State more innovative, worker-focused, report card says

Published on Monday, 26 June 2017 21:49
Written by Angie DeRosa

Staff Writer

The quality of Connecticut’s manufacturing has made some improvements, according to the 2017 Manufacturing & Logistics Report Card.

The report ranks each state in several areas that underline the success of manufacturing and logistics. Ball State’s Center for Business and Economic Research (CBER) for Conexus Indiana, an initiative focused on advanced manufacturing and logistics, puts it together each year.

Connecticut received higher scores in Human Capital (C to B-), Worker Benefit Costs (F to C-), Expected Liability Gap (D- to D) and Productivity and Innovation (B- to B+).

Its scores for Manufacturing Industry Health remained at C+ and Tax Climate at D.

The state can improve on Logistics Industry Health, which fell from a D+ to D, Global Reach went from B+ to B- and Sector Diversification went from D to D-.

The manufacturing industry makes up 8.1 percent of Connecticut’s economy. According to the Bureau of Economic Analysis, earnings from manufacturing in the state total $16,591,678,000, compared to the total personal income at $203,03,411.00.

To promote manufacturers in the state, U.S. Senator Chris Murphy spotlights a company each week as part of “Murphy’s Monday Manufacturer.”

Murphy announced Monday June 26 that this week’s pick goes to Noujaim Tool Company, Inc. of Waterbury.

Noujaim Tool is a family-operated tool and die manufacturer that was founded in 1985 out of a small garage.

Today the manufacturer operates out of a 17,000 square foot facility with the help of 34 Connecticut employees.

The company is a supplier for Electric Boat and works closely with the WF Kaynor Technical School in Waterbury to help students launch careers in manufacturing. It also offers training and apprenticeship programs to help both current workers and potential new hires gain new skills.

The company plans to grow their business and expand into the 7,400 square foot building located next door to their current facility. Last year, it raised more than $6,000 for the United Way of Greater Waterbury.

Selim Noujaim, executive vice president of Noujaim Tool, said, “The Noujaim family along with the Associates of Noujaim Tool Company are privileged to be highlighted by Senator Murphy. As immigrants from our native country of Lebanon, we are living the American dream by working hard and by seizing the opportunities, which are offered by our wonderful country and our state of Connecticut. America is the land of opportunity, thus we are privileged to live here, work here, raise our families and spread wealth to our communities.

 



Posted in The Bristol Press, General News, Manufacturing on Monday, 26 June 2017 21:49. Updated: Monday, 26 June 2017 21:51.