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For more information contact:
Kathie Mahoney, MassMEP, kathiem@massmep.org,
Shari Worthington, PR Counsel, Telesian Technology,

New Report: Economic Impacts of MassMEP and Advanced Manufacturing Practices on the Massachusetts Economy

Adoption of new technologies by SMEs has ripple effect on economy; creates thousands of jobs, $1+ billion in economic output, and millions in tax and non-tax revenues

October 21, 2013 – Worcester, Massachusetts -- The adoption of advanced manufacturing techniques by small- and medium-size (SME) manufacturers has had a significant impact on the Massachusetts economy over the past year. The new report, "The Economic Impacts of the Massachusetts Manufacturing Extension Partnership (MassMEP) on the Massachusetts Economy," estimates the total economic contribution to the state's economy by firms whose employment, sales, and/or investment activity changed as a direct result of MassMEP's programs and services.

Between November 2012 and August 2013, 101 manufacturing clients of MassMEP were surveyed by an independent, third party organization. The manufacturing companies reported that working with the MassMEP led to:

  • 510 new jobs created that otherwise would not have existed,
  • 1,619 jobs retained that otherwise would not have existed,
  • $148.2 million in increased and retained sales,
  • $48.8 million spent on new investments, and
  • $10.8 million in costs saved and avoided.

"The effects of the increased economic activity extend beyond these manufacturing firms," stated Jack Healy, Director of Operations, MassMEP. "As our clients grow, they increase purchasing of intermediate goods and services from their suppliers located in Massachusetts and elsewhere. These suppliers, in turn, generate additional demands on their own supply chain. Increased demand leads to dollar expenditures that can be traced to all of the affected industries in the regional economy, including end user consumer goods."

The sum of these direct, indirect, and induced effects ripples through the Massachusetts economy. As a result, small- and medium-size manufacturing companies that work with MassMEP to implement advanced manufacturing and management practices are responsible for:

  • 5,157 jobs created that paid a total of $346.2 million in employee wages and benefits,
  • $1.2 billion in increased or retained economic output,
  • $709.6 million in contributed or retained gross state product, and
  • $138.2 million of additional tax and non-tax revenue generated or retained at the federal, state, and local government levels; this includes $52.7 million at the state and local level.

The MassMEP program is supported by the National Institute of Standards and Technology (NIST) in the U.S. Department of Commerce and by the Commonwealth of Massachusetts. The goal is to help small- and medium-size manufacturing identify and implement advanced manufacturing and management technologies. Through a network of programs and resources, MassMEP links client firms with local and national sources of expertise to address specific problems.

Clients are surveyed about one year after the completion of a project and asked a number of questions related to changes in efficiency and output, and quality of the MassMEP services received.

About MassMEP
Massachusetts Manufacturing Extension Partnership provides services that help manufacturers transform and grow their organizations. From workforce strategies to lean training to supply chain management, MassMEP delivers positive, measurable, and sustainable impact on a company's top and bottom lines. Key programs include Innovation for Growth, Workforce Strategies, Systemic Continuous Improvement, and Value Opportunity Profile. For more information, visit www.massmep.org.

For further information contact:
Kathie Mahoney
MassMEP
100 Grove St.
Worcester, MA 01605
Tel: 508-831-7020
E-mail: kathiem@massmep.org
Web: http://www.massmep.org

PR Office:
Shari Worthington, President
Telesian Technology Inc.
49 Midgley Lane
Worcester, MA 01604 USA
+1 508.755.5242, Fax: +1 508.795.1636
Email:

© 2013, MassMEP, Manufacturing Advancement Center