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NY MEP generated nearly $1B in economic impact in 2020

By Eric Reinhardt (ereinhardt@cnybj.com)

Date:

ALBANY, N.Y. — The New York Manufacturing Extension Partnership (NY MEP) says it helped create or retain 6,637 jobs and generate $994 million in financial impacts such as company cost savings, new investments, and increased or retained sales.

NY MEP is a statewide network of 11 organizations that provide growth and innovation services to small- and mid-sized manufacturers.

The network on July 13 announced its economic impact for 2020, describing it as a “challenging yet transformative year for the manufacturing industry.” 

The economic-impact information is based on data from the National Institute of Standards and Technology’s Hollings Manufacturing Extension Partnership (NIST MEP), the federal agency that administers the national MEP program. The data combines performance metrics from each of the 11 NY MEP centers.

“As New York’s manufacturers confronted uncertainty, adversity, and disruption amid the pandemic, the NY MEP network stepped up in a big way. Each of the centers was tireless in its work to help manufacturers overcome challenges, pivot to new products, adopt new technologies and scale innovative ideas,” Matt Watson, senior VP of NYSTAR, said. “By deploying NYSTAR funding, providing direct assistance and helping companies navigate NYSTAR’s robust network of over 70 innovation assets, the NY MEP centers delivered a massive economic impact in 2020, measuring at nearly $1 billion and over 6,600 jobs. 

NYSTAR — Empire State Development’s Division of Science, Technology and Innovation — oversees the NY MEP, which brings together 10 regional centers and one statewide center, Albany–based FuzeHub. 

The NY MEP centers serve as “go-to” resources for local manufacturers that are seeking support or assistance. Services available through the NY MEP include innovation, process and quality improvement, product development, scale-up, tech acceleration, cybersecurity assistance, research commercialization, sustainable manufacturing, technology-driven market intelligence, marketing, and supply-chain assistance.

In New York state, manufacturers employ 419,478 people, which represents a payroll of about $38 billion in manufacturing-worker earnings. The industry produces an economic output of $84.4 billion, NY MEP said. 

Beyond the statewide center, FuzeHub, the regional NY MEP centers include TDO in Salina, which serves Central New York; Mohawk Valley Community College’s Advanced Institute for Manufacturing (AIM) in Utica, which assists the Mohawk Valley; Alliance for Manufacturing & Technology (AM&T) in the town of Dickinson, which serves the Southern Tier; CITEC at Clarkson University in Potsdam, which helps the North Country; and NextCorps in Rochester, which serves the Finger Lakes region.

Additional NY MEP centers include the Center for Economic Growth (CEG) in the Capital Region, Insyte Consulting in Western New York, ITAC in New York City, Manufacturing and Technology Resource Consortium (MTRC) on Long Island, and Manufacturing & Technology Enterprise Center (MTEC) in the Mid-Hudson region.

The 11 NY MEP centers are among the more than 70 NYSTAR-backed centers across the state “working to generate technology-driven economic growth,” per the release. This statewide network of innovation assets provides entrepreneurs, researchers, and business leaders with access to the support, assistance, and resources to solve business challenges, develop and scale new technologies, start companies, and grow existing businesses. 

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