Maryland Manufacturing Strategic Plan

Maryland Manufacturing Strategic Plan - Presentation Transcript 1. Maryland Manufacturing in the Global Digital Economy Maryland Advisory tutelage on Manufacturing Competitiveness January 2007 2. Table of Contents o Executive Summary o Purpose and Overview: Manufacturing in Maryland o Advanced Technology Manufacturing o glob Overview and Benefits o Cluster Identification, Development, and Support o Recommendations and Next Steps o Appendix ? Current Situation of Marylands Manufacturing ? Competitive Advantages ? Challenges ? Cluster Background ? Cluster Classification ? Cluster Policies and Pitfalls 3. Executive Summary o Maryland manufacturing contributes significantly to the development of the knowledge economy in the global digital arena o Marylands manufacturing sector is being alter throughout the nominate; and although it appears to establish experienced a fond decline… ? The traditional manufacturing workforce in 2003 was 5.9% compared to more than 9% in primeval 1990s ? Gross State Product (GSP) link to traditional manufacturing was 7.

2% in 2001 compared to approximately 10% in early 1990s o …And despite a drop in the argument growth and GSP, the manufacturing sector has actually ? Steadily increased the total return since 1992 ? Created significant earnings and jobs in other sectors ? And provided a strong foundation for managing the global supply chain o In addition, traditional metrics and classification schema do not richly capture the full breadth of manufacturing and related capabilities in the state and across the globe o Research and analysis into the multiplier proceeding across the manufacturing sector in Maryland revealed that the following industries have traditionally provided the most economic value to the state ? Food and beverage manufacturing ? Printing and related support activities ? Transportation equipment manufacturing ? Chemical Manufacturing ? Furniture... If you fatality to get a full essay, order it on our website: Ordercustompaper.com

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