CNN report: States rolling out the red carpet for manufacturers
Manufacturers are being wooed by states looking to improve their economies with incentives and tax breaks.
A boost in manufacturing in general, a greater appreciation of overall manufacturing costs and some more business-friendly tax policies are helping several states attract and gain new manufacturing opportunities, CNN Money reported Feb. 23.
CNN Money quoted Scott Paul president of the Alliance for American Manufacturing as saying, "Their high-level sell generally includes tax breaks, incentives for training workers, low utility rates and incentives for using alternative energy."
The full CNN Money story can be found by clicking here:
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.