“Our findings from this year’s survey show cause for optimism, as Hoosier manufacturers continue to invest and grow,” said Mark Froehlich, associate professor of operations management at IU’s Kelley School of Business.
“But economic and public policy hurdles, plus our ongoing human capital challenges, mean that Indiana can’t take its position as the nation’s most manufacturing-intensive state for granted,” added Steven Jones, associate professor of finance at IU’s Kelley School of Business.
Froehlich and Jones went on to emphasize the need for continued focus on human capital and business climate to support the continued forward momentum in the manufacturing sector.
“While this year’s findings are a snapshot of attitudes and short-term reactions to the business cycle, it is the collective actions of employers, educators, economic developers and elected officials that will help determine the results of future surveys in years to come.”
The statewide study of employers in Indiana’s largest industry was commissioned by Katz, Sapper & Miller and developed in partnership with the IU Kelley School of Business - Indianapolis, Conexus Indiana and the Indiana Manufacturers Association.