SAN
ANTONIO, Oct. 4, 2024 /PRNewswire/ -- In
celebration of MFG Day and National Manufacturing Month throughout
Oct., greater:SATX is proud to highlight key statistics that
underscore the San Antonio
region's position as a premier hub for advanced
manufacturing.
"San Antonio's advanced
manufacturing sector is a key engine of our region's economic
growth, fueling our expanding bi-national megaregion and
manufacturing corridor," said Jenna
Saucedo-Herrera, CEO of greater:SATX. "The industry is
powered by innovation, skilled talent, collaboration and a
commitment to excellence. It includes sub-sectors from automotive
to aerospace, food and beverage to biomanufacturing, and emerging
technologies, and we take pride in being home to leading-edge
companies that are shaping the future of the industry.
"We're thrilled to recognize National Manufacturing Month and
MFG Day with these companies, our partners and the community,
honoring the more than 1,600 manufacturers based in San Antonio and the approximately 61,000
residents who contribute to the sector's ongoing success."
Home to Over 1,600 Manufacturers
San Antonio's diverse advanced manufacturing
landscape includes companies of all sizes, from local innovators to
large global enterprises. The sector supports over 61,000 jobs,
having grown 19% over the past five years, and with a $10 billion GDP supported by 1,600 locations.
The region hosts a wide range of businesses, from Helmy Plastics
and Avanzar Interior Technologies to major players like
International Motors (formerly Navistar) and Toyota, which recently
announced a $541 million investment
in the area. Other notable companies include grocery innovator
H-E-B and global construction equipment manufacturing leader JCB,
which recently broke ground in San
Antonio for its second North American manufacturing
facility. The $500 million JCB
facility will produce Loadall telescopic handlers -- its
best-selling product in North
America -- along with aerial access equipment, with
production set to begin in 2026.
San Antonio continues to
attract advanced manufacturing firms due to is skilled workforce,
positive culture, drive for innovation and business-friendly
environment, making it especially appealing to newcomers.
Driving Innovation
San
Antonio is a leader in manufacturing innovation thanks to a
recent investment from the U.S. Department of Energy's
Cybersecurity Manufacturing Innovation Institute (CyManII). Based
in San Antonio, CyManII is at the
forefront of integrating cybersecurity with smart, energy-efficient
manufacturing to secure U.S. manufacturing -- facilities and supply
chains. With expertise in research and development (R&D),
factory automation, and workforce development, CyManII is shaping
the future of American manufacturing, supporting early-stage
R&D to enhance competitiveness, secure supply chains, and
advance cybersecurity in energy-efficient manufacturing. For more
on CyManII's vision, explore their five-year public roadmap.
Bi-National Manufacturing Corridor
The San Antonio region and Mexico boast robust manufacturing industries,
forming a dynamic cross-border innovation zone, highlighted by the
Texas-Mexico Automotive Supercluster stretching from Dallas in the north to San Luis Potosi to the south, with
San Antonio at the heart of it
all. This region is emerging as the epicenter of automotive
manufacturing in North America,
fueling economic growth bi-nationally. Toyota demonstrates this by
strategically investing in manufacturing operations in San Antonio and Mexico alongside suppliers who do the same,
like Avanzar Interior Technologies.
Skilled Workforce
greater:SATX led the implementation
of the U.S. Chamber of Commerce Foundation's Talent Pipeline
Management framework across six key industries, including
advanced manufacturing. Internship programs, such as Toyotetsu's
award-winning initiative targeting a hidden workforce and
greater:SATX's internship program for high school students, are
creating tangible results. This Manufacturing Month, greater:SATX
will host several job shadow opportunities for high school students
to learn more about manufacturing careers, including a Women in
Manufacturing panel.
Key Stats Highlight San Antonio's Success
San Antonio's advanced manufacturing industry
is thriving, supported by these key facts:
- 61,000 residents employed in the sector.
- 1,600 manufacturing companies spanning industries
such as automotive, aerospace, semiconductors, oil & gas, new
energy, machinery, and food & beverage
- A manufacturing-driven regional GDP of $13.5 billion, with a growth rate of 27%
since 2020.
- 14 new manufacturing projects in 2024 alone, resulting
in 1,597 new jobs and $940
million in capital expenditure investment.*
- Recognized as the fastest-growing city in the U.S.
- Top 5 U.S. city for jobs, and ranked as one of the
friendliest cities, as well as ranked 3rd in
recent metro-positivity study of the largest cities in the U.S. and
Canada.
- San Antonio's diverse
majority-minority community is 64% Hispanic,
positioning it as a model for the future U.S. demographic
landscape.
With its rich culture of innovation and positivity, and
commitment to workforce development, San
Antonio is not only a hub for advanced manufacturing but a
blueprint for the future of U.S. metros.
*Driven by greater:SATX Regional Economic Partnership
About greater:SATX
greater:SATX is the economic
development partnership leading the San
Antonio region's transformative growth through global
corporate recruitment, local business advancement, and workforce
development. The San Antonio
region, or SATX, is the eight-county San Antonio-New Braunfels MSA,
which is the 24th largest MSA in the nation (2023). At
the core of greater:SATX's mission is attracting, retaining, and
growing quality jobs for all San Antonians that provide pathways to
economic mobility. This work is guided by greater:SATX, supported
by regional businesses, regional economic development partners, and
by the City of San Antonio,
Bexar County, CPS Energy, and
SAWS. The organization is responsible for assisting over 500
companies to relocate or expand in the region, which collectively
employ more than 120,000 San Antonians. For more information
on San Antonio's industry growth
and economic opportunity, visit greatersatx.com and follow us
on X (formerly Twitter)
@greater_SATX, LinkedIn, and Facebook.
Media: Mardi Larson, Amendola for
greater:SATX, mlarson@acmarketingpr.com
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