New York City is home to more than 10,000 manufacturers and industrial firms. These firms employ nearly 500,000 people – approximately 15% of New York City’s workforce. Our industrial and manufacturing firms run the range from architectural products to bagel makers and custom furniture builders.
Supporting NYC
For the most part, manufacturing and industrial businesses support New York City’s more signature trademarks such as the arts, museums, shopping and restaurants as the city’s signature trademarks. For example, the precious artwork displayed at our museums are packed and shipped by handlers located in the Port Morris section of the Bronx and the Williamsburg-Greenpoint neighborhood of Brooklyn.
The merchandise display cases at Tiffany’s and Saks’ Fifth Avenue were manufactured in Sunset Park, Brooklyn. Broadway’s many theatrical sets and lighting ensembles are designed and built in Long Island City, Queens. And the fresh meat and produce that make up that five-star meal are trucked in from the Hunts Point section of the Bronx.
Manufacturing is Big Business
The manufacturing and industrial sectors contribute more than $1.7 billion annually to the local economy and new companies continue to enter the market.
Slightly more than a third of the industrial companies in New York City have been in business five years or less, a third have been in business six to 20 years and about 25 percent have been in business for more than 20 years. |