The IndustryWeek 50 Best U.S. Manufacturers is IW's exclusive annual ranking of America's top-performing public manufacturers. IW compiles the list by ranking the IW U.S. 500 companies based on their financial performance in six key areas over a three-year period. This includes inventory turns, profit margin, asset turns, return on assets, return on equity, and revenue growth. The most recent year accounts for 50% of the calculation, while 2012 is weighted at 30% and 2011 contributes 20%.
Along with engineering programs, the foundation funds skilled trades and robotics programs “as these are becoming increasingly important in the automotive and technology industries,” said Denso executive vice president Mike Brackett.
The Smart Manufacturing Innovation Institute will also launch five regional manufacturing centers, each anchored by an academic institution and focused on local technology transfer and workforce development.
Small to medium-sized companies ranging from an environmentally friendly coatings manufacturer to a maker of high-performance nano-titanium are the recipients of loans and expert support from the Adopt a City program.