The Greater Rockford Chamber of Commerce Economic Development Team is at the forefront of driving progress in casting, forging, and energy storage manufacturing. As a pivotal member of the Illinois Defense Manufacturing Consortium (ILDMC), our mission is to establish a Center of Excellence Model, fostering innovation, expanding industrial capacity, and building a diverse talent pipeline for advanced manufacturing and defense resiliency, with a focus on underrepresented populations.
In recent months, our team has diligently worked to amplify the casting and forging ecosystems. We've collaborated with companies integral to the supply chain, offering insights into regional needs and support mechanisms. A significant milestone was achieved in October, when the Greater Rockford Chamber of Commerce met with the Illinois Defense Manufacturing Consortium in the Quad Cities. During this meeting, our team presented program metrics and highlighted the impactful work undertaken within our community.
In November, our team hosted the Veteran’s Employment, Education, & Training Seminar, a collaborative effort involving the VC, Rock Valley College, The Workforce Connection, and the Illinois Manufacturing Excellence Center. This seminar provided local veterans with opportunities for education and careers in manufacturing. The event was made possible through the generous sponsorship of Fire Department Coffee.
Current reports indicate promising trends in both casting and forging within the ILDMC. Employment in the casting sector grew by 10 percent over the 2010-2020 period, while industry sales witnessed a 14 percent increase. Similarly, the forging sector experienced a 4 percent growth in employment and an impressive 137 percent surge in industry sales over the same period.
As we look ahead in 2024, our team is gearing up for a January meeting with the Consortium to share current metrics and foster collaboration with other municipalities. We also aspire to create a Casting and Forging (C&F) Roundtable, bringing together manufacturers for knowledge-sharing and collaboration. This initiative aims to strengthen the bonds within the industry, leading to enhanced innovation and efficiency.
The Greater Rockford Chamber of Commerce Economic Development Team is maintaining continuous engagement with casting and forging manufacturers and stakeholders. We understand the importance of staying connected to industry dynamics, and our team is committed to providing ongoing support to ensure the growth and success of businesses in these sectors.
As we move forward, the Greater Rockford Chamber of Commerce Economic Development Team remains dedicated to fostering a robust and inclusive environment for casting and forging manufacturers, driving economic growth and resilience in Rockford and beyond.
The Greater Rockford Chamber of Commerce is a private non-profit membership organization that aims to support the growth and development of local businesses and our regional economy. We strive to create content that not only educates but also fosters a sense of connection and collaboration among our readers. Join us as we explore topics such as leadership, economic development, networking opportunities, upcoming events, and success stories from our vibrant community. Our resources provide insights, advice, and news that are relevant to business owners, entrepreneurs, and community members alike.