Sparks fly out machine head for metal processing laser metal on metallurgical plant background. Manufacturing finished parts for automotive production concept
Economic Engine

Manufacturing

Cluster Formation – An LESMD Trend

Shifts in the LESMD manufacturing base during the last quarter of the 20th Century paved the way for the gradual formation of a number of new subsectors. This formation has occurred alongside and in tandem with the continued growth, innovation and development of traditional subsectors that have existed in the LESMD Region for generations, such as food and beverage manufacturing, shipbuilding and even agri-business – a major stand alone sector.

A physical concentration of related subsectors such Electronics, Precision Machining and Mechanical Assembly for Aerospace/Military has begun to create industry clusters with a growing lateral-based supply and support network. In addition, more recent entries such as Life Sciences gives further evidence of a shift toward economic resiliency and diversification. Against this backdrop is the LESMD education/training continuum with its increasing orientation toward private industry input in the development of a locally trained regional workforce.

LESMD Industrial Park Guide

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156
Manufacturing Establishments in the LESMD Region in 2019
3,899
Number of Persons Employed in Manufacturing Sector – LESMD Region

Source: JobsEQ®