Michigan Gains Manufacturing Jobs for a Fourth Straight Year, Outpacing Nation’s Gains
By Business Wire News
Manufacturers’ News, Inc. — Manufacturing employment increased in Michigan for a fourth straight year, reports the 2015 Michigan Manufacturers Directory ®, an industrial database and directory published by Manufacturers’ News, Inc. (MNI) Evanston, IL. According to data collected by MNI, Michigan manufacturers added 14,089 jobs from February 2014 to February 2015, an increase of 2.1%, running ahead of the 1.7% national average increase reported by the Labor Department for the same time period.
Manufacturers’ News reports Michigan is now home to 13,915 manufacturers employing 675,400 workers. Industrial employment in Michigan has climbed 8.3% since February of 2011, recovering 40% of jobs lost during the recession, and overtaking the nation’s 5.8% rate of growth over this 4-year time frame.
“Michigan’s industrial base has achieved a remarkable turnaround following the recession’s steep losses, particularly in the all-important auto sector,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “The Big Three continue to expand in the state and investment programs such as the Michigan Strategic Fund have helped fuel start-ups and innovation. Tesla’s announcement last week that it will establish a manufacturing presence in Michigan is a definite boon to the state.”
According to Manufacturers’ News, employment gains were led by the transportation equipment sector, which climbed 2.4% over the year, and 8% over the past four years, ranking first in the state for industrial employment with 133,278 jobs.
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MNI reports Grand Rapids posted a 4.7% increase over the year. Manufacturing employment declined 3.5% in Detroit, but rose in the Detroit suburbs, with jobs in Warren up 8.9%; up 3.5% in Auburn Hills, and 2.2% in Sterling Heights.
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 allows users to tap into a live interactive database of manufacturers, while its industrial search engine IndustryNet 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.manufacturersnews.com
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Jennifer Ratcliff, (847) 864-9440 ext. 241