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Florida Adds Manufacturing Jobs

Manufacturing job growth in Florida intensified over the past 12 months, according to data collected by Manufacturers’ News Inc. (MNI). MNI reports manufacturers in Florida added 3,921 jobs from March 2017 to March 2018 – double the number of jobs gained over the 2016-2017 survey period.

This marks the fifth straight year Florida has added industrial jobs. Currently, the state is home to 13,674 manufacturers employing 478,248 workers.

“Florida gets high marks for a number of site-selection factors, including an abundance of business incentives and capital, and also benefits from some of the most solid infrastructure in the nation,” says Tom Dubin, MNI president. “However, Florida faces tough competition from its neighbors, and its workforce often lacks the skills needed for more advanced processes in aerospace, electronics and other high-tech industries.”

The fabricated metals sector led gains over the past year and ranks first in the state for manufacturing employment with 47,266 jobs. Second-ranked electronics also added jobs, up a half percent to 46,786 workers, while third-ranked food processing held steady at 45,243 jobs.

Additional Florida manufacturing job gains were recorded in the furniture/fixtures industry, instruments/related products, industrial machinery and rubber/plastics. Offsetting these gains were job losses in primary metals, printing/publishing, textiles/apparel and transportation equipment.

Several new plant announcements in Florida bode well for the coming year, most notably Jinko Solar’s plans to break ground on a $410 million factory in Jacksonville and Nucor’s plans to establish a rebar mill in Frostproof. Over the year, Lockheed Martin established a new facility in Pinellas Park, while Dart Container and PGT Innovations expanded their facilities in Plant City and Miami.

Industrial locations announcing closures included Pre-Cast Specialties in Pompano Beach, and a Snyder’s-Lance snack food plant in Perry.

Jacksonville remains the state’s top city by industrial employment with 38,859 jobs. Employment in second-ranked Orlando grew 1 percent to 34,079 industrial jobs, while employment in third-ranked Miami declined 1.3 percent to 29,594 jobs.

 

Source:  Reliable Plant

4 properties

Daniel P. Cook

Daniel Cook is President and owner of Cook Commercial Realty, Inc. He has been licensed in Florida since 1988 and has tremendous knowledge and expertise in the commercial/ industrial sectors of North Dade, Hialeah, Medley, Doral, Airport West and South Broward submarkets. Our boutique-style brokerage company has a strong commitment to our client’s needs. WeRead more

Jason Lichten

Jason Lichten has over 19 years of experience in the commercial real estate and construction industry. In the past 19 years, Mr. Lichten has leased over 150,000 square feet of industrial space, 30,000 square feet of office space and leased over 40,000 square feet of retail space. In addition, Jason has managed over 3,000,000 square feetRead more

David Perlman

David Perlman is a licensed Sales Associate with Cook Commercial Realty Inc. As a Miami native, Mr. Perlman is intimately aware of the nuances of distinct real estate neighborhoods in the Miami-Dade area, with a focus on the commercial/industrial sectors.  He supports his customers through effective listening of their unique requirements, and works hard toRead more

Michele L. Horgan

Michele Horgan has been with Cook Commercial Realty, Inc. since January 2000. She is an executive assistant to the president with extensive experience in office management. Some of Ms. Horgans’ responsibilities include marketing, research, updating available inventory, accounts payable, and accounts receivable. She received her Florida Real Estate License in 2001.  This accomplishment not onlyRead more