There are some who believe that within the next 15 years about half of all US Manufacturing firms will close their doors! Currently, worker shortages are empowering existing workers to do some rethinking. They now have the opportunity to reconsider what jobs they want to do, where they want to live, and what industries they want to work in. Manufacturing appears to be at a disadvantage because many potential workers do not view manufacturing jobs as secure and stable compared to those in other industries. Finally, there is an acceleration to all things digital-Industry 4.0 that has the potential to leave many manufacturers behind because they are slow to invest in technology. To survive manufacturing companies need to move away from being consumers of talented workers and become better creators of manufacturing talent. [...]
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So far Charlie Walker has created 22 blog entries.
It was just last week that the Chippewa County Economic Development Corporation (CCEDC) teamed up with Workforce Resources and over 35 local companies throughout the Chippewa Valley to host an outdoor job fair. A major feedback that CCEDC received from companies that participated in the event was that they are still having difficulty finding workers-especially those who are eager to return to work. This lack of worker participation in the job market is now turning into a crisis which threatens the viability of hundreds of local businesses in the region. Many hiring companies believe that this shortage of workers is enhanced by current continued state & federal pandemic-related unemployment benefits being offered in Wisconsin. Typically, the state of Wisconsin requires persons seeking unemployment benefits to look for and complete (4) four unique work [...]
Chippewa County Economic Development Corporation (CCEDC) understands the impact that internet connectivity has on our local economy. Effective and affordable broadband access increases the growth potential of our local businesses by helping them access new markets. It is necessary for any precision agriculture operation. It is a catalyst for rural prosperity by connecting rural households, schools, and healthcare with each other. It also is a “must” if small communities are to attract new residents and talent. Today, one thing that was made abundantly clear by the 2020-21 pandemic is that it is even more necessary has because of the huge increase in demand for high-speed internet within the Chippewa Valley as businesses, education, healthcare, and workers transitioned to online services. Over the past several years CCEDC has worked with our local Telecom providers [...]
In commenting about the COVID 19 return of workers- Joseph Briggs, an economist at Goldman Sachs (GS), noted in a report to clients in December 2020 that “Young workers’ participation in the labor force has nearly fully recovered – likely reflecting both lower health risks from the virus and a decline in college enrollment – while the participation of older workers and women has recovered more slowly,” He estimates that there were some 830,000 “excess retirees” in October 2020, which represents about a quarter of the difference between the pre-pandemic workforce and the current workforce. Did you know that having a great Brand image helps in reducing hiring recruitment costs? There is no doubt that it is a highly competitive talent market. Local companies must always work to improve their "Employer Brand" [...]
Chippewa Falls, Wisconsin Company Nordson’s EDI- Celebrates 50 Years of Global Leadership & Innovation
Chippewa County’s Lake Wissota Business Park is now the home of Nordson EDI. What began in 1971 with a five-person machine shop in this small city of 14,000 is now Nordson Corporation’s global EDI® brand, recognized worldwide for advanced engineering and precision workmanship in the production of flat dies for film, sheet, and coating. Nordson acquired a company-Extrusion Dies Incorporated in 2012 and spent 2019 and 2020 consolidating their three EDI operations in Chippewa Falls into an extensive new modern manufacturing facility. In 2021, the EDI team celebrates its the 50th anniversary of the EDI business which began on February 15, 1971- the day of its founding. Nordson EDI has been a long-time supporter of the communities within the Chippewa Valley and of Chippewa County Economic Development Corporation (CCEDC) and their mission to [...]
One role CCEDC's plays in the field of economic development is that of location marketer for companies looking to expand their product production, improve their product supply chain, or re-shore within the Midwest United States. Reshoring is the practice of bringing manufacturing and services back to the U.S. from overseas. It is a fast and efficient way to strengthen the Western Wisconsin economy because it helps balance the trade and budget deficits, reduces unemployment by creating good, well-paying manufacturing jobs, and fosters a skilled workforce. Reshoring also benefits manufacturing companies by reducing the total cost of their products, improving balance sheets, and making product innovations more effective. Add to Reshoring President Biden is keen on "Made in America!" The Federal Trade Commission requires products advertised as “Made in USA” be “all or virtually [...]
Chippewa Valley, Wisconsin (December 7th, 2020)-Nestlé announced that it is investing $50 million to expand and modernize their Nestlé Health Science manufacturing site. Located in Eau Claire Wisconsin, the expansion will add another 70 new jobs to the Chippewa Valley area. According to a company press release, the new production lines are expected to be operational in early 2022. “This major investment will make the Eau Claire facility Nestlé’s largest Health Science manufacturing site,” Jean-Denis Fournier, vice president of technical and production for Nestlé Health Science USA, said. The Eau Claire facility and division of Nestlé creates nutrition products used by health care institutions, patients, and consumers. The plant’s current production lines include BOOST nutritional drinks, Gerber and Good Start baby formulas, and medical nutrition products under the names Peptamen and IMPACT. The [...]
Several Studies and the Center for Disease Control have found the rates of mental illness and suicide are higher among farmers There is no doubt that they work long hours, have limited social interaction and are at the mercy of many factors they cannot control like the weather and events like COVID-19. Add other concerns like alcohol abuse, depression, financial worries, and even trauma over having to euthanize livestock- to many farmers the situation might become unbearable to handle by themselves. Contacting the Farm Center at the Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP). Wisconsin has established a hotline that which helps farmers with financial, legal, and mental health concerns. The program also is getting usage from farmers that need help dealing with the effects of COVID-19. There is no doubt that [...]
Chippewa County Economic Development Corporation (CCEDC) was able to help celebrate alongside Wisconsin Economic Development Association (WEDA) as they recently presented Rep. Rob Summerfield 67th Assembly District (R-Bloomer) as a Champion of Economic Development for the 2019-20 session for his leadership on legislative initiatives to drive economic growth and prosperity in Wisconsin. The award is presented to state legislators who exemplify WEDA’s mission of promoting economic development and are committed to making Wisconsin a better place to live, work and do business through effective policies. Rep. Summerfield earned the “Champion of Economic Development” designation for his work on key legislation during the 2019-20 legislative session, which included Small Business Development, Tourism, and other various committees. This past session alone, Rep. Summerfield helped secure additional broadband grants for the Chippewa Valley; ushered through legislation to [...]