By: Michael Strauss
In the July 18, 2017 print edition of The Daily Record, Michael Strauss, a Director in the firm’s Audit, Accounting and Consulting Department and Chair of the Government Contractor Services Group, explores the future of manufacturing and government contracting in Maryland under the Trump administration.
President Donald Trump campaigned on the slogan “Make America Great Again” and has consistently voiced his desire to bring overseas manufacturing jobs back to America. In doing so, he hopes to help boost the economy and increase employment rates. However, it’s unlikely that the president will “make America the same again,” and the manufacturing jobs that are brought back or created will not look and feel like the manufacturing jobs of old.
Maryland and Greater Baltimore have seen the manufacturing sector decline over several decades with losses of companies such as Bethlehem Steel and General Motors, which once supplied thousands of manufacturing jobs to the region. While Maryland is unlikely to reproduce the jobs that have been lost, the region is still well poised to experience growth in a new generation of manufacturing jobs — specifically in Greater Baltimore.
To read the rest of the article, please visit The Future of Manufacturing and Government Contracting in MD on The Daily Record website.
Michael A. Strauss, CPA, is a director in the Audit, Accounting and Consulting Department and Chair of the Government Contractor Services Group at Ellin & Tucker in Baltimore, Md. Michael brings to the table more than 15 years of expertise in providing management advisory, financial reporting, tax and other professional services to his clients. He can be reached at email@example.com.