Southern California small to medium-size manufacturers assisted by CMTC reported an overall $248 million increase in sales. These increases were a result of implementing changes recommended through consulting services provided by the California Manufacturing Technology Consulting™ under the Federal Manufacturing Extension Partnership (MEP) program. When including the sales impact due to needed beneficial improvements, an additional $384 million in retained sales was noted, for a combined total of $632 million. An independent 3rd party (Synovate) compiled the results in a survey between September 2007 and August 2008.
The survey results are from over 500 companies receiving services and show an encouraging picture of California manufacturers’ ability to be successful:
* $632 million increased and retained sales
* $132 million in cost savings
* $91 million invested in plant and equipment
* 5,396 created and retained jobs
“Southern California manufacturers are benefiting from willingness to face competition and embrace new production and management strategies designed to boost competitiveness and improve their bottom-line,” said David Braunstein, President and CEO of CMTC. “This allows many of these manufacturers to remain in business in California and provide high-paying manufacturing jobs.” The companies that CMTC works with are committed to improving their businesses and are investing in change to meet the ongoing challenges of global competition.
The impact data was compiled by the market research firm Synovate for the National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP). CMTC is an affiliate of NIST MEP, a network of more than 60 centers across the country that provide assistance to manufacturers.
CMTC serves small to mid-size manufacturers to help them become more competitive by providing consulting services in the areas of Strategic Business, Lean Manufacturing, Information Technology, Energy Savings Services, Quality Improvement, and Supply Chain Management.
ABOUT CALIFORNIA MANUFACTURING TECHNOLOGY CONSULTING
A private, nonprofit corporation, CMTC was established in 1992 to provide high value consulting services to California’s high tech and traditional small and medium-size manufacturers to increase their competitive advantage through improved methods of management and manufacturing. Today, through its regional teams, CMTC provides consulting services in the practice areas of Strategic Business, Lean Enterprise, Information Technology, Energy Services, Quality, Distribution and Supply Chain Management. CMTC’s regional teams cover Los Angeles, the Inland Empire, Orange County, Ventura/Santa Barbara County, the San Fernando/San Gabriel Valley, the San Joaquin Valley and San Diego/Imperial County. For more information, visit www.cmtc.com.
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