Weekly Wrap Up For February 26th, 2021

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Join John Kennedy, CEO of NJMEP and Ethan Karp, CEO of MAGNET as they discuss the iteration program that MAGNET has implemented to assist startup manufacturers.

chip shortageAmid Shortage, AMD, Intel Push Biden Admin to Invest in Chip Manufacturing

Currently, industries from consumer electronics to automotive are starting to feel the impacts of the shortage of semiconductor chips. These vital chips, many of which are produced overseas, have seen limited production in the past year due to Covid-19. Now, as industries begin to revamp production capabilities, top tech executives are trying to get the Biden administration to take advantage of this growing need for chips. (Read More)

USMCAUSMCA Could Mean More American-Built Cars in the Future

Last year, the new USMCA trade deal to replace the North American Free Trade Agreement was ratified and included new provisions regarding auto manufacturing. As part of the new agreement, 75% of auto parts must be made in North America within a certain time frame to be exempt from import tariffs, with 40% to 45% of said parts needing to be made by workers who make $16 or more an hour. While some critics believe the agreement will drive out auto manufacturing, others believe it could boost the industry in the United States. (Read More)

jobsohioOhio Nonprofit Awards $400,000 Grant to Burrows Packaging for Local Investments

On Wednesday, Ohio-based private nonprofit JobsOhio announced that they would be awarding Burrows Packaging with a $400,000 grant to help the company invest in new machinery, equipment, and other infrastructure. Burrows, which is a Novolex brand, plans to use the grant as part of their strategy to grow two of their food packaging plants located in Ohio. The facilities are home to more than 300 employees. (Read More)

Manufacturing is an amazing career choice and people seem not to understand that they can have a wonderful life taking up a career in this industry. Our guest today is passionate about informing kids and their parents that just because you go into a trade and start working right out of high school, does not mean that you lose the opportunity to go to college. More often than not, employers like herself want to invest in their employees and companies. Today, we welcome to the show, Kristin Carlson, who is President of Peerless Precision, Inc. in Westfield, Massachusetts. Peerless is a small, precision machine shop specializing in the manufacturing of complex mechanical components, mainly for the aerospace and defense industries. Kristin is the previous president of the Western Massachusetts chapter of the National Tooling and Machining Association. She also currently serves as trustee, a member of the board, and sits on advisory/steering committees for Westfield Technical Academy’s Manufacturing Program, West Springfield High School’s Pathways to Prosperity Program, Agawam High School’s Manufacturing Program, and Forge. Kristin has extensive experience in purchasing, sales, supply chain management, and operations management. She is extremely passionate when it comes to changing the outdated narrative that encompasses manufacturing, bringing more women into manufacturing, and educating students on the many career paths and opportunities that are available in advanced manufacturing. Stay tuned for this insightful conversation as we hear all about it from Kristin herself in today’s episode.