Strong Year Anticipated For Northeast Wisconsin Manufacturers

The Northeast Wisconsin Manufacturing Alliance announced results from its Northeast Wisconsin Manufacturing Vitality Index Study at its quarterly membership meeting at Fox Valley Technical College. The study provides an indication of the strength and vitality of manufacturing employers in the region. 

The study gathered information from presidents and CEOs of northeast Wisconsin manufacturing companies with at least $3 million in revenue and 25 or more employees. A total of 116 manufacturers participated in the survey conducted in fall 2023.

Ninety-eight percent of respondents projected their company’s financial health in the next six-12 months will be “healthy” or “quite healthy;” 60% expected an increase in sales in 2024; over half reported they are investing in plant modernization; and 20% said they planned to expand operations. In 2022, 98% of respondents stated they experienced supply chain constraints, compared to 61% in this year’s study.

Employees such as machinists, manufacturing operators, general labor/production workers, engineers, welders, industrial maintenance technicians, assemblers and skilled trades remain difficult to locate and are in high demand. 

Questions regarding the study can be directed to Ann Franz at 920.606.7691 or [email protected]. An executive summary of the study can be found at newmfgalliance.org.