Wisconsin maintains logistics rating, drops in manufacturing
Wisconsin kept its “B” in logistics but dropped from a “B-plus” to a “B” in manufacturing, according to a new report from Ball State University.
The 2017 Manufacturing and Logistics Report Card, prepared by Ball State’s Center for Business and Economic Research for Conexus Indiana, the state’s advanced manufacturing initiative, shows how each state ranks among its peers in several areas of the economy that underlie the success of manufacturing and logistics. The report is in its 10th year.
Wisconsin also retained grades in human capital “B-plus,” and benefits costs “C-minus.” In addition to manufacturing, the state decreased its grades in global position (“B” to “C-plus”), productivity and innovation (“C” to “C-minus”), diversification (“B-minus” to “C-plus”) and expected fiscal liability (“A” to “B”). The grade improved in tax climate (“D” to “C-minus”).
CBER Director Michael Hicks, the George and Frances Ball distinguished professor of economics and business research, also explains why U.S. manufacturing and logistics industries experienced dramatic growth over the past generation with his report, “Manufacturing and Logistics: A Generation of Volatility & Growth.”
The study found that U.S. manufacturing production grew 11 percent since the dot-com bust (2000 to 2003) and the ensuing economic turbulence of the 2001 and 2007 to 2009 recessions.
“According to folklore, this has been a terrible generation for manufacturing and those who move goods,” Hicks said. “That isn’t really what the data says. Indeed, 2015 was a record manufacturing production year in inflation-adjusted dollars. While 2016 fell just short with some weakness in the first and second quarter, 2017 looks to be a new record year.”
Masters Gallery holds groundbreaking
Masters Gallery began construction of its new packaging and distribution facility in Oostburg.
The facility will allow the company to drive continued growth of its private label brand retail and food service cheese offerings sold throughout the country and will support the company’s original plant and corporate headquarters in Plymouth.
The Oostburg plant will be built on a nearly 40-acre parcel of land. Phase one of construction is expected to be roughly 150,000 square feet. The master site plan will accommodate two additional expansions for a total footprint of approximately 350,000 square feet.
The new production facility represents a significant investment in Sheboygan County and the surrounding community. Phase one, estimated at $30 million, is expected to result in roughly 120 new jobs over the next two to three years, while the master plan has the potential to create an additional 200 or more jobs. The company expects to occupy its new space in early 2018.
EMT International acquires German company
EMT International Inc. of Hobart has acquired ROTOCONTROL GMBH of Linau, Germany. EMT is a manufacturer of finishing equipment and web transports for the commercial digital printing market, and ROTOCONTROL manufactures label finishing equipment and holds a leading position in the European market.
The manufacturing of the ROTOCONTROL product line will be moved to EMT International’s facility in Hobart over the next six to nine months. ROTOCONTROL will maintain its sales, service, engineering and product development along with specialty equipment manufacturing at its facility in Germany. EMT expects sales, manufacturing and customer service positions to become available as work is transferred to its Hobart facility.