BATAVIA – The Illinois Manufacturers’ Association visited FlagSource/J.C. Shultz Enterprises, Inc. in Batavia on July 1 to highlight the importance of manufacturing to Illinois communities. The business produces flags, including American flags, and banners.
The nonprofit group is touring manufacturing plants across the state to share results of a new study that documents the integral role that the manufacturing industry plays in Illinois' economy.
According to a news release from the Illinois Manufacturing Association, the study found the manufacturing industry in Illinois generates $304.8 billion in output each year, which amounts to 12 percent of the Gross State Product – the single largest contribution by any industry. Statewide, manufacturers directly employ 592,200 women and men in these good paying, middle-class jobs with an average salary of $88,691, providing a total of $52 billion in wages and benefits across Illinois, the release stated.
“As the state’s largest economic engine, Illinois manufacturers feed the world, make life-saving products, power our jobs and businesses, build our infrastructure, transport people and products around the globe, and provide for our nation’s defense,” stated Mark Denzler, president and CEO of the Illinois Manufacturers’ Association, in the news release.“Manufacturing makes the world a better place to live every single day and is integral to the story of Illinois and the United States.”
According to the release, manufacturing is particularly important in the suburbs, with DuPage, Kane and Lake counties joining Cook County as the top four locations for manufacturing employment in the state. In Kane County, manufacturing directly employs 34,200 people, generating $13.5 billion in economic output which amounts to 16.7 percent of the county’s Gross Domestic Product.
“Manufacturing is the solution to many of the challenges facing our state if the right policies are put into place,” Denzler stated. “Our elected leaders should choose policies that will build upon our best-in-class workforce and create a pipeline of qualified workers for the future. Let’s create a better Illinois that is the best place to invest, the best place to innovate, and the best place from which to export.”
The analysis was conducted by the Center for Manufacturing Research in partnership with INFORUM, Interindustry Forecasting at the University of Maryland. For more information, including a full copy of the report, please visit http://ima-net.org/2019economicanalysis/.