The Annual Manufacturing Summit is postponed to Thursday, September 9, 2021.
The Manufacturing Summit in Vermont is a business-to-business event for manufacturers, OEMs and sub-contractors to connect and develop business for contracts and enhanced supply chain opportunities.
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To strengthen and grow our manufacturing base for competitive advantage here at home and abroad.
To showcase the manufacturing sector as a significant driver of our economy both as an employer and producer of goods, create a niche network that connects industry peers and facilitate both sourcing and procurement opportunities for innovative, stronger, and nimble supply chains in Vermont, throughout New England, and with our trading partner Canada.
Key industrial sectors include:
- Aerospace and aviation
- Naval and Marine
- Medical and Medical Devices
- Product Manufacturing
The Manufacturing Summit offers exhibitors and participants:
- A niche network with industry peers for new business and vendor partnerships.
- Pre-scheduled business-to-business (B2B) Matchmaking Meetings for exhibitors with fellow exhibitors and participating primes for new potential sourcing and procurement opportunities.
- New resources, programs and seminars on financing, government contracting and workforce innovation to grow business.
- Opportunities to market their company brand as a quality employer in manufacturing and beyond.
- Connections and strengthened relationships with existing and new customers and suppliers.
- Access to workforce, educational and training programs for workforce development and recruitment.
- 120 exhibitors
- 500 B2B meetings
- 20 OEMs
- Over 600 participants from 4 countries
- 25 Canadian companies from lower Québec and Canada
Vermont Manufacturing Statistics At a Glance
- Jobs: 9.5% of Vermont’s workers are employed by manufacturers. In 2017 manufacturing employed 29,850 people.
- Wages: Vermont manufacturing paid employees an average annual wage of $59,390.
- State GDP: 9.23% of Vermont’s Gross Domestic Product was provided by manufacturing. In 2017, manufacturing accounted for about $2.81 billion.
- Exports: In 2017 manufactured goods exported by Vermont companies made up $2.69 billion in total value.
- Economic Multiplier Impact: Every $1 spent in manufacturing adds another $1.82 in economic activity – higher than any other economic sector. If the entire manufacturing value and supply chain is included, every $1 spent in manufacturing adds another $3.60 in economic activity.
- Employment Multiplier Impact: Every 1.0 manufacturing job supports an additional 1.6 jobs. Considering the manufacturing value chain, each 1.0 manufacturing employee generates about 4.0 jobs elsewhere.
- Sources: National Association of Manufacturers (NAM) 2019, Vermont Department of Labor, U.S. Bureau of Labor Statistics, Manufacturers Alliance for Productivity & Innovation and NAM calculations using IMPLAN, U.S. Census Bureau County Business Patterns 2013.