American manufacturing is making significant gains in 2017. A report published in September by the Institute for Supply Management (ISM), an industry not-for-profit, estimated that the gross domestic product of the manufacturing sector would grow by 4.4 percent by the end of the year. This growth trend, though nationwide, has been especially prominent in Massachusetts.
The monthly ISM report is a useful way to measure not just GDP growth but also more specific metrics of manufacturing success. For instance, the ISM report showed that employment in the manufacturing sector had grown for the 12th consecutive month. Raw material prices had risen by 9.5 percent, indicating disproportionate demand relative to the current supplies of those materials. In addition, the September ISM report showed that the growth was not driven by a single industry, but by broad-based improvements across the many different areas of the manufacturing sector.
With so much national growth occurring, it is unsurprising that Massachusetts, a state with more than 245,000 manufacturing workers, has been able to reap the benefits. Across the state, manufacturing companies have been making new investments in equipment and personnel. OMG Inc., a manufacturer of construction hardware based in Agawam, Massachusetts, recently put $15 million into expanding its heat-treating sector to increase its future outputs. Similarly, office furniture manufacturer AIS has invested in solar energy as a means of powering its facilities.
With the resurgence of the manufacturing sector in the state has come increased demand for skilled tradespeople to power it. The need for skilled workers is most keenly felt in advanced manufacturing industries, where the Massachusetts Department of Higher Education estimates a 2:1 disparity between workforce demand and supply. As more investments are made in manufacturing in Massachusetts, it is likely that this gap will continue to grow.
Growth in manufacturing and job creation has made Massachusetts an attractive option for experienced manufacturing workers looking for new career opportunities. In fact, our team at Micro Tech Staffing Group speak with local manufactures on a regular basis. If you’re thinking about finding your next career opportunity in manufacturing, please don’t hesitate to give us a call.