Headline News
Ad Agency Drops Harley-Davidson Due To Slow Sales
Hyundai Shifts SUV Production To Kia Plant
Family Sues Nestle Over Bottled Water Death
Cover Story
Private Equity by Jeff Reinke, Editorial Director
Meshing capital investments and operational approaches with changing consumer demands has made Lakeside Foods a leader in private label food packaging and distribution. More Cover Story
Q&A
Q&A With James Johnson, National Safety Council Interview by Anna Wells, Executive Editor, IMPO
IMPO: What types of specific safety concerns are most prevalent for manufacturers? What do you think are typically a manufacturer’s biggest safety problems?
JJ: According to the Bureau of Labor Statistics, over 50 percent of nonfatal workplace injuries result from overexertion, falls on same level, and struck by incidents. 35 percent of workplace deaths are the result of motor vehicle incidents, followed by 11 percent for falls from heights (to lower level). For manufacturing, the rate of deaths and nonfatal injuries went down from 2007 to 2008 (most recent years that data is available). More Q&A
Guest Features
Manufacturing: The True Economic Link by Mike Collins
Wealth is created in only three ways: agriculture and fishing, mining, and manufacturing. Beyond these three activities it can be argued that all other forms of economic activities transfer wealth, but don’t create it. Many economists dispute this because accepting it would throw cold water on many of their theories about the post-industrial economy.
Of the three ways of creating wealth, manufacturing is the most important in terms of the number of jobs and its historical ability to improve middle class living standards. But for many years, American manufacturing’s ability to create wealth has been diminishing.
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Field Reports
Helping Manufacturing And 'Generation Y' Meet Halfway by Joel Hans, Associate Editor, IMPO
Manufacturing, as an industry and a potential venue for future jobs, has fallen out of favor with younger generations of America. Many in “Generation Y” have an out-dated view of what 21st century production looks like — the dirty and difficult work of their great-grandparents — and consider their education as precisely an escape from a future in manufacturing. Nonetheless, a rich diversity of talent is available to forward-thinking companies. With a few cultural changes in their management strategies and an eye toward the future, American manufacturing firms will be able to find and retain the best minds this young generation has to offer.
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