Since January 2001, the manufacturing sector lost 33% of its job base, down from 1.86 million jobs in 2001 to 1.237 million jobs in 2019. In 2010, the manufacturing sector began adding employment, regaining 7,900 jobs. California exports have also increased \u2014 up from $104 billion of manufactured goods in 2009 to $124 billion in 2010.<\/p>\n
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A 2011 report<\/a> by the Center for Applied Competitive Technologies (CACT) at El Camino College and the Center Of Excellence (COE) of the Los Rios Community College District identified the following 17 cluster industries in California:<\/p>\n \u00a0<\/b>The report states, \u201cWith the exception of food manufacturing, biotechnology, dental equipment, and petroleum, nearly every manufacturing cluster in California has shed jobs over the last five years [2006-2011.] Building materials lost the most jobs with a decline of 32%, followed by printing (22%), and computers\/electronics (10%).\u201d<\/p>\n Challenges <\/b><\/p>\n The report states that the \u201cmanufacturing sector must address a variety of challenges, from navigating a complex regulatory environment to developing strategies to compete with low cost economics. There are a number of factors that have inhibited the manufacturing sector\u2019s ability to compete locally and internationally.\u201d Some of these challenges are:<\/p>\n Opportunities<\/b><\/p>\n Competition from low-cost economies, such as China, India, Singapore, South Korea, Thailand, and Vietnam, is one of the major challenges faced by the manufacturing sector. However, the total cost of outsourcing to other countries is often miscalculated. According to the Reshore Initiative,<\/a> the true cost of manufacturing outside of the United States does not include costs associated with:<\/p>\n Further, in the last few years many countries have started to raise their prices to adjust for increases in wages and higher transportation\/fuel expenses. By examining the total cost of outsourcing, the Reshore Initiative argues that hiring local production firms is just as price sensitive as hiring firms from low-cost economies. Also, there are several benefits to working local, such as:<\/p>\n As this viewpoint has gained popularity, it has started to shift production back to the United States, creating jobs and wealth in the process. By 2013, the Reshoring Initiative estimated that about 80,000 jobs returned to the United States through reshoring, about 15% of the nationwide increase of 526,000 manufacturing jobs since 2010.<\/p>\n If you are in the southern California region, you can find out more about how we can help the manufacturing industry thrive in California by attending the “Manufacturing in the Golden State \u2013 Making California Thrive” economic summit on Wednesday, March 19, 2014, 9:30 AM \u2013 1:30 PM.<\/b><\/p>\n This leadership summit will explore how to grow manufacturing jobs and businesses in California. National experts and local business owners will present the best solutions to help craft a successful growth strategy.\u00a0 <\/b><\/p>\n Where:\u00a0 <\/b>Brea Community Center, 1 Civic Center Circle, Brea, CA 92821<\/p>\n Keynote Speaker:\u00a0 \u00a0<\/b>Dan DiMicco, Chairman Emeritus, Nucor Steel Corporation<\/p>\n Speakers\/Topics:<\/b><\/p>\n * Dr. Greg Autry – Senior Economist, Coalition for a Prosperous America; Adjunct Professor of Entrepreneurship, Marshall School of Business, University of Southern California (Trade Reform) Panel of local business leaders (partial listing): <\/b><\/p>\n * Michele Nash-Hoff – Chair, Coalition for a Prosperous America CA Chapter; President, ElectroFab Sales (Overview of California Manufacturing)<\/p>\n *Dana Mitchell, Advanced Mold Technology Inc. Presented by:<\/b>\u00a0 Senator Mark Wyland, in partnership with the Coalition for a Prosperous America and other regional businesses and associations.<\/p>\n Cost: <\/b>Early Bird Rate<\/i> $25 through March 5, 2014; $35 thereafter (Includes light breakfast and full lunch)<\/p>\n \u00a0Sponsors<\/b>: <\/b><\/p>\n City of Brea<\/p>\n ATE Corporation (ATEC)<\/p>\n California Manufacturing Technology Consulting<\/p>\n Industrial Metal Supply Company<\/p>\n Event partners<\/b> Brea Chamber of Commerce<\/p>\n Corona Chamber of Commerce Fountain Valley Chamber of Commerce<\/p>\n Fullerton Chamber of Commerce La Habra Chamber Orange County Hispanic Chamber of Commerce Register today for this important event.<\/b><\/a><\/p>\n For more information, or if you are unable to pay online, contact Sara Haimowitz (202-688-5145, sara@prosperousamerica.org<\/a>).<\/p>\n\n
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\n* Pat Choate – Economist; Author, “Saving Capitalism: Keeping America Strong” (Manufacturing Strategy)
\n* Mike Dolan – Legislative Representative, International Brotherhood of Teamsters (Currency Manipulation) (invited)
\n* Michael Stumo – CEO, Coalition for a Prosperous America (Tax Reform)<\/p>\n
\n* Nick Ventura – Co Founder, Venley by Youth Monument<\/p>\n
\nAPICS \u2013 Orange County Chapter<\/p>\n
\nCypress Chamber of Commerce<\/p>\n
\nGarden Grove Chamber of Commerce
\nGlobal Innovative Systems<\/p>\n
\nPlanetTogether<\/p>\n
\nOrange County SBDC
\nRiverside County Manufacturers & Exporters Association
\nWest Orange County Regional Chamber
\nYorba Linda Chamber of Commerce<\/p>\n