Contact: Jennifer RatcliffManufacturers’ News, Inc.
(847) 864-9440 ext. 241
jratcliff [at] manufacturersnews.com
EVANSTON, Ill, May 6th, 2010 /Manufacturers’ News, Inc.
/-- Industrial employment in Indiana
fell 6.9% over the past twelve months according to the 2010 Indiana
Manufacturers Directory, an industrial directory published annually by Manufacturers’ News, Inc.
) Evanston, IL. MNI
lost 39,441 industrial jobs between March 2009 and March 2010, a smaller loss compared to the 51,000 manufacturing jobs MNI
reported lost in the 2008-2009 survey period.
Manufacturers’ News reports Indiana
is now home to 10,253 manufacturers employing 571,040 workers.
“The recession, combined with a general slowdown in U.S. automobile manufacturing, contributed to the employment decline,” said Tom Dubin, President of Manufacturers’ News. “But Indiana
industry has fared better than in neighboring states, and is poised to recover when demand finally picks up for durable and nondurable goods.”
The transportation equipment sector saw one of the largest declines in employment, down 10.2% over the year, after losing 15% over MNI
’s 2008-2009 survey period. The sector currently accounts for 81,419 industrial jobs. Transportation equipment manufacturers shedding jobs or closing down over the year included Wabash National Corp., Raytheon, Metaldyne Corp., Meridian Automotive Systems, Columbus Components Group and Autoliv, among others.
The transportation equipment sector may be poised for a recovery, however, with planned expansions of several facilities including the GM Powertrain Division in Bedford, RV manufacturer Dometic LLC, Lear Corp., Heartland Recreational Vehicles, Morris Manufacturing, Transwheel Corporation and Riverside Travel Trailer. In addition, fuel-efficient RV manufacturer Earthbound RV, LLC, plans to open a plant in Marion and Vixen Composites, LLC, a manufacturer of structural panels for the RV industry, plans to open a facility in Elkhart.
Industrial machinery and equipment ranks as the state’s second largest manufacturing sector by employment, with 72,261 industrial workers, down 7.8% over the year. Third-ranked fabricated metal accounts for 57,640 industrial jobs, down 11% over the year. MNI
reports other sectors that lost jobs over the past twelve months included electronics down 10.7%; furniture/fixtures down 7.6%; stone/clay/glass down 6.7%; rubber/plastics down 6.4%; textiles/apparel down 6.5%; lumber/wood down 6.2%; primary metals down 6%; paper products down 4.8%; printing/publishing down 2.7% and chemicals down 1%. Food products manufacturing was a rare bright spot, up 1%. MNI
reports industrial jobs declined the most in Northeast Indiana
, down 8.6% over the year, with the region currently accounting for 142,591 jobs. The East Central region of the state saw manufacturing jobs fall 7.8%, but still accounts for the most jobs in the state with 152,302 industrial workers. Factory employment fell 6.7% in West Central Indiana
, with the region home to 49,571 industrial jobs, while Southeast Indiana
saw a drop of 5.7%, currently home to 63,417. Northwest Indiana
accounts for 92,612 industrial jobs, down 3.9%, and Southwest Indiana
accounts for 70,547, down 3.4%. Indiana
polis remains the state’s top city by industrial employment with 78,284 manufacturing jobs, down 8.5% over the year. Fort Wayne saw employment decrease 4.1% and is currently home to 25,651 industrial workers. Elkhart accounts for 23,487 industrial jobs, down 12.9%, while Evansville accounts for 18,800, with no significant change reported over the year. Fifth-ranked Columbus saw jobs drop 6.2% and currently accounts for 17,477 industrial jobs.
Detailed profiles of Indiana
’s 10,253 manufacturers and 1,317 industrial distributors can be found in the 2010 Indiana
Manufacturers Directory, available in print for $138 and on CD-ROM from $221. Each profile provides up to 30 facts, including vital contact information (phone, web, e-mail), 37,721 executives by name and title, product(s) manufactured, annual sales, number of employees, and more. Visitors to mnileads.com may generate custom profiles of manufacturers using thirteen different criteria, including area or zip code, county, SIC, sales volume, number of employees, and more. Information is also available on facebook and twitter.Manufacturers’ News, Inc.
, publisher of manufacturers’ directories since 1912, compiles and produces manufacturing guides, statistics and databases for all 50 states. MNI
also maintains IndustryNet.com
, an industrial search engine designed specifically for locating manufacturers and suppliers nationwide. For more information, contact Manufacturers’ News, Inc.
, 1633 Central St., Evanston, IL, 60201, 847-864-7000, FAX 847-332-1100.