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P1 Industries plans to build a million-dollar innovation lab in Scotia that will add design, development, and prototyping to its portfolio of manufacturing services. Founded by David Dussault, an Albany-area industrial entrepreneur, the Schenectady company employs 85 people and earns nearly $20 million in revenue. Formerly known as DHA Holdings, P1 Industries makes parts for the oil and gas and power generation industries.

ThermoAura is a Capital Region startup that manufactures a nano-enhanced thermoelectric material that’s 25% more efficient and costs 40% less to produce than competitor offerings. Founded in June 2011 by Dr. Rutvik Metha, a graduate of Rensselaer Polytechnic Institute (RPI), the company is continuing is successful transition from university laboratory to commercial manufacturing.

John Zegers, the director of the Georgia Center of Innovation for Manufacturing, is predicting “a landmark year for American manufacturing in 2015.” In an article for Manufacturing.Net, the former manufacturers’ representative explains that “a convergence of activities” will help U.S. companies to grow, change, and compete.

What is the future of manufacturing in 2015? According to Michael Kotelec of Verizon Enterprise Solutions, there are five trends that will cause manufacturers to adjust their supply chains and modify their business models in the new year. Kotelec’s Industry Week predictions apply globally, but which trends will affect New York State manufacturers the most?