NJMEP Announces Impact of $3.2 Billion on New Jersey’s Manufacturing Community and Over 27,000 Jobs Created or Retained

July 15, 2016 by njmepdevadmin

The New Jersey Manufacturing Extension Program, Inc. (NJMEP) announces that its programs and services have helped New Jersey manufacturers realize more than $3.1 billion in value. NJMEP has also enable Garden State manufacturers to create or retain more than 27,000 jobs for the state’s economy. The $3.2 billion in value was realized through the following:

$2.3 billion in increased and retained sales
$347.6 million in cost savings
$529.5 million in investments

The numbers reflect NJMEP’s impact from 2000 through the beginning of 2016. The most recent impact data was collected by an independent third-party.

NJMEP is a not-for-profit that helps strengthen the global competitiveness of New Jersey’s manufacturers. Through personalized services fitted to meet the needs of manufacturers, NJMEP develops more effective business leaders, drives product and process innovation, promotes company-wide operational excellence, produces a better-trained workforce and fosters creative strategies for business growth and greater profitability.

As the leading advocate for New Jersey manufacturers, NJMEP’s goal is to help and lead manufacturing innovation, improve processes, strengthen career pathways, and grow manufacturing in the Garden State. The organization is chartered by The National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP), a network of MEP centers across the U.S. and Puerto Rico.

NJMEP’s key program areas include:

For more information about NJMEP, visit www.njmep.org or call 973-998-9801.

NJMEP Announces Impact of $3.2 Billion on New Jersey’s Manufacturing Community and Over 27,000 Jobs Created or Retained

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