Center for Industrial Research and Service www.ciras.iastate.edu Mark Reinig Economic Development Program Manager.

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Presentation transcript:

Center for Industrial Research and Service Mark Reinig Economic Development Program Manager

Mission – To enhance the performance of Iowa industry through education and technology based services Center for Industrial Research and Service

Manufacturing in Iowa

The set of activities that transform agricultural and mineral resources into finished goods. Manufacturing

Manufacturing, Mining, Construction, and Agriculture are the only industries that create wealth… All others redistribute the results. It has been stated that…

Importance of Manufacturing to Iowa 6,100 manufacturing firms $23.2 billion of the Gross State Product (GSP)

Iowa Gross State Product

Manufacturing Fraction of GSP 1Indiana28.4% 2Iowa21.0% 3Wisconsin20.7% 4North Carolina19.8% 5Kentucky19.8% 6Ohio19.7% 7Arkansas19.6% 8Michigan19.4% 9Oregon18.8% 10Tennessee18.3%

Iowa GSP by Mfg. Sector

National Comparison

Iowa Employment by Sector

Company Size

230,000 Manufacturing Jobs

Fraction of Jobs in Manufacturing

Average Manufacturing Earnings

Dependence on Mfg. Earnings

EDA University Center

Enhance the competitive strength of existing rural companies, assist developing companies, and ensure that the investment being made by EDA, Iowa, and Iowa companies is most effectively leveraged. Mission

Center History CIRAS founded in 1963 Iowa EDA University Center founded in 1981 First decade – Productivity & management assistance Past decade – Engineering design & testing Next decade – Expand range of services, increase partnering, focus assistance

Economic Assessment Conduct initial assessment –Basic county economies –Detailed regional economy Analyze key trends and transformations Identify trends in industrial strengths and weaknesses Categorize the region’s industrial structure in light of the state’s targeted industries

Economic Gardening for Coaching Manufacturing Supplier Networks

Identify Regional Manufacturing Economic Area Determine Size of Region Conduct Initial Assessment

Establish Base of Manufacturers Harris Directory On the Ground Research Other Resources

Develop Supplier/Customer List Survey Identified Manufacturers Create Database Interactive Website Development

Implementation Website Becomes Operational Training/Familiarization/Input Regional Purchasing Updates Manufacturer’s Roundtable

Center for Industrial Research and Service Where you find solutions

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