Kinda Younes Executive Director, ITAC.

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Presentation transcript:

Kinda Younes Executive Director, ITAC

ITAC Manufacturing Extension Partnership ITAC works with manufacturers throughout New York City’s five boroughs to help them grow their top and bottom lines. With its 30-year record of helping companies succeed, ITAC’s  team has a deep understanding of opportunities and challenges that are unique to New York City manufacturers. ITAC is the NYC chapter of the New York Manufacturing Extension Partnership network. ITAC works with NYC manufacturers to help them: introduce new technologies develop their customer base expand into new markets create innovative products find new partners improve their processes develop sustainable practices

“New York’s competitive advantage in manufacturing today—and its best hope for growth in the future—is undoubtedly with small firms that […] take advantage of modern production processes.” — Making it Here / The Future of Manufacturing in NYC (Center for an Urban Future, 2016) Focusing on Three Key Areas of Advanced Manufacturing: • Advanced Materials • Digital Manufacturing • Robotics

In 2016, ITAC served over 400 NYC manufacturers.

The Lobster Place (TLP) Family-run seafood processing business serving wholesale and retail customers in the Tri-State area Over the last five years, ITAC has worked with TLP on initiatives aimed at transforming the company: strategic advising, recruitment, HACCP and marketing ITAC recently assisted in TLP’s facility relocation through its proven GrowSMART methodology for project planning and management to: Decide whether to proceed with the relocation “Right-size” their organization Define facility requirements and plan layout Select financing options Investigate city/state/federal incentive programs Search and select a facility Design and build Manage and control their inventory Plan, move and occupy On their more recent survey, TLP reported $2M in increased sales, $7.7M in plant & equipment new investments + 5 new jobs in 2016 thanks to their work with ITAC