Growing our Economy by Helping Small Manufacturers Succeed.

The Manufacturing Extension Partnership (MEP) program works with small and mid-sized U.S. manufacturers to help them create and retain jobs, increase profits, cut costs and improve competitiveness.

Small manufacturing is a critical component of the manufacturing industry, and the MEP supports national strategies to improve exports, accelerate technology adaption, improve supply chains and accelerate economic sustainability which in turn:

* CREATES & RETAINS WELL PAYING JOBS
  - Manufacturing supports an estimated 17.4 million jobs in the U.S. — about one in six private
    sector jobs (or 9 percent of the workforce).
  - In FY2013, the MEP created or retained 62,703 jobs.
  - Manufacturing workers earn significantly higher wages ($77,505 annually, including pay and benefits)
    than non-manufacturing workers ($62,063 annually, including pay and benefits).

* REDUCES THE DEFICIT
  - For every one dollar of federal investment, the MEP generates nearly $19 in new sales growth and
    $21 in new client investment. This translates into $2.2 billion in new sales annually.
  - In FY2013, MEP partners reported $2.5 billion in new investments.

* MAKES AMERICA MORE COMPETITIVE
  - U.S. manufacturers perform two-thirds of all R&D in the nation, driving more innovation than any
    other sector.
  - Taken alone, U.S. Manufacturing would be the 9th largest economy in the world.

* Statistics above are from NIST-MEP Client Impact Survey data and NAM.org.

AM&T and MEP
Proudly Serving U.S. Manufacturers since 1988!

After 25 years, MEP is going strong and still innovating, developing new programs and services to help manufacturers grow and succeed in the 21st century economy.


See this and other newsletter articles at http://amt-mep.org/files/3813/9421/7534/2014-03.pdf

Visit our website at http://www.amt-mep.org