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Florida Manufacturing Job Growth Accelerates

 
 
 
 
Contact: Jennifer Ratcliff
Manufacturers' News, Inc.
(847) 864-9440 ext. 241
jratcliff [at] mni.net



EVANSTON, Ill, May 22nd, 2018/Manufacturers' News, Inc./-- Manufacturing job growth in Florida intensified over the past twelve months, according to data collected by MNI (Manufacturers' News, Inc.), publisher of industrial data for all fifty states. MNI reports manufacturers in Florida added 3,921 jobs from March 2017 to March 2018 – double the number of jobs gained over the 2016-2017 survey period.

This is the fifth straight year Florida has added industrial jobs, reports MNI. Currently, Florida is home to 13,674 manufacturers employing 478,248 workers.

Florida gets high marks for a number of site selection factors, including an abundance of business incentives and capital, and also benefits from some of the most solid infrastructure in the nation,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, Florida faces tough competition from its neighbors, and its workforce often lacks the skills needed for more advanced processes in aerospace, electronics, and other high-tech industries.”

MNI reports the fabricated metals sector led gains over the past year, with jobs up 2.2%. The fabricated metals industry ranks first in the state for manufacturing employment with 47,266 jobs.

Second-ranked electronics also added jobs, up a half percent to 46,786 workers, while third-ranked food processing held steady at 45,243

Additional Florida manufacturing job gains were recorded in the furniture/fixtures industry, up 6.4%, instruments/related products, up 3.8%; industrial machinery, up 2%; and rubber/plastics, up 1.3%.

Several new plant announcements in Florida bode well for the coming year, most notably Jinko Solar’s plans to break ground on a $410 million factory in Jacksonville, and North Carolina-based Nucor’s plans to establish a rebar mill in Frostproof. Over the year, Lockheed Martin established a new facility in Pinellas Park, while Dart Container and PGT Innovations expanded their facilities in Plant City and Miami.

Offsetting these gains were job losses in primary metals, down 5.2%; printing/publishing, down 3.5%; textiles/apparel, down 2.2%; and transportation equipment, down 1%.

Industrial locations announcing closures included Pre-Cast Specialties in Pompano Beach, and a Snyder’s-Lance snack food plant in Perry.

Central Florida is home to 212,644 or 45% of the state’s industrial workers, up 1% over the year, reports MNI. South Florida accounts for 178,419 manufacturing jobs, up a half percent, while Northeast Florida accounts for 60,848, up 2.7%. Industrial jobs in the Panhandle declined 2.2%, with the region home to 26,337 of the state’s workers.

City data collected by MNI shows Jacksonville remains the state’s top city by industrial employment, with 38,859 jobs, up 3.6% over the past year. Employment in second-ranked Orlando grew 1% to 34,079 industrial jobs, while employment in third-ranked Miami declined 1.3% to 29,594 jobs. Tampa accounts for 25,097 jobs, down 1.5%, while Fort Lauderdale accounts for 15,711, down 2.9%.

Established in 1912, MNI is the nation’s oldest and largest compiler of industrial information, offering tailored solutions to help customers connect with 430,000 manufacturers and suppliers. MNI’s industrial marketplace IndustryNet: http://www.industrynet.com is a one-stop resource that connects buyers with suppliers of 10,000 + products and services, and allows users to obtain competitive quotes, create and view company profiles, post company news releases, photos, videos, job openings, and more. MNI’s subscription service EZ Select: http://www.ezselect.com provides access to MNI’s live interactive database of manufacturers. For more information, contact MNI at 847-864-7000 or visit http://www.mni.net
 
 
 
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