How One Manufacturing Leader Closed the Skills Gap with Incredible Results

Many manufacturers are facing a common struggle: Their team members are retiring. Even worse, they’re struggling to replace them. Matt Carr—the President of Storch Products Co—found an ingenious way to solve the skills gap at his company by attracting talent from a local technical college. How? He shares a strategy that any manufacturing leader can adapt in this episode of MakingChips. After all, you need talent on your team to make chips!  Segments [2:45] The definitions of reshoring and Foreign Direct Investment (FDI) [5:14] Reshoring Initiative® IH2021 Data Report [8:00] Learn about Matt Carr—the President of Storch Products Co [17:20] The advantages of a magnetic chip conveyor [20:20] How Matt solved the skills gap at his company [26:45] How Matt has attracted talent from a local school [29:45] Matt’s experience implementing EOS at Storch  [35:46] Why scaling back and niching down solves problems [40:40] What the class looks like Resources mentioned on this episode ProShop ERP Video Library Reshoring Initiative® IH2021 Data Report Don’t miss IMTS 2022 Shop thousands of raw materials at Xometry Traction by Gina Wickman Entrepreneurial Operating System Connect with Matt Carr on LinkedIn Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

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Manufacturing is challenging, but if you are connected to a community of leaders, you can elevate your skills, solve your problems and grow your business! MakingChips was launched in 2014 to equip and inspire the metalworking nation. Hundreds of episodes and a million downloads later, it’s an industry-leading source of information, inspiration, and entertainment for manufacturing leaders of all types. It’s hosted by Jason Zenger and Nick Goellner, two multi-generational manufacturing leaders, and they’re joined by a rotating panel of expert guests – including Titan Gilroy (TITANS of CNC), John Saunders (NYC CNC), Mark TerryBerry (Haas Automation), and many more. Join us as we tackle the topics that keep you up at night - leadership, operations, technology, growth, workforce development and culture.