Bart Aslin CEO
SME Education Foundation
www.smeef.org
A Prime Example of PRIME Success FOCUS ON THE
WorkForce T
hirty-three years ago, leading members of SME created a vision that shaped the future—a vision that enabled a legacy of world class manufacturing in North America.
Because of their foresight, courage and love for the manufac- turing industry, there exists an organization that continues to inspire, support and prepare future world class manufacturers— The SME Education Foundation (SME-EF).
The organization that exists today is a result of the gener- osity of those who came before us. People like Myrtle and Earl Walker, who have donated more than $1 million over the past three decades, and Kenneth C. Novak who has made gifts to the foundation for more than 30 consecutive years.
The SME Education Foundation is committed to address- ing the shortage of manufacturing and technical talent in North America and strengthening manufacturing education. The Bureau of Labor Statistics predicts the US will face a skilled-worker shortage of 14 million by 2014. Today, nearly 30% of workers with science and engineering degrees are age 50 and older. As a result, our competitive edge is at risk with the possibility that North American manufacturing will continue to be lost to markets in Asia and South America. In 2011, SME-EF responded to the critical need for skilled labor by recognizing and financially supporting high schools with exemplary manufacturing programs. Through the
“World-class manufacturing demands world-class talent. Our workforce must be
proficient in science, technology, engineering and mathematics (STEM) and must possess the skills that manufacturers seek.” A Manufacturing Renaissance: Four Goals for Economic Growth—The National Association of Manufacturers (NAM), 2011
Today’s manufacturing workforce has been shaped by their generosity and the support of SME, individuals, SME Chapters and manufacturing companies who have gifted more than $30 million to the Foundation since 1979. Their generos- ity has helped us to to accomplish important objectives: • $8 million invested in youth programs, inspiring more than 60,000 students to explore and pursue STEM education for manufacturing engineering careers.
• Grants of more than $17.5 million to 35 colleges and uni- versities for the development of industry-related curricula.
• More than $7.5 million in scholarships and $1.6 million in awards to students, faculty and researchers for manufacturing education.
• In-kind gifts to SME-EF totaling more than $349 million have been distributed to North American institutions.
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ManufacturingEngineeringMedia.com | June 2013
Partnership Response In Manufacturing Education (PRIME) recognition program, strong partnerships are created between organizations, businesses, and high schools. PRIME was developed as a response to the growing skills gap crisis in the US along with its greater mission to inspire, prepare and support STEM-interested students. Upon gradu- ation, students leave school with the tools to further their education and become skilled future innovators and contribu- tors to industry.
The PRIME initiative takes a community-based approach to advanced manufacturing education. Financial support and boots-on-the-ground technical assistance help to create work- ing partnerships between exemplary schools, businesses and organizations. The support provided by the PRIME program is having a positive and measureable effect as students begin to
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