The Penn State Workforce Education and Development Initiative conducted an analysis of the economic impacts of hardware manufacturing in Lackawanna and Luzerne counties and released an Economic and Workforce Brief, “Role of Hardware Manufacturing in the Economy of Lackawanna & Luzerne Counties.” The Brief quantifies the role of every 100 workers employed by the hardware manufacturing industry in generating jobs, compensation, and property taxes in the region.

This Brief helps explain the impact of plans announced by McKinney Products to move its operations from the region, a move that will affect nearly 200 jobs at McKinney’s Moosic, Pennsylvania, plant. Additional information is available at:
http://tinyurl.com/2nl9y6

Data from the 2002 Economic Census, the most recent economic census available, indicate that there were 32 establishments in the Pennsylvania involved in hardware manufacturing that generated $405 million in receipts (3.9% of US receipts in hardware manufacturing) with 2,498 employees (4.1% of US employees in hardware manufacturing) and an annual payroll of $79.8 million (3.8% of US payroll in hardware manufacturing).

An analysis behind a Penn State Economic & Workforce Brief targets an industry (a group of establishments providing similar products or services), not an individual firm. As a result, economic and workforce impacts calculated for a Brief represent an industry average, not the impacts generated by an individual firm.

For additional information about this Brief or about the work of the Penn State Workforce Education and Development Initiative, contact Rose M. Baker (814.865.9919; rmb194@psu.edu) or David L. Passmore (814.863.2583; dlp@psu.edu). To view other Brief reports produced about other Pennsylvania industries and regions, navigate to: http://PSUBrief.notlong.com
Order a Brief for your area using a form provided on this web site.