SOURCE: Manufacturers News, Inc.

Industrial Database

March 22, 2016 10:55 ET

Vermont Manufacturing Employment Dipped Slightly in 2015

EVANSTON, IL--(Marketwired - March 22, 2016) - Manufacturers' News, Inc. -- Vermont manufacturing employment was little changed over the past year, reports the 2016 Vermont Manufacturers Register®, an industrial database and directory published by Manufacturers' News, Inc. (MNI) Evanston, IL. According to MNI's database of manufacturers, Vermont lost 256 manufacturing jobs from December 2014 to December 2015, a half percent decline.

Vermont is now home to 1,343 manufacturers employing 40,711 workers, reports MNI.

"High business costs, global competition, and limited capital funding have put Vermont manufacturing growth on hold," says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. "However, the state still holds much appeal for manufacturers, including a highly-educated and innovative workforce, and a flourishing food processing sector." 

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According to MNI's database, losses were led by the state's electronics industry, which suffered a 2.6% decline. Electronics ranks first in the state for manufacturing employment, employing 4,678.

Additional losses were reported in printing/publishing, down 3.9%; industrial machinery, down 2.5%; stone/clay/glass, down 2.5%; rubber/plastics, down 1.9%; and textiles/apparel, down 1.5%.

Losses were offset by gains in the state's food processing industry, with jobs up 2.1% to 5,918, ranking it first in the state for manufacturing employment. Other gains were recorded in transportation equipment, up 1.9% and fabricated metals, up 1.3%.

City data collected by MNI shows Essex Junction remains the state's top industrial city by number of jobs, accounting for 4,075 workers, down a half percent in 2015. Second-ranked Burlington accounts for 2,977 workers, down 1.3%. Industrial employment in Rutland climbed 2.9% to 2,032 industrial workers, and rose 6.2% in fourth-ranked Brattleboro to 1,937 jobs. Williston ranks fifth with 1,538 jobs, down 3.6% over the year. 

Established in 1912, Manufacturers' News, Inc. is the nation's oldest and largest publisher of industrial information. MNI offers a variety of tailored solutions to help customers connect with 430,000 manufacturers and suppliers. MNI's industrial database subscription service EZ Select (www.ezselect.com) allows users to tap into a live interactive database of manufacturers, while its industrial search engine IndustryNet (www.industrynet.com) connects buyers and suppliers and allows users to view profiles and obtain competitive quotes. For more information, contact Manufacturers' News, Inc. 847-864-7000. http://www.mni.net or follow MNI on Twitter: www.twitter.com/mfrsnews

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