Mayor issues proclamation to honor large employment base
Mayor Sam Adams has proclaimed Friday to be Portland Manufacturing Day.
Manufacturing is at the very heart of our regional economy, PDC Executive Director Patrick Quinton said in a prepared statement. PDC is committed to helping our local companies increase exports, create jobs and continue their significant contributions to economic opportunity and growth throughout Portland.
Manufacturing accounts for 26.2 percent of Portland Gross Metropolitan Product, the third highest in the country.Â According to the American Institute of Economic Research, Oregon ranks Number One in the U.S. in three manufacturing categories:Â lowest production cost per dollar output, production cost-efficiencies and manufacturing location. Ernst & Young ranks Oregon as the Number Two location in the U.S. for new investment.
The proclamation is one of similar declarations in other cities around the county in support of National Manufacturing Day on Oct. 5. The Oregon Manufacturing Extension Partnership (OMEP) worked closely with the PDC on Adams proclamation.
We are thrilled that Mayor Adams is helping to call attention to the hard-working men and women who drive our manufacturing economy, said Chris Scherer, President of OMEP. Its fitting that the manufacturing sector gets its own day to be celebrated and appreciated.
The proclamation follows the release of a new report by the Value of Jobs Coalition that found Portland has retained a larger manufacturing base as a percentage of total employment that the average U.S. metropolitan area. The report also found manufacturing pays high wages and better benefits than non-manufacturing jobs, especially for minorities.
The coalition includes Greater Portland, Inc., the Port of Portland, the Portland Business Alliance, Associated Oregon Industries, the Oregon Business Association and the Oregon Business Council.