NJ Receives a Cumulative Grade of “D+” in the 2019 Manufacturing Score Card. NJ’s tax climate, expected fiscal liability gap, and sector diversification all scored an “F”, resulting in a poor overall grade for NJ’s manufacturing health.
WASHINGTON — National Association of Manufacturers President and CEO Jay Timmons and Manufacturing Institute Executive Director Carolyn Lee recently joined with President Donald Trump and Advisor to the President Ivanka Trump to sign the Pledge to America’s Workers, with manufacturers committing to provide training opportunities to 1,186,000 manufacturing workers over the next five years to address the industry’s skills gap […]
Small manufacturers and startups would find it easier to get capital for modernizing and expanding their operations under a bill to expand a key Small Business Administration (SBA) loan program. The Strengthening Investment to Grow Manufacturing in America (SIGMA) Act, sponsored by Congressmen Tim Ryan (D-OH) and Tom Reed (R-NY), would increase the amount manufacturers […]
As automation continues to grow, low-cost countries may no longer enjoy a competitive advantage in the future, but the U.S. needs to be more aggressive in adopting robotic technologies, according to Justin Rose of the Boston Consulting Group. How the U.S. Can Regain Its Manufacturing Edge According to the Boston Consulting Group’s Justin Rose, “Manufacturing […]
On Thursday, May 23, 2019, the NJEDA and Ocean County Vocational Technical School signed a Memorandum of Understanding at OCVTS in Jackson officially kicking off the Manufacturing Policy Academy’s Marketing and Outreach Pilot. The MOU makes official NJEDA and OCVTS’ partnership in providing free field trips for Ocean County students to visit local advanced manufacturing […]