Pennsylvania’s IRC Network has a significant impact on the state’s economy. From job creation to increased demand for PA Made goods, every dollar invested is repaid many times over.
From 2004-2016, Pennsylvania Industrial Resource Center clients independently reported $8.9 billion in increased or retained sales.
Over the same time period, those IRC clients created or retained 67,632 jobs.
The Commonwealth’s 568,000 manufacturing jobs pay an average wage of $70,414.
For every dollar the PA Department of Community & Economic Development allocates to an IRC, client companies return $150 in sales.
When state funding for IRCs declined in FY 2009-10, clients’ revenue dropped by 35 percent.
Pennsylvania investment per job created/retained by IRCs in Fiscal Year 2015-16 was just $907.
More than 5,600 jobs were created or retained in Fiscal Year 2015-16 as a result of companies using IRC services.
In Fiscal Year 2015-16, increased sales due to IRC aid generated $143 million in increased demand for Pennsylvania products and services.