The reinvigoration of the U.S. manufacturing sector is
bolstering the economy and creating thousands of stable jobs. For the first
time in more than a decade, domestic output and employment figures are
recording steady growth, with manufacturing output increasing by 38 percent
since the end of the recession, according to the U.S. Department of Commerce.
This shift toward domestic manufacturing solutions has accounted for 19 percent
of the rise in real gross domestic product since June 2009, as well as adding
646,000 jobs, as of June 2014.
The state of Florida, in particular, has benefitted from
this manufacturing boom. Florida currently has approximately 321,000
manufacturing employees in various industries, and Oakridge Global Energy
Solutions, Inc. is doing its part to sustain this economic growth. As part of
its recent expansion, the company created more than 1,000 new jobs in Palm Bay,
Florida, through the launch of its new 68,700 square foot manufacturing
facility.
Earlier this month, Florida Governor Rick Scott, along with
several local dignitaries and business entrepreneurs, met with members of the
Oakridge staff and executive team to celebrate the company’s positive impact on
the local community.
“Oakridge Global Energy Solutions could have moved their
headquarters anywhere in the world, and I am proud to announce that they chose
to remain in Florida and create 1,000 new jobs,” Governor Scott told the media
following a tour of the company’s new facility. “Growing businesses like
Oakridge… create opportunities for Floridians to provide for their families and
build great careers.”
In recognition of the company’s impact on the local economy,
the governor bestowed the prestigious ‘Governor’s Business Ambassador’ medal to
Oakridge executive chairman and CEO Steve Barber.
Oakridge has made considerable progress toward capitalizing
on its current momentum in recent weeks. The company recently announced that it
has completed testing on both its ProSeries line of heavy duty battery systems
for task oriented vehicles and its Patriot Series line of battery systems for
radio controlled vehicles. Both lines utilize Oakridge’s proprietary chemistry
formulation, allowing users to operate their vehicles much longer than is
possible using conventional batteries. Moving forward, both product lines will
be manufactured at the company’s expanded plant in Florida.
For prospective shareholders, Oakridge represents an
opportunity to invest in both a rapidly growing company and a key player in the
ongoing effort to bring jobs back to American soil.
For more information, visit www.oakg.net
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