Production Machining

OCT 2016

Production Machining - Your access to the precision machining industrial buyer.

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productionmachining.com :: 19 Helping Precision Machine Shops Be More ProducƟ ve and Profi table Workforce Development Helping You To Meet Your Workforce Challenges Trends in Advanced Industries: Brookings Institute By Miles Free – Director of Technology and Industry Research, PMPA Advanced industries matter to you because they represent both an economic foundation and led the post-recession recovery. Advanced post-recession recovery. Advanced industries are where the future jobs are and where the sustainable growth will be. In Ohio, according to this report, In Ohio, according to this report, 17 out of the 25 largest advanced industries in 2015 were markets served by our precision machining served by our precision machining companies. Motor vehicle parts, companies. Motor vehicle parts, general-purpose machinery, power general-purpose machinery, power generation and supply, precision instruments, medical equipment and supplies and many more are where the career "action" is. The Brookings report fi rst explains The Brookings report fi rst explains what advanced industries are and why they matter. It next charts why they matter. It next charts the changing momentum and geography of the sector, with a special focus on these trends as they surface in large metropolitan areas. surface in large metropolitan areas. Finally, a discussion section offers Finally, a discussion section offers some take-aways for regional and national policymakers and economic development leaders. Overall, the trends reveal both the value and evolving distribution of advanced economic activity and the need for urgent federal as well as state and local efforts to boost their state and local efforts to boost their state and local efforts to boost their growth and broaden their reach. Thank you to Brookings for this outstanding and useful report. Let's outstanding and useful report. Let's do our part to get it in the hands do our part to get it in the hands of the policy makers, job seekers, educators and guidance counselors in our communities to make a difference. difference. The Brookings Institute has prepared a comprehensive report on America's Advanced Industries, or industries that invest at least $450 per worker in R&D and employ at least 20 percent of their workforce in STEM-intensive occupations. Training the Next Generation: To view the report, visit short.productionmachining.com/advindtren

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