Advanced manufacturing is a major driver of the Iowa economy.
- Advanced manufacturing is Iowa’s largest industry contributing $31.2 billion annually to the state’s economy, which represents 18.8% of Iowa’s gross state product.
- Iowa is ranked eighth nationally in terms of the importance of manufacturing to the state's economy (Bureau of Economic Analysis, 2015)
- Over 6,000 manufacturers employ about 224,000 Iowans.
- Iowa exported $13.1 billion worth of manufactured and value-added goods in 2015. (Global Trade Information Service, 2015)
Iowa's top-performing industry divisions hold a pre-eminent position in the United States. Industrial metal processing, automation precision machinery, environmental control systems, digital and electronic devices, and power-generation equipment are highly specialized, surpassing the national trend. Other key industries include:
- Aerospace and defense
- Industrial chemicals
- Construction components
- Commercial and industrial motor vehicles
- Food and food ingredients
- Printing and packaging
- Drugs and medical devices
Some of the world's leading companies manufacture in Iowa, reinforcing the state's position as a center for Advanced Manufacturing: Alcoa, Rockwell Collins, Siemens Windpower, Mahle, Sauer Danfoss, CNH, Siemens Energy & Automation, Alfa Gomma, NSK Corporation, John Deere, Fisher Controls, SSAB, Sears Manufacturing, Schneider Electric, Winnebago, Eaton Corp., Bandag, Pella, Vermeer and many more.