Manufacturing Today Issue - 229 Oct 2024 | Page 37

_________________________________________________________________________________ MSC Industrial Supply Co .
The job on the manufacturing floor has also changed and is more sophisticated
“ Alongside these customer and R & D partnerships , we have also made several acquisitions in terms of both intellectual property and geographic expansion . Through acquisitions in the US , Mexico and Canada , as well as in the UK , we ’ ve expanded our presence considerably ,” he continues . “ We have seen a softening in manufacturing in recent months . A combination of higher interest rates for long periods of time , alongside the impending election , is giving people pause . So , right now , our customers need productivity and for the balance of 2024 , our focus is on helping our customers achieve it . Looking at 2025 , the
outlook is more optimistic , and manufacturing is poised for a return to a good run of growth . So , we ’ re gearing up for that growth to help support our customers .
“ Manufacturing has become an exciting place to be ,” Erik enthuses , “ with movement to higher growth industries . The job on the manufacturing floor has also changed and is more sophisticated . We champion the sector and are excited to play a part in helping manufacturing to flourish . Internally , we run several programs to develop our people and cultivate the next generation of diverse talent . We invest heavily in our own people and have partnerships with local universities to bring talent in ,” he concludes . “ At MSC , we ’ re big believers in cultivating the next generation of talent to support US manufacturing and ultimately , the entire sector on a global scale .” ■
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