The City of Lynchburg’s Wireless Communication and Electronic Components cluster boasts strong specializations in electronic components development, circuit board production and wiring manufacturing. As such, the cluster plays a critical role in developing the technology and infrastructure needed to support IT and wireless communications. Firms such as Harris Corporation and Innovative Wireless Technologies offer a foundation for the City to grow its presence and expertise in this sector by identifying additional suppliers and complimentary companies. Likewise, the City has a strong engineering, electronic technician and components skills base to fuel the growth of this sector.
Defining the Cluster
Our analysis used the following NAIC codes to define the cluster:
- Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)
- Power Distribution and Specialty Transformer Manufacturing (335311)
- Current-Carrying Wiring Device Manufacturing (335931)
- Printed Circuit Assembly (Electronic Assembly) (334418)
- Bare Printed Circuit Board Manufacturing (334412)
- Telecommunications Resellers (517911)
- Other Industrial Machinery Manufacturing (333249)
- Other Electronic Component Manufacturing (334419)
- Industrial Design Services (541420)
- Data Processing, Hosting, and Related Services (518210)
- Electrical Contractors and Other Wiring Installation Contractors (238210)
- Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (423430)
- Other Electronic Parts and Equipment Merchant Wholesalers (423690)
Competitive Advantages and Key Takeaways
Our analysis of the City of Lynchburg’s Wireless Communication and Electronic Components cluster yielded the following key takeaways:
- With an estimated 33 firms and an LQ of 1.84, the cluster exceeds the U.S. average by 84 percent, indicating a strong
- Firm formation has been limited, adding just one firm from 2012 to 2016.
- Employs nearly 1,200 workers, with an LQ that is 9 times the national average.
- Specific competitive advantages, despite its small firm count. Boasts a large number of specializations, including: Computer Terminal and Other Computer Peripheral Equipment Manufacturing (LQ 7.42), Power, Distribution, and Specialty Transformer Manufacturing (25.05), Printed Circuit Assembly (4.53), Bare Printed Circuit Board Manufacturing (3.32), Other Industrial Machinery Manufacturing (6.35), and Other Electronic Parts and Equipment Merchant Wholesalers (5.84).
- Data analysis suggests the sector’s strongest capability lies in electronic components production and circuit board manufacturing and assembly. This insight should be confirmed through company visits.
The City of Lynchburg’s Wireless Communication and Electronic Components cluster will need to draw upon skilled engineering, electronics, and production talent:
- An estimated 4,100 Lynchburg workers have the foundational skills needed to participate in the Wireless Communication and
Electronic Components cluster.
- Strong talent advantages in electrical engineering (3.29), industrial engineering (1.58), electronic and electrical drafting (3.54), semiconductor processing (1.63), and electronics assembly (2.34).
- Lynchburg’s electronic components skill base is 20 percent larger than the U.S. average.
- The cluster’s talent base is expected to grow 6.6 percent from 2017 to 2023.
- On average, workers with skills for this section earn $54,000 annually.
- Education levels required for this cluster include a college degree, high school diploma and technical training.