A2Z Manufacturing Magazine for Rocky Mountains Aug 2021

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gency auto-landing system, terrain avoidance and full-plane How Millennials’ Technology Expectations parachute, and the option of supplemental solar panels and Can Help Save Manufacturing electric taxiing.

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Colorado Electric Plane Company Lands Big Order For New 8-Seat Eflyer Businesses that offer fractional private airplane ownership seek to buy a fleet of the eight-seat, all-electric planes recently unveiled by Centennial-based aircraft maker, Bye Aerospace.

Why sister Contact Faustson Jet It, and JetClub, companies operating Tool? in North America and Europe, signed an agreement and put down deposits to • We are a leader in 5 Axis Manufacturing Technology Technology, buy several eFlyer 8005aircraft and picked purchase including Axis Milling and 5up Axis EDM. options for an undisclosed number of additional eFlyer 800 planes. It • We have 30 Years of Experience Servicing Customers. also made deposits on four eFlyer 4 airplanes, the four-seat • Fauston ToolBye is is a Woman Owned Small Business. passenger model developing. • Our customers span the Aerospace, Defense, Medical, Energy andare Aeronautic industries. Bye Semi-Conductor, Aerospace’s electric planes the brainchild of CEO

George Bye, a former U.S. Air Force pilot.

• Our certifications include: ISO 9001:2000, JPL Flight Certified, Ball Flight Certified, MPC Flight Certified, Bye Aerospace has been developing all-electric passenger LASP Flight Certified, ITAR Certified planes since 2012 and expects to soon be in commercial proBall Aerospace: Firstthan ever300 delegated supplier duction. It has logged more orders for its two- and four-seat models, the Call company says. Today.

Our 3D Printing The Now plane isIntroducing designed to reach up to 320Metal knots cruising speed and have 35,000-foot flight ceiling. Its range is predicted to be Services! 500 nautical miles, Bye says.

www.faustson.com • 303.420.7422 6803 Joyce Street, A Arvada, The company is offering it withSte features including CO an emer34

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Millennials’ technology expectations have been shaped by smartphones, Bye is working with Safran Electrical & Power, a French aviaFacebook and digital media – in other words, by easy and ubiquitous tion industry company, developing the electrical power-train connectivity. It’s not surprising, then, that traditional manufacturing systems for the eFlyer 800. Safran is building on work with Bye systems can seem as retro as waiting for dial-up internet to connect. on the smaller eFlyer models. And that’s bad for the manufacturing sector, because its skills gap is looming large. The electric planes will cost one-fifth as much to operate compared to fossil-fuel planes of the same size, Bye says.By Greg A joint study by the Manufacturing Institute and Deloitte Consulting Avery – Senior Reporter, Denver Business Journal projects a surge of nearly 3.5 million open manufacturing jobs created over the next decade. Some of the empty slots will come by way of retiring baby Sees boomers,Manufacturing while others are related Jobs to new positions creDenver Bounce ated as a result of natural business growth, the report found. What the Back, But Hiring Challenges Persist report also predicts: As conditions stand now, 2 million of those jobs will go unfulfilled. In other words, the need for the manufacturing secEven as companies report tor to appeal to Millennials – the generation typically defined as those labor shortages across the born between 1981 and 1997 – is both critical and a very tall order. country, manufacturing employment has proven to Indeed, still has a negative image among younger genbe onemanufacturing of the more resilient erations, experts say. In a 2015 sectors in Colorado and the public perception of manufacturing study, alsometro. by TheAnd Manufacturing Denver despite Institute and Deloitte, respondents ages 19 to 33 ranked manufacturing net job losses for most in- as their lowest preference in terms of potentialwithin career choices. dustries the manufacturing sector, which Manufacturing’s makes up 5.7%image of theproblem state’s is complex and in, some aspects, based on false assumptions. But one real obstacle is that some manufacturing total employment, manusystems can seem antiquated, and it’s an issue that many manufacturers facturing employment in and related organizations are already addressing. Colorado outperformed the rest of the nation in Modern much of and 2020,accessible accordingtech to the Colorado Business Economic Outlook, produced by the University of Colorado Boulder Leeds School ofcompanies Business.and organizations in the manufacturing Forward-looking sector are working to update systems so they better align with the ease and 2021, accessibility of user pervasive withofpersonal In April according to experience the FederalsoReserve Bank Kansas technology. Traditional manufacturing platforms – for example, City, total manufacturing jobs in the Denver metro bounced manufacturing execution and supply chain applications are back to nearly 70,000,systems a 5% increase from a year earlier–and being redesigned with new increase mobile interfaces, cloudhad capabilities and the first year-over-year the sector seen since modern-day make increase what has historically perceived March 2020,dashboards when thetoyearly was 0.4%.been Partly driving as arcane into something far more friendly and familiar to a tech-savvy April’s increase was the ramping up of the pandemic’s effects audience. on employment in April 2020, when Denver shed more than 5,000 manufacturing jobs. “As Millennials move into the manufacturing environment, there’s a certain expectation that the technology they over are interacting with will With that increase comes uncertainty its sustainability. work the sameReserve as what Bank they grew up with,” Mattoversees Wells, product The Federal of Kansas City,said which Cologeneral manager for automation software at GE Digital. “The entire rado, asked manufacturing firms about wages and hiring in generation expects data will be available to them anytime, anyits May survey of that the industry. where, even outside of the plant. If they need access to information, they don’t13% wantoftofirms call someone; want to pull out their “Around expectedthey wage increases of 6% or phone more, and see what’s going on.” and 10% of firms planned to hold wages steady,” economist Chad Wilkerson wrote in comments accompanying the May One way “Over to gain84% traction with Millennials to provide access tools survey. of firms indicatedishiring plans havetobeen they want tobecause use, not simply those required to do their Wells restrained they “cannot find workers withjobs, required said. “Millennials to work in organizations are reflective of skills.”By Ethanwant Nelson – Denver Businessthat Journal


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