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

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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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Press Releases

The 18th Annual Governor’s Advanced Manufacturing and High Technology Summit a Virtual Success

On Thursday, October 29th, the 18th Annual Governor’s Advanced Manufacturing and High Technology Summit was successfully conducted online with over 200 participants in attendance, (mostly small to medium-sized manufacturers) making it one of the largest manufacturing events to be held virtually since COVID-19 began. Mike Mastergeorge, Vice President of Brazonics Inc. kicked off the summit thanking the teams at NH MEP, NH Department of Business and Economic Affairs, and the NH Business and Industry Association. He thanked People’s United Bank and BAE Systems as the major sponsors and acknowledged the other sponsors as well. He introduced Taylor Caswell, Commissioner of NH Department of Business and Economic Affairs, who made opening remarks and introduced Governor Chris Sununu. The governor acknowledged progress made in manufacturing and other sectors and encouraged manufacturing innovation in the state as the sector recovers.

Progressive Manufacturing & SÓLAS Expand with Purchase and Move to Newport, NH

Newport, NH – After years of continuous growth, Progressive Manufacturing, Inc. announces the purchase of a manufacturing facility located in Newport, New Hampshire. With significant improvements over the past few months, the renovated facility, offices, and warehouse are now home to Progressive Manufacturing and its fireplace brand, SÓLAS Contemporary Fire. Both businesses are fully operational at the new headquarters as of October 26, 2020.

With over 40,000+ square feet, the new facility has doubled Progressive Manufacturing’s space. The move provides a unique opportunity to create a modern manufacturing workplace, streamline production, and create a new showroom for the SÓLAS brand of fireplace products.

NH Housing Relief Offers Funding for Residents Struggling with Rent or Mortgage Due to COVID-19

The Governor’s Office for Emergency Relief & Recovery (GOFERR) has announced the New Hampshire Housing Relief Program, an initiative designed to keep people from losing their housing and to secure or maintain permanent housing.

There is a concern about the current moratorium on evictions. Many people who could access these funds are not doing so since they cannot be evicted at this time. The issue is that the safeguard from eviction and these funds are currently scheduled to end on the same day (December 30, 2020).

Students Learn about Safran’s Manufacturing Capabilities During New Hampshire Manufacturing Month

Rochester, NH – The aerospace activities of Safran Aerospace Composites in Rochester, New Hampshire, were spotlighted during the 7th annual New Hampshire Manufacturing Month. In a virtual presentation on October 2, Human Resources Manager Sean Hoeing provided an overview of the company’s activities and career opportunities. At Rochester, Safran Aerospace Composites partners with Albany International to produce jet engine components.

This annual month-long celebration of manufacturing is organized by New Hampshire Manufacturing Extension Partnership (NHMEP) in collaboration with the New Hampshire Department of Business and Economic Affairs, the Business and Industry Association, the Council, the New Hampshire Department of Education, and many other partners.

NIST Promoting Several Prize Challenges to Solve Industry Needs

The National Institute of Standards and Technology (NIST) Public Safety Communications Research Division (PSCR) is offering six prize challenges through its Open Innovation program to innovators, manufacturers, students and companies across industry. PSCR Open Innovation focuses on outcomes and results, not on specific requirements. The problem solvers (aka Challenge participants) determine the “how” and the “solution” by using their creativity to reach the desired goal. Participants may advance their research concept, commercial their products, or enhance their business products all while improving safety and efficiency for America’s First Responders.

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