e-Trends Newsletter

This digital community newspaper offers readers a nexus of timely news of the people, companies and trends that drive Minnesota's manufacturing economy.


Enterprise Minnesota e-Trends

November 9, 2012

 

Manufacturing's Election Year Opportunity

Minnesota's Manufacturers Need to Capitalize on Their Perceived Value to the Economy

By Bob Kill
Enterprise Minnesota President & CEO 

We don't need a panel of cable news pundits to realize that America's manufacturers were among the big winners of this week's national election.

Just look at the political advertising. As the American economy still struggled to regain its economic mojo amid the expensive and mind-numbing (and largely irrelevant) barrage of negative political advertising this fall, several savvy politicians - of both parties -- used their campaign messaging to emphasize that the path back to prosperity will be paved principally by manufacturers. That's why so many of their positive campaign ads featured video footage of them visiting local manufacturing companies.

In Minnesota, two come to mind: Congressman Erik Paulsen used an ad that touted his leadership to successfully beat back a tax on medical manufacturers that might have been devastating to Minnesota's nation-leading high tech sector. The legislation was supported by the entire Minnesota Congressional delegation.

Another ad, perhaps best among them, was created by the re-election campaign of U.S. Senator Amy Klobuchar. In it, she emphasizes the value of manufacturing. "We can't be a country anymore that just earns money on Wall Street and shuffles paper," she said. "We have to be a country that makes stuff again, that invents things, that exports to the world."

Bravo, Senator. Your ad reminds us all once again that good policy often produces the best politics.

So, it appears that support of manufacturing might become a non-partisan policy priority for elected officials at every level, from the part-time volunteer members of a town council to the person who occupies the Oval Office. They are coming to understand that people who "make stuff" sit at the crossroads of our whole economy. Manufacturers not only create jobs, they create steady, well-paying jobs that are increasingly the economic foundation of their local economies. They also help facilitate a huge integrated ecosystem of infrastructure of support industries, from bankers and accountants to transportation, energy, and a wide ecosystem around American innovation. 

If I can offer just one bit of advice: Get to know your legislator or, better, make sure your legislator knows you. The Minnesota legislature today is composed of many new members. They need to make a personal connection with their local manufacturing enterprises.

A visit by a legislator to your manufacturing floor - especially a new legislator - represents an opportunity to transform statistics and talking points about manufacturing into living, breathing, flesh-and-blood realities.

Elected officials likely already know the statistics, but they are worth repeating: Manufacturing is the third largest industry in Minnesota, employing almost 300,000 people. Manufacturing employees average $56,328 in annual compensation, 20 percent higher than the average wage for all industries. And if you factor in a multiplier of 1.9, manufacturing accounts for nearly one in every three jobs in Minnesota.

Nothing animates those stats like an in-person tour of your company. Enterprise Minnesota has helped organize hundreds of these meetings. The clean, high-tech processes of your manufacturing operation quickly debunk preconceptions of dark, dirty, boring jobs. Elected officials are impressed by the advanced skill sets required of many manufacturing jobs and genuinely shocked to learn that so many high-paying manufacturing jobs sit unfilled because they can't find potential employees with an adequate level of training. And, they are impressed with the intricate, highly-sophisticated inter-relationships that comprise the modern manufacturing supply chain.

Elected officials also get another great surprise during their visits to manufacturers. While most every group in the state will fill its initial visits with an agenda of its legislative "needs and wants," manufacturers want mostly to be left alone  -- to focus on serving their customers with high-quality products and services. In return, manufacturers can promise to do more than anybody to fill Minnesota's top economic priorities: Jobs. Jobs. And Jobs.

business event logo

   Successes in Business Innovation - Manufacturers Show The Way

Wednesday, Nov. 14, 2012
8-11 am
US Bank
1 Meridian Crossings
Arrowhead Conference Room
Richfield, MN

Cost: Regular $119

Register Online

What to Expect: 

Come learn how successful manufacturers are growing their businesses through strategic innovative investments in processes, new products, marketing, exporting strategies and more.

Speakers:

Tim Keran, Owner &  President
Western Graphics
St. Paul
 
Kent Mogler, COO & Vice President
WW Johnson Meat
Minneapolis

Greg Phelps, COO
Lakeland Companies
Minneapolis

Register Online Today!

Have news or events for e-trends?  Contact Sue Roe at sue.roe@enterpriseminnesota.org

 

Industry News

Manufacturer Moving Headquarters to Minnetonka
Taylor-Wharton International, a maker of vessels and precision valves used to store high-pressure gases and liquids, will bring up to 40 jobs to Minnetonka as it moves its corporate headquarters from Mechanicsburg, Pa., to the western Minneapolis suburb.
Finance and Commerce article continues

Donnelly President Shares at Enterprise Minnesota Event 
Top performing companies understand that organizational strategies must focus on creating and delivering value, not simply cutting costs to advance growth and promote prosperity. That was the message that Donnelly president Ron Kirscht delivered on October 18 at "Leveraging Operational Excellence to Achieve Growth," an Enterprise Minnesota event at the offices of Trusight in Plymouth.
Echo Press article continues 

Enterprise Minnesota Looking for Service Delivery Consultant
Enterprise Minnesota is seeking a talented business professional to join its statewide team.
enterpriseminnesota.org article
More Information

Nash Finch Will Add Jobs in St. Cloud
Nash Finch will add several positions by the end of the year at its facility in St. Cloud after announcing plans to close a distribution center in Cedar Rapids, Iowa. The publicly traded wholesale food distributor, based in Minneapolis, announced the work from the Cedar Rapids facility will be consolidated with sites in St. Cloud and Omaha, Neb. Nash Finch estimated closing the Cedar Rapids center will cost fewer than 50 jobs and allow for increased efficiency and additional product selection for its customers.
sctimes.com article continues

Employer Acumen
Garners Innovance Award  
Innovance leaders will be the first to tell you of the importance of investing in small business.Through the support of their business during the last 40 years, Innovance and its subsidiaries have become one of the Top 5 employers in Albert Lea. Last month it was named Large Business of the Year by the Albert Lea-Freeborn County Chamber of Commerce.
AlbertLeaTribune.com article continues

Upcoming Events

Implications of the Election on the Affordable Care Act Rules   
RJF Webinar
Nov.15, 2012
Noon - 12:30pm
Register Now 

Health Care After Implementation
Minnesota Chamber of Commerce Webinar
Nov. 29, 2012
Noon - 1:15pm
Register Now

Achieving a Healthy Retirement Savings Posture: Checking the Pulse of Your Plan and Your Employees
RJF
Nov. 29, 2012
8:30-11:30am
Golden Valley Country Club
7001 Golden Valley Rd
Golden Valley
Register Now

Does Your Strategy Position You For Business Growth?
Enterprise Minnesota Business Event
Dec.12, 2012
8-11am
Padilla Speer Beardsley
1101 West River Parkway
The Falls Conference Room, 3rd Floor
Minneapolis 
Register