Michigan Manufacturers Added 18,000 Jobs in Fifth Straight Year of Gains
/EINPresswire.com/ --
EVANSTON, IL--(Marketwired - May 09, 2016) - Michigan manufacturing employment climbed for a fifth straight year, reports the 2016 Michigan Manufacturers Directory
Michigan is now home to 13,797 manufacturers employing 686,470 workers. MNI reports the state has so far added more than 70,000 industrial jobs or 11% since February 2010, ranking among the nation's strongest recoveries from the recession.
"Following the precipitous losses suffered during the recession, Michigan has re-established itself as the center of the auto manufacturing universe. With its abundance of project funding and shovel-ready sites, as well as its skilled labor pool, the state has huge appeal for manufacturers," says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. "However, a stronger dollar and soft global demand will continue to offset growth."
For the full report, including specific company news, click here or visit http://www.manufacturersnews.com/news
MNI reports the auto industry continues to lead the state's gains, with the transportation equipment sector adding over 5,000 jobs or 2.4%. The industry ranks first in the state for manufacturing employment, with 138,423 workers. MNI reports the transportation equipment sector has accounted for much of Michigan's post-recession growth, growing 10% over the past five years.
The industrial machinery and fabricated metals sectors -- second and third in the state for number of jobs -- also posted strong gains. Industrial machinery & equipment rose 2.6% to 130,030 jobs, while employment in the fabricated metals industry climbed 3.6% to 82,646 jobs, reports MNI.
Most other industries in Michigan gained jobs over the year including textiles/apparel, up 6.1%; chemicals, up 4.9%; fabricated metals, up 3.6%; primary metals, up 3.2%; rubber/plastics, up 2%; and furniture/fixtures, up 1.8%.
MNI's regional data shows the Southeast region accounted for over half of Michigan's manufacturing gains, adding more than 10,000 jobs, or 2.8% over the year, currently home to 396,817 workers.
Detroit posted a notable gain in manufacturing jobs over the year, reports MNI, growing 1.2%. Detroit currently ranks 3
Established in 1912, Manufacturers' News, Inc. is the nation's oldest and largest publisher of industrial information. MNI offers a variety of tailored solutions to help customers connect with 430,000 manufacturers and suppliers. MNI's industrial database subscription service EZ Select: http://www.ezselect.com allows users to tap into a live interactive database of manufacturers, while its industrial search engine IndustryNet: http://www.industrynet.com connects buyers and suppliers and allows users to view profiles and obtain competitive quotes. For more information, contact Manufacturers' News, Inc. 847-864-7000. http://www.mni.net
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Contact:
Jennifer Ratcliff
Manufacturers' News, Inc.
(847) 864-9440 ext. 241
jratcliff@manufacturersnews.com
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