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Nevada Industrial Employment Rose 1.4% In The Past Year

 
 
 
 
FOR IMMEDIATE RELEASE
Contact: Jennifer Ratcliff
Manufacturers' News, Inc.
1633 Central St.
Evanston, IL 60201
(847) 864-9440 ext. 241
jratcliff [at] manufacturersnews.com





EVANSTON, Ill, January 12th, 2015/Manufacturers' News, Inc./-- Nevada manufacturing employment climbed for a fourth straight year, reports the 2016 Nevada Manufacturers Directory®, an industrial database and directory published by Manufacturers' News, Inc. (MNI) Evanston, IL. According to MNI’s database of manufacturers, Nevada gained 766 manufacturing jobs from November 2014 to November 2015, or 1.4%.

Nevada is now home to 1,804 manufacturers employing 57,531 workers. MNI reports the state has so far added 3,361 industrial jobs or 6.2% since November 2011, recovering about 40% of losses suffered during the recession.

“After the recession’s precipitous losses, Nevada has come back as a prime location for a variety of enterprises, and massive projects planned by Tesla and Faraday Future will continue to boost employment for years to come,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “Although the state struggles with a shortage of skilled workers, it boasts a low cost of doing business and competitive incentive packages.”

MNI reports employment gains were led by the fabricated metals industry, which increased 4.7% over the year. The fabricated metals sector ranks second in the state for industrial employment, with 5,362 jobs.

Other industrial sectors reporting gains included industrial machinery, up 18%; lumber/wood, up 12%; primary metals, up 3.9%; rubber/plastics, up 3.5%; chemicals, up 2.6%; and transportation equipment, up 2%.

Bright spots for the state included electric car maker Faraday Future’s announcement that it will build a new factory in the state, snackmaker Boomchicapop’s plans to open a popcorn facility in Reno; the establishment of Hose Master’s new metal hose production facility in Sparks; and the opening of Parker Plastics’ new facility in North Las Vegas. In addition, expansions were announced by XTreme Manufacturing, LLC in Henderson, and New Millennium in Fallon.

Gains were offset by losses in metal mining, the state’s largest sector by employment, down 1.9% over the survey period to 6,664 jobs. Additional losses were reported in electronics, down 7%; stone/clay/glass, down 5.5%; and food products, down 1%.

City data collected by MNI shows Las Vegas is Nevada’s top city by manufacturing employment, up 2.4% over the year to 17,236 jobs. Industrial employment in second-ranked Reno climbed a half percent to 9,602 jobs, while jobs in third-ranked Sparks fell 6.4% to 4,341. Henderson ranks fourth with 4,222 jobs, down 4%, while Carson City ranks fifth with 4,186 jobs, up 7.6%

Detailed profiles of all Nevada manufacturers can be found in the 2016 Nevada Manufacturers Directory® 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. 847-864-7000. http://www.mni.net
 
 
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