That’s the rub Couple gets spicy Page 23
June 18 - July 1, 2021 Vol. 22, No. 12
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MANUFACTURING SPECIAL FOCUS
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9
IN THE NEWS: A roundup of the latest industry stories
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10 BRACED FOR CHANGE: Dental brackets firm grows in Leland
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FULL OF FLAVOR: Couple concocts spice rubs PHOTO BY MICHAEL CLINE SPENCER
Index Economic Indicators .............................. 3 Technology ............................................. 4 Hospitality ............................................. 5 The List ...............................................6-7 In Profile...............................................10 Real Estate...........................................18 Business of Life.............................. 22-23
Making a point: Mike McManus, CFO of Yogasleep, is part of a group addressing manufacturing issues.
SPECIAL FOCUS MANUFACTURING
MAKING INDUSTRY WORK LOCAL MANUFACTURERS FORM GROUP TO ADDRESS TALENT PIPELINE, MORE
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BY CHRISTINA HALEY O’NEAL
M
anufacturing companies in the Cape Fear region face two significant issues with their labor force.
They’re having trouble meeting immediate job needs to round out recovery and grow as they emerge from the constraints of the COVID-19 pandemic. And in the long run, many company leaders are starting to wonder what the future holds for
open positions. “We are hiring more outside of North Carolina than we have in the past,” said Michael McManus, CFO of Wilmington-based Yogasleep, a maker of nationally sold, fan-based sound machines. “I believe the entire job market right now is very tight from a talent recruitment standpoint.” In the world of manufacturing, however, improving the workforce situation may not lie just in COVID recovery efforts; nor is it as simple as reeling in the right talent, says a recently formed local manufacturing
partnership made up of several industry leaders, including McManus. Many companies are also seeking the next-generation hire looking for a long-term career in manufacturing before the lion’s share of the current workforce retires. To address such key issues, a group of 27 manufacturing executives have come together to form the Cape Fear Manufacturing Partnership.
THE RECOVERY
“Right now, we can’t get people to work,” said Eric Barton, vice president of operations for Tri-Tech See INDUSTRY, page 17