Thursday, February 3, 2011

Good News About the Region - MANUFACTURING IN THE DAYTON REGION

Information provided by David McDonald Author of "Saving America's Cities"

Within the Dayton Region are 2,500 manufacturing companies, employing 120,000 people. These companies create an annual payroll of $1.6 billion, create $59 billion in annual sales and have been responsible for $2.3 billion in economic development. This $2.3 billion in economic development was generated between 2006-2008! It created 7,888 jobs! Each dollar of sales could have a ripple effect of $2.18 in regional sales because of the area’s strong manufacturing cluster.

The Dayton Region is one of the largest tooling, machining and material processing centers in the US. FUTURE GROWTH: Data analysis identifies advanced manufacturing as a strategic growth industry in the Dayton Region. Four areas of manufacturing concentration – aerospace, computer/electronics; chemical, plastic and rubber; and metalworking and machining – are expected to add a significant number of jobs in the next ten years. To make sure the Dayton Region is poised to meet this demand, the Region’s academic, public and private sectors are collaborating to align workforce education and training programs with manufacturer’s needs.

No comments: