(PRWEB) March 10, 2014
The U.S. manufacturing sector is in the midst of a technology renaissance that has the potential to bring manufacturing work back to North America for years, according to Manufacturing Engineering’s annual trends report released with its March magazine issue. The boom can be sustained if the nation continues to invest in developing advanced manufacturing technologies and a highly skilled workforce.
Manufacturing Engineering is a leading source for news and in-depth technical information about advanced manufacturing in North America, serving an audience of more than 100,000 manufacturing professionals who subscribe to its monthly magazine, iTunes App, e-newsletters and other publications.
In “2014: Manufacturing’s New Momentum,” available at sme.org/2014mfgtrends, Manufacturing Engineering writes about four key trends that are driving a fundamental change in the U.S. manufacturing landscape:
“The business case for manufacturing goods overseas has been turned on its head in recent years,” said Sarah A. Webster, editor in chief of Manufacturing Engineering. “Thanks primarily to lower energy costs and innovative new manufacturing technologies, the U.S. manufacturing sector should grow for the foreseeable future, provided the United States can meet the challenge of developing the skilled workforce needed to manage the advanced manufacturing factories of the future.”
According to the latest job figures, the U.S. economy has added 622,000 manufacturing jobs since early 2010, including more than 80,000 over the past four months. There has been some debate about the scope of the skilled workforce shortage, with some estimates that as much as 5 percent of the nation’s 12 million manufacturing jobs remain unfilled. Manufacturing Engineering finds that manufacturers continue to report widespread difficulty in finding qualified workers, a problem that is amplified as manufacturing equipment and tools continue to grow in complexity.
About Manufacturing Engineering
SME’s [Manufacturing Engineering Media is the premier source for news and in-depth technical information about advanced manufacturing in North America. It serves an audience of more than 100,000 manufacturing professionals who subscribe to the monthly magazine, iTunes App, e-newsletters and other publications. Coverage is focused on some of the world's most critical industries: aerospace and defense, motorized vehicles, medical and energy, whether that's oil and gas, nuclear, electric, solar or wind.
SME connects all those who are passionate about making things that improve our world. As a nonprofit organization, SME has served practitioners, companies, educators, government and communities across the manufacturing spectrum for more than 80 years. Through its strategic areas of events, media, membership, training and development, and the SME Education Foundation, SME is uniquely dedicated to advancing manufacturing by addressing both knowledge and skill needs for industry.