What is the NI Manufacturing Sector?.

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Presentation transcript:

What is the NI Manufacturing Sector?

Manufacturing grew in 2015 was 22% of GVA contributing some £4,448bn

Manufacturing’s contribution to the NI economy

Manufacturing is the 3rd largest sub-section of employment growing to 85,200 in 2015 Well paid, sustainable jobs in places where people want to work, set up home and contribute to their community.

c£10bn Total contribution to NI economy £4.7bn direct; £3.5bn indirect; £1.6bn induced.

214,000 Total jobs supported 85,200 direct; 78,700 indirect; 50,400 induced. 1 in 4 families reliant on a manufacturing wage

£4.2bn In wages £2bn directly; £2.2bn in supported jobs.

£7bn £350m In R & D in 2015 65% of total business R&D; 47% of all R&D In Export sales £350m In R & D in 2015 65% of total business R&D; 47% of all R&D

+38% +27% Higher Productivity than NI average More through advanced manufacturing

Local manufacturing contribution

c£580m Total contribution to local economy £280m direct; £200m indirect; £100m induced.

12,700 Total jobs supported 5,100 direct; (890 in Advance Manufacturing) 4,500 indirect; 3,100 induced. 1 in 3 local families depend on manufacturing

£250m In wages £120m directly; £130m in supported jobs. Ave. £452pw – area average £373

MNI’s roadmap to manufacturing success is built on… Create the most competitive region in Europe in which to start, sustain and grow a manufacturing business, thus creating wealth and work.

EU Target

Working with Skills Training Innovation Tooling & Testing Available labour, career advancement Training Upskilling, leadership, technical improvement Innovation Collaboration, B2B and with Education, funding Tooling & Testing Machinery and Equipment

“… reduced competitiveness of the sector puts at risk the thousands of jobs and livelihoods that the manufacturing sector supports in communities across the region.”

“… when manufacturing grows, the whole economy grows with it.”

Growing manufacturing to 20% of GVA would transform the economy and the community.

Our sector has great people, making great products in great companies selling to markets at home and abroad. They are poised to make a bigger contribution – they just need the environment in which to thrive.