North Carolina chemistry…

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Presentation transcript:

North Carolina 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 $18.7B, is the 3rd largest manufacturing industry in the state Makes North Carolina the 5th largest chemistry producing state Provides 20,484 direct jobs and another 28,477 related jobs North Carolina chemistry… Generates $3.5B in payroll across 441 establishments Has an average wage of $71,798, 23% higher than the average manufacturing wage Generates $344M in state & local taxes, and $643M in federal taxes Invests $1.2B to build & update equipment and facilities Ships $3.6B in products to customers around the world Generates an additional 33,964 jobs in plastics & rubber products americanchemistry.com