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Florida manufacturing continues to rebound

Posted by IndustryNet on Wednesday, May 31, 2017

100000036_siemensNew data released this week by MNI, researcher and compiler of the U.S. manufacturing data that powers IndustryNet, shows Florida’s manufacturing sector continues to thrive, adding jobs for a fourth straight year. Florida’s manufacturing job levels inched up a third of a percent between March 2016 and March 2017, adding to the significant gains recorded in the years following the recession.

This year’s gain was led by a 2.5% rise in the Florida’s fabricated metal industry, which currently employs 48,531 workers -- the state’s largest sector by industrial employment.

Post-Recession Rebound

This is the fourth straight year Florida added manufacturing jobs, with more than 20,000 jobs added between March 2013 and March of this year. Paper products, rubber/plastics, electronics and textiles were among some of the other sectors to add jobs, while losses were recorded in furniture, industrial machinery and chemicals.

Why Florida?

Florida gets high marks for a variety of site selection factors. The state ranks second in the U.S. for its infrastructure, and its business costs are among the lowest in the nation. Forbes recently ranked Florida as first in the nation for growth prospects, and eighth in the U.S. for economic climate -- and it doesn’t hurt that Floridians pay no income tax.

Counter to the heavy dependence many Southern states have on the auto industry for the strength of their industrial sector, Florida boasts an especially diverse manufacturing sector, drawing a variety of enterprises to its border, from aerospace component manufacturers and food processors to electronics companies and pharmaceutical makers.

Florida-2017 (2)Looking Ahead

All signs suggest Florida should continue to add manufacturing jobs in the coming years, as Nanotherapeutics continues hiring at its new biodefense plant in Alachua, and Chicago-based Ozinga Ready Mix Concrete opens its new concrete mixing plant in Miami. Other new projects in the state include Cox Enterprises’ new tire processing facility in Nahunta, which employs innovative technologies to break down discarded tires to their original components.

Top Companies

Florida is home to some major industrial names, specializing in a diverse range of products. Here are the top five, based on number of employees:

1. Lockheed Martin Corp., Missiles & Fire Control Division (Orlando) –3,700 employees. Lockheed Martin is Florida’s largest industrial employer, manufacturing missiles, rockets as well as manned and unmanned systems for the U.S. military and foreign allies.

2. CSX Corp.(Jacksonville) – 3,600 employees. Corporate Headquarters. Railroad equipment.

3. Harris Corp (Palm Bay) -- 3,590 employees. Harris Corp provides tactical communication systems, electronic systems and space and intelligence systems for international defense and public safety networks.

4. SHL Pharma LLC (Deerfield Beach) – 3,000 employees. SHL is the world’s largest manufacturer of drug delivery systems, including Auto & Pen Injectors. Their Deerfield Beach location specializes in final assembly and packaging of their drug delivery systems.

5. Siemens Energy, Inc. (Orlando) - 3,000 employees. Corporate Headquarters. Siemens provides a variety of power generation solutions and systems, including equipment for wind and solar power.

By the Numbers

Florida’s 13,942 industrial companies employ 476,202 workers. Here’s a breakdown of the numbers:florida2

The top five industries in Florida based on number of jobs:

1. Fabricated Metals: 48,531 jobs
2. Electronics: 46,672 jobs
3. Food Processing: 45,247 jobs
4. Industrial Machinery: 41,754 jobs
5. Printing/Publishing: 40,607 jobs

The top five cities in Florida for number of manufacturing jobs:

1. Jacksonville: 37,905 jobs
2. Orlando: 33,768 jobs
3. Miami: 29,984 jobs
4. Tampa: 25,482 jobs
5. Fort Lauderdale: 16,834 jobs

This report is based on MNI’s extensive manufacturing profiles, which can be accessed as a database subscription. Or, to connect directly with all industrial suppliers in Florida and across the U.S. start your search on IndustryNet.com.

 

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