Manufacturing is a driver of New Jersey’s innovation economy and has been for over 200 years. From the machines that drove the industrial revolution to the world’s first transistor, to advanced aerospace components and lifesaving medical devices, New Jersey manufactures the products that drive innovation and improve lives.
In 2018, the manufacturing sector employed more than 245,000 New Jerseyans and contributed ~$37 billion to our economy. It also contributed over $14 billion of the State’s total wages.
We consider most of the companies in this sector to be advanced manufacturers. Advanced manufacturing refers to a systems-based approach to maximizing efficiency and precision in manufacturing, using technology such as sensors, automation, and wireless communications. Basically, it’s not about what you are making; it’s about how you are making it.
Advanced manufacturing companies are critical to the future of New Jersey’s economy. They create high-value added, high-wage jobs that leverage New Jersey’s unique assets to create innovative products. Thats why advanced manufacturing is one of the focus sectors identified in Governor Murphy’s Economic Development Planand why the NJEDA is investing in the initiatives necessary to support sector growth.
See below for more information on New Jersey’s Advanced Manufacturing Sector, the programs and resources NJEDA has for manufacturing firms, and exciting sector developments that are happening here.