Planes, Oil and Local Manufacturing

June 20th, 2008 at 09:56am Bob Trojan

Recent talks with Patrick Hope and Bryan Davis led us into discussions regarding the impact on local manufacturers as suppliers to 2 leading industries. While we could recognize several of the obvious suppliers to the oil drilling and airplane industries, we wonder how many of our local manufacturers supply components or perform manufacturing operations for these producers of airplanes or oil drilling equipment.

Example, my company supplies cylinders to Ingersoll Machine Tools; they make large machines that perform machining on airplane wings for Boeing. Indirectly then, I benefit from the increase in airplane production. Guess which country will buy the most airplanes in the next 20 years?

Similarly, I know of another local company that sell products to the offshore drilling industry.

So when the U.S. wants to get back into off-shore drilling for oil or when Boeing sells more airplanes to say, China, we benefit.

I wonder how many local manufacturers can point to these 2 industries and say…”me too”?

Would like to hear from you.

Entry Filed under: Technology, Economy