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Friday, January 04, 2008

Global Growth Strategies for Small-to-Mid Size Manufacturers

A report released by NAM, The Manufacturing Institute and RSM McGladrey, Inc., offers practical steps and strategies for small and medium manufacturers to optimize opportunities and minimize risks in today’s global value chain. These tips focus on four key areas: harnessing innovation; building a skilled workforce; exporting and overseas growth; and financing.

Manufacturers must collaborate closely with new domestic and overseas partners to survive and thrive in the global supply chain. In today’s economy, small and medium manufacturers are more than just suppliers. They are helping to create the new technologies, products, services and business models that are vital for success, both here and abroad. By connecting with outside resources – customers, government, academia – small and medium manufacturers can swiftly expand their core competencies and gain economies of scale,” said NAM president & CEO John Engler in a statement announcing the report.

You can link to the report from the media statement announcing its release.

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