Chicago Manufacturing Index Rose to Seven-Month High in May
Gains in manufacturing, which makes up about 12 percent of the economy, have been supported by rising demand for durable goods such as automobiles, appliances and machinery. Faster improvement in the labor market will be needed to generate more wage growth and boost consumer purchases, which will in turn create more orders for factories.
A Sign of the Times: Google’s Motorola Plans to Shutter Manufacturing Plant in Texas
The plant’s closing follows sluggish sales for the high-end Moto X smartphone, which hampered Motorola’s ability to reach economies of scale, the company said. Costs for shipping parts and labor are lower at overseas operations. The manufacturer has more recently rolled out lower-cost handsets that target consumers in emerging markets.
Promoting New Manufacturing Act Language Passes Important Hurdle
The House Energy and Commerce Subcommittee on Energy and Power passed the discussion draft of the Promoting New Manufacturing Act on a bipartisan 14-8 vote. The bill seeks to improve the process of preconstruction air quality permits in the U.S. by addressing the need for expediting the process and providing greater transparency of the approval timeline by the Environmental Protection Agency (EPA).
Arrow International to Cease Manufacturing by 2017
Workers at the Arrow International plant in Asheboro have been told manufacturing operations will close there in three years, resulting in the layoff of over 600 people.
Manufacturing Company C. Cowles & Co. Bringing 200 Jobs to Connecticut
Cowles’ move from its Massachusetts headquarters to town will bring in about 200 jobs. About 100 jobs will be moved from New Haven and 60 jobs from Massachusetts.
Chinese Manufacturer Opens U.S. Operations in Pennsylvania
A Chinese plastics manufacturer will bring 75 new jobs to the Greater Lehigh Valley when it opens its first manufacturing plant in America in Upper Macungie Township. The company makes plastic cutlery, cups, plates, straws and other tableware items.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
