Joe Young & TRG Manufacturing Division Completes Successful Operations Search

(Richmond, VA) June 28, 2016 – Joe Young and The Manufacturing Search Division of The Richmond Group USA (TRG) are pleased to announce the successful conclusion of a Plant Manager search for an industry leading industrial & commercial equipment manufacturer in the Northeastern United States.  This person will be responsible for leading the day to day production and business activities of the site along with overall P&L responsibility for the operation.  In addition to that, this role will partner with Corporate Continuous Improvement Teams to drive Operational Excellence at the site, to help them achieve both their short and long term goals.

Working with the Sr. Vice President of Global Operations, we took on the challenge of finding a driven, Operational Leader who could help them drive site effectiveness while successfully helping them achieve their lofty three to five year business initiatives.  A comprehensive nationwide search was conducted to uncover and attract a pool of very qualified candidates.

We identified a well-rounded Plant Manager with a both a strong operations and continuous improvement background, that had the exact “metrics driven” background the client was looking for, with product and industry knowledge to match.  This placement will provide our client with a proven leader that can join their current Site Operations staff and provide immediate value.  Should you desire additional information about this successful search or about our firm, please contact Joe Young & the TRG Manufacturing Division at (804) 285-2071 or email Joe at joey@richgroupusa.com.

Krissy Whitaker & TRG Accounting and Finance Complete Successful Controller Search

(Roanoke, VA) June 24, 2016 – Krissy Whitaker and the Accounting & Finance Search Division are pleased to announce the successful conclusion of our recent search for an Assistant Controller in Roanoke, VA.

Our client is a leading natural resources company, who partnered with us to identify, attract and secure the very best local talent for this role.

The organization has been steadily growing thru acquisitions and their focus on diversifying the core business by expanding into agriculture and real estate investments.

Our search was specific to the New River Valley region of Virginia, where we worked to best identify a candidate with both the technical accounting expertise required and the entrepreneurial spirit to spearhead a brand new role for the company.

With over 12 years of experience recruiting in this market, Krissy Whitaker and her team were able to quickly identify and attract the right individual, who had the experience necessary to be successful for our client.

Our candidate has an exceptional accounting background working with an international manufacturer, where she focused on a variety of responsibilities in a fast paced, deadline driven environment. This individual also has a proven track record of successfully helping companies improve efficiencies and save money.

Our client offered an excellent package including a promotion by adding responsibilities where she will be able to make critical decisions by working alongside executive management. As a brand new role within the organization, our candidate will also have the rare opportunity to mold what this role becomes in the future. She will prove to become an integral player in the growth and prosperity of this team and the overall future success of the organization.

Should you desire additional information about this successful search or about our firm, please contact Krissy Whitaker, Director of the Accounting & Finance Division at 804-285-2071 or email Krissy at krissy@richgroupusa.com

Manufacturing industry making improvements

Though it has dealt with a string of difficult years, the U.S. manufacturing industry is looking up.

The percentage of manufacturers who had a positive view of their company’s outlook grew in the second quarter off 2016 to reach 61.7 percent, according to data from the National Association of Manufacturers, BizTimes reported. It was the first increase in five quarters.

In addition, the survey also revealed a 1.6 percent increase in the amount of expected sales for the next year.

A recent article by Forbes noted that manufacturing has the largest multiplier effect on the economy of any sector, with one dollar of final demand for manufacturing translating into $1.33 in output from other sectors of the economy. In comparison, one dollar of retail trade demand produces $0.66 in output.

Forbes also outlined several cities where the manufacturing is seeing success. It found that the top city for the industry is Grand Rapids, Michigan, which had 5.4 percent growth in manufacturing jobs last year. Rounding out the list was Elkhart, Indiana, Louisville, Kentucky, Warren, Michigan, and Detroit, Michigan.

Though it has dealt with a string of difficult years, the U.S. manufacturing industry is looking up.

Is virtual reality the next big thing in healthcare?

The rise of virtual reality within the healthcare system is picking up with rapid speed.

In neurosurgery, the revolutionary high-tech simulation guided with a controller allows doctors to virtually navigate through the brain of a patient prior to surgery, reported Healthline. Moving through the brain, around blood vessels, doctors see a 3D image of its structure and are then able to identify aneurysms and map out tumors.

“[The platform] gets you closer to a very real experience, a very real review of the anatomy,” Dr. Neil Martin, chair of neurosurgery at UCLA Medical Center, told the source.

Virtual reality in healthcare is also being utilized as a tool for training and education, allowing future students of medicine a more visual, participatory experience that includes accurate and realistic simulations, reported Health Data Management. It is especially useful in complex medical procedures, where the risk of real-life training is eliminated but students still receive hands-on experience.

The demand for this innovative healthcare tool is only expected to grow. In fact, Global Industry Analysts forecast the worldwide market for virtual reality in healthcare to reach $3.8 billion within the next four years, according to Healthline.

Virtual reality may just be the future of healthcare.

More jobs in green energy than oil in U.S.

For the first time in history, there are more jobs in green energy than in the oil and gas industry in the U.S.

A report by the International Renewable Energy Agency showed that the U.S. solar energy workforce increased 12 times faster than the rate of overall job growth, according to Bloomberg. Green energy jobs overtook those in oil and gas last year, rising 6 percent to reach nearly 222,000 positions.

“The continued job growth in the renewable energy sector is significant because it stands in contrast to trends across the energy sector,” director-general of IRENA, Adnan Amin, said.

The agency attributed the job growth in the green energy sector to state and federal incentive programs and financing initiatives.

The growing alternative energy workforce in the U.S. also reflects a worldwide trend, with the global workforce increasing by 5 percent in 2015 alone, the Financial Times reported. Some 8.1 million people worked in solar, wind and related renewable sectors last year. The agency predicts that there will be more than 24 million clean energy jobs worldwide by 2030.

Solar energy was the sector with the most employees, supporting 2.8 million jobs last year, up 11 percent from the previous year.

For the first time in history, there are more jobs in green energy than in the oil and gas industry in the U.S.

Your June First Friday Preview from Zach Price

The number of jobs added in May 2016 was “shockingly low” according to NPR business editor Marilyn Geewax.  Economists state that average job growth rate is below average, increasingly so over the past 3 months.  Job growth is also below standard population growth for 2016. Unfortunately manufacturing, especially mining and durable goods manufacturing, continue to show job losses since September 2014.  Since 2010 Manufacturing has regained over 830,000 jobs but is still lagging at 10.6 percent lower than before the recession.

On a positive note manufacturing wages are up approximately 1.5 percent and the manufacturing index ticked up slightly in May staying above 50, indicating expanding factory activity so far in 2016. Consumer spending and consumer goods purchases are up, which is due to manufacturing targeting auto producers and chemical makers. Oil prices have risen along with other commodities such as steel and aluminum potentially ending the 18 month deflationary period. Businesses are looking forward to seasonal surges this summer might be offset due to uncertainty of the November elections.