Manufacturing is on the rebound in Ohio after being hit by the worst recession since the Great Depression. Crains Cleveland Business Magazine and The Columbus Dispatch have both noticed! Fine out more here.
The Federal Laboratory Consortium for Technology Transfer (FLC) has announced that the NASA Glenn Research Center, the Manufacturing Advocacy & Growth Network (MAGNET), the City of Cleveland and Cuyahoga County will receive the FLC’s State and Local Economic Development Award for their joint work on the Manufacturing Innovation Project known as "Adopt a City." The joint project grew out of the Obama Administration’s Strong Cities, Strong Communities initiative. The FLC is the nationwide network of federal laboratories whose mission is to promote and facilitate the rapid movement of federal laboratory research results and technologies into the mainstream of the U.S. economy. "Adopt a City" matched small and mid-size manufacturers with subject matter experts from NASA Glenn to help companies solve challenges they were experiencing with a new or existing product. NASA Glenn provided up to 40 hours of pro bono assistance to each company, the City of Cleveland and Cuyahoga County made low interest loans available to companies needing financial assistance, while MAGNET served as the project coordinator helping the following eight manufacturers in 2012. BioInVision of Mayfield Village Gotta Groove Records, Inc. of Cleveland MegaJoule of Cleveland Morrison Products, Inc. of Cleveland Pile Dynamics, Inc. of Solon Sensor Development
Technology, workforce and competitive issues make manufacturing in 2014 different than it was even 5 years ago, with success coming to those who embrace change. MAGNET (The Manufacturing Advocacy & Growth Network) is changing to serve the region’s manufacturers better. The 30 years of knowledge we’ve acquired helping companies measurably increase their top-line sales and bottom-line results is being enhanced through working partnerships with a powerful network of regional assets ready and willing to assist manufacturers achieve sustainable, long term growth. MAGNET has extensive experience in Optimizing manufacturing processes and productivity New product design, development and market diversification Solving training and workforce issues Among the network of organizations fully supporting a refocused MAGNET are government labs like NASA Glenn Research Center, award-winning talent, faculty and researchers at the area's colleges and universities, leading manufacturers willing to share their expertise, and sources of capital interested in funding innovation. To learn more about the changes at MAGNET, call 1-800-GROW-MFG (4769-634) or visit our newly refocused website!
The Incubator at MAGNET‘s tenant, OsteoSymbionics, was recently recognized in Cleveland Business Connects Magazine. What is OsteoSymbionics? Well it is a Cleveland-based manufacturer of custom craniofacial implants serving surgeons at leading hospitals across the United States for patients that have suffered traumatic brain injuries with damage to the face or skull due to injury, disease or deformity. See the full article here.
As the economy in Northeast Ohio continues to rebound, the demand for skilled, educated workers in manufacturing is increasing. Employers are seeking future workers from all sources and there is growing recognition of the role that women can play in these 21st Century careers. Welding is one of those careers that offers great opportunities for women. A recent CNBC.Com article illustrates the demand and potential for women in today’s modern manufacturing workplace. See the CNBC article here.
MAGNET RELEASES REPORT DOCUMENTING THE CRITICAL ROLE THAT MANUFACTURING PLAYS IN THE NORTHEAST OHIO ECONOMY Manufacturing Contributed $35.5 Billion to the Regional Economy in 2012; The average wage for manufacturing was $58,168, far surpassing the average regional wage of $44,367 See Press Release Here See Entire Report Here
In the January 2014 issue of Cleveland Magazine, you may see a name that we’ve mentioned before…Tom Lix! The CEO and founder of Cleveland Whiskey, who also happens to be one of our incubator tenants. Lix came to MAGNET (The Manufacturing Advocacy & Growth Network) in 2009 for help making his "radical idea" of a faster aging whiskey come to life. Lix’s unique method of aging whiskey applies large amounts of pressure to force the alcohol through the pores of barrel wood, which gives whiskey its flavor and only takes about a week to make as compared to a decade or so like the other stuff. "I’m not that patient," says Lix with a grin. So Lix began work with the MAGNET Product Design & Development team to come up with a robust system to produce this "radically different" whiskey in Cleveland, Ohio. They decided to called it "Cleveland Whiskey" and their Black Bourbon started hitting beverage stores in March 2013. (To find out more about Cleveland Whiskey and their involvement with MAGNET, click here.) We always knew Tom Lix was an interesting person, and we are happy to see we are not the only ones! Looking for Product Design &