Smart factories create jobs in U.S. manufacturing, says Rockwell Automation
Rockwell Automation CEO proposes new U.S. industrial policy that focuses on innovation, investment, and education to support smart factories. Keith Nosbusch says smart factories are the best way to create jobs.
Rockwell Automation Chairman and CEO Keith Nosbusch called for business and government to invest in smart factories that are flexible, efficient and sustainable as the best way to create higher-paying, long-term manufacturing jobs in the United States. Rockwell release the information in a statement.
Invest in technology to be globally competitive
Public and private sectors need to invest in advanced technology that will lower costs, increase productivity, and make U.S. manufacturing competitive globally, said Nosbusch.
"This investment is the best way to create enduring, higher-wage manufacturing jobs that can compete against other economies with lower costs of doing business," he said.
U.S. competitiveness via automation, information technology
Nosbusch spoke June 15 at The National Summit, a gathering hosted by the Detroit Economic Club, to promote actions to improve America's manufacturing competitiveness in the global economy.
Nosbusch also called for a renewed U.S. industrial policy that includes federal stimulus, and research and development on industrial automation and information technology to keep U.S. manufacturing competitive globally.
Nosbusch cited research that shows most Americans believe that highly automated, modern factories are important to grow the U.S. economy. A majority of Americans said the government should provide incentives for companies to invest in advanced technology to improve U.S. manufacturing.
Benefits quantified; R&D for manufacturing is below 1970 levels, he says
"A $50 billion investment in retooling factories would create 250,000 direct manufacturing jobs in the U.S., support an additional 725,000 indirect jobs, and generate up to $120 billion in revenue resulting from increased demand for products," said Nosbusch, citing a study by the Apollo Group, a business-labor coalition focused on job creation.
Nosbusch called for the Obama administration to double research and development for manufacturing innovation to bring it back to 1970s funding levels. "If you really want to invest in long-term, high-quality job creation, you have to invest in innovation," he said.
"We also need an education system that will train workers to operate these smart factories and produce engineers who develop innovative manufacturing solutions for the future," he emphasized. "This needs to start with a better pre-school to college STEM (science, technology, engineering and mathematics) talent-development pipeline."
Rockwell Automation Inc. says it is the world's largest company dedicated to industrial automation and information , making its customers more productive and the world more sustainable.
Also read from MBT: 5 ways manufacturers can drive productivity, energy efficiency .
- Edited by Mark T. Hoske, electronic product editor, MBT www.mbtmag.com
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2012 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.