As a small or medium-sized manufacturer in New York, what types of programs or initiatives would help your business the most? If you have a few minutes to spare, The New York State Energy Research and Development Authority (NYSERDA) would like to hear your input via a short online survey.
How competitive is American manufacturing? By the year 2020, the United States is projected to take the top spot in the Global Manufacturing Competitiveness Index (GMCI), a multi-year research platform from Deloitte and the Council on Competitiveness. The 2016 GMCI surveyed more than 500 of the world’s leading manufacturing CEOs and is the third such analysis in a series. Previous studies in 2010 and 2013 held promise for NYS manufacturers, but four reasons and two new programs could mean the best is yet to come.
Empire State Development (ESD), New York State’s chief economic development agency, offers incentives and programs to NYS manufacturers. To support businesses and encourage growth, ESD provides loans, grants, tax credits, and other financial and technical assistance. For manufacturers across the Empire State, ESD funding opportunities through Global NY, START-UP NY, and the New NY Broadband program can foster innovation, expansion, and increased profitability.
“Lean manufacturing” isn’t a long phrase, but some small-to-medium manufacturers prefer to say “lean” instead. The words we choose are important, of course, and some affect people’s perceptions of our intentions. According to Greg Hernandez, a manager at component manufacturer R.W. Lyall, the word “lean” can have negative connotations. “I’ve come to suspect,” he explains, “that it conjures images of starvation and poverty in people’s minds”. Is this what your employees think when they hear you say “lean”?