Manufacturing to Bounce Back in Near Future

To say that the US economy is dependent on manufacturing is an understatement. Millions of jobs were lost during the most recent recession. The state of the union is filled with optimism as every business sector is looking ahead to see if the economy can sustain steady progress.

Ball State University has recently conducted a study that reports a ranking of the 50 states based on economic position for the best turn-around in the manufacturing sector. The study reveals that the Sun Belt States seem to be in best position for a quick recovery. Due to low taxes while maintaining government spending for public services, a few states have laid out the ground work for manufacturing companies to flourish.

While this recovery is gaining momentum, FARO will be key in supporting the manufacturing sector. All of our products allow companies to operate leaner and more efficiently. The mission behind our products is to reduce scrap, decrease work stoppages and increase productivity. The FARO Laser Scanner Photon, for example, scans large scaled objects in half the time compared to traditional methods. Architects, project managers and designers spend less time in the field and more time innovating structural procedures.

To read the full article by Ball State University titled “Report: Nation’s Manufacturing Sector to Bounce Back in 2011–2012” click HERE.