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The competitiveness of the manufacturing sector in the United States has been discussed extensively in the press and economic literature in recent years. This joint study by KPMG and the Manufacturing Institute provides a current assessment of how the U.S. compares to its main trading partners as a location for manufacturing. Specifically, it found that primary costs (compensation, property, utilities, taxes and interest rates) in the U.S. are on average 16% higher than in the other markets—yet the U.S. ranks fairly high on the list overall at #5.
Supported by the MI, manufacturers across the country are pledging specific actions to increase equity and parity for underrepresented communities.
MFG Day encourages companies and educational institutions to open their doors to students, parents, teachers and community leaders.
Women are critical to manufacturing’s future and represent one of its largest untapped talent pools.
The Manufacturing Institute is committed to helping today’s American Veterans become tomorrow’s manufacturing leaders.