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America’s Comeback State continues to lead the country in new manufacturing job creation with manufacturing employment in Michigan increasing for a fourth straight year, according to the 2015 Michigan Manufacturers Directory, an industrial database and directory published by Manufacturers’ News Inc. Michigan manufacturers added 14,089 jobs from February 2014 to February 2015, an increase of 2.1 percent compared to the national average increase of 1.7 percent for the same period.
“Michigan’s industrial base has achieved a remarkable turnaround following the recession’s steep losses, particularly in the all-important auto sector,” says Tom Dubin, president of Manufacturers News. “The Big Three continue to expand in the state and investment programs such as the Michigan Strategic Fund have helped fuel start-ups and innovation. Tesla’s announcement last week that it will establish a manufacturing presence in Michigan is a definite boon to the state.”
Manufacturers’ News reports Michigan is now home to 13,915 manufacturers employing 675,400 workers. Manufacturing jobs in Michigan have climbed 8.3 percent since February 2011, recovering 40 percent of jobs lost during the recession and overtaking the nation’s 5.8 percent rate of growth during the four-year time frame.
“This news reflects what Michigan is all about—we make things and we make them better than anyone else,” said Michigan Economic Development Corporation Chief Executive Officer Steve Arwood. “We have reinvented our business climate under Governor Rick Snyder with swift and wide-ranging reforms, and these improvements are driving growth for manufacturers in diverse sectors around the state.”
To read the full Manufacturers’ News announcement, visit here.
Michigan’s many business climate changes have resulted in other noteworthy improvements as seen in this infographic.
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