FloridaMakes Reports New Impact Numbers

We are excited to report that Florida manufacturers who received services through FloridaMakes have reported a combined total of over $1.24 billion in measurable impacts (total survey data through Q2, 2019). The results break down to include:

• Increased or retained sales: $848.8 million
• Total cost savings: $110.5 million
• Total investments: $285.5 million (equipment, new products, skills and other)
• Jobs created or retained: 8,362 The survey results represent data from 315 firms.

On average, $3.9 million in total impact and over 26 jobs were created or retained per firm. The findings were reported directly by manufacturers through a third-party outside survey conducted on behalf of the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST MEP).

FloridaMakes is a great resource and can help your company address current challenges, create new opportunities for growth and achieve measurable results. 

To learn how FloridaMakes’ services can unlock growth opportunities and cost savings for your company, contact your FloridaMakes’ Business Advisor here.

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