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ISM survey also reports capital expenditure will grow 14.5% next year Click to continue
Quick Manufacturing News
More than three quarters of those polled (76%) said that traceability is a priority for their companies, yet only 19% said it was their top priority, according to the survey conducted at the International Food Distributors Association's annual conference. More than half (57%) of the respondents said that cutting costs is their top priority over the next 12 months. Click to continue
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In recent years, the American workplace has been infused with unprecedented levels of hostility, largely due to the deterioration of supervisor-subordinate trust, according to Florida State University researchers. Click to continue
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The economy is forecast to grow by 3.6% this year, which would mark the highest annual rate since German reunification in 1990. Click to continue
10 HOLIDAY ID PROTECTION TIPS
Zions Bank
Here are 10 tips from cybersecurity experts about how not to put your identity at risk this seasonMore...
RENEWABLE ENERGY SUMMIT MATERIALS AND PRESENTATIONS AVAILABLE
Governor’s Office of Economic DevelopmentIn case you missed the Renewable Energy Summit last month sponsored by GOED, here is a link to the materials and presentations, including power point presentations, from that well-attended summit at SLCC. http://business.utah.gov/energy-summit/
UTAH'S INDUSTRIAL REAL ESTATE MARKET SHOWS STRONG SIGNS IN 2010
UB DailyUtah’s industrial real estate market for 2010 to date has experienced strong activity, sparked in part by new businesses moving into the state. However, demand for industrial space appears to be trending toward newer and larger-size buildings, especially those over 100,000 square feet.
That’s the conclusion reached by NAI Utah Industrial Sales & Department Group Leader Jim Sheldon.
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Today in Manufacturing
Applications for unemployment benefits dropped last week to the second-lowest level this year, fresh evidence that companies are cutting fewer jobs ... continue
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However the 40% that stated they'd experienced disruptions is a significant drop from the previous quarter (51%). Click to continue
UTAH COLLEGE OF APPLIED TECHNOLOGY PROVIDED TRAINING RESOURCES TO 1,283 UTAH COMPANIES IN PAST YEAR
Custom Fit program keeps companies competitive during economic down timesUCAT
In 2010, 16,968 people throughout Utah received custom, state-of-the-art training through Custom Fit — a dynamic partnership between the Utah College of Applied Technology (UCAT) and local businesses. Funded through the Utah State Legislature since its inception 25 years ago, the program is seen as investment in Utah’s economy and workforce development.
Last year, the program helped provide training to 1,283 companies including Fresenius Medical Care, Procter & Gamble, Viracon, JD Machine, Uintah Basin Medical Center, Carlisle-Syntec and Energy Solutions. The customized training is available to large and small businesses alike and can be conducted on-site or at any of UCAT’s eight campuses and affiliated institutions statewide from Logan to St. George.
“UCAT does what employers need — it’s at the core of our mission,” said UCAT President Rob Brems. “Custom Fit is helping hundreds of businesses give Utah a competitive edge for today’s global marketplace. Our applied technology college campuses are ready and proud to respond quickly to company training needs.”
The varied training programs have ranged from health care and oil/gas exploration to manufacturing and the food/services industry.
The funds for Custom Fit are appropriated by the Utah State Legislature and allocated by the UCAT Board of Trustees. Companies utilizing Custom Fit training must provide a financial contribution of at least 40 percent of the direct training costs, unless otherwise approved.
New and ongoing training can often be one of the first budget items a company will cut during times of economic difficulty. However, the Custom Fit program enables companies to stay competitive by offering training to new employees or upgrading skills while not having to bear the full brunt of the costs.
State Custom Fit Co-Chairs Kelle Stephens and Dana Slaughter agree that the Custom Fit program strengthens Utah’s economic base. “Custom Fit is really an investment in Utah’s economy. It pays dividends to individuals, to companies and to communities,” said Stephens.
In 2010, the appropriated budget for Custom Fit statewide was $3,286,900, with company contributions of $1,917,404.
Custom Fit training is provided through each of UCAT’s campuses:
Bridgerland Applied Technology College (Logan)
Davis Applied Technology College (Kaysville)
Dixie Applied Technology College (St. George)
Mountainland Applied Technology College (Provo)
Ogden-Weber Applied Technology College (Ogden)
Southwestern Applied Technology College (Cedar City)
Tooele Applied Technology College (Tooele)
Uintah Basin Applied Technology College (Roosevelt)
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