Randy Wolken, President and CEO of the Manufacturers Association of Central New York, said on April 10 that ongoing geopolitical conflict involving Iran is creating economic pressure for manufacturers, particularly through higher energy prices and supply chain disruptions. Wolken said that despite these challenges, manufacturers are focusing on resilience, adaptability, and innovation as key advantages.
The current instability has led to elevated costs in energy—especially diesel—which affects freight, logistics, and heavy manufacturing. The Strait of Hormuz remains a critical chokepoint for global oil supply into 2026. This situation sustains upward pressure on oil prices and contributes to inflationary trends across industrial sectors. Disruptions in shipping lanes have also impacted the flow of goods such as semiconductors and agricultural products.
Wolken outlined four main strategies for manufacturers facing these challenges: treating energy as a strategic asset; building more resilient supply chains; improving operational efficiency; and rethinking market positioning. He said manufacturers should invest in reducing exposure to geopolitical shocks by diversifying their energy sources and modernizing infrastructure.
“The most effective response for manufacturers isn’t to wait for stability; it’s to accelerate transformation in four key areas: energy strategy, supply chain resilience, operational excellence, and market positioning,” Wolken said.
He added that digital platforms using artificial intelligence are helping companies detect disruptions early. Increased automation and workforce training are being used to offset rising input costs. U.S.-based firms may also benefit from customers seeking reliable domestic production amid uncertainty.
Wolken concluded by saying leadership is especially important during periods of volatility: “While headlines emphasize volatility, history consistently shows that industrial leaders are forged during periods of uncertainty.” He called on manufacturers not only to adapt but also lead efforts toward modernization so they can serve as anchors of economic stability.
