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New Mexico Manufacturing Jobs Decline For A Second Straight Year

 
 
 
 

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




EVANSTON, Ill, April 3rd, 2017/Manufacturers' News, Inc./--Manufacturing jobs in New Mexico declined for a second straight year, according to industry data collected by Manufacturers' News, Inc. (MNI), a publisher of industrial databases and directories for all fifty states. MNI reports factory employment in New Mexico fell by 1,009 jobs in 2016 or 2%.

New Mexico’s 1,938 manufacturers employ 53,205 in the state, reports MNI. New Mexico’s manufacturing employment had gained some ground post-recession, adding 7,290 industrial jobs between 2012 and 2014. However, the losses of the past two years have erased about a third of those gains.

“The oil industry’s bust had a significant impact on New Mexico’s industrial sector over the past several years, and finding skilled workers and project funding can be a challenge,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “However, the NMEDD has helped a few key enterprises locate to New Mexico, and many of the state’s traditional industries, such as food processing, have held steady these past two years.”

Manufacturing job losses in New Mexico were led by the oil/gas sector, which shrank by 2.4% in 2016, but remains the state’s top industry by employment with 9,622 jobs. Second-ranked electronics also posted a loss, down 3.1% to 6,364 jobs.

Additional losses were reported in printing/publishing, down 7%; stone/clay/glass, down 6%; chemicals, down 5.1%; and lumber/wood, down 3.8%.

Apart from a slew of oil/gas layoffs, some large manufacturing operations announced closures in New Mexico, including Coca-Cola, which shuttered its Clovis plant; Caterpillar, which closed its Santa Fe operation; and Signature Offset, which closed its printing facility in Las Cruces.

These losses were offset, however, by employment gains in fabricated metals, up 8%; rubber/plastics, up 3.1%; and food processing, up 1%.

Bright spots for the state included Niagara Bottling’s plans to establish a water bottling facility in Los Lunas, and Pecan Brewery’s announcement that it will open a bottling plant in Las Cruces. In addition, Keter Plastics has a $36 million plant in the works, slated to open in the former Solo Cup factory in Belen.

Job losses were most severe in the eastern half of the state, says MNI, with employment down 13% in Northeast New Mexico to 3,237 workers, and 6% in Southeast New Mexico to 11,726. By contrast, industrial jobs held steady in the Northwest quadrant at 32,536 positions, and rose 2.1% in the Southwest to 5,706.


City data collected by MNI shows Albuquerque remains the state’s top city by industrial employment, with 18,137 jobs, down a half percent in 2016. Farmington jobs rose 1.3% to 5,146 workers, and climbed 1.2% in third-ranked Rio Rancho to 4,583. Industrial jobs in fourth-ranked Hobbs declined 7% to 3,392 workers, and fell 4.5% in fifth-ranked Carlsbad to 3,090.

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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