Tag Archives: manufacturing industry

New Jersey Has a Thriving Food Manufacturing Industry

Posted on February 21st, 2018
nj manufacturing

Manufacturing In New Jersey breaks down into three major industries: the chemical industry, the computer and electronics, and food, beverage & tobacco industry. The latter becoming a huge contender to surpass the chemical industry in many areas as we’ll explore next. A thriving industry worth $104 billion, the food manufacturing industry is expanding at a whole new pace. Around 1900 food manufacturing companies currently employ a total of 44,000 people. A few of the best-known in the state are Campbell Soups, Arizona Brewing Company, and Goya Foods. When the world’s largest producer of soups agreed to buy Bolthouse Farms for about $1.55 billion, it sent ripples across the state. Expanding its footprints in the soup business, the company also decided to go into a strategic partnership with Chef’d, an e-commerce meal marketplace. President and Chief Executive Officer at Campbell Soup Company,…

Georgia’s Aerospace Manufacturing Industry has Their Economy Soaring

Posted on December 21st, 2017
Georgia Manufacturing

The state of Georgia is home to companies like Coca-Cola, UPS, Porsche, Mercedes Benz, Gulf Stream Aerospace, Pratt & Whitney, and Home Depot. In fact, Forbes ranks Georgia as the seventh best state for businesses. The pro-business climate, third best tax rating, and improved economy have together contributed to their being acknowledged for business. Manufacturing Industry The manufacturing industry employees around 373,700 workers while the state has the lowest manufacturing unionization rate of 5%. They host a highly-skilled workforce achieved through government programs such as the High Demand Career Initiative which provide 100% tuition fees for technical education in a high demand career area. Other factors, like producing low-cost electricity and sales tax exemption on energy, help fuel the economy and workforce. In 2015, manufacturing provided $54.82 billion to Georgia’s overall GDP with manufacturing sectors like food & beverages and tobacco products…