The Manufacturing Sector play a key role in the economic landscape of Greater Lincolnshire and Rutland, driving growth, innovation, and prosperity across the region.
With approximately 66,000 individuals employed in the sector, manufacturing accounts for a significant portion of the local workforce, representing 14% of all jobs in Greater Lincolnshire and Rutland. Moreover, the sector's substantial contribution of £4.76 billion constitutes a remarkable 20% of the total economic value of the local area - a testament to its enduring significance and impact. According to MakeUK’s research, the UK manufacturing sector has also experienced significant growth, with output reaching £224 billion, elevating its global ranking from 9th to 8th place.
At the heart of Lincolnshire's manufacturing expertise lies a diverse list of businesses, both big and small, each contributing its unique blend of knowledge, creativity, and innovation to the region's economic environment, under the banner of 'Made in Lincolnshire'. Featuring more home-grown manufacturing businesses than ever, the 'Made in Lincolnshire' brochure celebrates the amazing manufacturing businesses that make our local economy great.
From engineering to technology innovations, the interactive brochure showcases businesses of all sizes and specialisms and is available for download here.
Despite concerns of economic conditions, challenges such as energy prices and geopolitical instability persist, opportunities are perceived to outweigh risks by 62% of manufacturers, suggesting a positive outlook for the sector. Our region has remained resilient despite the challenges faced on the national stage, with only a modest decline in manufacturing employment compared to the broader landscape. The County’s strategic location, coupled with its skilled workforce and supportive business environment, positions it as a prime destination for manufacturing investment, growth and success. Moreover, the sector continues to evolve and adapt, leveraging technological advancements and innovation to drive productivity, competitiveness, and opportunities.
The potential for the sector is clear in the statistics shared by MakeUK at the recent Greater Lincolnshire and Rutland Manufacturing Conference 2024, showing that more than half of manufacturers (53%) are gearing up to launch new products, indicating a clear focus on innovation and market expansion.
Furthermore, digital technology is also seen as a driver of productivity, with 71% of manufacturers agreeing on its importance in 2024, demonstrating the significant role of blending the physical and digital realms, advancing automation, and embracing cutting-edge technology to elevate workforces and help them compete against competitors and boost productivity.
As we celebrate the remarkable achievements and contributions of the region’s manufacturing sector, we invite businesses to explore the wealth of opportunities available. Whether you're an entrepreneur seeking to establish your presence or a reputable industry leader looking to expand your operations, Made in Lincolnshire offers a supportive ecosystem and a welcoming environment for success.
If you would like to be included in the interactive brochure, please complete the Expression of Interest by clicking here.
Together, let's utilise the power of manufacturing to drive innovation, create jobs, and build a brighter future for the region and beyond!
