Tag Archives: manufacturing

The Manufacturing Industry Has Long Been a Part of Ohio’s DNA

ohio manufacturing

Manufacturing in Ohio has roots that run deep and long as one of the oldest sectors in the state which employs over 688K people and has an output of over $100 billion as of 2015.

This sector was responsible for more than $47 billion in exported goods and a 93.8% share in total goods exported. In 2015, Ohio traded $29.35 billion in exports with Free Trade Agreement Partners with trade exports of $29.15 billion through the Trans Pacific Partnership. In 2013 small business contributed to a 89.4% share of total exporters. The top five markets account for 66.80% of manufactured goods exported. The top five are Canada (41%), Mexico (13.3%), China (5.1%), France (3.9%), and the United Kingdom (3.5%).

Ohio is regarded as a very attractive state for aerospace manufacturing. The aerospace industry employees more than 110,000 people. The aerospace firms based in Ohio generate annual revenue of $44 billion. The top three employers in this sector include GE Aviation (General Electric unit), UTC Aerospace Landing Systems (United Technologies Corp) & Honeywell.

There are also many small independent manufacturers like CDMC that work to support the aerospace industry in one way or the other through their services or products and/or parts manufactured. New investments on the horizon will likely only improve our standing in the aerospace manufacturing industry.

 

Ohio also has a strong chemical and polymer industry. Many of the world’s fortune 1000 companies have their manufacturing plants here, including Goodyear Tire and Rubber Company, Parker Hannifin, PolyOne Corporation, and Schulman. The chemical and polymer industry employees 46,000 people with an average salary of $64,600 a year, which is 24% higher than some other manufacturing jobs.

The future of manufacturing in Ohio is looking bright with major investments lighting the pathway and as Ohio residents we can definitively say, “Ohio is one of the best states for manufacturing in the U.S.”.

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!

Continue reading »

Great Inventions & Manufacturing Have Always Been a Part of New Jersey

new jersey manufacturing

From air conditioning to bubble wrap, New Jersey has been the land of great inventions and manufacturing, which go hand in hand, for a very long time.

When we check the stats on New Jersey manufacturing, it’s easy to understand why they’re one of the top states in the country.

21 Fortune 500 companies call New Jersey home.

Johnson & Johnson, Campbell soups, and Goya foods dominate their respective industries and are headquartered here.

The manufacturing sector contributes to 7.8 percent of the state domestic product with over 7,222 units.

The sector contributes around $28.72 billion to the state’s exports.

Accounts for 245,000 jobs. These employees represent around 6.1 percent of New Jersey’s labor force.

The total output of the state’s manufacturing industry is around $44.52 billion.

The average annual compensation of an employee is $90,540.

**Sources from Center for Manufacturing Research

The chemical industry is the largest contributor to New Jersey manufacturing. In fact, nearly 18 percent of the statewide industrial sector consists of chemical industries. The sector employs around 49,000 workers and pays salaries well above the state average. Chemicals contribute around 37 percent of New Jersey’s total manufacturing output with the chemical industry generally divided into four sub-sectors:  pharmaceutical & medicine, cleaning compounds, toiletries, and paint, coating & adhesives.

New Jersey also has a long and a rich history within the food industry. It is home to Campbell Soup, one of the world’s leading food companies. This company rose to fame after John T. Dorrance developed the first condensed soup. One of the most significant Hispanic food companies, Goya Foods, also has been a cornerstone of the state’s business community since 1974. More recently, Goya unveiled its new state-of-the-art corporate headquarters in Jersey City as part of a $250 million investment. With another 1900 companies employing around 44,000 people, the state’s food industry is worth approximately $105 billion.

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!

Continue reading »

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!

Continue reading »