At the end of each year, you can always find numerous industry predictions for the year ahead. Here’s what some manufacturing industry experts are predicting for the sector in 2022. According to the annual Metalworking Capital Spending Survey from Gardner Intelligence, a division of Modern Machine Shop magazine’s publisher, Gardner Business Media, the metalworking industry will […]
State and Schools Work to Increase Talent Pool for Manufacturers
By all accounts, the manufacturing industry in Connecticut has been steadily growing for the past several years and it’s projected to keep on growing. In November, the sector posted its largest monthly gain since May 2020. In its 2018 – 2028 employment projections, Connecticut’s Department of Labor predicts the demand for computer-controlled machine operators to […]
New Year Lifts Tariffs, Changes Employment Laws
Tarrifs Effective January 1, 2022, the U.S. will no longer impose a 25% tariff on steel or a 10% tariff on aluminum imported from the European Union (EU). The two countries negotiated an agreement to lift the Section 232 tariffs on October 31, 2021 at the G-20 Summit in Italy. In exchange for lifting the […]
Is Your Business Ready to Provide Ideal Opportunities for Your Existing Employees?
I came across this post that Leesa Schipani (CTmrg board member) wrote in March of this year. Although that was several months ago, it still holds true. A lot has changed in the last year, yet in some ways we really haven’t moved forward as much as we’d hoped. One issue that was present prior […]
Bringing Manufacturing Back to US Shores
A recent article in New Jersey Business addresses the challenges we’re facing from years of offshoring. “With price increases overseas, and the pandemic wreaking havoc on the supply chain, businesses may begin weighing their lower savings from offshoring against its common challenges such as longer shipping times, the potential for a lower quality of product, […]
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