NHMEP Economic Impact Report

The Economic Impacts of the New Hampshire Manufacturing Extension Partnership Program on the New Hampshire Economy

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2 Year Executive Summary – March 2020

IMPACT TO NH MANUFACTURERS

The New Hampshire Manufacturing Extension Partnership (MEP) program is supported by the National Institute of Standards and Technology within the U.S. Dept. of Commerce to help small- and medium-size manufacturers identify and implement advanced manufacturing and management technologies. Through a network of resources, the MEP links client firms with local and national sources of expertise to address specific problems. This study estimates the total economic contribution to the New Hampshire economy from firms whose employment, sales, or investment activity changed as a direct result of assistance provided by the New Hampshire MEP.

New Hampshire MEP clients are surveyed, by an independent third party survey company, to determine the economic impact resulting from their relationship with the MEP program. Clients are surveyed roughly one year after the completion of a project and asked a number of questions relating to changes in efficiency and output as well as questions relating to the quality of the MEP services they received. 117 companies surveyed over the past two years reported that as a result of their relationship with New Hampshire MEP they have experienced:

 

Created Jobs

Retained Jobs 

$M

Cost Savings

$M

Increased or Retained Sales

$M

New Investments

IMPACT TO NH ECONOMY

The effects of this increased economic activity extends beyond the client firms. Increased sales by New Hampshire MEP client firms require that they increase their purchases of intermediate goods and services from companies located in New Hampshire and elsewhere to support their increased output. The supplying companies, in turn, generate additional demands of their own. In this way, dollar expenditures for final demand can be traced backward to all of the affected industries in the regional economy. In addition, the income from new jobs generated by New Hampshire MEP clients and the supplying firm’s results in increased demand for consumer goods. Each of these effects, in turn, generates subsequent ripples throughout the New Hampshire economy. The sum of these direct, indirect, and induced effects suggests that small- and medium-size manufacturing companies that increased or retained jobs or sales and/or increased investments with assistance from the New Hampshire MEP are responsible for.

Created or Retained Jobs that paid $151M in employee wages and benefits

$M

Increased or retained economic output

$M

Contributed or Retained Gross State Product

$M

Generated or Retained in additional tax and non-tax revenues at the Federal, state and local government levels

$M

Generated or Retained in additional tax and non-tax revenues at the state and local level

1 No client is surveyed more than once in a 12 month period. Data is from 8 Quarterly Surveys, which were conducted from April 2018 through February 2020. Clients are asked about impacts experienced over the past year.
2 Reported impacts modeled using IMPLAN Pro version 3.0 software. Modeling procedures available upon request.

Manufacturers

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Education

Are you an educational institution that would like to have manufacturers present at your facility? Or schedule a student tour with a manufacturer? 

08 October
Manchester
Friday

Principles of Lean Manufacturing

Best Western, 13500 S Willow Street, Manchester, NH

This webinar provides an introduction to the newest interpretations of the principles of Lean Manufacturing, along with the methodology to implement those notions into a modern manufacturing or service environment. Covered topics include, elimination of waste, improved material flow, 5S workplace organization, cellular flow, value stream mapping, the benefits of teamwork, assuring quality at the source, inspection and mistake-proofing at the source and the impact of vendor-related activities in an integrated supply chain.
14 October
Manchester
Thursday

Fundamentals of ISO 9001:2015

Best Western, 13500 S Willow Street, Manchester, NH

The purpose of this course is to introduce quality management system (QMS) concepts to business owners and/or those responsible for implementing and/or maintaining a QMS at their organizations.
22 October
Friday

19th Annual Governor’s Advanced Manufacturing & High Technology Summit

Virtual

This year’s online annual summit will kick off with welcoming remarks from New Hampshire state officials and feature keynote speaker David C. Stieren, Division Chief, Extension Services, NIST MEP on “Manufacturer and Supply Chain Resilience”. Also experience 4 new workshops on the most current topics in Manufacturing including Hiring and Retention, Cybersecurity, Lean Manufacturing, and Staying Safe and Open

About NH MEP

New Hampshire Manufacturing Extension Partnership
172 Pembroke Road
Concord, NH  03301

Phone: 603-226-3200

The New Hampshire Manufacturing Extension Partnership does not discriminate on the basis of race, color, creed, national or ethnic origin, gender, disability, age, political affiliation or belief. This nondiscrimination policy encompasses the operation of all educational and training programs and activities. It also encompasses the employment of personnel and contracting for goods and services.

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