Machine Shop Growth Episode #6 : The Quiet Cut That’s Loudly Threatening Small Manufacturing (Featuring Making Chips)
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Apr 23, 2025 Discover the looming threat to Manufacturing Extension Partnership funding and its potential impact on small manufacturers. Hear personal anecdotes that highlight the vital role these programs play in boosting competitiveness. Explore economic effects like job creation and innovative solutions, including augmented reality technology. Learn about grant opportunities for manufacturers in Illinois and the community benefits of MEPs. This engaging discussion calls for unity and advocacy to ensure the future success of small manufacturing.
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MEP Program's Crucial Role
- The MEP program is a crucial public-private partnership that helps small manufacturers compete globally and grow.
- Its defunding threatens key benefits like training, technology adoption, and job creation for thousands of shops.
Mike's Million-Dollar MEP Impact
- Mike shared his shop's $1 million impact from Oklahoma MEP over eight years, including grants, training, and a robot automation project.
- These efforts led to new customer revenue, job creation, and upskilling of his team, showing tangible benefits.
Augmented Reality Boosts Sales
- Nick shared how IMEC helped his family business get a grant to develop an augmented reality conveyor configurator.
- This digital tool improved quoting accuracy and sales, directly benefiting manufacturers including Mike's shop.