NJMEP Announces Impact of $3.1 Billion on New Jersey’s Manufacturers and Over 26,500 Jobs Created or Retained
(Cedar Knolls, N.J.) – 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 enabled Garden State manufacturers to create or retain more than 26,500 jobs for the state’s economy. The numbers reflect NJMEP’s impact from 2000 through 2015, and the most recent impact data was collected by an independent third-party.
The $3.1 billion in value was realized through the following: $2.3 billion in increased and retained sales, $343.1 million in cost savings and $520.9 million in investments.
NJMEP is a not-for-profit that helps New Jersey’s manufacturers become more profitable. NJMEP’s services are geared towards assisting state manufacturers increase sales, reduce costs, improve efficiencies and spur job creation. 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 programs and service areas include:
- Business Development Services
- Contingency and Emergency Planning
- Destination Innovation
- Energy Alliance Program
- Green Manufacturing and Sustainability
- Lean Business Solutions
- Quality Management Systems & ISO
- R&D Tax Credits
- Six Sigma
- Supply Chain, Transportation and Logistics Services
For more information about NJMEP, visit www.njmep.org or call 973-998-9801.
NJMEP is a not-for-profit 501(c)3 organization affiliated with The National Institute of Standards and Technology’s (NIST) Hollings Manufacturing Extension Partnership (MEP), a network of 58 MEP centers across the U.S. and Puerto Rico. To learn more about NJMEP visit www.njmep.org or call 973-998-9801.