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Do We Need More Manufacturing Entrepreneurs? 399

Do We Need More Manufacturing Entrepreneurs? 399

FromMaking Chips Podcast for Manufacturing Leaders


Do We Need More Manufacturing Entrepreneurs? 399

FromMaking Chips Podcast for Manufacturing Leaders

ratings:
Length:
44 minutes
Released:
Mar 12, 2024
Format:
Podcast episode

Description

There are around 17,000 contract manufacturing job shops in the US. That sounds pretty great, right? The truth is that growth is down 16% since 2008. Now, more than ever, we need new entrepreneurs in the manufacturing industry. Matthew Nix, Paul Van Metre, Drew Crowe, and Mike Payne join me in this roundtable discussion to talk about the vast opportunities available, how to take advantage of them, and why manufacturing leaders should encourage and grow entrepreneurs from within their businesses. Because if manufacturing isn’t growing, we aren’t MakingChips, and we aren’t making money. BAM! – Nick Goellner Segments [1:41] Matthew Nix, Paul Van Metre, Drew Crowe, Mike Payne [2:33] Manufacturing News: Leverage AMT’s custom research [11:07] Our reaction to the declining number of job shops [18:02] What Mike looks for in an acquisition [23:55] Join the AMT community! [24:48] Why every shop can leverage an ERP [28:00] There are vast opportunities available [33:55] Why you should grow future entrepreneurs  Resources mentioned on this episode The benefits of joining the AMT community  ProFab Alliance Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
Released:
Mar 12, 2024
Format:
Podcast episode

Titles in the series (100)

MakingChips is hosted by a set of multi-generational manufacturing leaders who are on the factory floor everyday, living their lives in the world of manufacturing—they know first hand that manufacturing can be challenging. Founders Jim Carr and Jason Zenger released their first podcast in late December 2014—releasing over 300 episodes to-date, reaching more than 650,000 downloads—all while striving to deliver on their mission, to “equip and inspire the metalworking nation.” In 2019, Nick Goellner, another multi-generational manufacturing leader, joined the MakingChips hosts, bringing a third generation of manufacturing leaders to the table. Join the hosts as they work through industry challenges with leaders such as Titan Gilroy (Titans of CNC), John Saunders (NYC CNC), Mark Terryberry (Haas Automation) and more.