Optimistic Outlook For Manufacturing
Laptop Battery By Kim Kolden • 02/16/04
Madison, Wis. -- Kenneth Poole, an economic and community
development specialist, presented a hopeful outlook for Wisconsin
manufacturing Friday at the 2004 Governors Conference on Economic
Development. Abstaining from morbid statistics and pessimistic
views, Poole emphasized ways to keep and grow businesses in
Wisconsin.
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Thinkpad Wisconsin manufacturing suffered very little in the aftermath of
the dot-com breakdown, Poole said. He cited that Wisconsin saw only
a 9.1 percent drop in manufacturing employment from 1994 to 2003.
In addition, Poole noted recent information which showed China, a
major manufacturing competitor, lost 15 to 20 percent of its
manufacturing base at the same time that Wisconsin experienced
similar losses.
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Microsoft Wisconsin hasnt done terribly badly compared to the rest of the
nation, he said.
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Laptop Computers Manufacturing job loss is nothing new but is now more noticeable
as downsizing occurs at an accelerated pace, Poole said. To solve
this problem, manufacturers must realize they are now competing in
a global marketplace that requires them to stick to what has made
America successful--innovation.
Completing the optimistic picture was the service sector ISM release, which in contrary to the manufacturing ISM came in better than expected at 57.1 ( c were 54).
Laptop Computer Businesses that ignore the trend to compete nationally and
globally will be leaving the Wisconsin communities that depend on
them, Poole said.
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Desktop Computer We have to realize that were not going to keep everything, he
added.
Notebooks Imminent job loss was an opinion shared by Douglas Venable,
director of economic development for the City of Janesville. He
noted recent information that showed China, a major manufacturing
competitor, lost 15 to 20 percent of its manufacturing base at the
same time that Wisconsin experienced similar losses.
Lenovo The loss [in manufacturing jobs] is not coming only because of
international competition. Its just that productivity innovations
are pervading the industry. Everybodys getting more efficient and
unless were moving faster than our competitors, were going to be
losing even more, Venable said.
Hard Drive Dan Madden, area development manager for the Wisconsin
Department of Commerce, embraced Poole's optimism for Wisconsin's
economy.
Travelstar It is a really positive thing to know that our losses are much
less dramatic than whats happening across the country, which
implies that we are a lot more competitive than other states and
thats a bright thing to focus on and I think that he was right that
sometimes we miss that, Madden said.
Gateway To maintain manufacturing jobs, Poole recommended Wisconsin look
to entrepreneurs and innovators to start and enhance potentially
competitive companies.
Laptop Parts As an entrepreneur and member of Wisconsin Economic Development
Council, James Herman said that although Wisconsin has always
prided itself on being the home of hard working employees, attitude
and willingness are now the most important attributes to look for
in new manufacturing hires.
Software That concept has just about worn itself out. [Now] its all
about hiring people with the right attitude, Herman said.
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