MNI statistics indicate Indiana is now home to 11,625 manufacturers employing 701,005 workers, ranking it 11th in the nation by number of manufacturers and 8th in the U.S. by industrial employment.
According to MNI's ten-year study, the Hoosier State lost twice as many jobs over the past 5 years as it had gained between 1996 and 2000. Indiana lost over 40,000 industrial jobs between 2001 and 2006 compared to the 20,000 jobs the state gained in the 5 years preceding.
"Manufacturing capacity utilization is at a four-year high, and production is climbing," said Tom Dubin, President of MNI, "Unfortunately, this hasn't translated into increased employment, as companies find ways to trim costs through technology and outsourcing."
Indiana's 1% job loss in 2005 is moderate compared to its neighbors. MNI data shows Illinois lost 3% manufacturing employment while Ohio lost 2.7%.
Indianapolis remains Indiana's industrial leader with 1,491 plants. MNI reports the city gained 38 plants in 2005. Other major manufacturing cities include Fort Wayne, Elkhart, Evansville and South Bend. These cities account for 29% of Indiana's manufacturing plants.
The 2006 Directory reports Indiana's top three industries by number of plants are industrial machinery/equipment, printing and publishing, and metal fabricating.
MNI reports top industries by employment are motor vehicle parts and accessories plastic products, and blast furnaces and steel mills.
Detailed information on all of Indiana's 11,625 companies can be found in the 2006 Indiana Manufacturers Directory, published by Manufacturers' News, Inc. The 1,048 page directory is available for $134, and provides an in-depth company profile of up to 30 facts, including addresses, phone/fax numbers, web/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. Indiana's 81-company gain reflects newly opened businesses as well as firms that were not listed in previous editions
MNI's Indiana data is also available on CD-ROM from $195 to $557. Users may select manufacturing companies using thirteen different criteria, including area or zip code, county, SIC, sales volume, number of employees, title function and more. This information can be downloaded from at http://www.mnileads.com .
Manufacturers' News, Inc. Evanston, IL, publisher of manufacturers' directories since 1912, compiles and distributes manufacturing guides, statistics, and databases for all 50 states. For more information, contact Manufacturers' News, Inc., 1633 Central St., Evanston, IL, 60201, 847-864-7000, FAX 847-332-1100. http://www.manufacturersnews.com .
Top 5 Indiana Cities by # of Manufacturing Plants Gain/Loss Gain/Loss City 2006 Plants over 1 year over 5 years 1 Indianapolis 1,491 +38 +4 2 Fort Wayne 621 +5 +5 3 Elkhart 581 -12 -5 4 Evansville 393 +6 +6 5 South Bend 290 -7 -23
CONTACT: Jennifer Ratcliff, Manufacturers' News, +1-847-864-9440, ext.
241, Email Contact