RPI Newsletter - Q3 2019

AGRIBUSINESS

WEST MICHIGAN AGRIBUSINESS LABOR MARKET INFORMATION HIGHLIGHTS

If you asked what industry Michigan is known for, most people would likely say manufacturing. While it’s true that the state holds undeniable strength in a wide variety of manufacturing sectors, West Michigan holds domestic and global competitiveness in another area, too. Agriculture, or the science and art of cultivating plants and livestock, is an exceptionally strong and thriving sector in West Michigan. Regional agriculture firms and manufacturers that process the plant and livestock they produce make up what is referred toas the ‘agribusiness’ sector. Today’s West Michigan farmers – which include growers and producers of food and animal products, and processors, such as food and beverage manufacturers, work in partnership with the region’s industrial manufacturing base. Together, these two powerful industries have established themselves as global players in the agribusiness space and have a significant economic impact on the region.

NUMBER OF BUSINESS LOCATIONS

INDUSTRY GROUP

2018 JOBS

5-YEAR

Agribusiness (Agriculture + Food & Beverage Manufacuring)

37,220

10.4%

973

Manufacturing (Food & Beverage Manufacuring)

18,640

19%

227

Agriculture (Crop & Animal Production)

18,580

3%

746

12

DATACONOMY – AGRIBUSINESS

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