Welcome!

Agile Computing Authors: Zakia Bouachraoui, Carmen Gonzalez, Yeshim Deniz, Liz McMillan, Elizabeth White

News Feed Item

Vermont Industrial Jobs Have Declined 5.6% Since Start of Recession

EVANSTON, Ill, Jan. 25 /PRNewswire/ -- Industrial employment in Vermont has fallen 5.6% since the beginning of the recession according to the 2010 Vermont Manufacturers Register, an industrial directory published annually by Manufacturers' News, Inc. (MNI) Evanston, IL. MNI reports Vermont lost 2,894 manufacturing jobs since December 2007, with 1,197 jobs lost between December 2007 and December 2008 and 1,697 industrial jobs from 2008 to December of 2009. Over the same period of time, Vermont lost 154 manufacturers, or nearly ten percent of its industrial companies. Looking back even further, over an eight-year period Vermont lost 9,921 industrial jobs or 17% of its industrial employment.

(Logo: http://www.newscom.com/cgi-bin/prnh/20070213/MNILOGO)

Manufacturers' News reports Vermont is now home to 1,516 manufacturers employing 48,360 workers. Vermont's losses are smaller compared to those seen in other New England states with Maine's industrial sector down 7.7%, New Hampshire's down 7.5% and Massachusetts' down 6.4%, according to earlier MNI reports.

"As with the entire nation, the recession continues to hit Vermont's core sectors, while the faltering housing market has affected industries such as wood products and building products," says Tom Dubin, President of the Evanston, IL-based publishing company, which has been surveying industry since 1912.

Employment in the furniture/fixtures sector experienced the sharpest decline, down 33.4% over the past twenty-four months, due mostly to layoffs at Ethan Allen.

MNI reports electronics remains Vermont's largest manufacturing sector by employment with 8,259 jobs, with no significant change reported over the two years. Second-ranked food manufacturing accounts for 5,234 jobs, down 8.6% over the survey period, while third-ranked industrial machinery and equipment accounts for 4,508 jobs, down 3.8% over the past twenty-four months.

Most other sectors in Vermont lost jobs within the past two years and include transportation equipment, down 15.4%, following the closure of auto supplier Lydall Inc., and layoffs at NSK Steering, among others. Stone/clay/glass fell 14.7%; textiles/apparel were down 11.3%; lumber/wood down 10%; printing/publishing down 7.9% and chemicals/allied products down 7.1%. Slight gains were seen in paper products, up 2.8%; rubber/plastics up 2% and fabricated metals up 1.8%

Despite the losses, some bright spots have emerged recently including the openings of Vermont Wood Pellet Co.; rubber protective gear maker AirBoss in Milton; and BEMAG Transformers, which opened a factory in St. Albans Industrial Park in early 2009.

MNI's city data shows Essex Junction is the state's top city for manufacturing employment, accounting for 6,905 industrial jobs, up 4.5% over the past twenty-four months. Second-ranked Burlington accounts for 3,790 industrial jobs, down 8.7% over the past two years. Industrial jobs in Rutland declined 2.2%, with the city home to 2,120 jobs. Milton is home to 1,929 jobs, up 1.5%, while jobs increased another 1.5% in South Burlington, with the fifth-ranked city representing 1,710 of Vermont's industrial jobs.

Detailed profiles of Vermont's 1,516 manufacturers and 274 industrial distributors can be found in the 2010 Vermont Manufacturers Register, available in print for $77 and on CD-ROM from $95. Each profile provides up to 30 facts, including vital contact information (phone, web, e-mail), 4,755 executives by name and title, product(s) manufactured, annual sales, number of employees, and more. Visitors to mnileads.com may generate custom profiles of manufacturers using thirteen different criteria, including area or zip code, county, SIC, sales volume, number of employees, and more.

Manufacturers' News, Inc., publisher of manufacturers' directories since 1912, compiles and produces manufacturing guides, statistics and databases for all 50 states. MNI also maintains IndustryNet.com, an industrial search engine designed specifically for locating manufacturers and suppliers nationwide. For more information, contact Manufacturers' News, Inc., 1633 Central St., Evanston, IL, 60201, 847-864-7000, FAX 847-332-1100. Information also available on facebook and twitter.

SOURCE Manufacturers' News, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Bill Schmarzo, author of "Big Data: Understanding How Data Powers Big Business" and "Big Data MBA: Driving Business Strategies with Data Science," is responsible for setting the strategy and defining the Big Data service offerings and capabilities for EMC Global Services Big Data Practice. As the CTO for the Big Data Practice, he is responsible for working with organizations to help them identify where and how to start their big data journeys. He's written several white papers, is an avid blogge...
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence. Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busine...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.