Quick Facts about Manufacturing
- Contrary to popular belief and the media reports, manufacturing in the U.S. is Alive and Well.
- In fact, if the wealth created by manufacturing products in America is ranked against the Gross Domestic Products (GDP) of countries internationally, manufacturing ranks as the 8th largest economy in the world!
- The percentage of the United States' worldwide share of manufacturing business has remained at about 22% since 1980!
- Productivity gains account for most changes in manufacturing employment. However:
- The technology that drives productivity has also creates new opportunities for high tech workers in manufacturing.
- Demographic shifts will cause an enormous shortage in high tech workers in manufacturing in the next 10 years.
- Manufacturing is a highly prized and sought out economic development goal in Central Oregon.
- Our modern information age actually is changing the way in which consumers want products.
- Consumers today want customized products tailored to their needs.
- This trend favors manufacturing in small batches and even single piece orders made locally for the consumer.
- Lean practices and state-of-the-art computer controlled equipment permit customization of manufactured goods at lower costs not possible just a few years ago.
- This consumer trend also relates to a growing pattern amongst US manufacturers: size.
- 30-50 years ago, manufacturers tended to be large 300-500 employee firms.
- Today, nearly 60% of manufacturing companies have fewer than 10 employees and 40% have fewer than 5.
- Advanced technology and a smaller, yet highly trained workforce are becoming the strong suite of the modern American manufacturer.
In Central Oregon-
- There are a few 300 employee manufacturing companies.
- However- there is an ever growing number of 10-30 employee manufacturing companies.
- When these smaller 10 man companies hire, hiring 1 new employee is 10% of their work force!
- Having a certificate or degree from the MATC can make a difference in you getting that job!
MATC Certificates and Degrees