth companies perform better. Companies that consider the impact of risks and opportunities on the environment, local communities and society may produce better financial results than those that don’t. Additionally, 90% of companies believe a sustainability plan is important for remaining competitive. Responsible growth companies attract investment. A 2016 study by MIT Sloan Management Review and Boston Consulting Group surveyed 3,000 executives and managers from more than 100 countries. Findings revealed that 75% of senior executives in investment firms agree that a company’s sustainability performance is materially important to their investment decisions, and nearly half would not invest in a company with a poor sustainability record. Ninety percent of executives see sustainability as important, but only
HEADLINE The survey definitively shows that product innovation leads to more growth, while “grow your own workforce” strategies will be needed to fill the major labor shortages hampering small manufacturer growth. Emerging technologies like the Internet of Things (IoT), 3D printing, and digital manufacturing are beginning to enhance innovation and productivity, but still have significant room for adoption amongst Ohio’s small manufacturing businesses. ABOUT THE SURVEY Under the direction of the Ohio Manufacturing Extension Partnership (Ohio MEP), MAGNET: The Manufacturing Advocacy and Growth Network conducted a thorough survey of Ohio’s manufacturing base. Contributing approximately 20% of Ohio’s jobs (and driving in some regions up to 50% of Ohio’s economy), and generating a disproportionate amount of export revenues and Gross Regional Product, manufacturing is critical to Ohio. Greater than 95% of Ohio’s manufacturers are small (under 500 employees), and these manufacturers need to remain competitive both nationally and internationally to ensure our economy’s health. Ohio’s Development Services Agency and the National Institute of Standards and Technology, which runs the MEP, recognizes the importance of this sector and fuels MAGNET and the Ohio MEP program to directly serve and support innovation, efficiency, and growth in small and medium manufacturers. What manufacturers need
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