Though uncertainties always exist, Gray Construction is optimistic about the future of the automotive industry and looks forward to opportunities the changing industry will provide.
Although the number of U.S. aerospace workers is shrinking, the skills need has increased, and a gap exists as older, experienced workers leave the labor force.
If current trends continue, a conservative estimate reveals there will be more than 1,000 announcements of aviation-related projects in the United States over the next decade. The best location decisions will be made by project teams that not only look at the current overall costs, but also have a deep understanding of hidden site development costs, in addition to the long-term political/financial stability that a region can provide.
With the auto industry in a cycle of growth, OEMs need to meet new industry standards while keeping costs in check; locating at a supplier park may help to achieve these goals.
Additive manufacturing is evolving from prototyping to diagnostic tools to the production of vehicle bodies, although it’s still not feasible for use on a large scale.
As older skilled workers retire and younger workers take their place in industries with constantly evolving technology, the boundaries between industry and academia have begun to blur.
A staff editor for Area Development recently interviewed Scott Livingston, the president and CEO of the Horst Engineering Family of Companies, a privately held contract manufacturer of precision-machined components and assemblies for aerospace and other high-technology industries which recently returned production to the U.S. from Mexico.
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