California Manufacturers Report $125M Sales from CMTC Services |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
California Manufacturing Technology Consulting (CMTC)
690 Knox St., Suite 200
Torrance, CA, 90502
USA
Press release date: October 1, 2009
TORRANCE, CA - Southern California's small to medium size manufacturer's receiving consulting services from California Manufacturing Technology Consulting(TM) (CMTC) reported an overall $125 million increase in sales. When including business improvements from CMTC services, which helped avoid losing business due to current economic conditions, an additional $557 million in retained sales was reported, for a combined total of $682 million. An independent 3rd party (Turner Marketing) compiled the results in a survey between October 2008 and September 2009 from 700 companies served.
The survey results show total job benefit to the economy, a strong reminder of manufacturers' multiplier importance in establishing middle class, high paying jobs. For the one year period, manufacturing improvements translated into:
4,006 created and retained manufacturing jobs 20,030 total created and retained manufacturing and supporting jobs
"During these difficult times, Southern California manufacturers are benefiting by embracing new production and management strategies. For the most part, Lean technologies and Quality techniques are being employed to reduce costs and improve customer service. A high percentage of these manufacturers will be more competitive as a result, remain in California and provide high-paying manufacturing jobs," said David Braunstein, President and CEO of CMTC.
The impact data was compiled by the market research firm Turner Marketing for the National Institute of Standards and Technology's (NIST) Hollings Manufacturing Extension Partnership (MEP). CMTC is an affiliate of NIST MEP, under the Federal Manufacturing Extension Partnership (MEP) program, a network of more than 60 centers across the country that provide assistance to manufacturers.
ABOUT CALIFORNIA MANUFACTURING TECHNOLOGY CONSULTING
A private, nonprofit corporation established in 1992, CMTC serves Los Angeles to San Diego/Imperial County. CMTC provides high value consulting services for improving management and production of high tech and traditional small and medium-size manufacturers. CMTC provides consulting services in the practice areas of Strategic Business, Lean Enterprise, Information Technology, Energy & GHG Emissions Reduction, Quality Improvement, Distribution and Supply Chain Management. For more information, visit www.cmtc.com
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