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 2004-2017, Pennsylvania Industrial Resource Center clients independently reported $9.5 billion in increased or retained sales.
Over the same time period, those IRC clients created or retained 73,131 jobs.
The Commonwealth’s 566,000 manufacturing jobs pay an average wage of $72,500.
For every dollar the PA Department of Community & Economic Development allocates to an IRC, client companies return $130 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 2016-17 was just $1,036.
More than 5,115 jobs were created or retained in Fiscal Year 2016-17 as a result of companies using IRC services.
In Fiscal Year 2016-17, increased sales due to IRC aid generated $143 million in increased demand for Pennsylvania products and services.