Speaking of Precision Blog

Speaking of Precision

Speaking of Precision is a knowledge preservation and thought leadership blog covering the precision machining industry, its materials and services. With over 36 years of hands on experience in steelmaking, manufacturing, quality, and management, Miles Free (Milo) Director of Industry Research and Technology at PMPA helps answer "How?" "With what?" and occasionally "Really?"

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Top Ten Employment Gaining Sectors in Manufacturing November 2011

Posted December 16, 2011 8:30 AM by Milo

Just the top five manufacturing sectors shown below contributed 239,900 net new jobs in 2011 year to date through November according to BLS data.

Precision Machine shops like PMPA members are impacted as follows:

  • Transportation Equipment: This sector makes up a large share of precision machined industry shipments.

  • Fabricated Metals:
    1. Precision machining is a subset of Fabricated Metals. From our conversations with shop owners almost every shop is looking for skilled people for immediate work
    2. Many of our products are sold to customers that are also considered Fabricated Metals.

  • Machinery: We both purchase machinery and make components that are critical to the manufacture of machinery and equipment.

  • Motor Vehicles and Parts: This is traditionally the largest market served by the precision machining industry.

  • Primary Metals: Our suppliers of the majority of raw materials machined.

  • Semiconductors, Computers: Yep. We make parts for these as well as equipment used in their manufacture.

  • Beverages and Tobacco: That fountain drink you purchased probably was dispensed through nozzles and fittings made by a precision machine shop.

  • Chemicals: We make important sensor, fitting, and pressure vessel components for these. Better things for better living industry.

Bottom Line: almost a quarter million net new manufacturing jobs have been added so far in 2011 in manufacturing areas directly related to proecision machining.

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#1

Re: Top Ten Employment Gaining Sectors in Manufacturing November 2011

12/16/2011 11:32 AM

As chemicals are a consumable, I am surprised they are at the bottom of the list for creating new jobs.

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#2
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Re: Top Ten Employment Gaining Sectors in Manufacturing November 2011

12/16/2011 12:33 PM

Well, it is the chemicals that are consumable, not the employees. :-)

Sorry, just had to say that, but there is a subtle truth to it.

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Re: Top Ten Employment Gaining Sectors in Manufacturing November 2011

12/16/2011 3:20 PM

Ha Ha' just thought new product Dev & use would have made it more of a growing industry. :-)

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