Manufacturers in northeastern Wisconsin are positive about industry’s potential for recovery
Despite troubles that have recently affected the manufacturing sector, in certain parts of the country, companies in this industry have managed to do well. Northeastern Wisconsin, in addition to the rest of the state, appears to be one of the areas where this is the case, according to the Green Bay Press-Gazette.
The news source reports that this development is positively affecting a number of companies in the state, some of which are, in turn, aiding manufacturing businesses in other parts of the U.S. For example, Northeast Wisconsin Industries, a company based in Sturgeon Bay, produces machinery and welded assemblies for other manufacturers, nearly 65 percent of which are located outside of Wisconsin.
Regarding more general trends in the state’s manufacturing, the six-month economic outlook for the state does not appear to be headed in any direction that is specifically positive or negative, according to the Department of Workforce Development. Jeff Sachse, a labor market analyst with this agency, stated that positive job growth may not be too far on the horizon.
“Five years from now, it may just be an issue of finding enough bodies to fill all the positions,” he told the news source.
According to the Bureau of Labor Statistics, a total of about 450,000 individuals were employed in manufacturing companies as of August 2011.