On the first Friday of October every year, individuals, schools and businesses across the United States celebrate the history and future of the manufacturing industry. October 4th is Manufacturing Day, also known as MFG Day.
The mission of Manufacturing Day is to clear up some common misconceptions about American manufacturing, improve the skilled labor workforce, get connected with the next generation of workers, and ensure the industry’s prosperity for years to come.
Manufacturing continues to play a vital role in the U.S. economy and throughout the world. Here are just a few important facts about this industry and its impact and importance:
- An estimated 12.5 million jobs in the U.S. are supported by the manufacturing industry, approximately 8.5 percent of the overall workforce.
- The average manufacturing worker earns almost $85,000 a year, factoring in pay and benefits.
- Manufacturing comprises nearly 12% of the United States’ GDP.
- Every $1.00 spent in manufacturing creates $1.82 for our economy.
This industry offers exciting opportunities for those interested in high-paying, highly skilled jobs, working with a wide range of cutting edge technologies including the CNC accessories that improve machining efficiency and productivity. More importantly, there are more jobs than workers available, with manufacturers reporting a serious shortage in qualified workers.
CNC Indexing & Feeding Technologies products are among the common CNC accessories you’ll find in today’s manufacturing centers. From rotary tables to high pressure coolant systems, we offer the best options for improving machining efficiency and production for your workshop.