In recognition of the impact and importance South Carolina’s manufacturing industry has throughout the state, Gov. Henry McMaster issued a proclamation recognizing “National Manufacturing Day” and declaring October “South Carolina Manufacturing Month.”
“Manufacturing is at the heart of what makes South Carolina a great place to work and live,” McMaster said. “This incredible industry has been a driving force for prosperity throughout our state and will continue to be a pillar of our economy for generations to come.”
McMaster made the announcement alongside the leadership of the South Carolina Manufacturers Alliance (SCMA) and the South Carolina Manufacturing Extension Partnership (SCMEP) at the Anderson-Oconee-Pickens (AOP) Business & Industry Showcase on Oct. 5, 2022.
This is the 14th year the AOP Business & Industry Showcase has been held. The annual event hosts all 8th graders from the three-county region at the Civic Center of Anderson over a two-day period where students can meet local business leaders and learn about career opportunities in manufacturing and other industries.
In 2021, SC Future Makers, a nonprofit education and workforce organization affiliated with the SCMA, released an economic impact study highlighting the impact manufacturing has in South Carolina.
Key findings include:
- South Carolina’s manufacturing economic impact is estimated to total between $194 billion and $206 billion annually;
- 16 percent of the State’s GDP is associated with manufacturing;
- Manufacturing supports, either directly or indirectly, over 30 percent of all jobs statewide;
- The industry pays an average annual salary that is 33 percent higher than the state’s average wage;
- Manufacturing creates more jobs than virtually any other sector and has a multiplier effect of 2.4;
- 38 percent of South Carolina’s General Fund revenue comes from the manufacturing industry;
- South Carolina manufacturing is largely anchored by the aerospace, automotive, and tire sectors along with their extended supply chains. The three sectors experienced growth at a collective rate of more than three times the state average over the past decade.
- South Carolina has announced more than 45,000 new jobs and $16 billion in capital investments in manufacturing since 2017.
A copy of the proclamation can be viewed by Clicking Here.