Every $1 of federal investment in FY 2021 delivered
• $26.20 in new sales growth
• $34.50 in new client investment
The result: $14.4 billion in new, retained sales for U.S. manufacturers
Jobs
For every $1,193 of federal investment, the network created or retained one manufacturing job
In FY 2021, the MEP National Network interacted with:
• 34,307 U.S. manufacturers from nearly all manufacturing industries
• Helped U.S. manufacturers create, retain 125,746 jobs
• $14.4 billion in new, retained sales
• $5.2 billion in new client investments
• $1.5 billion in cost savings
Top 4 challenges over the next 3 years
63% - Employee recruitment and retention
60% - Cost reduction
46% - Identifying growth opportunities
38% - Innovation/product development
CARES Act impact
• NIST MEP awarded $50 million in federal funds
• MEP Centers served more than 5,300 companies with more than 7,300 CARES Act-funded projects
• 18,000 jobs created or retained
• Expanded reach of MEP Centers to serve more than 2,200 new manufacturing clients
• $1.4 billion in new, retained sales
• $480 million in new client investments
• $175 million in total cost savings
