In the average year, MC Assembly, a leading mid-tier electronic manufacturing service provider based in Melbourne, Florida, creates a positive economic impact, employing hundreds of workers and spending approximately $60 million in the state of Florida. More than $30 million of that is in Brevard County alone.

“That’s employees’ salaries and their benefits, utilities and rent, but it’s also materials we procure locally from local businesses,” said MC Assembly CEO George Moore. “When you look at the statistics, there’s a huge multiplier effect to that.”

A study conducted by the National Association of Manufacturers concluded that for every $1 spent by a manufacturing company, $1.81 is added to the local economy, a higher multiplier effect than any other industry.

“For every dollar we spend buying something or we spend on salaries, that person has a mortgage, that person has a car, that person buys gas,” Moore said. “That local company that we buy from, they have employees and they all pay taxes. We’ve been around here for 30 years, so it’s a long standing commitment that we make to the community and the people on an economic basis.”

Each employee represents a local family which has an impact on the local economy and community.  In a time when so many people are concerned about U.S. manufacturing jobs being moved overseas, it is worth examining how vital and impactful the remaining manufacturing companies are to the local economy and the impact it would have to the local economy and to communities to lose them, because of high taxes and over regulation.

“We’re one of the larger employers in the county and we have a 25-million-dollar annual payroll and benefits and those dollars that our employees earn have a ripple down effect across the local economy,” said MC Assembly CFO Mark McReynolds.

According to U.S. Department of Labor statistics, the US has seen a dramatic drop in manufacturing jobs over the last 30 years, most sharply in the early 2000’s. The employment numbers have stabilized since 2005, but much of the decline has been attributed to increasing numbers of companies manufacturing overseas to lower production costs and increases in efficiency and automation. However, despite a decline, manufacturing remains a strong engine of the economy. In 2015, manufacturing contributed $2.17 trillion dollars to the U.S. economy.

“We believe that manufacturing is the engine of the economy,” said Luis Ramirez, MC Assembly Chief Operations Officer. “Our model is a North American model and we’re very proud that we have facilities in the U.S. and in Mexico, so we’re able to provide our customers with a solution made in North America.”

Therefore, it is vital to preserve this industry in the U.S. to keep local jobs and economies strong.