the past few months, the Board of Directors and I have been working
with Laurie Allan, Principal of Laurie Allan & Associates, to
develop a strategic plan for the years 2019-2021. We examined the
existing RTMA Strategic Plan and made appropriate revisions, updates and
valued members should be aware of these goals and the direction the
RTMA is headed. Our new strategic plan, the RTMA 2019-2021 Vision, is
provided below for your review.
It is as follows:
2021, Rochester Technology & Manufacturing Association will be
the leading, value-creating organization for Technology and Advanced
Manufacturing in the nine-county, Greater Rochester-Finger Lakes Region
and beyond. Through increased organizational capability and capacity,
RTMA’s indispensable services will include:
The Recognized, Go-To Apprenticeship Program that is addressing the gap
in skilled trades talent by offering companies the “Best
Practice” approach to New York State Apprenticeship Programs
utilizing the intermediary approach for expert guidance and a
streamlined application process.
The Greater Rochester Pre-Apprenticeship Initiative that partners with
K-12, Continued Technical Education, community colleges, and employers
to increase the number of students/youth interested in apprenticeship
opportunities in Advanced Manufacturing careers.
Enhanced services and resources for our members, through customized
member programs and communications that help access business growth,
cost savings and innovation.
Leadership in advocacy for the Manufacturing Agenda, addressing both
issues and grants, fueled by a fully-engaged membership and broad
coalitions with our allies and collaborators.
An operationally excellent organization that fulfills its mission and
executes its programs and services with high levels of efficiency and
is experiencing the dynamics of change ranging from Industry 4.0 to
international trade policies. The RTMA is positioned to facilitate its
members success in adapting to these changes to improve competitive
advantage. Take advantage of this opportunity and engage the benefits,
services and value provided by your membership in the
RTMA KeyNote Address:
2019 Technology & manufacturing awards
RTMA is pleased to announce the 3rd Annual Technology &
Manufacturing Awards, which will be celebrated on Wednesday, October 16,
2019. This event is co-presented with our partners at the Rochester
Business Journal to recognize excellence, promote innovation, and honor
the organizations and individuals who lead the manufacturing industry in
industry has much to be proud of as leaders in workforce development,
catalysts of innovation, and trailblazers in global markets. To
recognize excellence in manufacturing, we have created TEN award
categories that shine a spotlight on the critical facets of our
industry. They include manufacturing innovation, workforce development,
growth in manufacturing, global advancement, powerful partnerships,
emerging leaders, exceptional executives. This year we will have a new
category highlighting apprenticeships.
your company for these awards is a fantastic way to recognize staff for
their hard work and accomplishments, and to celebrate the contributions
your company makes to our region.
We encourage all companies to submit nominations in relevant categories every year. Why submit every year?
1. Repeat distinction demonstrates your company's streak of excellence and continued advancement in the industry.
Annual recognition provides well-deserved acknowledgement that should
be included in marketing, hiring materials, and business development.
3.Yearly distinction is a badge of honor and positions your company as a leader in the industry and region.
Data shows 89% of manufacturers cannot fill job openings
WASHINGTON, MAY 23, 2019 PRNEWSWIRE
of American manufacturing companies are small businesses, and 75.3% of
those businesses have fewer than 20 employees, according to new data
gathered by SCORE, mentors to America's small businesses.
year, manufacturing businesses generated 11.6% of the U.S. economic
output and employed 8.5% of the U.S. workforce, but 89% of manufacturers
report that they cannot fill all job openings.
businesses drive the U.S. economy," said SCORE CEO Ken Yancey. "They
might be factories or bakeries, and they might utilize machine power or
hand-make their products, but what they have in common is that the vast
majority of manufacturers are small business owners."
What are manufacturing businesses?
businesses create products from raw materials or components, either by
machines or by hand. These goods are made in plants, factories, mills
and private homes.
manufacturing businesses (with fewer than 20 employees) comprise these
percentages of total employment for the following products:
22.9% of apparel
18.4% of furniture and related products
16.4% of fabricated metal products
15.2% of wood products
11.5% of beverage and tobacco products
8.6% of machinery
6.3% of food
5.6% of electrical equipment, appliances and components
5.3% of plastics and rubber products
5.1% of computers and electronic products
2.8% of paper
generated 11.6% of U.S. economic output and employed 8.5% of the
workforce. Yet, 89% of manufacturers have job openings they cannot fill.
Top reasons cited include:
Shifting skill sets due to advancing technologies
Misperceptions of manufacturing jobs
Retirement of baby boomers
Everyone’s winning the US-China trade war except the US and China
By TIM FERNHOLZ
MAY 29, 2019
tariffs imposed on goods traded between the United States and China are
re-shaping the global economy, but not the way the chief antagonist in
that battle, US president Donald Trump, has predicted.
trade with China has fallen slightly, the statistics also show that
imports to the United States from other developing economies are fast
increasing. In other words, the White House’s nationalist
trade policy is changing where the United States sources its imports,
not growing production at home.
has defined trade deficits as the key metric in this battle, though
economists would say that the balance of trade isn’t a useful
metric on its own. Thanks to the new taxes imposed by the Trump
administration on Americans who purchase Chinese goods, that metric has
fallen quite a bit—in March 2019, the United States imported
$20 billion more than it exported to China, the lowest deficit since
March 2014. Still, in the first quarter of 2019, the United States
purchased $80 billion more in goods and services from China than it
overall trade deficit hasn’t gone away, with US government
data from 2018 showing a record high US trade deficit of $891 billion.
The reason is simple—US businesses looking to import cheap
goods abroad are simply turning to different markets. One obvious choice
is Mexico, where the United States had a record high trade deficit in
March 2019, and from other advanced economies—imports from
Germany and Japan hit record-high levels in March as well.
the Council on Foreign Relations’ Brad Setser pointed out,
one of the biggest winners is Vietnam, which has seen its trade with the
United States increase dramatically. While some at the US Treasury are
examining the situation for signs that Vietnam is artificially devaluing
its currency to be more competitive in global markets, Setser concluded
that “the recent jump in its surplus (and the surplus of many
other East Asian economies) is almost certainly the consequence of
Trump’s tariffs on China.”
makes sense, considering the country’s recent development
trajectory as a kind of China in waiting, making everything from
furniture to consumer electronics. Some Chinese companies have simply
moved their factories into Vietnam in response to the new tariffs, while
its participation in the Trans-Pacific Partnership, a global free trade
deal, has integrated it more deeply into existing supply chains.
It’s a similar story with Malaysia, also a TPP member.
this suggests that the White House’s zero-sum approach to
global trade policy is changing the world—but not necessarily
to the benefit of the United States.
though, a looming escalation of the U.S.-China trade confrontation
could bring the world's Doomsday Clock one minute closer to midnight.
Tech cold war: how trump's assault on huawei is forcing the world to contemplate a digital iron curtain
By Meng Jing, Zen Soo
May 26, 2019
Chinese leadership is determined to avoid signing an “unequal
treaty” with the US, which would bring back more distant and
negative comparisons with treaties signed under imperial rule in the
19th century – such as the Treaty of Shimonoseki with Japan,
which ended the first Sino-Japanese war and saw Taiwan handed to the
innovation is the root of life for businesses,” Xi said on
May 22 during a visit to Jiangxi province, state-run news agency Xinhua
reported. “Only if we own our own intellectual property and
core technologies, can we then make products with core competitiveness
and [we] won’t be beaten in intensifying
have concluded that the real source of tension between the US and China
is not just a trade imbalance, but rather the issue of whether China
has the right to develop its own, home-grown hi-tech industry.
and the US could continue fighting for another 100 years, even if they
agree a current trade war truce, as the two countries compete in every
domain, from trade, military to technology,” said a former
tech official who served for several decades at China’s
Ministry of Science and Technology and who declined to be named.
Why Trump’s Huawei ban deals a harder blow than his tariffs
globalisation of the 1990s – something which Trump has railed
against as a destroyer of blue-collar US jobs – transformed
the world economy with interconnected supply chains aimed at maximising
efficiency. China and the US enjoyed a honeymoon period though, as
cooperation provided cheaper ‘Made-in-China’
products to US consumers and opened the huge Chinese market to US firms.
process also allowed China to train its local talent while quickly
adopting the latest US technologies to build up its domestic industries.
But this dynamic has changed from a win-win game to a zero-sum one in
the eyes of the US.
up to 2019 and China has rapidly narrowed its GDP gap with the US. In
terms of the share of global GDP, the gap between the two economies is
forecast to be only 5 percentage points in 2023, down from about 27
points in 2000, according to the International Monetary Fund last year.
has also been qualitative change. China, which not long ago was
labelled a ‘copycat nation’, recently announced its
ambition to lead the world in high-end manufacturing from electric
vehicles, aircraft to robotics, as part of its Made-in-China 2025 policy
plan. Artificial intelligence has become a key battleground.
‘Switch to Huawei!’: US ban could hurt Apple sales as Chinese show support
well as Huawei, China now has some of the biggest technology firms in
the world, such as internet giant Tencent Holdings and e-commerce leader
Alibaba Group Holding, both of which have built up powerful
China-centric platforms that cater to the country’s 1 billion
consumers without much reliance on US-made technology.
Alibaba is the owner of the South China Morning Post.
they are affected by an escalating tech war could depend, for example,
on whether online tools used by Chinese programmers and engineers to
write code are seen by the US as something that can be subject to export
The US government is reportedly looking to widen its trade ban to include companies such as surveillance camera giant Hikvision
facial recognition upstart Sensetime. Moreover, the wide reach of US
policy means that even non-US companies whose products contain more than
25 per cent of American-origin technology, can also be prevented from
supplying to the Chinese.
decoupling of supply chains is already happening, and will go
deeper,” said Paul Triolo, who served more than two decades in
US government, providing analytics support to senior policymakers on
China’s rise in science and technology before joining Eurasia
Group as head of global technology policy.
US government will continue to target Chinese companies that it sees as
a potential threat to national security, Triolo said. This also extends
to economic security, so the US will increasingly consider cutting off
access to US technology to companies and sectors which benefit from
Chinese state subsidies, such as semiconductor manufacturing.
the trade negotiations continue to stall and are not restarted, it is
more likely that China will take further measures to limit US tech
company operations in China, and then we will be in a race to the bottom
in terms of decoupling,” said Triolo.
Trade war and Huawei ban push China to rethink economic ties with US
tackle these headwinds, US companies in China are increasingly adopting
“In China, for China” strategies, localising
manufacturing and sourcing within China to mainly serve the China
market, according to a joint survey by AmCham China and AmCham Shanghai
this month. This contrasts with the “In China, for the
world” strategy that most MNCs pursued in the past, when
labour costs were low and setting up R&D facilities in the
country was never seen as a national security issue.
the meantime, China has been pushing private enterprise to accelerate
development of home-grown core technologies via subsidies and supportive
policies. Over the last four years, Huawei’s chip arm
HiSilicon has been manufacturing its own Kirin chips to boost
self-sufficiency in semiconductors, but even these efforts appear to
have been thwarted by the US ban.
of HiSilicon’s chip designs are licensed from ARM but the UK
chip designer this month said it would stop licensing its technology to
Huawei as its products contain “US origin
the software that is required for chip design is currently monopolised
by US companies. China relies largely on electronic design automation
(EDA) software from market leaders like Cadence and Synopsys –
both of which are US companies.
equipment in making good-quality semiconductors still places China
squarely in the global supply chain,” said Zhong Rui, program
assistant for the Kissinger Institute on China and the United States at
the Wilson Center, whose research focuses on how national interests can
impact business and technology policies.
Here’s why US doesn’t have a 5G telecoms giant like Huawei
be sure, China and the US are still largely interdependent. Although
smartphone giant Apple, for example, uses few Chinese components in an
iPhone, it still assembles the final device in Chinese factories. Should
the world move towards a true decoupling of the tech supply chain, it
will be a lose-lose situation for both countries given that technology
supply chains are so closely intertwined, analysts say.
two nations need each other too much. What we will probably see is a
decoupling in some sectors and with respect to some firms, and a much
higher degree of suspicion in other sectors,” said Henry
Farrell, professor of political science and international affairs at
George Washington University. “Geopolitics is becoming a new
form of risk for firms to manage.”
In China though, there is scepticism that a true digital iron curtain can be achieved.
is impossible for either China or the US to own all the core
technologies in the world,” said the retired official from
China’s Ministry of Science and Technology. “What
China really wants to achieve is to exchange agate with pearl.
It’s just at the moment, China’s home-grown tech is
not good enough to be called pearl.”
Trump's tariffs could fizzle fireworks, an american tradition that's 95% made in china
By Taylor Telford
May 24, 2019
escalating trade clash between the United States and China has sent
thousands of U.S. companies scrambling to determine whether they could
source goods from other countries to escape higher tariffs. But when
President Trump threatened to tag large penalties on $300 billion in
Chinese imports earlier this month, a sense of panic settled over the
fireworks industry. It had nowhere else to go.
virtually impossible for our product to be made anywhere else but in
China,” said Bruce Zoldan, the chief executive of Phantom
Fireworks in Youngstown, Ohio. “If these tariffs happen,
it’ll be the greatest threat to our industry.”
met with White House officials on Wednesday to press his case, and he
is working on a formal request to be delivered next month that he hopes
would exempt the fireworks industry from the penalties. A final decision
by the White House could come in late June, in the midst of the
fireworks industry’s busiest period.
several months of negotiations between the White House and Beijing that
left many believing a truce was within reach, a messy unraveling has
left many business executives wondering how to avoid collateral damage.
showdown with Beijing has nothing to do with fireworks, but they have
nonetheless been brought into the fray of the trade war and its headline
issues: trade imbalances, government subsidies, intellectual property
and global economic health. And while Trump has repeatedly suggested
that companies can sidestep the tariffs by moving manufacturing to the
United States, that is not an option for domestic fireworks sellers.
would take years to replicate the manufacturing base in another
country, and fireworks executives are extremely wary about major changes
that could upend safety protocols.
though shipments for this year’s Fourth of July celebrations
theoretically shouldn’t be affected by tariffs, vendors might
raise prices anyway, to start making up for what they’ll lose
once the taxes kick in. And come next summer, after years of
record-breaking sales, fireworks might suddenly be scarce.
have typically been the province of small businesses in the United
States, starting with Italian immigrants who brought the trade with
them. But regulatory shifts in the 1970s and ’80s all but
smothered domestic manufacturing just as demand began to spike, and the
businesses that had for generations passed down the craft of making
pyrotechnics were forced to primarily become importers.
of the 250 million pounds of fireworks that are imported to the United
States each year, nearly 95 percent come from China, according to the
American Pyrotechnics Association. Trump has not yet imposed tariffs on
fireworks, but they were recently added to a list of products that would
face a 25 percent penalty if China doesn’t reach a broader
deal with the White House soon. And if fireworks aren’t
removed from that list, executives said, their businesses will not be
able to absorb the costs.
if the industry can’t win an exemption before tariffs take
effect this summer, the levy will cut deeply into the revenue streams of
legions of small businesses, local economies, and the school groups and
nonprofits that rely on fireworks for fundraisers.
fireworks stands and tents you see in grocery store parking lots and on
the roadsides serve as fundraising opportunities for organizations like
school boosters, churches and veterans’
organizations,” the National Fireworks Association said in a
news release after the tariffs were announced. “With an unfair
tax that serves to raise the cost of firework devices so significantly,
we’re hurting the very organizations that make up the fabric
recent years, as states have loosened the regulatory tethers and
Chinese manufacturers have raised safety and production benchmarks,
fireworks sales have swelled. Americans spent nearly $900 million on
sparklers, roman candles and other glowing bursts in 2018 — a
more than 300 percent increase since 1998.
ever since Trump slapped tariffs on $50 billion in select Chinese goods
in July, the fireworks industry has waited warily for the second act.
Luck held until early May, when the president jolted the trade talks by
imposing 25 percent tariffs on $200 billion in Chinese goods. Beijing
retaliated with tariffs of its own, and Trump hit back by proposing
tariffs on all remaining Chinese imports.
Houser, secretary of the National Fireworks Association, said
he’s heard from many of the group’s 1,200 members,
who are frantically trying to understand what’s happening.
listen to the news and hear them say tariffs and they think the sky is
falling,” said Houser, who also owns and operates a wholesale
fireworks company called Red Rhino Fireworks in Missouri.
industry — including groups such as the National Fireworks
Association and the American Pyrotechnics Association — is now
mobilizing and hoping to finesse an exemption for fireworks before the
list of impacted imports is finalized and the tariffs take effect July
said that he tried to emphasize the economic impact of new tariffs when
he met with top White House officials this week. Though
“sympathetic” to his argument, he said, they
didn’t provide any answers. White House officials did not
respond to a request for comment.
just explained the future potential crisis in our industry,”
said Zoldan, 70, who has been in the business since he was a teen,
selling firecrackers to friends out of the back of his
mother’s Impala. “We help Americans celebrate
America’s birthday, and the majority of these people
aren’t those with a high income. If this fourth tranche
passes, those people will be hit hard.”
who has met with past White House occupants, said his customers include
both devout supporters of the president and those with the opposite
sentiment. He said fireworks cuts through politics and appeal to
everyone, but that higher costs due to tariffs could change the industry
and put many companies out of business.
American Pyrotechnics Association on Thursday filed a request to
testify during the U.S. trade representative’s public hearing
for the latest round of proposed tariffs on June 17.
proposed 25 percent tariff would cause severe economic harm to the
industry and municipalities nationwide would no longer be able to afford
an Independence Day fireworks display,” the APA wrote in the
began imposing tariffs on Chinese imports last year, and the economic
impact has been mixed. Some companies have worked to absorb the cost,
limiting the effect on consumers. But others have passed it along to
their customers, and Zoldan said fireworks margins are slim enough that
he predicted a similar result.
of the way these import penalties work, a typical small business
bringing in 10 shipping containers of consumer-grade fireworks would see
its tax jump from the $10,000 to $12,000 range to as much as $70,000,
said Stephen Pelkey, chief executive of Atlas PyroVision Entertainment
in Jaffrey, N.H.
across the ocean adds to the complexity because established companies
often place orders several years in advance, meaning they could find
themselves owing more than they anticipated or could afford. Even
passing most of the tariff on to customers probably wouldn’t
be enough to neutralize the damage, said Pelkey, who says he supplies
holiday fireworks to more than 300 New England communities.
average small business is going to see anywhere from $100,000 to
$250,000 in additional costs just to deal with current
inventories,” Pelkey said. “We’re not even
sure how we’re going to deal with it. Everyone is going to
feel this pain.”
will cripple those tiny companies,” said Julie Heckman,
executive director of the American Pyrotechnics Association.
not just small businesses that stand to lose. Come summertime, many
nonprofits, schools and churches briefly transform into fireworks
retailers to raise money for other ventures they might otherwise
struggle to afford: dances, uniforms, events, trips. For most of these
groups, the tariffs would eat into an essential revenue stream.
shows can also generate interest and maximize receipts at events that
might otherwise struggle to attract crowds — minor league
baseball games, county fairs, small-town celebrations. Each spring, the
Thunder Over Louisville fireworks show at the Kentucky Derby Festival
brings about half a million people to the city, according to Aimee Boyd,
vice president of communications for the festival. The show costs more
than $1 million to stage and pours more than $56 million into the local
is the largest event held in Louisville each year, not only because of
its attendance, but also through its impact on the local economy. For
every $1 spent, more than $22 is generated.” said Mike Berry,
president and chief executive of the Kentucky Derby Festival.
“Fans travel from all over to see Thunder. They’re
staying here for the weekend, eating at the local restaurants and buying
souvenirs. It all helps support the Louisville economy.”
Congratulations to the Democrat & Chronicle's 2019 Best Places to Work Winners!:
Optimax Systems, Inc.
The Bonadio Group
Flaherty Salmin CPAs
Freed Maxick CPAs
RTMA March Monthly Meeting
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