US bigwigs hold business forum
US Treasury Secretary leads forum for business and political leaders to discuss how they can remain competitive in the international market.
US Treasury Secretary John Snow recently led a forum for business and political leaders to discuss how US firms can remain competitive in the international market.
The event was arranged by the Pittsburgh Technology Council and held at Ansys' corporate facility.
Snow was joined by US Congressman Tim Murphy, more than a dozen southwestern Pennsylvania technology firm executives, and representatives from the Pittsburgh Technology Council.
The roundtable discussion dealt with a wide range of issues, from grooming an American work force well trained in maths and science to the pros and cons of outsourcing to the critical need for federal-sponsored research in the private sector to tax reforms that lessen the burden on businesses so companies can re-invest.
Snow said that innovation was the "engine" that would continue to drive the country's economy.
Murphy said that job training could identify and train workers and place them in the right careers that met their skills.
One of the main concerns of the business leaders, however, is the difficult time they have finding qualified employees, including engineers.
Snow's visit occurred on a day when the Labor Department released positive statistics on job creation for February 2006.
That same day, the Pittsburgh Technology Council - one of the largest regional technology trade associations in the USA - released its 2004 state of the industry report for southwestern Pennsylvania (the latest year for which figures were available).
The council report offered a mixed picture, with the number of technology companies and jobs falling that year but wages rising for those who were working in the sector.
Analysts blamed the dip on the bottoming out of the regional economy in 2004.
The Pittsburgh area continues the sustained transformation of its economy, over the past two decades, from steel making to technology development and medical research.
"It is always an honour to host representatives from local, state and national government, as well as our colleagues in the region", said Jim Cashman, President and CEO of Ansys.
"We're proud to be recognised for our innovation and contributions to the success of our region".
Joining Ansys at the roundtable discussion were business leaders from Akers National Roll, Southpointe CEO Association, Auma, Atlas Design Group, Telcove, Canonsburg Hospital, Whemco Group, Amcom Office Systems, Millcraft, Pennsylvania Transformer Technology, Testa Consulting Services, Pepper Hamilton LLP, Creehan, and Michael Baker.
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