The study looked at 294 U.S. cities to come up with its list.
It found manufacturing output per capita in Lima was $43,687, while the national average is about $7,221; that Lima had 108% more manufacturing jobs than the average city; and that among the top 50 cities of all sizes, Lima ranked fifth, beating out Spartanburg, South Carolina, which was ranked sixth and Decatur, Illinois, at seventh.
Local economic development officials lauded the survey.
“The Survey confirms much of what we already know,” stated Dave Stratton, president/CEO of the Allen Economic Group in an email Sunday to the Lima News. “Lima/Allen County is a productive region. The average output per capita is much higher here than the average U.S. city. We can take pride in that fact.”
Stratton points out the range of businesses that are in the area as one reason for its success.
“The manufacturing sector is one of Lima/Allen County’s strengths, partly due to the diversity of businesses that exist in our region. We have companies that produce in areas of automotive, food, household goods, plastics, construction, energy and much more that thrive here,” Stratton stated.
The study focused on four primary factors to determine the top cities where manufacturing is thriving in the U.S. They were:
• The growth rate of manufacturing output based on the compounded annual growth rate between 2015-2019.
• The manufacturing output per capita in 2019.
• The employment quotient of the manufacturing sector.
• and the compound annual growth rate of manufacturing jobs between 2015-2019.
Even though the survey didn’t include data during the time the pandemic hit, Stratton says the region remained strong through the pandemic.
“Our manufacturing business community had the determination and persistence through the pandemic by keeping the doors of production open as much as possible even in the midst of the pandemic.
“The resiliency and ability of our business leadership to aggressively adapt to the safety protocols was a significant reason that manufacturing remained strong even in the midst of the challenges of the last year,” Stratton stated.
Reach Sam Shriver at 567-242-0409.