Photo Credit - Tina Prigge Vagabond Creative Studio
The Northeast Wisconsin (NEW) Manufacturing Alliance has released its 15th annual Northeast Wisconsin Manufacturing Vitality Index Study, and things are looking good in that sector.
Jeff Berg, vice president operations at Voith US Inc. and chair of the NEW Manufacturing Alliance noted that the study finds “manufacturers expect increased sales and strong hiring in 2025…Nearly one out of two manufacturers plan to hire in the first quarter of 2025 in which the hardest roles to fill are machinist and general labor/production occupations.”
In total, 76 manufacturers participated in the survey conducted in fall 2024, answering questions related to financial health, business growth expansion, plant modernization, supply chain constraints, 2025 hiring intentions and potential skills shortages.
Additionally, the study found companies are having less issues with their supply chain in 2024.
The previous year found 98% of respondents stated that they experienced supply chain constraints, compared to this year’s study had 47% had a concern.
The full report can be found at NEWMFGAlliance.org.
