W W W. M A I N E B I Z . B I Z 11 D E C E M B E R 1 1 , 2 0 2 3
F O C U S M A N U FAC T U RI N G
SPECIAL FUNDING
OPPORTUNITY FOR
MANUFACTURERS
Reduce operating costs and improve
facility performance through energy
efficiency upgrades.
Enhanced incentives available for projects
that reduce fuel use at manufacturing
facilities. Bonus incentives available for
beneficial electrification and heat recovery
projects.
Time and funding limited! For more information visit
efficiencymaine.com/manufacturer-thermal-efficiency-projects/
or email custom@efficiencymaine.com.
Maine's manufacturing industry
covers a range of sectors and trades,
including defense, aerospace, steel,
paper, boatbuilding and marine
services, semiconductor, wood, textile,
aquaculture, biotech, medical device,
electronics, wireless communications,
plastics, composites/bio-plastics and
food and beverage. While the number
of people employed is down from the
peak, many of the jobs involve more
automation and high-tech, reducing
labor-intensive positions.
S O U R C E : Manufacturers Association of Maine
NUMBER OF MAINE MANUFACTURING JOBS
S O U R C E : Maine Department of Labor, Federal Reserve Bank of St. Louis
MANUFACTURING THUMBNAIL
Annual GDP:
$6.2 billion
Annual payroll:
$3.6 billion
Number of workers:
56,700 (est.)
Number of mfg.
businesses in Maine:
1,850
While the number of manufacturing jobs in Maine has fallen from historic levels in the early 1990s
— when there were as many as 95,000 workers — the number has rebounded from the low of
45,000 in April 2020.
1990s peak
95,000
2020
45,000
2021
53,900
2022
54,500
October 2023
55,300
