Economic Impact of Minnesota Manufacturers About 307,000 people work in manufacturing in Minnesota, primarily in such areas as computer and electronic products, foods, fabricated metal products and machinery. Manufacturing contributes $43.7 billion to the state economy – 16 percent of Minnesota’s gross domestic product – and the industry accounted for $19.3 billion in state exports last year. Salaries in the sector are much higher than most other industries in the state because many manufacturing jobs require high-tech skills to operate advanced technology and computer-controlled equipment. The average manufacturing position in the state paid $59,565 last year, over $10,000 more than the typical job in Minnesota. Many of Minnesota’s Fortune 500 companies are manufacturers, including General Mills, Medtronic, 3M, Ecolab and Hormel.
Posted on: Mon, 20 Oct 2014 15:26:47 +0000
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