Aerospace Manufacturing – Michigan

Like many industries over the past few years, aerospace product and parts manufacturing companies in Michigan have faced countless challenges and embraced many available opportunities.

While manufacturing leaders are focused on streamlining the manufacturing process, issues with part shortages, production slowdowns, labor shortages, cybersecurity and the integration of artificial intelligence (AI) persist. Perhaps the biggest concern for manufacturers is inflation. Not only is it driving up the cost of supplies, but it’s decreasing buying power and borrowing options ultimately creating a cashflow issue for aerospace product and parts manufacturers. Throw in external factors like decreased purchasing power at the Department of Defense and from commercial airlines, and your growth trajectory may look different in this environment.

When facing times of uncertainty, manufacturers must manage the variables they can control. Your relationship with your accounting firm is one of those factors.  Working with a certified public accounting (CPA) firm with the relevant technical expertise and experience in your industry will allow you to navigate tax liabilities and present a strong financial picture for audit requirements and management decisions.

Aerospace Manufacturing Experience – Michigan (MI)

Adams Brown, Strategic Allies and CPAs, is a certified public accounting and professional services firm that specializes in serving the accounting, tax, audit, technology, cybersecurity and wealth management needs of aerospace manufacturers, executives and owners. Our team has years of experience working with manufacturers of all sizes in Michigan, helping them realize financial goals and reduce their compliance burden.

Doing business in today’s environment is complicated. Whatever your situation, our team stands ready to assist.

Aerospace Manufacturing Services – Michigan

  • Outsourced Accounting
  • Controller & CFO Services
  • Payroll
  • Tax Planning & Compliance
  • Audit & Assurance Services
  • Managed IT Services
  • Cybersecurity Consulting
  • Merger & Acquisition Consulting
  • Technology and vCIO Consulting

Michigan Aerospace Manufacturing

Aerospace manufacturing in Michigan is a robust and diverse sector characterized by a wide range of activities and contributions. The state is home to several prominent aerospace companies including Boeing, Lockheed Martin, Northrop Grumman and General Dynamics. These companies are actively engaged in various aspects of aerospace manufacturing from the production of aircraft to defense technologies.

Michigan’s aerospace manufacturing sector is closely aligned with research and development efforts. Numerous research facilities collaborate with both private and public entities to drive innovation, technological advancement and the development of cutting-edge aerospace technologies.

The state’s educational institutions play a pivotal role in supporting aerospace manufacturing by offering specialized programs in aerospace engineering and related fields. These programs contribute to the development of a skilled workforce that is essential for the industry’s continued growth and success.

Government initiatives and support are also integral to aerospace manufacturing in Michigan. Both state and federal agencies provide funding, incentives and regulatory oversight to ensure the industry’s compliance with standards and its ability to flourish within the state.

NATIONAL REACH

Adams Brown serves aerospace manufacturers located in Alabama (AL)Arizona (AZ), Arkansas (AR)California (CA)Colorado (CO)Connecticut (CT), Florida (FL)Georgia (GA), Indiana (IN), Kansas (KS), Ohio (OH)Oklahoma (OK)Michigan (MI), Missouri (MO)New York (NY), North Carolina (NC)Texas (TX), Utah (UT)Virginia (VA), and Washington (WA).