September/October 2011 | Trade and Industry Development

September/October 2011

Trade & Industry Development Magazine

Trade & Industry Development - September/October 2011

The manufacturing process has changed dramatically over the years, but at the core it is still the art of creation and production. Everything from shoes to CPUs to airplanes owes its existence to manufacturing. And in the U.S., the long overlooked importance of manufacturing is starting to reemerge. One of the few bright spots in our halting economic recovery has been manufacturing, and now the realization is dawning on policy makers that a “knowledge-based” economy cannot stand on its own and be sustainable unless it is also linked to the application of that knowledge – which means manufacturing.

In this issue, we examine manufacturing from several different angles, and offer advice to executives looking to expand their facilities. Paul Hampton, of Newmark Knight Frank, offers pragmatic solutions to companies that need to add facilities but are also focused on environmental initiatives. In his article on working with utilities, Larry Gigerich, of Ginovus, provides significant insight into what indications to look for in choosing a worthy utility partner. And Harry Moser, founder of the Reshoring Initiative, provides bottom-line value in his examination of the total cost of ownership, and how it relates to sourcing components and siting facilities. Also, Jennifer Alten examines the benefits offered by Foreign Trade Zones, and Linda Dobel takes a look at some of the designated sites in North America. Douglas K. Woods, president of the Association for Manufacturing Technology, provides a clear snapshot of manufacturing in America and the developing trends. And Dennis Donovan, of WDG Consulting, charts the outlook for facility expansions throughout the rest of the year and into 2012.
 

In this issue

Ohio: Moving Manufacturing Forward

BY: Mark D. Kvamme

Early in 2011, Ohio Governor John Kasich acknowledged that to compete in the global economy Ohio must transform its economic development efforts. That is why in February Governor Kasich signed legislation creating JobsOhio, a new, innovative, business-based model for economic development activities that will replace Ohio’s current government-driven economic development efforts. JobsOhio is a private, nonprofit organization that will execute the job creation, retention and expansion efforts for the State of Ohio. It also will help Ohio’s business community, businesses of all sizes, thrive and grow. Led by a board of directors, and interim Chief Investment Officer Mark Kvamme, JobsOhio will be funded through the Ohio Liquor Enterprise, a stable, long-term revenue source, modeled after a successful business plan. It is an organization that will be proactive, competitive and more responsive to emerging and promising opportunities. more....