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The State of Manufacturing in Minnesota
Enterprise Minnesota to roll-out the fourth annual statewide poll of manufacturing executives.
Enterprise Minnesota will launch its fourth annual State of ManufacturingTM poll in early 2012, revealing what executives think about top issues facing the industry in the coming year.
As the survey has grown each year, so has public understanding about the challenges and opportunities that manufacturers face, and the value of manufacturing to Minnesota's economy says Enterprise Minnesota president Bob Kill.
"Our goal is to probe the issues and challenges that drive manufacturers' ability to compete and thrive," Kill said. "In 2008 we created the State of Manufacturing poll to illustrate how Minnesota manufacturers view their industry, their companies and their communities in ways that would showcase the value of manufacturing to the state."
Enterprise Minnesota will present the findings with support from its statewide sponsors on February 21, 2012, from 4:00 pm to 6:30 p.m. at the Minneapolis Convention Center. Sponsors include Baker Tilly Virchow Krause, LLP, Granite Equity Partners, Gray Plant Mooty, M&I Bank, Trusight, RJF, and Xcel Energy.
Last year's State of Manufacturing survey found that executives expected a mixed bag, closely matching the actual outcome over the next several months. The survey found that less than one in 10 manufacturing executives (9 percent) anticipated a continued recession in 2011, while 40 percent foresaw economic expansion.
Now with four years of surveying, trends are beginning to appear. Understanding the year-to-year responses is becoming more important to creating visibility for manufacturing says Laura Moore, risk management consultant with RJF, a sponsor since the first survey in 2008.
"This project has had a compounding affect since its inception. As an inaugural supporter of this project, we've seen participation grow each year, with more people in positions of authority taking note of what manufacturers say they need to succeed," Moore said. "Manufacturing is a vital segment of Minnesota's economy. Keeping it strong is in all our interests."
Long one of the Minnesota's economic strengths, manufacturing remains a backbone of the state's economy. The industry employs more than one in 10 workers in the state, and pay more than average for wages, accounting for about 15 percent of all wages paid. Each manufacturing job supports another 1.3 jobs elsewhere through suppliers and employee spending. In total, manufacturing accounts for almost 30 percent of all jobs in Minnesota, according to the Department of Employment and Economic Development.
A strong manufacturing sector is critical to the state's economy, which is one reason why it's important to hear their outlook and top issues every year says Moore.
"Helping manufacturers grow and strengthen their businesses supports vibrant communities throughout Minnesota, not only by providing jobs and increasing the tax base, but also by providing pride," Moore said. "This project gives us all a chance to really listen to what our manufacturers have to say, and then find ways to help them through their difficulties."
Enterprise Minnesota's polling firm, Public Opinion Strategies, will conduct phone surveys during the first two weeks of January and Enterprise Minnesota will conduct 19 focus groups during that same time period. To hear the results, register for the State of Manufacturing event.
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Growing Profitably: Four Manufacturing Success Stories
November 30, 2011
8:00am-11:00am
Great River Energy, Maple Grove
$79 Early Bird Rate (Before November 23) or $110 Regular Come learn the strategies and insights of four exceptional manufacturing company CEOs. Hear how each leader:
* Found the company's position in the marketplace when they joined the enterprise
* Developed strategies to grow their companies into the profitable position they are in today
* Articulates a vision for the future of their company
Presenters:
Jim Haglund, CEO, Central Container
Kent Mogler, COO, WW Johnson Meat Co.
Bob Mars, President, Mars Co.
Tom Schabel, CEO, Alexandria Extrusion
Moderator:
Bob Kill, president & CEO, Enterprise Minnesota
Register online today
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Industry NewsJames Haglund joins Enterprise Minnesota board:
Enterprise
Minnesota announced that James Haglund has joined its Board of
Directors. Haglund is CEO of Central Container Corp., a Brooklyn
Park-based company that provides graphic, corrugated, protective and
static control products, supplies and fulfillment services to customers
throughout the five-state area.
2011 Tekne Award winners announced:
Advanced Manufacturing: Nova-Tech Engineering
Cleantech and energy: Ecolab, Inc.
Computer hardware and electronic devices: Global Traffic Technologies
Edutech: Sophia Learning
Innovative
collaboration of the year: Maverick Software Consulting, Minnesota
State Colleges and Universities, Advance IT Minnesota, Thomson Reuters,
and Digital River, Inc.
Life Sciences: Minntech Corp (established company), Pursuit Vascular Inc. (small and growing company)
Mobile and communication technologies: GeaCom Inc.
Software: Imation Corp. (established company), Calabrio Inc. (small and growing company)
Technology excellence in a non-profit organization: City of Minneapolis
Technology services and consulting: Thomson Reuters (established company), Apex Print Technologies (small and growing company)
Technology use in sustainability: KPMG
Public service awards: Sen. Terri Bonoff, Rep. Greg Davids, Rep. Tim Mahoney, Sen. Julianne Ortman, Sen. Julie Rosen
Horton Holding, Inc. honored with award:
Horton
Holding, Inc. was recognized with the Celebrate Business Success Award
for its commitment to advancing economic development in the Saint
Paul/East metro area. Developed in partnership between the Saint Paul
Area Chamber of Commerce and Moore, Costello & Hart, P.L.L.P in
2005, the Celebrate Business Success Award honors businesses and
individuals that provide leading examples of how members of the business
community contribute to a shared vision of economic success throughout
the area.
Upcoming EventsBest Practices in Leadership &
Employee Engagement Conference
Presented by the Minnesota Council for Quality
Thursday, November 10 (main conference)
Friday, November 11 (post-conference wkshops)
Bloomington, MN (location TBA)
More information
Crafting Successful HR Strategies
Presented by RJF
November 9, 2011
8:30am-11:30am
Golden Valley Country Club
More information
ISO Executive Overview
Presented by Enterprise Minnesota
November 10, 2011
1:30pm-3:30pm
Owatonna Business Incubator, Main Conference Room
A free event
Email to register
Careers in Demand
Presented by Alexandria Area Economic Development Commission
November 21, 2011
Alexandria Technical & Community College
More information
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