Massachusetts Massachusetts chemistry…

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Presentation transcript:

Massachusetts Massachusetts chemistry… Global Challenges, Chemistry Solutions American chemistry is essential to our economy and plays a vital role in helping to solve the biggest challenges facing our nation and our world by driving innovations that make our lives and our world healthier, safer, more sustainable and more productive. Unprecedented access to domestic natural gas is helping to drive a renaissance in U.S. manufacturing. Renewed competitiveness in America’s chemical industry is helping to create jobs, grow payrolls and generate new tax revenue, affirming the chemical industry’s role as the cornerstone of our country’s economic future. September 2018 At $3.6B, is the 8th largest manufacturing industry in the state Provides 6,669 direct jobs and another 7,929 related jobs Generates $582M in payroll across 245 establishments Massachusetts chemistry… Has an average wage of $87,224 Generates $104M in state & local taxes, and $110M in federal taxes Invests $304M to build & update equipment and facilities Ships $1.2B in products to customers around the world Generates an additional 12,478 jobs in plastics & rubber products americanchemistry.com