North Carolina’s Manufacturing Industry is Taking Flight

North Carolina Manufacturing

The first flight that gave us the wings to fly was the invention of two brothers in the state of North Carolina but now it’s the manufacturing industry’s turn to fly. While this is perhaps their most proud contribution, it doesn’t stop there. The state has seen various inventions that became household items for generations to come–Vicks Vaporub, the Barcode system or our beloved Coca-Cola. Like its invention history, North Carolina has a rich heritage in the manufacturing industry too.

Manufacturing Facts

Employing 10.6 percent of the total workforce, the manufacturing sector contributes around 20 percent of the state’s total revenue. Last year, the manufacturing industry generated a revenue of $100.07 billion. The average annual income of a manufacturing employee was $69,417. With 460,200 manufacturing employees, manufacturing is one of the most crucial income sources for the State.

When it comes to further classification of the state’s manufacturing arena, chemical products bag first place with an income or approximately $ 27,738 million. Food, beverage and tobacco products, along with computers & electronics come in second and third place with revenues of $18,839 & $9,855 million respectively. Other significant industries include machinery, transportation equipment & textile products.

Manufacturing Exports

In 2016,  the manufacturing sector contributed $28.06 billion through trade to the state’s economy. That same year, the Free trade Agreement (FTA) partners deposited $21.03 billion. Small businesses contributed to around 88 percent of total exports which demonstrate the underlying potential of  North Carolina’s manufacturing sector.

Chemical Products Manufacturing

Several major chemical companies such as BASF, DuPont, Bayer Crop Science, Procter & Gamble, and Clorox have pushed North Carolina to reach new heights. With an investment of $1.6 billion in chemical, plastics & pharmaceuticals manufacturing units, the state is planning to give a significant boost to this sector. After an 18 percent contribution by the chemicals and plastic industry to the state’s GDP from 2005 to 2014, there are around 993 firms in North Carolina, with over 75,000 jobs created. Today, the state stands as the 5th best industrial workforce across the country. It has a high growth rate of 1.5 which is well above the national average, with around 20,500 STEM degrees and certification courses conferred annually in the state.

Chemical Manufacturers Investment

Increased demand for DuPont’s Sorona means a big investment in North Carolina. By adding $30 million to its existing plant in Lenoir County in North Carolina, the company plans to extend its current capacity of 750 employees.  It’s the reason the Governor stated, “DuPont is North Carolina’s best-known employer.”

The major chemical company Albemarle, plans to invest $10.5 million over a period of the next five years and create 170-200 jobs. Impressed with the initiative, North Carolina Commerce Secretary Anthony M. Copeland said, “Albemarle Corporation is a global leader and has made the right decision to expand in North Carolina.”

The state that invented and manufactured airplanes also sustains the needs of society with basic household products. The North Carolina manufacturing sector improves the fabric of our country and is well-deserving to be on our list of the best manufacturing states in the nation.

For information on a deburring machine to fit your manufacturing needs or a free evaluation, contact CDMC today via contact form or call us at (216) 472-0200 to speak directly with one of our experts!

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Manufacturing Investment in Georgia is as Ripe as The Peaches

Georgia Manufacturing

The State of Georgia is known for many things. It’s one the original 13 colonies, is the state with “Seven Natural Wonders”, has the first college for women in the U.S., and 18 Fortune 500 companies call the state home. But of most interest to us, is that a major portion of the state’s GDP is contributed to by the manufacturing industry.

Manufacturing Statistics

The manufacturing industry contributes to 11.1% of the total output in the state, by employing 8.8% of the workforce. Total contribution in Georgia’s GDP was $54.82 billion in 2015. In addition, the manufacturing sector employed 373,700 people in 2015, with an average annual income of $67,365. The top three manufacturing industries in Georgia include food beverages & tobacco products, bringing in the substantial amount of $11 million. The transportation equipment & chemical industries boost the GDP by $9 million which means the economy benefits greatly from manufacturing with roughly $35.60 billion worth of goods exported to foreign countries from Georgia in 2015. In other words, exports from the manufacturing sector were 92.3% of the total exports of the state and helped Georgia to create around 21.3% of employment, or 209,071 people.

Automotive Industry

The automotive industry operates 250 facilities throughout Georgia while employing more than 18,000 workers. More than $9.5 billion worth of automotive exports is shipped through Georgia’s ports. Automotive manufacturing employment in Georgia is expected to grow by 11.9% by 2020 while vehicle body & trailer manufacturing are also projected to expand by 8.5%, with parts expected to increase by 8.1% respectively.

Automotive Investment

Mercedes Benz, the automobile luxury giant is planning to invest $74 million into Atlanta by moving its’ main office to the state. This move will generate at least 800 more jobs for Georgia.

The leading manufacturer of golf carts, Textron Specialized Vehicles Inc, is investing more than $40 million to build a new facility in Augusta. This investment will increase employment by 400 people in the state. The company markets its products under the E-Z-GO®, Cushman®, Bad Boy®, TUG™ and Douglas™ brands. The company currently employs more than 1,000 people in Georgia and has experienced an average annual workforce growth of more than 13% since 2010.

Porsche will assist in boosting the state’s superiority as an automotive giant even further by investing more than $100 million, when it shifts its’ headquarters to Atlanta. The huge 26.4-acre complex is going to need more than 400 new workers to staff.

A major chunk of the state’s workforce consists of employment from the automotive industry as we’ve detailed. Georgia is ninth in the nation for manufacturing. With giant automotive companies like Mercedes, Porsche, Honda, & Kia. Motors investing heavily in the state, employment in the automotive sector is getting a huge boost. With investment from the automotive industry, Georgia is ensuring maximum employment, driving its economy, and pushing the limits as a real contender in the nation’s economy.

This article brought to you by The Cleveland Deburring Machine Company. CDMC can provide a deburring solution for gears, sprockets, aerospace and defense, automotive deburring, power transmission, powdered metals, fluid power and custom deburring applications. Our no-charge application evaluation includes a detailed report and process description in as little as 3 to 5 business days. Contact CDMC today for a deburring machine that’s right for you.

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When it Comes to Manufacturing, Indiana Says “Start Your Engines”

Indiana Manufacturing

In 2016, Indiana’s current-dollar GDP was $341.9 billion and ranked 16th in the United States top contributors. With a Human Development Indicator (HDI) of 4.56, Indiana ranks as the 39th most developed state. Estimates predict that this year the manufacturing industry is expected to go beyond its previous impression of 16% of that figure.

Indiana’s economy is considered as one of the best in the United States for several reasons. It has a conservative industrial system, the low taxes levied on commercial and industrial establishments, and a set of relatively stable labor laws that have been in place since the 19th century.

Let’s go beyond the stats and take a look at the most important sectors within the state in addition to some of the most significant companies within each sector.

Pharmaceutical Industry

Within this industry Indiana is the top contributing state, followed by California. Indiana’s pharmaceutical industry exports about $6040 million worth of products each year. The production peaked in 2012 following a 24% annual growth rate. This explains why today, pharmaceuticals are so consolidated within the state.

The pharmaceutical company, Eli Lilly & Company, ranks as #76 on “Forbes America’s Top Public Companies” and is the major player in Indiana. It was founded in 1876 in Indianapolis, by a Swedish chemist Colonel Eli Lilly, and his primary motivation was the lack of availability of medicines to Americans suffering in the post-Civil War era. The company is also the 10th largest employer in the state. A huge plus of Eli Lilly & Co. is that its employees are considered the most valuable resource. This is the reason that has led them many times to invest both in their people and in the state.

Automotive and Parts Manufacturing

While Indiana is the #7 exporter of vehicles and its parts, it has one of the lowest annual growth rates from the top exporters. However, this statistic changes when we limit it to only motor vehicle parts and accessories, a classification we can say is the state’s strength. In this category they come in 4th place very close to their 3rd place competitor, Ohio.

Within the automotive industry, we find one of the most emblematic auto producers, Rolls Royce. They operate within the US and in several parts of Canada. However, none of its venues can compare with the one in Indianapolis, which employs over 4000 of the city’s residents. In 2015, the company decided to invest approximately $600 million in modernizing it’s plant and for technology research. The ex-governor and current Vice President of  the United States, Mike Pence commented that the company chose the state of Indiana because they offer “the business-friendly climate needed to succeed”.  The reason behind this Rolls Royce decision were the incentives offered by the state such as tax credits and a skills enhancement grant.

Medical Device Manufacturing

By 2012 medical device manufacturing was the fourth largest sector in Indiana, generating about $2.84 million, with a very promising annual growth rate of around 7%. It supplies approximately 20,000 jobs for the state and creates an even closer relationship with the NAFTA members who are its main buyers.

Also within this industry, we find the 2nd largest company in the state, Cook Group Inc., reaching revenues of 2.2 billion for the past year. Within this group, we find Cook Medical, which is the part of the company that’s responsible for the production of minimally invasive medical devices. It has 41 medical specialties, and around 16,000 products making a difference in the lives of patients all over the world. We can highlight anesthesiology, pediatrics, gynecology, urology, neurology, and obstetrics. By 2016, it employed about 2500 people and rewards its employees with a salary 56% higher than the state average.

The state of Indiana during the last decades has created an environment where manufacturing industries can continue to develop. These favorable policies, on the part of the state government, have allowed the people of Indiana to collect the fruits of their labor and making Indiana the 13th “Best Place for Business”.

This article brought to you by The Cleveland Deburring Machine Company. CDMC can provide a deburring solution for gears, sprockets, aerospace and defense, automotive deburring, power transmission, powdered metals, fluid power and custom deburring applications. Our no-charge application evaluation includes a detailed report and process description in as little as 3 to 5 business days. Contact CDMC today for a deburring machine that’s right for you.

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