APP: Women in Manufacturing

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At APP Manufacturing, we take pride in being a certified women-owned business—a rarity in an industry where women have historically been underrepresented. This certification highlights our commitment to fostering diversity and innovation within the manufacturing sector.

But what does this mean for you? If you're part of the piping industry, collaborating with women-owned businesses could open up new opportunities for your company that you might not have considered before. In this article, we explore the current landscape of women-owned manufacturing enterprises and outline some lesser-known benefits of partnering with such businesses.

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How Underrepresented Are Women in Manufacturing?

Seeing women actively contributing to and leading in the manufacturing industry might surprise some people. The reality is that women remain significantly underrepresented in this field. A 2020 Thomas industrial survey revealed that women occupy only 33% of manufacturing positions, with just 25% of leadership roles held by women. These figures contrast sharply with the broader business world, where according to American Express's 2019 report, women own 42% of all U.S. businesses and generate $1.9 trillion in annual revenue.

Understanding What Makes a Business Women-Owned

As noted earlier, APP Manufacturing holds a Women-Owned Small Business (WOSB) certification from the U.S. Small Business Administration (SBA). Here’s what that entails:

  • Women must play an active role in decision-making processes and manage daily operations, not merely serve as symbolic figures.
  • A minimum of 51% ownership by one or more women is required.
  • The business must be owned and operated by a U.S. citizen and classified as a small business.

Partnering with a certified women-owned business offers several distinct advantages:

Diversity Breeds Innovation

As more women enter the manufacturing arena, they bring fresh perspectives and experiences, fueling innovation and operational efficiency. Research by McKinsey & Company indicates that companies with diverse executive teams are 21% more likely to achieve above-average profitability compared to those lacking diversity. Therefore, choosing a women-owned business ensures collaboration with a dynamic and reliable partner.

Access to Government Contracts Boosts Opportunities

Many organizations, including the federal government and numerous Fortune 500 firms, prioritize sourcing from women-owned businesses to meet diversity targets. Programs like the WOSB Federal Contracting Initiative allocate specific contracts to these businesses, enhancing your likelihood of securing lucrative government projects.

Women Are Addressing Skills Shortages in Manufacturing

Collaborating with women-owned businesses encourages greater female participation in manufacturing, which is crucial given the sector’s current labor challenges. Reports indicate that over half of manufacturers face recruitment difficulties—the highest level recorded in over ten years. Additionally, projections suggest that 2.6 million baby boomers will retire from manufacturing by 2025, exacerbating existing shortages.

Addressing this issue is critical as studies show that filling these gaps could result in substantial economic losses. For example, Deloitte estimates that the skills deficit might cost the U.S. manufacturing sector $454 billion in GDP by 2028 alone. Engaging with women-owned enterprises helps promote role models who inspire other women to join and excel in manufacturing roles.

Enhancing Your Edge in the Piping Industry

Working alongside women-owned businesses provides unique advantages for companies involved in piping applications. However, there are additional strategies to optimize performance, strengthen piping systems, and reduce expenses. Understanding how proper pipe supports function is key to achieving these goals. To gain deeper insights into effective restraint solutions tailored to your needs, download our complimentary guide, The Complete Guide to Pipe Restraints.

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Manufacturing today demands adaptability and forward-thinking approaches. Embracing partnerships with women-owned businesses represents one step toward building a stronger, more inclusive future for everyone involved.

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