Date and Time
Saturday Oct 29, 2011
Description
Have you ever wondered where common items like cell phones, your child's braces or the airplane you’ll take on your next vacation are made? The answer: right in your own back yard!
On Saturday, October 29 we invite you to tour a manufacturing company (or two or three!) in your area. You drive by these buildings every day; here’s your opportunity to see exactly what goes on inside. The answer may surprise you!
Modeled after the “Parade of Homes” concept, Minnesota’s manufacturing companies will open their doors to the general public during the state-wide Minnesota Tour of Manufacturing.
The public is invited to attend as many or as few manufacturing tours as they’d like on October 29 – FREE of charge!
Visit our map to find manufacturing companies in your area!
Manufacturing Fast Facts
Courtesy of POSITIVELY MINNESOTA
Minnesota has 300,200 manufacturing jobs statewide or 14 percent of all private-sector jobs.
Manufacturing contributes more than $30 billion to the state economy and represents 17 percent of the Minnesota's gross domestic product.
Manufacturing pays an average annual wage of $53,612 per employee, eclipsing construction, real estate, and agriculture.
Across the state, manufacturing accounts for between 6 percent and 18 percent of total employment, depending upon the region.
Most manufacturing jobs in Minnesota are concentrated in these products:
- Computer and electronic products
- Food manufacturing
- Fabricated metal products
- Machinery
Each manufacturing job supports another 1.3 jobs elsewhere in the economy through supplier purchases and employee spending. In all, manufacturing accounts for nearly 800,000 jobs or about 29 percent of all jobs in Minnesota.
Manufacturing has the second-largest payroll of any business sector in the state, providing $16.1 billion in 2009 wages.
Manufacturing exports brought more than $17.2 billion into the Minnesota economy in 2010.
Canada is Minnesota's top manufactured export market at $4.6 billion in sales in 2010, followed by China and Japan.
Minnesota's top manufactured export is computers and electronics at just more than $4 billion, followed by machinery, transportation equipment and miscellaneous (mostly medical devices).
Minnesota is a national leader in manufactured medical devices, which contribute significantly to the state’s gross domestic product. The export category that includes medical devices accounted for $1.6 billion in manufactured exports in 2010.
Medical device businesses research, develop and produce everything from catheters and pacemakers to dental instruments, eyeglass lenses and hearing aids.
Renewable energy is another stronghold of the manufacturing sector that it has the potential for providing great support to Minnesota’s economy in the future.
