EVANSTON, Ill.--(EON: Enhanced Online News)--Industrial employment in Montana was little changed over the past year, with the state posting a slight gain, according to the 2014 Montana Manufacturers Directory®, an industrial directory and database published by Manufacturers’ News, Inc. (MNI) Evanston, IL. MNI reports Montana gained 170 manufacturing jobs from August 2012 to August 2013, or about a half percent, with gains largely due to the Bakken oil and gas boom.
“Montana ranks as a great place to do business”
Manufacturers’ News reports Montana is now home to 1,861 manufacturers employing 29,588 workers.
“Montana ranks as a great place to do business,” says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912. “The state’s winning mix of low business costs and abundant natural resources has resulted in many companies investing in its industrial sector, particularly those in the oil and gas industries.”
According to MNI, employment in Montana’s oil and gas extraction sector increased 38% over the survey period. Oil and gas extraction currently employs 1,359 Montana workers, and ranks 8th in the state for industrial employment. Petroleum products ranks 7th in the state with 1,462 jobs, up 3.7%. Additional employment gains were seen in fabricated metals, up 5%; electronics, up 3.9%; stone/clay/glass, up 3.7%; and chemicals, up 3.4%, according to MNI data.
Bright spots for the state included Boeing’s recent announcement that it plans to expand its assembly plant in Helena; the opening of luggage maker Red Oxx’s new factory in Billings; the expansion of office furniture maker Accurate Casework Industries in Evergreen; and the establishment of a Proof Research high-tech firearms manufacturing facility in Columbia Falls. In addition, Franz Bakery recently re-opened a Sweetheart Bakery facility in Billings after that location closed due to the bankruptcy of parent company Hostess Brands.
Montana’s largest sectors by employment all posted small losses over the year, reports MNI. The lumber and wood sector accounts for the most industrial employment in the state with 3,633 jobs, down about one percent. Second-ranked printing/publishing accounts for 2,822 jobs, down 1.9% over the year. Employment in food products manufacturing dropped 3.3%, with the third-ranked sector accounting for 2,567 jobs.
Other losses were seen in furniture/fixtures, down 7.8%; transportation equipment, down 7.7%; and textiles/apparel, down 2.5%.
According to Manufacturers’ News, Northwest Montana accounts for the most industrial employment in the state with 11,685 jobs, down 1.1% over the past twelve months. Southeast Montana accounts for 8,393 jobs, down about a half percent, while the Southwest region accounts for 7,601, up 1.9%. The Northeast region is home to 1,909 industrial workers, up 5%.
MNI’s city data shows Billings remains Montana’s top city for manufacturing employment, with 4,367 industrial jobs, down 3.9%. Second-ranked Missoula accounts for 2,593 jobs, up 2%, while Kalispell accounts for 2,137 jobs, down 3.1%. Fourth-ranked Bozeman accounts for 1,918 jobs, down 4%, while industrial employment in Great Falls fell 3.8% over the year, with the fifth-ranked city home to 1,870 jobs.
Detailed profiles of Montana’s 1,861 manufacturing companies and 317 distributors can be found in the 2014 Montana Manufacturers Directory® available in print for $87, or available online through MNI’s industrial database subscription service EZSelect.com. Users may generate custom profiles of manufacturers using a variety of criteria, including region, SIC, sales volume, number of employees, and more. Each business profile provides up to 30 facts, including vital contact information, 5,460 executives by name and title, product(s) manufactured, and more.
Manufacturers’ News, Inc. is the nation’s oldest and largest publisher of state industrial directories and manufacturers databases, and the industrial search engine IndustryNet.com. For 101 years the company has identified, researched and profiled manufacturing companies. MNI employs an 85-person editorial staff to scour business registrations, trade journals, financial reports, and many other sources to pinpoint every manufacturing establishment in the U.S. Each manufacturer is contacted throughout the year to update their profiles, including their employee counts. For more information, contact Manufacturers’ News, Inc., 1633 Central St., Evanston, IL, 60201, 847-864-7000, http://www.manufacturersnews.com.