New Mexico MEP Economic Impacts
New Mexico MEP is part of a national network of:
- 588 field locations
- Over 1,200 MEP experts
- More than 2,300 partners
SUCCESS STORIES
Mezel Mods: Competitive Niche Manufacturing in New Mexico
Through visual management, lean and line-balancing techniques, New Mexico MEP helped the firm improve its lead time, production volume, and quality, thereby reducing costs and pricing. > Read story
Action Plan on a Map: Value Stream Mapping Raises Awning Company’s Productivity
Over the course of two days, New Mexico MEP worked with a team of employees […] and reviewed and scrutinized each step for validity and appropriate assignment by asking – “Is it necessary? What is its purpose? When should it be done? Who should do it?” > Read story
New Mexico MEP a Key Partner in Private Label Select’s Success Story
MEP helped PLS implement quality-management systems and elevate its supply-chain management expertise. > Read story
Pivoting from International Crisis to Domestic Manufacturing
A supply chain discovery, combined with business coaching on how to best utilize New Mexico’s manufacturing incentives, reversed bioLime’s marriage to expensive coastal manufacturing options and resulted in designating New Mexico as the key manufacturing site for bioLime Inc. with local production partners. > Read story
The MEP national network *
Reduces the Deficit
- For every one dollar of federal investment, MEP generates $17 in new sales growth and $24 in new client investment.
- This translates into $2.3 billion in new sales annually.
- For every $1,900 of federal investment, MEP creates or retains one manufacturing job.
The manufacturing industry
Creates & Retains Well Paying Jobs
- 12.33 million U.S. manufacturing workers (9 percent of the workforce)
- $79,553 average annual earnings per worker (salary & benefits)
Makes America More Competitive
- U.S. manufacturers perform more than 3/4 of all R&D in the nation, driving more innovation than any other sector.
- Taken alone, manufacturing in the U.S. would be the world’s ninth-largest economy.
Per recent data, there are 256,363 firms in the manufacturing sector. Three-quarters have fewer than 20 employees.
* Results reported by MEP clients in FY2015. Recurring or cumulative benefits may be larger.