Released on November 25, 2013
Saskatchewan’s manufacturing sector - responsible for thousands of jobs, billions of dollars in exports and establishing the “Made in Saskatchewan” brand as a mark of quality around the world - will be profiled this week with events around the province.
Saskatchewan Manufacturing Week, held from November 25–29, will showcase the province's high-tech, globally-competitive manufacturing sector that is contributing, along with agriculture and resource production, to making the Saskatchewan’s economy one of the growth leaders in Canada.
“Thanks to the ingenuity and quality of the products our manufacturers are building and exporting, the Saskatchewan brand is highly competitive and increasingly well-established in the global marketplace,” Economy Minister Bill Boyd said. “As a province of traders who export roughly 80 per cent of what we manufacture, we are continually seeking new markets to keep growing our economy here at home, and these companies are at the very forefront of that effort.”
Manufacturing employs more than 27,000 people in highly skilled jobs throughout Saskatchewan and generated approximately $14.2 billion in shipments in 2012. September was a record-breaking month for Saskatchewan’s manufacturing sales numbers, with a 9.0 per cent increase over August 2013, totalling $1.3 billion. These were the strongest figures yet for 2013 and put Saskatchewan in second place among the provinces.
“It’s no secret that manufacturing is central to the economic and social fabric of our province,” Saskatchewan Manufacturing Council Executive Director Derek Lothian said. “It provides stable, high-paying employment, drives investment in our communities, and has the largest economic multiplier of any sector - $3.15 for every dollar in total output. The nature of manufacturing is now global; fortunately, Saskatchewan manufacturers have already proven to be world class.”
Manufacturing Week is a partnership among the Ministry of the Economy, the Regina Regional Opportunities Commission, the Saskatoon Industry Education Council, the Saskatchewan Trade and Export Partnership and participating corporate sponsors.
Additional details and a calendar of events for the week are available at http://economy.gov.sk.ca/mfgweek. For more information about the Saskatchewan Manufacturing Council, visit www.saskmanufacturing.ca.
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For more information, contact:
Deb Young
Economy
Regina
Phone: 306-787-6315
Email: deb.young@gov.sk.ca