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Maryland/DC Gained Industrial Jobs For The First Time In Four Years

 
 
 
 
Contact: Jennifer Ratcliff
Manufacturers' News, Inc.
(847) 864-9440 ext. 241
jratcliff [at] mni.net



EVANSTON, Ill, August 28th, 2017/Manufacturers' News, Inc./--Industrial employment in the Maryland/DC region inched up over the past year, according to data collected by Manufacturers' News, Inc. (MNI), publisher of industrial databases and directories for all fifty states. MNI reports Maryland/DC added 294 manufacturing jobs from May 2016 to May 2017, a negligible gain, but one that represents the region’s first net increase in several years.

Manufacturers’ News reports Maryland and the D.C. Metro Area is now home to 4,256 manufacturers employing 183,035 workers.

“The Maryland/DC region is a top destination for high-tech and innovative enterprises, and its educated workforce and abundance of capital have attracted numerous manufacturers, both domestic and foreign,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, the region’s high business costs continue to drag down hiring, and global competition remains a challenge.”

This is first the industrial employment increase MNI has recorded for the region since the 2012-2013 survey period in which the region added nearly 700 jobs. Overall, however, Maryland/DC has struggled to return from the recession, losing nearly 16,000 jobs or about 8% of its industrial workforce since May of 2009.

This was largely based on continued losses in Baltimore, which lost one percent of its industrial employment over the year, continuing a downward trend that has cost the state roughly 9,000 industrial jobs since May 2009.

Recent data suggests, however, that Baltimore’s industrial sector may be at the start of a turnaround, as Emergent BioSolutions expands its pharmaceutical plant in the city’s east end, and Holly Poultry ramps up hiring at its poultry processing facility.

The turnaround of the past year was largely based on gains in the transportation equipment, chemical processing and food products industries, which brought a combined 1,629 new jobs to the state.

Maryland/DC’s industrial job gains would have been larger were it not for continued losses in its printing/publishing sector, which shed nearly 500 jobs or 1.6%. Printing/publishing ranks first in the region for industrial jobs, employing 30,022.

Additional losses, though small, were recorded across a variety of sectors, and were sharpest among industries most vulnerable to global competition, including furniture/fixtures; primary metals; fabricated metals; and electronics.

The closing of the Labinal Power Systems plant in Salisbury was a major loss to the region, reports MNI, as was the shuttering of IdX Corp. in Columbia.

City data collected by MNI shows a number of cities in Maryland added industrial jobs, including Linthicum, which added 5.8% to its current level of 7,271 jobs, and Rockville, which added 3.2% to 5,584. Losses were reported in Columbia, down 4.2% to 6,525, and Frederick, down 4.1% to 5,085.

Established in 1912, MNI is the nation’s oldest and largest compiler of industrial information, offering tailored solutions to help customers connect with 430,000 manufacturers and suppliers. MNI’s industrial marketplace IndustryNet: http://www.industrynet.com is a one-stop resource that connects buyers with suppliers of 10,000 + products and services, and allows users to obtain competitive quotes, create and view company profiles, post company news releases, photos, videos, job openings, and more. MNI’s subscription service EZ Select: http://www.ezselect.com provides access to MNI’s live interactive database of manufacturers. For more information, contact MNI at 847-864-7000 or visit http://www.mni.net
 
 
 
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