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Energy, jobs tops at Maine Manufacturing Summit

from Business Sun Journal

Andy Nichols paid $1.2 million for electricity last year at Elmet Technologies. No question he'd love to trim that bill. The former Philips Elmet Corp. employs 200 people making an array of high-tech metal products. "If we could cut our (electric) bill by 30 percent, that is a significant, significant gain on our business," said Nichols, president and chief operating officer. "I'm competing against guys in inland China, all over Europe. We're doing it well. Every penny of this counts." Energy costs and the hard work finding employees were themes at the Manufacturers Association of Maine's annual manufacturing summit at the Bates Mill. more

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