Today, October 5th, we are celebrating Manufacturing Day. This day addresses common misperceptions about manufacturing by giving manufacturers an opportunity to open their doors and show, in a coordinated effort, what manufacturing is — and what it isn’t.
Long-gone are the days of Henry Ford’s Model T plants with their sprawling assembly lines. Today, manufacturing in the U.S is a high-tech, highly competitive industry. Manufacturing is key to the U.S economy and a driver of job creation for millions: according to the Bureau of Labor Statistics, there are about 12.7 million manufacturing workers in the U.S. These men and women help drive the economy by supporting countless supply chains and logistics networks — simply put, without them America would not be what it is today.
Though there was a time recently in which a lot of manufacturing was outsourced to Asia and other markets overseas, the rising cost of foreign labor thanks to recent tariff policy has driven manufacturing back to the U.S. This is especially good news for the thousands of manufacturers that fall under the category of small businesses. In fact, according to the National Association of Manufacturers, of the 251,857 manufacturing businesses surveyed in 2013, all but 3,702 were considered to be small with less than 500 employees.
Today, American manufacturing businesses big and small are a part of one of the most technologically inventive industries in the world: American manufacturing is known for its creativity, efficiency, and overall contribution to the worldwide manufacturing industry. Far from crumbling factories with rusted machinery, American manufacturing facilities are high-tech labyrinths of innovation and ingenuity. Today we celebrate the men and women who fuel the American economy and the supply chains of some of the world’s most successful companies.