South Carolina’s 5,290 manufacturers deliver up to $206 billion a year in economic impact to the state, sustaining 700,000 jobs that pay $36 billion in annual wages, a recent study sponsored by the South Carolina Manufacturers Alliance (SCMA) said.
The 40-page economic impact study, produced by SC Future Makers, a workforce nonprofit affiliated with the SCMA, maintains manufacturing either directly or indirectly supported 30% of Palmetto State jobs and more than 15% of about 350,000 private-sector jobs created in South Carolina between 2010-19 have been in manufacturing.
“The manufacturing industry has been the driving force of our state’s economy for over a century,” SCMA President and CEO Sara Hazzard said. “The value and promise that American manufacturing provides is South Carolina’s story. Ours is an industry that offers great careers, drives innovation, transforms communities for the better, and creates lasting impacts that benefit all South Carolinians.”