Manufacturing in Iowa

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Center for IndustrialResearch and Service
www.ciras.iastate.edu
Mark Reinig Economic Development Program Manager
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Center for Industrial Research and Service
Mission To enhance the performance of Iowa
industry through education and technology based
services
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Manufacturing in Iowa
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Manufacturing
The set of activities that transform agricultural
and mineral resources into finished goods.
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It has been stated that
Manufacturing, Mining, Construction, and
Agriculture are the only industries that create
wealth All others redistribute the results.
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Importance of Manufacturing to Iowa

• 6,100 manufacturing firms
• 23.2 billion of the
• Gross State Product (GSP)

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Iowa Gross State Product
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Manufacturing Fraction of GSP
1 Indiana 28.4
2 Iowa 21.0
3 Wisconsin 20.7
4 North Carolina 19.8
5 Kentucky 19.8
6 Ohio 19.7
7 Arkansas 19.6
8 Michigan 19.4
9 Oregon 18.8
10 Tennessee 18.3
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Iowa GSP by Mfg. Sector
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National Comparison
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Iowa Employment by Sector
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Company Size
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230,000 Manufacturing Jobs
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Fraction of Jobs in Manufacturing
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Average Manufacturing Earnings
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Dependence on Mfg. Earnings
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• EDA University Center

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Mission
Enhance the competitive strength of existing
rural companies, assist developing companies, and
ensure that the investment being made by EDA,
Iowa, and Iowa companies is most effectively
leveraged.
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Center History

• CIRAS founded in 1963
• Iowa EDA University Center founded in 1981
• First decade Productivity management
  assistance
• Past decade Engineering design testing
• Next decade Expand range of services, increase
  partnering, focus assistance

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Economic Assessment

• Conduct initial assessment
• Basic county economies
• Detailed regional economy
• Analyze key trends and transformations
• Identify trends in industrial strengths and
  weaknesses
• Categorize the regions industrial structure in
  light of the states targeted industries

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Economic Gardening for Coaching Manufacturing
Supplier Networks

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Identify Regional Manufacturing Economic Area

• Determine Size of Region
• Conduct Initial Assessment

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Establish Base of Manufacturers

• Harris Directory
• On the Ground Research
• Other Resources

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Develop Supplier/Customer List

• Survey Identified Manufacturers
• Create Database
• Interactive Website Development

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Implementation

• Website Becomes Operational
• Training/Familiarization/Input
• Regional Purchasing Updates
• Manufacturers Roundtable

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Center for IndustrialResearch and Service
www.ciras.iastate.edu
Where you find solutions