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Tennessee Gains Manufacturing Jobs For A Fourth Straight Year

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




EVANSTON, Ill, December 15th, 2015/Manufacturers' News, Inc./-- Tennessee manufacturing employment climbed for a fourth straight year, but at a slower rate than in previous years, reports the 2016 Tennessee Manufacturers Register®, an industrial database and directory published by Manufacturers' News, Inc. (MNI) Evanston, IL. According to MNI’s database of manufacturers, Tennessee gained 1,994 industrial jobs from September 2014 to September 2015, or a half percent.

Tennessee is now home to 6,828 manufacturers employing 386,185 workers. MNI reports the state has so far added 12,637 industrial jobs or 3.4% since September 2011.

Tennessee’s competitive labor costs, solid infrastructure and favorable business environment continue to draw manufacturers to the state, with the transportation equipment industry posting double-digit employment increases over the past several years,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, like many states, a shortage of skilled workers and a stronger dollar is putting a dent in growth.”

MNI reports gains were led by the transportation equipment industry, which increased 5.4% over the year and has climbed steadily over the past several years, adding 11,754 jobs or 30% since September 2009. Transportation equipment ranks as the state’s largest sector by number of jobs, employing 51,001.

The transportation equipment sector is expected to keep growing as Nissan ramps up hiring at its Smyrna plant, and GM adds jobs at its Spring Hill facility. Several Tennessee auto suppliers announced expansions over the year, including Topre America; DENSO; Duro Hilex; SaarGummi; Magneti Marelli; Yanfeng Automotive Interiors; and RemSource USA. In addition, auto supplier Proper Polymers plans to break ground on a new factory in Pulaski, and truck manufacturer Morgan Olson LLC will open a new plant in Loudon.

Other Tennessee industries adding jobs over the year included electronics, up 2.3%; rubber/plastics, up 2.2%; lumber/wood, up 1.2%; and furniture/fixtures, up 1.1%.

Industrial machinery, the state’s second largest sector by employment, held steady at 41,194 jobs, as did third-ranked fabricated metals, which employs 39,877.

Tennessee industries that lost jobs over the year included printing/publishing, down 4.7%; textiles/apparel, down 4%; primary metals, down 2.4%; and food products, down 1.5%.

Industrial locations announcing closures included a KIK Custom Products facility in Memphis; Innovative Hearth Products’ fireplace factory in Union City; and TS3 Technology’s electronics plant in Franklin.

MNI’s regional data shows Northeast Tennessee accounted for the largest share of gains, with jobs up 1.4% to its current level of 115,045 workers. Industrial employment in the state’s Southeast and Southwest regions rose 1% to 114,445 and 78,830 workers, respectively. Employment was virtually unchanged in Northwest Tennessee at 77,865 jobs.

City data collected by MNI shows Memphis is Tennessee’s top city by manufacturing employment, down 1.8% over the year to 32,751 jobs. Second-ranked Nashville lost 1% of its industrial employment, now accounting for 27,019. Industrial jobs in Chattanooga fell 1.6% to 22,330, and rose 2.3% in fourth-ranked Knoxville to 15,476. Fifth-ranked Kingsport accounts for 15,091 manufacturing jobs, reports MNI, down a half percent.

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