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Indiana Manufacturing Maintains Success by Investing in Both Business and People

Posted on December 7th, 2017
Indiana Manufacturing

Indiana is one of the most favorable manufacturing economies in the United States with low taxes on industrial and commercial establishments which is why it was named the “13th Best Place for Business” by Forbes magazine. In 2016, Indiana’s GDP grew 1.5 percent. According to the US Department of Commerce, Indiana’s durable goods manufacturing represented 16% of that total, and non-durable goods manufacturing made up 13%. It is estimated that this year the manufacturing sector is expected to break all previous metrics. Indiana proudly impacts the pharmaceutical industry both in the US and around the world. In fact, they are the 11th strongest pharmaceutical industry within the U.S. for the most exports. The primary destination of the exports are Europe and Asia. Eli Lily is the main pharmaceutical player in the state and is the 10th largest employer. In addition…

The Automotive Industry Fuels Michigan’s Manufacturing Economy

Posted on November 14th, 2017
Michigan manufacturing

Manufacturing is in Michigan’s DNA. Michigan consistently takes 1st or 2nd place among states countrywide with the number of manufacturing jobs created each year. It contributed approximately $2.18 trillion to the nation’s economy in 2016 and 19% of the state GDP comes from the manufacturing sector, which makes Michigan the sixth biggest manufacturing state in the country. Since 2010, Michigan reports a tremendous growth of 24.49% each year in manufactured goods exports.  In 2016, about $52.05 billion in goods were shipped from Michigan. The automotive industry is the fuel that ignites Michigan’s manufacturing economy. It generates an enormous $36,953 million revenue. Furthermore, this industry provides employment opportunities to 20% of the state’s population. Let’s look at 2 of the big automotive manufacturing companies in detail. Ford Motor Co. In 2016, the company generated $151.8 billion in revenue while Ford’s global…