| ACE Park Moving Forward | |
|
Development partner selected & agreements signed
In June, CAMT selected UP Properties-- a national company with Denver offices-- as their development partner for the ACE (Aerospace and Clean Energy) Manufacturing and Innovation Park. An agreement was also signed with the City of Loveland to begin due diligence and negotiations to purchase the former Agilent campus in Loveland.
 | | On June 9th, CAMT & partners celebrated the next stage of the ACE Park. Check out some of our partner logos on this cake! |
The ACE Park is a central component of a state-wide economic development initiative led by CAMT in collaboration with many partners to promote an innovation economy, global competitiveness and job growth. The goal of the ACE Park is to accelerate the commercialization and market introduction of new products, as well as provide a collaborative environment for growing companies.
The planned park will be a multi-tenant campus with shared support services that can house more than 70 companies focused on scaling up manufacturing of aerospace and clean energy technology products. The Park's centerpiece will be shared services space that will house an advanced manufacturing lab and provide space for suppliers collaborating on design. Other features will include an on-site NASA Innovation Ambassador, workforce training and education and other resources.
To learn more about the ACE Park, click here. |
| Reshoring Initiative Webinar | |
|
Is off shoring really cost effective? Join us to find out
In the face of higher transportation and fuel costs, as well as wage rates, reshoring production is a popular discussion. Join us to learn about the Reshoring Initiative and its free Total Cost of Ownership (TCO) Estimator.
Date: Thursday, August 18
Time: 11:00 a.m. - Noon
Location: Online Webinar
Cost: No Charge
More Info & Register: Click Here
Participants will learn:
- How to use the TCO Estimator
- How to plan future reshorings based on forecast changes in wage rates and currencies
- How to quantify and "sell" the advantages of local sourcing
- How to either avoid off shore competitors or beat them
- Learn about the most cost effective way to improve local manufacturing and employment
|
|
How to Convince Youth to Pursue Mfg Jobs | |
|
 A five-step approach recommended
Manufacturing accounts for the most exports, supports more multiplier/support jobs than other industries and pays wages 25% to 50% higher than non-manufacturing jobs. The health of our economy depends on a vibrant manufacturing industry with skilled workers. How can we attract young students to a career in manufacturing?
The Future of CNC Manufacturing Education blog has some ideas. This detailed serial blog recommends a five-step approach:
- Understand the Manufacturing Facts
- Understand the Education Facts
- Understand the Needs of Our Youth
- Understand the Needs of Manufacturers
- Understand How to Work Together With Schools
Click here to view the full article. |
| IndustryWeek Articles of Interest | |
|
UPS Freight Raises Prices by 6.9%
This is the second time in less than a year UPS has raised general rates. Read full article here.
Surviving Amid Double-Digit Inflation Rising costs for commodities and labor are threatening corporate profits. Read full article here.
When it Comes to Public-Private Support of U.S. Manufacturing, We're 'Playing Catch-Up' Interview with Scott Paul, Director of the Alliance for American Manufacturing. Read full article here.
|
