Talented, skilled workers are the lifeblood of the manufacturing industry, but for many businesses, employing staff with the relevant expertise has become an ever-present challenge. With almost 50% of engineering companies dealing with a lack of available relevant skills, the future growth potential for productivity and profitability is questionable.
The overall demand for manufactured goods is also increasing exponentially, further compounding the skills shortage. A recent report by the Association for Manufacturing Technology found that monthly orders for manufacturing technology in the US surpassed $500m in March 2022, 20.4% higher than in March of the previous year, meaning the skills gap is forecast to…
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