PMPA member Aaron Bagshaw of W.H. Bagshaw Co. Inc. served on the commission. We reported on this in our blog post here. At that time, Aaron told us “It’s no longer about recognizing that we have a problem- it’s about finding ways to scale what works.”
We will be attending the release of this important report aimed at creating “actionable, non -partisan ways to create middle class manufacturing jobs.” We are looking forward to finding out about the ways the commission has identified to scale what works. Creating awareness of industry and promoting career opportunities is one of PMPA’s four current strategic goals.
The report is also focused on “how to accelerate the innovative capacity of American manufacturing’s small and medium-sized enterprises (SMEs).”
We’ll be reporting from the Washington Release of this report.
With the Workforce Participation Rate at or near it historical low- “Now is the time!”
When you are president of the oldest company in its manufacturing field in America, you probably have a pretty good handle on what it takes to sustain a business.
“It’s no longer about recognizing that we have a problem- it’s about finding ways to scale what works.”- Aaron Bagshaw So we were not surprised to learn that Aaron, President of PMPA Member W.H.Bagshaw Co. Inc. was named to the University of Virginia’s Miller Center Workforce Commission addressing the nation’s “Middle Skills” workforce gap. W.H. Bagshaw was established in 1870, making it America’s oldest manufacturer of pins.
Former Governor Haley Barbour (R-MS) and former Governor and Senator Evan Bayh (D-IN) are co-chairing a new University of Virginia Miller Center commission that is focusing on job creation for small- and medium-sized manufacturers. The effort is part of the Milstein Symposium: Ideas for a New American Century, a new Miller Center initiative that is addressing challenges facing America’s middle class.
“For generations, small- and medium-sized manufacturers have provided stable, good-paying jobs for middle-class Americans,” said Bayh. “As we move rapidly into the 21st-century global economy, we need fresh thinking to ensure that these companies can continue to grow and put people to work.”
Barbour said, “The public has understandably lost confidence in Washington’s ability to generate common-sense, bipartisan solutions to our nation’s challenges. This commission will bring together policymakers, scholars, industry leaders and other stakeholders to craft those solutions – the type of people that can achieve broad consensus and develop actionable ideas, not just more rhetoric.”
Barbour and Bayh have strong histories in advancing new ideas to benefit manufacturing and small business. As governor, Barbour expanded the number of high-skilled jobs in Mississippi’s manufacturing sector and helped launch the University of Mississippi’s Center for Manufacturing Excellence. In the Senate, Bayh was active on the Small Business and Entrepreneurship Committee and introduced legislation to expand Small Business Administration loans to small manufacturers, which was enacted a year later.
The commission is expected to release recommendations in February.
Do you have ideas to share?- contact Aaron Bagshaw- just one of a host of your fellow PMPA members that are actively addressing the skills gap issue locally around the country. Thanks for your leadership Aaron.
In 2012, manufacturers contributed $1.87 trillion to the economy, up from $1.73 trillion in 2011. This was 11.9 percent of GDP. For every $1.00 spent in manufacturing, another $1.48 is added to the economy, the highest multiplier effect of any economic sector. 1
Manufacturing supports an estimated 17.2 million jobs in the United States—about one in six private-sector jobs. Nearly 12 million Americans (or 9 percent of the workforce) are employed directly in manufacturing.2
In 2011, the average manufacturing worker in the United States earned $77,060 annually, including pay and benefits. The average worker in all industries earned $60,168.3
Manufacturers in the United States are the most productive in the world, far surpassing the worker productivity of any other major manufacturing economy, leading to higher wages and living standards.4
Manufacturers in the United States perform two-thirds of all private-sector R&D in the nation, driving more innovation than any other sector.5
Taken alone, manufacturing in the United States would be the 10th largest economy in the world.6
Consider a career in Manufacturing. We’re actually hiring.