APP Manufacturing stands out as a certified women-owned enterprise—an impressive distinction in an industry where women have historically been underrepresented. This certification signifies that women are not just figureheads but actively manage and lead the company on a day-to-day basis.
If you're operating within the piping industry, partnering with a women-owned business like APP Manufacturing could open up unexpected opportunities for your company. Wondering how this might translate into real-world benefits? Let's explore why collaborating with female-led businesses in manufacturing can be advantageous.
hbspt.cta._relativeUrls=true;hbspt.cta.load(5163497, '0e22fd3a-39ca-4a7d-b319-1c03e874c997', {"useNewLoader":"true","region":"na1"});
How Underrepresented Are Women in Manufacturing?
It’s surprising to find women thriving and leading in manufacturing. According to a 2020 Thomas industrial survey, only 33% of manufacturing roles are held by women, while just 25% of leadership positions are occupied by women. These figures fall short compared to other industries where women own 42% of all businesses in the U.S., contributing to $1.9 trillion in annual revenue, as per American Express’s 2019 report.
What Does It Mean to Be a Woman-Owned Business?
APP Manufacturing proudly holds the Women-Owned Small Business (WOSB) certification from the U.S. Small Business Administration (SBA). To qualify, the following criteria must be met:
- Women must play an active role in decision-making and daily operations, not just serve as figureheads.
- At least 51% ownership by women is required.
- The business must be owned by a U.S. citizen and classified as a small business.
Partnering with a certified women-owned business offers several unique advantages:
Diverse Perspectives Drive Innovation
As more women join the manufacturing workforce, they bring fresh perspectives and ideas. A McKinsey & Company study revealed that companies with diverse executive teams were 21% more likely to experience above-average profitability. By working with a women-owned business, you're likely to benefit from both innovation and reliability.
Access to Government Contracts
Many government agencies and large corporations prioritize contracting with women-owned businesses. The WOSB Federal Contracting Program reserves contracts specifically for these businesses, increasing your chances of securing bids for government projects.
Women Help Bridge the Skilled Trades Gap
Manufacturing is facing a severe talent shortage, with 54% of companies reporting difficulties finding qualified workers. By 2025, it’s estimated that 2.6 million baby boomers will retire from the industry. Women could significantly address this gap, and partnering with a women-owned business supports efforts to recruit and retain female talent.
Boost Your Piping Industry Edge
Collaborating with a women-owned business can offer significant advantages for companies in the piping industry. Understanding how pipe supports and restraints function can further enhance your systems and reduce costs. Download our free guide, The Complete Guide to Pipe Restraints, for insights into optimizing your piping infrastructure.
hbspt.cta._relativeUrls=true;hbspt.cta.load(5163497, '6cc4a3b8-7e8b-4c39-a167-447669e6b976', {"useNewLoader":"true","region":"na1"});
Single Handle Kitchen Faucet,Single Handle Kitchen,Single Handle Wall Kitchen Mixer,Single Handle Wall Mounted Bath Mixer
WENZHOU CHENKAI SANITARY WARE CO.,LTD , http://www.cnchenkai.com