Gov. Henry McMaster issued a proclamation Oct. 5 recognizing “National Manufacturing Day” and declaring October “South Carolina Manufacturing Month” at Anderson-Oconee-Pickens Business & Industry Showcase in Anderson.
The event hosts eighth-graders from Anderson, Oconee and Pickens counties as they meet local business leaders and learn about career opportunities in the region.
“Manufacturing is at the heart of what makes South Carolina a great place to work and live,” said McMaster. “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.”
The impact of manufacturing
SC Future Makers, a nonprofit affiliated with the SCMA, released an economic impact study, which included information about the state’s manufacturing industry, including:
- S.C.’s manufacturing economic impact is estimated between $194 billion and $206 billion annually.
- 16% of the state’s GDP is associated with manufacturing.
- Manufacturing supports, either directly or indirectly, more than 30% of all S.C. jobs.
- The industry pays an average annual salary that is 33% 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% of South Carolina’s General Fund revenue comes from the manufacturing industry.
- South Carolina has announced more than 45,000 new jobs and $16 billion in capital investments in manufacturing since 2017.
