Return to Growth Seen ahead for Manufacturing Sector, But Key Challenges Remain

Lexington, MA — October 16, 2009 — The manufacturing sector should see increased performance in 2010, but manufacturers will continue to be challenged by complex, global supply chains and more pressure for faster new product introductions, according to Stan Gwizdak, the new vice president for manufacturing at consulting firm Celerant.

Gwizdak, who has more than 20 years experience in the manufacturing sector, including roles ranging from new development engineer to manufacturing supervisor to CEO of manufacturing operations, sees several factors driving an uptick in manufacturing next year, including:

  • declining imports as companies review their supply chain strategies;
  • continued market consolidation and acquisition activity; and,
  • green products and companies in the solar, wind, and geothermal space.