SAN RAMON, CA - April 15, 2009 - "Strategies for Success in a Recession" will be highlighted at the Solano County Manufacturing Summit on Tuesday, May 5th at 7:15 a.m. at the Hilton Garden Inn located in Fairfield, California.  The Summit will be presented by the Corporation for Manufacturing Excellence (Manex), a premiere Bay Area consulting firm that specializes in strategy, people, process and performance for the manufacturing industry.


“This is an excellent opportunity for manufacturers, distributors and their supply chains to gain insight from an organization with a track record of success in their field,” Michael Ammann, President of Solano Economic Development Corporation commented. Curt Johnston, Economic Development Division Manager with the City of Fairfield, also voiced his endorsement of the Manufacturing Summit, saying “…this is a time when companies need to not only survive, but also must do the planning that will allow them to emerge stronger as the recession ends. Manex has a track record of success. The firm has the resources to bring this important Summit to Solano County and provide insight to the manufacturing industry.”


Manex, with support from the UCLA Anderson School of Management, is bringing high level summits to Bay Area communities. Manex recently presented a manufacturing summit in Sonoma County, which was attended by over 120 industry representatives. Brent Meyers, President and CEO of Manex said: “Our goal is to help the manufacturing industry go beyond incremental improvements and create sources of lasting competitive advantage.” 


At the Solano County Manufacturing Summit, participants will learn key concepts in strategy and operations management as well as what financing resources are available.  Featured speakers will include experts in their respective fields. Charles Corbett, Ph.D., Professor of Operations and Environmental Management at the UCLA Anderson School of Management will discuss the basic strategies for managing small business operations.  Manex will share its strategies for manufacturers to grow profitability, and Moss Adams LLP will review R&D tax credit and other financial strategies.


The Summit will conclude with a panel discussion on “Financing Resources and Access to Capital for Manufacturers.” Featured panel speakers include Jeffrey Sweeney, Managing Director of US Capital, who will explain how manufacturers can obtain asset-based loans. Sam Balisy, Esq., Partner with Kutak Rock LLP, will discuss how manufacturers can obtain below-market financing for the acquisition of manufacturing facilities and equipment through the use of tax-exempt industrial development bonds (IDBs). Paul Duren, Vice President with Comerica Bank will highlight the latest trends in banking and the state of the credit markets.


The program will begin at 7:15 a.m. with breakfast provided and will conclude at approximately 10:45 a.m.  To register for the Summit, click on Events or contact Wendy Linney at wlinney@manexconsulting.com. The cost is $20 per person.


The Summit is sponsored by The Corporation for Manufacturing Excellence (Manex) in conjunction with the Solano Economic Development Corporation, City of Fairfield, The UCLA Anderson School of Management, Moss Adams LLP and US Capital.
 

About Manex
Founded in 1995, The Corporation for Manufacturing Excellence (Manex) provides a broad array of proven advisory and implementation solutions exclusively to manufacturers, distributors and their supply chains, enabling them to increase growth, productivity, quality and profitability. Manex delivers high-impact solutions in four key areas: stra