We Forge the Future
Why Advanced Manufacturing?
- Portland’s strengths in metals and transportation equipmentPortland’s Advanced Manufacturing Cluster is driven primarily by businesses involved with metals and transportation equipment that utilize high technology tools, including engineering and computing, for the purpose of producing a finished product or part, or for enhancing manufacturing capabilities. Advanced Manufacturing technology is used in all areas of manufacturing, including design, fabrication and assembly. have built a strong concentration of traded sector companies which sell a high percentage of products outside of the region ,bringing revenues from those sales back to the regional economy.
- Portland’s advanced manufacturing jobs pay on average $62,145, 30% above the metro regional average.
- Advanced manufacturing firms employ 33,700 in this region which represents a considerable percentage of the area’s good-paying jobs.
- Nationally, each $1 worth of manufactured goods creates another $1.43 in other sectors. Oregon ranks 2nd in the U.S. by manufacturing's percentage of the state's GDP. The manufacturing GDP for the state was $38.75 billion in 2010 – accounting for 22.3% of Oregon's economy. This is up from 2008 when Oregon ranked 5th in the U.S. with manufacturing GDP at $30.2 billion or 18.7% of Oregon's economy.
- Oregon ranks #1 in the U.S. for the lowest production cost per dollar output. The production cost per dollar of output in manufacturing is derived by dividing the total production costs by the total dollar value of outputs. Oregon's production cost per dollar is approximately 74 cents, which means for each dollar value of output, the profit margin is close to 26 cents. The average unit cost production in manufacturing among 50 states is 83.3 cents. Source: American Institute for Economic Research.
- Oregon ranks #1 in the U.S. for production cost-efficiencies. The nation's mean cost-efficiency score in manufacturing is 84.4. This means that U.S. manufacturers could reduce their total production costs by 15.6% and produce the same quantities of outputs. Oregon, Connecticut, and Iowa are at 100% efficiency. Source: American Institute for Economic Research.
|ADVANCED MANUFACTURING CLUSTER SNAPSHOT|
|Total Regional Employment (Q3 2012)||33,700|
|Average Annual Wages (Q3 2012)||$62,145|
|Employment Growth (2010 - Q3 2012)||16%|
- Cluster businesses have incorporated lean processes that have improved product quality, increased efficiencies, enabled faster turn-around times and have led to re-shoring of previously off-shored products.
- An impressive number of Portland companies are recognized by industry peers for ranking in the top 10% of their industry. This solid reputation drives national and international sales of products and parts produced by Portland advanced manufacturing companies.
- Portland companies have developed strong reputations and niches in the manufacture of flatbed railcars (Gunderson), streetcars (Oregon Iron Works), industrial trucks and tractors (Daimler), mining equipment (ESCO), aircraft parts (PCC Structurals), and shipbuilding and repair (Vigor).
» Expanded listing of other products produced in Portland region.Motor vehicles, industrial trucks and tractors, railroad equipment, flatbed railcars, lawn and garden equipment, mining machinery, steel pipe and tubes, aircraft parts and equipment, fluid power pumps and motors, aluminum extruded products, fabricated structural metal, metal doors, construction machinery, cutlery, shipbuilding and repairing, refrigeration and heating equipment, hand and edge tools, blowers and fans, saw blades, bolts, nuts, rivets, washers.
Top PDC Initiatives
|What is PDC doing?||Why and How?|
|Enhance the regional manufacturing supply chain||Enhancing the regional supply chain creates jobs, increases local wealth and reduces the impact of national economic downturns. We are using the Northwest Connectory buyer-supplier database to stimulate the regional supply chain on two fronts:
1. To build local industry knowledge of regional suppliers of products, parts and components.
2. To help large firms and government agencies such as wind power firms and the Department of Defense identify and purchase from suppliers in our region.
|Share the cost of lean/efficiency improvements||The Portland Development Commission partners with the Oregon Manufacturing Extension Partnership (OMEP) to provide lean/efficiency enhancement consultations. OMEP consultations have helped manufacturers improve efficiencies by as much as 60%. PDC shares the cost of OMEP consultations with manufacturers 50-50, up to a maximum of $12,500. Contact Kevin Johnson at (503) 823-1176 for more information.|
Resources & Publications
Advanced Manufacturing Resource Guide >
A listing of available resources and information to assist advanced manufacturing firms
ATHLETIC & OUTDOOR
RESEARCH & COMMERCIALIZATION
|NEWS & EVENTS|
|NOTABLE REGIONAL FIRMS|