Taking Innovative Casting Technology To Your Bottom Line
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Monthly archive for September 2010

Governments – Stop Trying to Pick the Winners. Give Manufacturers a Stable Foundation.

“Geoff Forester photograph, courtesy of the New Hampshire Community Loan Fund”.

Have you noticed the recent headlines on manufacturing? President Obama has  been all over the Midwest, touting the latest  high tech industrial start up. Senators and congressmen are becoming outspoken advocates for revitalizing our manufacturing sector. State and local governments are falling all over themselves offering  incentives for companies to relocate to their particular area. Everyone wants to get in on the high tech or green bandwagon. Government officials love all this stuff. It makes great press. Unfortunately, it’s not great  industrial policy.

Other than support for basic and applied research, governments have a terrible record in picking market viable technologies to support. These decisions are influenced by political winds that usually overlook the defining economics of an industry. Let the markets take the risk, not the taxpayer.

Some will argue that start ups are the source of most of the new jobs and that we need to support start ups to get out of the recession. However, a company that is already established and has a marketable product can add jobs much more efficiently if there is a place in the market for their increased output or new products. Indeed, conflicting analysis of Census data makes it easy to support either side of the argument about which firms create jobs – start ups or existing companies.

In the August 23 & 30, 2010 issue of  Newsweek , an essay by three authors from McKinsey concludes that instead of trying to pick winners, government should focus on getting the basics right – stable laws and legal systems, efficient infrastructures,  strong competition within sectors (no subsidies), transparency in regulated sectors, and providing workers with on-going education and skills needed for the 21st century.

Instead of a local official having a press conferences with a high tech entrepreneur who will create four or five jobs in the next year with his $1 million government grant, how about a press conference with a company that can create four or five jobs this month with a stable business environment and a $10 thousand training grant. It’s not as sexy, but it’s a lot more effective.

Graphicast Featured in September Issue of Machine Design

“Geoff Forester photograph, courtesy of the New Hampshire Community Loan Fund”.

Graphicast was the subject of a feature article in the September 9, 2010 issue of Machine Design magazine. The article focuses on how a Graphicast customer solved a product introduction  timing problem by working with Graphicast to get his parts manufactured and delivered on time and within budget. You can explore how we work with customers in developing projects through a short video on New Product Development.

Graphicast to Exhibit in Fall Trade Shows

Graphicast will again be actively participating in fall trade shows aimed at matching buyers and contract manufacturers. We will be at the Design to Part exhibits in Secaucus, NJ on September 28 and 29, and in Marlborough, MA on November 3 and 4. We will also have a new booth this year, highlighting the various stages of the design and production cycle and how we can help you meet your needs of quality, delivery, and costs. We look forward to seeing you. Bring you ideas, drawings, or prototypes.

Taking Innovative Casting Technology to Your Bottom Line™

Graphicast Inc.

PO Box 430 36 Knight Street,
Jaffrey, NH 03452
phone: 603-532-4481
fax: 603-532-4261