Video: The state of manufacturing, part 2
Interviews with industry leaders look ahead to manufacturing in a post-recession environment. Part 2 looks at pricing pressures and improving U.S. competitiveness.
Last February, CFE Media talked to a group of automation and manufacturing industry leaders at the ARC Advisory Group World Industry Forum. The discussions focused on changing conditions for manufacturers moving through 2011.
Companies included in Part 2:
• Cardinal Ethanol;
• Emerson Process Management;
• General Electric Intelligent Platforms;
• Invensys Operations Management;
• Mitsubishi Electric Automation;
• Reichhold Chemical;
• Rockwell Automation;
• Schneider Electric; and
• Yokogawa.
The questions are:
Prices have been generally stable in the recession in the U.S. What’s the global perspective on prices in the near term, and what are the pressures on price?
If the U.S. is going to rebuild its manufacturing leadership, what does it need to do today?
Bob Vavra hosts the discussion.
View Part 1 of the state of manufacturing video.
View Parts 1 and 2 of the state of manufacturing video in higher resolution.
Peter Welander, pwelander(at)cfemedia.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.