FOR IMMEDIATE RELEASE
Contact: Jennifer RatcliffManufacturers' News, Inc.
1633 Central St.
Evanston, IL 60201
(847) 864-9440 ext. 241
lost 11,942 manufacturing jobs and 6 plants over the past 12 months according to the 2006 Kentucky
Manufacturers Register, a manufacturers’ guide published annually by Manufacturers' News, Inc.
, Evanston, IL.
The Blue Grass State is now home to 6,195 manufacturers employing 330,272 workers compared to the 6,201 plants and 342,214 workers reported a year earlier. Kentucky
enjoyed a net gain of 273 plants over the past 5 years but in the same time period lost 26,381 manufacturing jobs, according to Manufacturers’ News, which has been conducting the yearly census since 1983.
According to Tom Dubin, President and CEO of Manufacturers’ News, these numbers reflect a growing U.S. trend in which greater efficiencies in manufacturing due to technological advancements and increases in labor productivity have diminished the need for a large workforce: "Manufacturing capacity utilization is at a four-year high, and production continues to climb,” said Mr. Dubin.
“Unfortunately, this hasn't translated into increased employment, as companies are finding ways to increase efficiency and trim costs through technology and outsourcing"
Louisville remains Kentucky
’s industrial leader, housing 1,178 plants, or 19% of Kentucky
’s manufacturers as reported in the new edition. Kentucky
’s second largest city, Lexington, accounts for 390 of Kentucky
’s 6,195 plants.
According to the 2006 edition, 35% of Kentucky
’s manufacturing plants are located in the five counties that house some of the state’s largest cities. Jefferson, Fayette, Boone, Kenton, and Warren counties account for 2,168 plants.
Within these counties, the cities of Louisville, Lexington, Florence, Erlanger, and Bowling Green account for 1,909 plants or 31% of Kentucky
52% of Kentucky
’s manufacturers fall within 5 of the 26 types of industries listed in the 2006 Register. Industrial machinery and equipment tops the list with 834 manufacturers. Printing and publishing ranks as the second largest industrial sector with 695 plants statewide, while lumber and wood products rank third with 626 pants.
Fourth-ranked metal fabricating has 600 such firms listed in the new edition. The stone, glass and concrete industries rank fifth with 442 plants.
Detailed information on all of Kentucky
’s 6,195 manufacturing companies can be found in the 2006 Kentucky
Manufacturers Register, a comprehensive manufacturers’ directory published annually by Manufacturers' News, Inc.
Each industrial business directory provides an in-depth company profile of up to 30 facts, including addresses, phone and fax numbers, web and email addresses, product(s) manufactured, names and titles of key executives, area of distribution, annual sales, number of employees, brand names, year established and more.
The 672-page Register displays this information alphabetically in five ways: by company name, product, city, industry, and parent company. A sixth section contains county/city breakdowns for Kentucky
, along with county, zip codes and area code maps.
Industry data compiled by Manufacturers’ News is also available on CD-ROM. This extensive manufacturing database allows users to select and sort manufacturing companies using up to ten different criteria, including area or zip code, county, SIC, sales volume, number of employees, title function and more. This information can be downloaded from the Internet. Manufacturers' News, Inc.
, in Evanston, Illinois
, has been publishing directories of manufacturers since 1912 and has since evolved into a complete source of U.S. industrial information. MNI
compiles, provides and/or distributes manufacturing guides and manufacturing databases for all 50 states. The 2006 Kentucky
Manufacturers’ Register is available in print for $98, and on CD-ROM from $149 to $425. For more information, contact Manufacturers' News, Inc.
, 1633 Central St., Evanston, IL, 60201, 800-221-2172, FAX 847-332-1100. On the web go to www.manufacturersnews.com