Florida’s Manufacturing Sector Faces Another Blow: Fence Outlet MDC to Close Lake Wales Plant
In the vibrant economic landscape of Florida, manufacturing has long stood as a cornerstone, contributing significantly to the state’s prosperity. With a whopping $64.48 billion generated in 2021, this sector not only represents 4.33% of Florida’s workforce but also offers lucrative employment opportunities. The average manufacturing job in the Sunshine State, as reported by the National Association of Manufacturers, comes with an enticing salary of $79,249.36, surpassing the state’s average income.
Despite these promising figures, the manufacturing industry in Florida has encountered turbulence in recent months. The narrative of growth and success has been marred by the closure of several plants, leading to job losses for many Floridians. Notable companies such as Southwire Company and Fathom Digital Manufacturing have already made headlines for shutting down operations and reducing their workforce.