Tennessee's Manufacturing Job Growth Slows
December 29, 2016 | MarketwiredEstimated reading time: 1 minute
Tennessee manufacturing employment inched up for a fifth straight year, though at a slower rate than reported in previous years, according to the 2017 Tennessee Manufacturers Register, an industrial database and directory published by Manufacturers' News, Inc. (MNI) Evanston, IL. According to MNI's database of manufacturers, Tennessee added 847 jobs between October 2015 and October 2016, a half percent gain.
Tennessee is home to 6,659 manufacturers employing 385,133. Manufacturing employment in the state has grown by 4% since October of 2011, reports MNI.
"Tennessee's solid infrastructure, workforce, business costs, and incentive programs continue to be a draw for a variety of manufacturers, particularly in the transportation equipment sector," says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. "However, job growth has slowed due to a strong dollar and global competition, and many of Tennessee's neighbors offer similar site selection advantages."
Manufacturing job gains in Tennessee were led by the transportation equipment industry, which added 1,617 jobs or 3.2% over the year, and ranks first in the state for industrial jobs, employing 52,618. Job gains in the sector have outpaced Tennessee's overall growth, increasing by 32% or 12,600 positions over the past five years.
For the full report on Tennessee manufacturing, including a regional analysis, click here or visit http://www.mni.net/news/
The fabricated metals industry ranks as Tennessee's second-largest by manufacturing employment, with 40,372 workers, up 1.6%, while Tennessee's third-ranked fabricated metals industry accounts for 40,236 jobs, down 2.3%.
MNI's database recorded employment increases in a few other sub-sectors, including food products, up 3.6%, and primary metals, which rose 1%, and job levels in most other sectors remained steady over the year.
Industries shedding jobs included textiles/apparel, down 3.2%; furniture/fixtures, also down 3.2%; and printing/publishing, down 1.8%.
City data collected by MNI shows Memphis increased its industrial employment by 2.7% over the past year, and ranks first in the state for factory employment with 33,514 jobs. Second-ranked Nashville also gained industrial jobs, up 3.5% to 27,065.
Suggested Items
U.S. Companies Invest Heavily in Robots
04/30/2024 | IFRManufacturing companies in the United States have invested heavily in more automation: total installations of industrial robots rose by 12% and reached 44,303 units in 2023. Number one adopter is the car industry followed by the electrical and electronics sector.
Flex Receives Ericsson 2023 Supplier Sustainability Award
04/30/2024 | FlexEricsson recently awarded Flex with its 2023 Supplier Sustainability Award — the second time since 2021. The award recognizes the extended supply chain benefits from sustainable manufacturing operations in the Flex facility in Tczew, Poland, that runs on 100 percent renewable energy.
USPAE to Springboard U.S. Technology Forward
04/30/2024 | Marcy LaRont, PCB007 MagazineThe U.S. Partnership for Assured Electronics (USPAE) was launched as a nonprofit subsidiary of IPC in 2020, specifically to manage the DoD relationship and access to funding, and to develop a cooperative facility to develop UHDI capabilities in the U.S., not only for the defense sector, but for the whole of the U.S. electronics industry. It is a tall order, but industry veteran Joe O'Neil believes it will happen. Having been tasked with making the UHDI Capable Cooperative Production Facility (UCCPF) a reality, he provides an update on this important project for U.S. electronics manufacturing.
Real Time with… IPC APEX EXPO 2024: Insight into Summit Interconnect's Success
04/30/2024 | Real Time with...IPC APEX EXPOShane Whiteside, CEO of Summit Interconnect, discusses the company's recent recognition as one of the best PCB fabricators in the industry by receiving IPC's Peter Sarmanian award. Whiteside touches on the impact of changes in the marketplace, such as the Defense Production Act and presidential determination, on their growth. Whiteside also shares the company's focus on mechanical and data automation to enhance manufacturing processes and anticipates more automation and evolution in the industry.
Latest Test and Inspection Solutions from GOEPEL electronic at SMTconnect 2024
04/29/2024 | GOEPEL electronicGOEPEL electronic will be demonstrating automated test and inspection equipment at SMTconnect, taking place in Nuremberg from June 11 to 13, 2024.