Mainebiz

March 9, 2020

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F O C U S M A N U FAC T U R I N G 1. Total manufacturing output (2018): $6.31 billion 2. Percent share of total gross state product: 9.80% 3. Manufacturing firms in Maine (2016): 1,600 4. Average annual compensation (2017): $64,675 vs. $39,827 at other nonfarm businesses Sources: U.S. Bureau of Economic Analysis and the U.S. Census Bureau verrill-law.com Verrill Congratulates on its purchase of Saddleback Mountain Our Business Law Group was honored to work with Jonathan Tower, Uche Osuji, and the others at Arctaris on a transaction so important to the Rangeley community and to the state. anufacturing in Maine has fluctuated, even since the recession. Historically, there are fewer jobs — about 52,000 jobs, or 8.27% of all nonfarm jobs, versus 1994, when Maine had 92,500 manufacturing jobs. But productivity has grown, helped by automation and more advanced computerization. Here's a thumb- nail of the manufacturing sector. FOCUS STARTS ON FOLLOWING PAGE » M M A I N E ' S M A N U FAC T U R I N G M A N U FAC T U R I N G J O B S I N M A I N E M A I N E ' S OV E R A L L WO R K F O R C E M A I N E ' S M A N U FAC T U R I N G WO R K F O R C E 2 0 0 1 2 0 0 9 2 0 0 5 2 0 1 3 2 0 0 2 2 0 1 0 2 0 0 6 2 0 1 4 2 0 0 3 2 0 1 1 2 0 0 7 2 0 1 5 2 0 1 7 2 0 0 4 2 0 1 2 2 0 0 8 2 0 1 6 2 0 1 8 593,166 70,300 597,238 62,900 577,790 50,600 602,321 59,700 586,525 50,100 603,785 50,800 591,052 66,100 594,481 60,700 579,838 50,700 602,074 56,700 590,377 50,900 609, 271 51,300 591,372 63,700 598,525 58,900 583,196 50,300 581,796 50,800 590,377 50,900 605,550 52,900 Source: U.S. Department of Labor, Bureau of Labor Statistics

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