FOR IMMEDIATE RELEASE
Contact: Jennifer RatcliffManufacturers' News, Inc.
1633 Central St.
Evanston, IL 60201
(847) 864-9440 ext. 241
jratcliff [at] manufacturersnews.com
EVANSTON, Ill, October 27th 2015/Manufacturers' News, Inc.
/-- Industrial employment growth in Missouri
stalled over the past year, reports the 2016 Missouri
Manufacturers Register®, an industrial database and directory published by Manufacturers' News, Inc.
) Evanston, IL. According to MNI
’s database of manufacturers, Missouri
shed 1,397 industrial jobs from August 2014 to August 2015, about a third of a percent, its first loss since the 2010-2011 survey period.MNI
is now home to 7,559 manufacturers employing 362,014 workers.
“Like many states, Missouri
is struggling with depressed global markets and stronger dollar, which is putting a dent in manufacturing employment growth,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, the state’s solid infrastructure and business-friendly environment is helping many industries thrive in the state, especially the transportation equipment sector, which continues to see healthy post-recession growth.”MNI
reports employment in transportation equipment increased 7.6% between August 2010 and August 2015, recovering 27% of the 11,879 jobs lost during the recession. Transportation equipment currently ranks as the state’s second largest sector by number of jobs, employing 45,145, up 1.7% from a year ago.
Bright spots for the industry include Ford’s expanded hiring at its Kansas
City assembly plant, the opening of Faurecia’s seating plant in Wentzville; and the establishment of Boeing’s new assembly plant in St. Louis.
Food processing, the state’s top sector by number of jobs, also helped to offset losses, up 1% over the year to its current level of 52,128. Other industries posting gains over the year included instruments/related products, up 2.9%; textiles/apparel, up 1.4%; and lumber/wood, also up 1.4%.
Industries reporting losses included printing/publishing, down 3.9%, due partially to the closure of LifeTouch’s publishing facility in Kansas
City. Stone/clay/glass declined 2%, fabricated metals fell 1.5%, and industrial machinery also declined 1.5%. Chemical processing posted a 1.2% employment loss, following the closures of Forest Laboratories in Earth City, and Bayer Healthcare’s veterinary products plant in St. Joseph. MNI
’s regional analysis shows Northwest Missouri
suffered the largest share of losses, with jobs down 1.1% to its current level of 94,094 workers. Industrial employment in Northeast Missouri
fell 1% to 24,997 workers. Southwest Missouri
held steady at 68,666 jobs, as did the state’s Southeast quadrant, which accounts for the most workers in the state, at 174,257.
Industrial jobs in St. Louis remained steady over the year, with the city home to the most manufacturing jobs in the state, numbering 80,211. Kansas
City posted a half percent loss, with the second-ranked city home to 44,958 jobs. Employment was unchanged in third-ranked Springfield, which currently accounts for 16,459 jobs, while fourth-ranked St. Joseph accounts for 10,365 workers, up 1.9% over the year. Joplin also posted a gain, up 1% over the past year, and currently accounts for 8,228 industrial jobs.
Detailed profiles of all Missouri
manufacturers can be found in the 2016 Missouri
Manufacturers Register® available in print or online. 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, from print directories to online subscriptions. MNI
’s industrial database subscription service EZ Select: http://www.ezselect.com
allows users to tap into a live interactive database of manufacturers, while its industrial search engine IndustryNet http://www.industrynet.com
connects buyers and suppliers and allows users to view profiles and obtain competitive quotes. MNI
’s traditional print directories are published for each state and include in-depth profiles of every manufacturer in the U.S. For more information, contact Manufacturers' News, Inc.