Indiana Manufacturing Jobs Dropped 2.2 Percent in 2007
EVANSTON, Ill., May 12 /PRNewswire/ -- Industrial
employment in Indiana dropped 2.2% over the past 12 months
according to the 2008 Indiana Manufacturers Directory, a
compilation of state industry published annually by
Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports
Indiana lost 15,118 industrial jobs from March 2007 to March
2008 -- comparable to the 2.4% decline MNI reported for the
state during the 2006-2007 period and matching the 2.2% loss
experienced by the U.S. as a whole within the past 12 months.
"It was a record year for U.S. industrial output and
productivity, but improved technology and automation means it
requires fewer workers to produce these products," says Tom
Dubin, President of Manufacturers' News. "The good news is that
the industrial jobs that remain tend to pay more because they
require engineering and technology skills."
According to MNI, Indiana ranks 9th in the nation for
manufacturing employment and 13th for number of manufacturers.
MNI reports industrial employment in Indianapolis improved,
moving up two places in MNI's city ranking to #8 in the nation,
surpassing industrial employment in Dallas and St. Louis.
Manufacturers' News reports Indiana is home to 11,022
manufacturers employing 661,733 workers. MNI profiles
manufacturers of all sizes, including small, start-up companies.
Indiana's industrial employment losses reflect those seen across
the Midwest, with Michigan jobs down 5%, Illinois down 1.5%,
Kentucky down 2.3% and Ohio down 3.1%.
MNI reports Indiana's auto industry experienced a smaller
employment loss of 5% or 4,764 jobs, compared to the 12% loss
MNI reported for the sector a year ago. Auto industry jobs
currently account for 90,638 of the state's industrial workers.
Major plant closings in this sector include Viseton's
Connersville auto parts plant and a GDX plant in Wabash. As a
whole, the transportation equipment sector represents 16% of the
state's manufacturing employment, or 106,806 jobs down 3,710 or
3.4% over the year. Manufacturers of industrial machinery and
equipment represent 81,654 of the state's jobs, with no
significant employment change reported over the year.
Manufacturers of fabricated metal employ 68,611, down 2.7% over
the year.
Other sectors losing employment include lumber and wood, down
5.4%, rubber and miscellaneous plastics, down 4% and primary
metals, down 4.1%. Chemicals and allied products were down 2%,
due partially to planned cutbacks at drug maker Pfizer's Terre
Haute plant. Employment remained steady in the
furniture/fixtures sector, paper/allied products, and
electronics. Food products and printing/publishing were each up
1% over the year.
According to MNI, East Central Indiana accounts for the most
manufacturing jobs in the state, with 177,173 workers, and lost
half as many jobs as the year before, down 5,707 jobs, or 2.1%
compared to 9,471 or 5.1% lost in the 2006-2007 period.
Northeast Indiana also fared better this year, posting a 1.4%
loss of 2,439 jobs compared to a 2.3% loss of 4,455 jobs the
year before, and currently accounts for 176,163 of the state's
industrial jobs. Northwest and Southwest Indiana suffered
greater losses over last year's with Northwest Indiana down 4.4%
or 4,602 jobs for a total of 99,474 jobs for the region.
Southwest Indiana accounts for 79,937 jobs, down 3,617 or 4.3%
over the year. Southeast Indiana is home to 70,907 industrial
jobs, up a half percent over the year, while West Central
Indiana is home to 58,082 manufacturing jobs, with no
significant employment change reported.
MNI's city data shows Indianapolis accounts for 93,696 of the
state's industrial jobs or 14%, up 1,108 jobs or 1.2% over the
year. Fort Wayne is home to 28,025 jobs, down 1% over the past
12 months, while Elkhart is down the most at 2,974 jobs, or 9.2%
and currently accounts for 29,414 jobs. Evansville accounts for
20,405 industrial jobs, down 1.2%, while Columbus is home to
19,478 workers, up 1.1%.
Detailed profiles of Indiana's 11,022 manufacturers and 1,049
industrial distributors can be found in the 2008 Indiana
Manufacturers Directory, available in print for $134 and on
CD-ROM from $208. Each profile provides up to 30 facts,
including vital contact information (phone, web, e-mail), names
and titles of 36,840 key executives, product(s) manufactured,
annual sales, number of employees, and more. Visitors to http://www.mnileads.com/
may generate custom company selections using thirteen different
criteria, including area or zip code, county, SIC, sales volume,
number of employees, and more.
Manufacturers' News, Inc., publisher of manufacturers'
directories since 1912, compiles and produces manufacturing
guides, statistics and databases for all 50 states. For more
information, contact Manufacturers' News, Inc., 1633 Central
St., Evanston, IL, 60201, 847-864-7000, FAX 847-332-1100.
Source: Manufacturers' News, Inc.
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