Arrow Fastener: Manufacturing is Alive and Well in New Jersey

Arrow VP of finance speaks at CFO Innovation Conference and Awards event. Rob Weingartz, VP Finance for New Jersey-based Arrow Fastener Company, made a compelling case for the continued viability of U.S. based manufacturing at the CFO Innovation Conference and Awards event held recently at MetLife Stadium.

Arrow is one of nearly 11,000 manufacturing firms still alive and well in New Jersey. Weingartz spoke as part of a panel discussion, The Evolution of Manufacturing, held during the CFO Innovation Conference which was hosted by CFO Studio.

“The ongoing need for continuous improvement including productivity or cost reduction doesn’t necessarily require moving manufacturing operations off-shore in search of lower labor costs,” Weingartz told an audience of New Jersey CFOs. “By continuing to innovate based on consumer needs and desired benefits and by continuing to drive productivity, companies with U.S. manufacturing are still able to sustain their global competitiveness.”