It’s true we love manufacturing! And the packed house at yesterday’s 2019 Manufacturing Survey Rollout Event was evidence that many others in our region do too. The survey results, presented by Purolator International, were a compilation of insights from 500 manufacturing companies and Manufacturing Works members that responded to the survey now in its third year.
Several of the most valuable companies in the world in disparate markets share something in common:
- Uber: Largest taxi company owns no cars.
- Air BnB: Largest accommodations firm owns no real estate
- Ali Baba: Largest online retailer owns no inventory
Now think about electric vehicles (EV) vs internal combustion engine vehicles (ICEV):
- Tesla: about 150 moving parts
- ICEV: about 10,000 moving parts
How will the coming revolution in EVs affect NE Ohio’s network of automotive suppliers?
WIRE-Net, MAGNET, Medina County Workforce Development, and Team-NEO completed a major grant-funded project that helped regional companies improve their competitiveness, create and retain jobs, and strengthen their operations here in Northeast Ohio.
Topics: Cleveland Industrial Retention Initiative (CIRI), Accelerate Cleveland Manufacturing, MAGNET, Team NEO, Medina County Workforce Development, Make It In America, Cleveland Foundation, City of Cleveland