Did you here? The folks who make things for a living are now … cool. Many business gurus out there, including Warren Buffett, say manufacturers are leading the economic recovery. The Institute for Supply Management reported the fifth month of growth in manufacturing employment. ISM’s employment index in April was 58.5 (above 50 is expansion), 3.4 points higher than it was in March.
The Rust Belt’s coming back too, at least in some areas. Team NEO, a nonprofit devoted to attracting new business to Northeast Ohio, recently reported that local manufacturing businesses, including metal fabricators, are expected to grow by 2015, and much of that growth may be tied to clean energy and related sectors.
Tom Waltermire, told the Cleveland Plain Dealer that, “This new, growing field … is enabled by our past,” referring to the area’s manufacturing legacy.