While everyone is quick to point out the death of manufacturing, there are actually quite a few trends currently that indicate manufacturing is set to experience a boost in production and manufacturing technologies. These trends indicate that the United States is far from losing its manufacturing base; but the trends also indicate the need to invest in quality equipment while the time is right.
Currently, manufacturing accounts for about 12% of the U.S. economy. But if manufacturing were considered to be its own economy, it would be the 9th largest in the world, with a whopping $2 trillion dollars in value. The vast majority of manufacturers are small businesses whose skilled workers make more than the average American hourly wage. While certain manufacturing strongholds have seen businesses come and go, manufacturing output for this country is higher than its ever been before and often drives research and development that becomes critical in other parts of the economy. With some experts predicting that the country will need 3.5 million manufacturing workers over the next decade.
This is an excellent time to look into upgrading mixers or heaters needed to create a quality product. Regardless of the number of agents that need to be mixed, Komax can create a customized product (end fittings, ports, style of mixing elements) needed to increase your advantage in the market place. Whether working with polymer melts, working with shear-sensitive materials, additive mixing or working with raw ingredients, your equipment not only makes your manufacturing process more accurate, but efficiency creates cost savings as well.
Manufacturing has the highest “multiplier” effect of any sector of our economy, meaning that for every dollar spent in manufacturing, $1.40 is added to the economy. Why not see how new equipment – or an upgrade of an existing piece – can help generate a multiplier effect on your bottom line?