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Economic Development-Economic Impact in Manufacturing
In the Spotlight
Manufacturing Training Event
Cerritos hosts Manufacturing training.

Verisurf Software Donation
VERISURF donates $528,000 worth of software.

Partnering to Help Dislocated Workers
Our training recognized for partnership success.

Cerritos CACT Honored by DOD Program
Cerritos CACT receives the prestigious Air Force Nunn-Perry Award.

 

Economic Impact on California Manufacturing

California is home to more manufacturers than any other state in the union. With over 1.4 million high-paying jobs, California manufacturers are important drivers to the country's innovation, investment, and productivity. Manufacturing is also a huge job multiplier, with estimates that between 2 to 7 non-manufacturing jobs are created for each manufacturing job. The continued success of California's manufacturers remains critical to the health of both our state and national economies.

Cerritos College Economic Development and Center for Applied Competitive Technologies (CACT) has a long record of supporting California manufacturing grown and sales by improving productivity and competitiveness. The independent third-party results shown here verify the highly beneficial financial impacts to manufactures, and subsequently, to job growth, retention and the state's economy.

Year Mfgs Served Mfgs Invstments Mfgs Sales Improvement Mfgs Cost Savings Mfg Jobs Created and Retained Tot Mfg and Non-Mfg Jobs*
2005 4 $240,000 $3,550,000 $25,000 35 140
2006 5 $3,180,000 $1,520,000 $839,000 88 352
2007 6 $14,850,200 $2,000,000 $912,638 256 1024
2008 5 $30,210,001 NA NA 415 1660
2009, YTD 6 $6,228,781 $4,200,000 $1,650,000 214 856
Total 26 $54,708,982 $11,270,000 $3,426,639 1008 4032
Total jobs calculated with average multiplier of 4 for every job created based on Dept. of Labor data for manufacturing jobs multiplier.

 

 Cerritos College - Economic Development © 2009
Web Author(s): clo, lisai

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Last Update: 9/16/2009