STATE OF MANUFACTURING – Maine Manufacturing
by Joe Jackson
Marketing & Events Assistant, PMPA
Published May 1, 2024
Fabricated Metal Products Manufacturing is a subsector of manufacturing that makes critical goods from metal components.
Precision Turned Products Manufacturing is a subsector of fabricated metal product manufacturing that makes the components that MAKE IT WORK!
MAINE ECONOMIC OUTPUT
Maine Manufacturing
NAICS 31-33
$7,790,000,000
Fabricated Metal Product Manufacturing
NAICS 332
$1,108,943,000
Precision Turned Product Manufacturing
NAICS 332721
$137,451,000
MAINE MANUFACTURING ACCOUNTS FOR
Manufacturing Is Productivity –10.02% of Maine’s total output (GDP)
Manufacturing Builds Businesses –1,605 manufacturing establishments in the state of Maine.
Manufacturing Creates Jobs – 8.65% of all Maine’s employees are in the manufacturing sector. (53,000 employees)
Manufacturing produces for Maine
- Manufacturing is the 5th largest GDP Producer in Maine.
- Fabricated metals rank the 6th of the manufacturing sectors in Maine.
Maine is a great place for a career in manufacturing
- Manufacturing jobs pay on average 29% over the average job in Maine. (according to NAM.org)
- Maine’s manufacturing sector has grown by 6.5% (6,500 jobs) since 2017 and is projected to add an additional 1,500 jobs by the end of 2026.
Sources: NAM.org, US Census, statista.com, IndustrySelect.com
Data selected to show relative values. May not be directly comparable due to differences in sampling, analysis, or date obtained.