Building Resilience
I-90 companies weathered the aerospace downturn in 2020 better than many suppliers in other regions because they were largely already diversified , serving multiple market sectors . The ability to quickly shift attention to other industries minimized lay-offs and shutdowns during an uncertain and stressful time .
This lesson in diversification and resilience was a driving force in the decision to expand INWAC ’ s mission from solely serving aerospace to supporting other precision manufacturing sectors as well . Offering companies assistance in diversifying their product mix , connecting them with resources to obtain certifications , and collectively marketing the l-90 supply chain to new and growing industries , provides business opportunities and economies of scale to the small and medium-sized shops that dot the landscape across Eastern Washington , Idaho , and Montana .
Driving Innovation and Supporting Economic Development
With the Chips and Science Act creating opportunities to expand domestic production and innovation in key industries , NIMA has taken an active role in projects designed to secure funding for the region . Two of these projects have been submitted for consideration under the Regional Technology and Innovation Hubs program . One would establish a center for advanced composite manufacturing and research for aerospace , while the other would focus on growing the biotech ecosystem with a focus on sterile therapeutics .
Representing the existing manufacturing ecosystem , NIMA lends its support to proposed projects like these and serves as a key resource for attracting new manufacturing businesses to the region .
“ Showing the breadth and depth of the I-90 supply chain to companies looking to relocate or expand gives our EDC counterparts a boost in their business attraction efforts ,” Mark Norton , NIMA board chair explains .
“ As new businesses set up shop here , NIMA is well positioned to help connect them with resources and other local suppliers , which creates a winning proposition for all .”
For more information about NIMA , visit www . nimalliance . org or contact us at info @ nimalliance . org .
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