Five Predictions For The Manufacturing Industry In 2021

Five Predictions For The Manufacturing Industry In 2021 Main Photo

7 Dec 2020


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There's no shortage of articles that will opine about how tumultuous 2020 was for the economy, jobs, and industry as the world grappled with the impact of COVID-19 on business and daily life. However, there's reason to be optimistic, especially in manufacturing.  

Despite 60% of manufacturers feeling the impact of COVID on operations, a recent survey of senior leaders of manufacturing and distribution companies noted significant or modest growth in company revenue during the pandemic. Demand for products is surging, requiring new and innovative production methods, and many manufacturers have stepped up to the plate. As we close out the year, we'll better understand just how much manufacturing changed in 2020. But economic uncertainty aside, the unprecedented supply chain disruptions of the year are a blessing in disguise for manufacturers, as they encouraged the often stagnant industry to move faster and become more resilient than ever before. If there were a year to push the industry forward towards progress, this was it. 

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Braven-Seljax

“In Spruce Grove we have everything in the way of retail businesses, excellent schools and first-class sport facilities all right here.” 

Braven Blackwell, President, Seljax

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AB-Precast

“Retaining long-term employees is key. It’s difficult to do, but we’ve done it in Spruce Grove.”

Jack Seguin, Owner, Alberta Precast Products

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Rik-Solare

“The City has the space we need—store frontage with lots of traffic and warehouse space.”

Rik Kaminsky, Co-Owner and CEO, Solaré Canada Inc.

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ACKT

“Locating in Spruce Grove is prime for us.  We need to be centrally located in the province to reach our customers and move our products.”  

Anthony Worbeck, Sales Director, ACKT Industries

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Thompson

“The feeling of home and family orientated culture has allowed us to retain our most valuable asset, our people.”

Neil Matheson, CFO, Thompson Construction Group

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CC

“We chose Spruce Grove because it had the best real estate prices in the area compared to other industrial parks.”

Tim Martin, General Manager, Cross Country Infrastructure Services Canada Inc.

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