The great bipartisan call to action is about manufacturing
By Lynn Shelton
Enterprise Minnesota's Vice President of Marketing
(Lynn Shelton, vice president of marketing, Enterprise Minnesota)
As American political discourse staggers disagreeably into what seems like new daily lows of unpleasantness in advance of new elections in a couple weeks, I’d like to emphasize a topic that should attract high levels of agreement. Manufacturing!
Manufacturers represent the job-creating engine that sustains their local economies and provides a sturdy base for prosperity across Minnesota. Someone once said that “work is the elixir of life.” And politicians like to talk about how the availability of steady jobs can supplant the need for a lot of social programs.
More and more policy-makers are understanding that manufacturers create and retain jobs. Quality jobs. The number of people employed by manufacturers has grown nine percent since 2010, today comprising 13 percent of all our private sector jobs.
Each manufacturing job supports 1.9 jobs in other sectors of the economy. That means that fully one-third of Minnesota jobs are in, or supported by, manufacturing.
And manufacturing jobs pay well. The average annual wage for a manufacturing job is more than $63,000—15 percent higher than the average wage for all industries.
There is a program that many politicians understand is helping even the smallest manufacturers remain competitive through direct investments that help give manufacturers access to services, even in Minnesota’s tiniest towns. It’s called GAP—the Growth Acceleration Program—and its success has been extraordinary.
GAP is a ten-year-old program whereby the state invests in manufacturers and manufacturers match these investments to benefit from consulting services that increase operational efficiencies and promote growth.
It’s easy to see why both parties in the Minnesota Legislature view GAP as a government investment that works. Since 2008, 375 Minnesota manufacturing companies have taken advantage of GAP. These manufacturers have:
- Created and retained 10,040 Minnesota jobs.
- Boosted company sales by $1.01 billion.
- Saved $177 million in business costs.
Our clients report that on average, GAP generates a $30 return for every dollar invested in the program. We regularly re-compute these results to make sure they are accurate.
In short, manufacturers give Minnesota’s politicians a lot to agree about. GAP is an opportunity for all legislators to address when the legislature convenes in January. And despite the frequently negative tone on the hustings, I’m confident policy-makers of all stripes will come together to make manufacturing the great connector of all political interests.
How to Maximize Your Production Capacity
Thursday, November 8, 2018
8:00 a.m. - 10:30 a.m.
Eagan Community Center - Oasis Room
1501 Central Pkwy
Eagan, MN 55121
What to Expect
Many manufacturers have integrated lean practices throughout their business, but is your organization empowering employees to make continuous improvement a daily priority?
Come learn from manufacturing executives on how you can take the next steps on your lean journey and:
- Increase employee skills and behaviors that align with company values;
- Increase focus on value-added activities; and
- Improve productivity company-wide.
Greg Hunsaker, an Enterprise Minnesota continuous improvement expert, will moderate this event.
Click here to register