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Searching IndustryNet for Aerospace Components, servicing Vermont (VT). |
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Manufacturing in Colorado picks up speed as state adds jobs for a seventh straight year
Tuesday, September 26, 2017
According to new data released by MNI, compiler and publisher of the industrial information that powers IndustryNet, manufacturers in Colorado added jobs for a seventh straight year, as the state's unique business climate spurred growth across multiple sectors.
MNI reports industrial companies in Colorado added 2,308 new jobs between June 2016 and June 2017, or 1%. This outpaces the gains MNI reported over the 2015-2016 survey period, in which the state added 700 jobs, and generally points to new momentum in the state's manufacturing sector.
According to recent rankings compiled by CNBC, Colorado scores big for a number of site selection factors, including an abundance of capital, low business costs, educated workforce, robust economy, and focus on technology and innovation.
The...(Full Article)
Connecticut manufacturing picks up slightly, gaining jobs for a second straight year
Thursday, September 14, 2017
According to new data released this week by MNI, hiring in Connecticut's manufacturing sector picked up steam, led by steady growth in some of the state's top industries. MNI, compiler and publisher of the industrial information that powers IndustryNet, reports Connecticut industrial employment edged up by about 785 jobs, or a half percent between June 2016 and June 2017. This marks the state's second straight year of modest gains, and, hopefully, a reversal of the steep losses the state suffered during the recession.
Overall, Connecticut has struggled to add manufacturing jobs in the post-recession era as global competition took hold, a strong dollar made exports more expensive, and a tough business climate had some manufacturers shutting their doors. While many states in the U.S. r...(Full Article)
Georgia manufacturing roars ahead, adding jobs for a seventh straight year
Thursday, August 10, 2017
According to new data released today by MNI, manufacturers in Georgia added jobs for a seventh straight year, as continued gains in the auto industry boosted employment across multiple sub-sectors.
MNI, compiler and publisher of the industrial information that powers IndustryNet, reports Peach State manufacturers added 4,373 new jobs between May 2016 and May 2017, or 1%. This is about double the gain MNI reported for the 2015-2016 survey period, in which employment inched up a half percent, pointing to fresh momentum in the state's industrial sector.
Overall, Georgia's manufacturing job growth has been steady over the past seven years, with gains largely led by the state's flourishing auto sector. Since May of 2010, Georgia added an astounding 27,000 jobs, according to MNI data, an...(Full Article)
According to new data released this week by MNI, compiler and publisher of the industrial information that powers IndustryNet, Kansas lost manufacturing jobs over the past year. MNI reports Kansas lost 1,484 manufacturing jobs from May 2016 to May 2017, or 1%, adding to the general stagnation in manufacturing employment the state has experienced following the sharp losses of the recession. Our latest post examines a few of the challenges Kansas has faced in the post-recession era, and some of the areas in which Kansas' industrial sector excels:
Post-recession recovery weak as aviation, oil, lose ground
While many states in the nation have recovered significant numbers of jobs lost during the recession, Kansas has struggled to return to pre-recession levels. Over the past six years th...(Full Article)
According to new data released this week by MNI, industrial companies in Arizona added thousands of jobs over the past year, led by strong growth in the state's electronics industry, as well as steady gains in its massive transportation equipment sector. According to MNI, compiler and publisher of the industrial information that powers IndustryNet, Arizona industrial employment surged by 3,000 jobs, or 1.4% -- the largest manufacturing employment gain recorded for the state since before the recession.
Arizona was hit hard by the housing crisis, and many companies supplying the construction industry had to close their doors. In addition, cutbacks in defense spending hit some of the state's major aerospace and defense companies and plummeting metal prices hurt Arizona's sizable mining se...(Full Article)
According to the Precision Machined Products Association, the precision machining industry is experiencing growth. The association's business activity index, which is based on reports from 81 shops, reached record-high levels in January, up almost 4 percent over the five-year January average.
In addition, IndustryNet data also shows strong sales and employment growth in precision machining. The industry produces highly engineered machined components based on customer specifications, using materials such as steel, aluminum, titanium, stainless steel and various advanced alloys. Both complex parts and complete assemblies are manufactured to be incorporated into products such as automobiles, aircraft, medical devices and appliances.
Data from IndustryNet reveals the companies that are l...(Full Article)
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