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So are -- you know manufacturing Renaissance.
Rob -- would certainly say so the vice president of -- any tool is seen his business grow nearly 10% for the past 44 years despite economic unrest.
Rob Tuesday -- CEO to tell us how he's managed to continue that winning streak and create jobs right here in America.
Rob thanks for coming.
For more -- -- pleasure to be here.
Do you -- about 68 million in annual revenues and you're growing 10% year over year despite the economic ups and downs that come along with the manufacturing industry how are you managing to do this.
-- -- you know manufacturers not an easy business I think you go through an evolution and you have to be be receptive to change it changes and it's very dynamic.
We started out in a garage.
As a as a tool and I shop and we continue to grow and develop that -- and got involved in various contract manufacturing.
And -- evolved into some engineered product and into some actual higher volume manufacturing and it's worked for us I'm not saying it works her -- but it has worked for us.
Well it's definitely working for you in manufacturing in particular is very susceptible -- the economic ups and downs.
He managed to really stay afloat even through the 2009 -- so how do you overcome those challenges well.
If you don't we we got hit like everybody with it's.
With the with the loss of business in the downturn it hit us pretty hard we were lucky we are able to maintain we never -- anybody home we're really proud of that fact.
But I think we invested during that timeframe and we developed the other thing I think is important is.
We're a very strong manufacturing -- area Indiana's very started manufacturing and northeast Indiana and particulars very strong manufacturing.
-- so that help support our base and provides a base for skilled people.
Development support organizations and we're lucky that our group has a very proactive area between government and education.
And business and to promote that and develop that.
And many people are discussing in manufacturing Renaissance and you've mentioned it as well so what do you think is driving this trend.
I think a lot of it has to do being cost effective I think a lot of it has to do with technology.
I see across the country -- see in our area the application of a number of new technologies that are coming on board.
In particular one that we've been actively involved with his additive manufacturing.
Especially with direct -- -- -- the transfer for.
And it's worked again it's worked for us and I see that technology becoming more applicable and other industry so you have to be flexible you have to abolish it if you're doing the same thing you did laughter you -- behind.
The act that's so true until you mentioned technology and some of the things that are changing what do you see as the future of your industry.
All I I think it'll continue to change you know I think a lot of people had a premature thought that you know manufacturing was on a decline.
Here is enormous amounts of manufacturing the United States.
Four to continue it'll it'll still evolve I'm not sure it's any different today than what it was thirty years ago.
The technology is much more rapid it's it's very easy to get LeapFrog.
You have to maintain your your competitive advantage do you think American manufacturing is truly bounced back post recession.
I think it has a certain cases it's not it's not true across the board I know there's areas that are not strong.
But I think it has come back and it will continue to come back.
I think a lot of it has to do with the work ethic and what's involved with it unfortunately like so many businesses you're only as good as your last job.
But there's a continual work at it and and we're very lucky.
That we've got a great group of people to work -- in a good strong customer base.
Year continuing to grow and add jobs and expand your space what's next for CNN all it's.
It's a constant challenge we.
We have added people I think there's a little bit of a misnomer from the standpoint expansion and and and jobs because a lot of what happens in manufacturing I think is very similar to what occurs and agriculture in that.
With productivity improvements so we have -- people but we've expanded our capabilities even beyond that.
With technology with the technology that's occurred you know you look at ultimately you seeing what you do next -- mark thank you so much for coming enjoyed it thank you Kate from meteoric heat Rogers foxbusiness.com.
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