NEPIRC Announces Impacts of $756 Million and More Than 5,600 Jobs on Region’s Manufacturing Economy
NEPIRC announced that its programs and services have enabled northeastern and northern tier of Pennsylvania manufacturers to realize more than $756 million in value. NEPIRC has also enabled regional manufacturers to create and retain more than 5,600 jobs. The numbers reflect NEPIRC’s impact from 2009 thru 2013 as reported by an independent third-party, the Fors Marsh Group.
NEPIRC is a private, not-for-profit corporation that helps manufacturers throughout northeastern Pennsylvania and northern tier counties become more profitable. NEPIRC’s services are geared towards assisting manufacturers increase sales, reduce costs, improve efficiencies and spur job creation. The organization is chartered by Pennsylvania’s Industrial Resource Center legislation and the National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP) program, a network of more than 60 MEP centers across the United States.
The organization’s $756 million in client-reported value was realized through the following: $606 million in increased and retained sales, $85 million in regional expansions or investments and $65 million in cost savings.
“We are extremely pleased with the positive impact NEPIRC has had on the manufacturing community, our regional economy and the Commonwealth’s continued leadership in manufacturing,” says Eric Joseph Esoda, CPA, NEPIRC’s Executive Director. “This year, we’re introducing additional services that will help manufacturers continue to grow.”
NEPIRC will specifically aim to help manufacturers through its Reshoring Manufacturing Jobs initiative, consisting of services designed to create Pennsylvania-based supply chains for currently outsourced products, and enhanced services in the areas of innovation, continuous improvement and quality systems.
In additional to revenue generated from client engagements, NEPIRC receives support through the MEP program and the Commonwealth of Pennsylvania’s Partnerships for Regional Economic Performance program.
April 2, 2014