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Economic Stimulus Programs
|
Survey year (2) |
Training participant (3) |
Reported increase in yearly sales |
Sales retained |
Jobs retained |
Jobs created |
Cost savings reported per year |
Unnecessary investments avoided |
Amount saved in investments |
Total investments |
| Totals |
$2,350,000 |
$8,370,000 |
50 |
100 |
$13,116,585 |
$4,834,963 |
$486,585 |
$23,695,963 |
| 2007 |
Satellite telecommunications company |
$250,000 |
$0 |
0 |
6 |
$100,000 |
$0 |
$0 |
$25,000 |
| 2007 |
Pharmaceutical company |
$0 |
$0 |
0 |
0 |
$0 |
$238,963 |
$0 |
$238,963 |
| 2007 |
Paint and coating manufacturing company |
$200,000 |
$500,000 |
4 |
1 |
$50,000 |
$15,000 |
$20,000 |
$90,000 |
| 2007 |
Soft drink and ice manufacturing company |
$0 |
$0 |
0 |
0 |
$0 |
$5,000 |
$0 |
$90,000 |
| 2007 |
Laminated plastics manufacturing company |
$0 |
$6,000,000 |
10 |
0 |
$400,000 |
$1,250,000 |
$0 |
$16,000,000 |
| 2007 |
Chocolate and confectionery manufacturing company |
$0 |
$0 |
0 |
0 |
$0 |
$0 |
$0 |
$78,000 |
| 2007 |
Paper mill company |
$0 |
$0 |
0 |
1 |
$0 |
$2,000.000 |
$0 |
$10,000 |
| 2007 |
Electrical equipment manufacturing company |
$200,000 |
$0 |
10 |
5 |
$10,000,000 |
$50,000 |
$0 |
$342,000 |
| 2007 |
Engine, turbine and power transmission equipment manufacturing company |
$0 |
$0 |
0 |
1 |
$0 |
$75,000 |
$0 |
$79,000 |
| 2007 |
Fabricated metal product manufacturing company |
$0 |
$0 |
0 |
0 |
$0 |
$0 |
$0 |
$0 |
| 2007 |
Navigational, measuring, electromedical, and control instruments manufacturing company |
$0 |
$0 |
0 |
0 |
$0 |
$0 |
$0 |
$1,150,000 |
|
| 2007 |
Medical equipment and supplies manufacturing company |
$0 |
$0 |
0 |
0 |
$0 |
$0 |
$0 |
$0 |
| 2007 |
Footwear manufacturing company |
$1,000,000 |
$1,000,000 |
15 |
0 |
$200,000 |
$1,000,000 |
$200,000 |
$1,150,000 |
| 2007 |
Animal food manufacturing company |
$0 |
$0 |
2 |
75 |
$0 |
$0 |
$0 |
$3,025,000 |
| 2007 |
Concrete product manufacturing company |
$600,000 |
$300,000 |
2 |
2 |
$80,000 |
$73,000 |
$5,000 |
$85,000 |
| 2007 |
Warehousing and storage company |
$0 |
$0 |
0 |
4 |
$0 |
$0 |
$0 |
$100,000 |
| 2007 |
Textile product mill |
$100,000 |
$70,000 |
4 |
2 |
$50,000 |
$20,000 |
$25,000 |
$155,000 |
| 2007 |
Semiconductor manufacturing company |
$0 |
$0 |
0 |
0 |
$2,000,000 |
$0 |
$0 |
$100,000 |
| 2007 |
Semiconductor manufacturing company |
$0 |
$0 |
0 |
0 |
$236,585 |
$0 |
$236,585 |
$769,000 |
| 2007 |
Spring and wire product manufacturing company |
$0 |
$500,000 |
3 |
3 |
$0 |
$108,000 |
$0 |
$209,000 |
Survey year (2) |
Training participant (3) |
Reported increase in yearly sales |
Sales retained |
Jobs retained |
Jobs created |
Cost savings reported per year |
Unnecessary investments avoided |
Amount saved in investments |
Total investments |
| Totals |
$2,350,000 |
$8,370,000 |
50 |
100 |
$13,116,585 |
$4,834,963 |
$486,585 |
$23,695,963 |
Note: Data involve transactions conducted from February 2007, following enactment of the 2006 Economic Stimulus Bill, to November 2007. Data are updated when provided by the administering agency.
* Not applicable ** Not yet available *** Not disclosed
Note 1: MassMEP reported that actual economic stimulus funding received by MassMEP in Fiscal Year 2007 totaled $556,000.
The remaining $1 million was used for "normal budgeted line item funding." MassMEP did not receive this economic stimulus funding until February of 2007.
Note 2: Data displayed in this table were provided by MassMEP and were compiled for the National Institute of Standards and Technology by Synovate, Inc., via a telephone and Internet-based survey. Survey responses are based on services from a year previously.
Note 3: Names of companies participating in the MassMEP trainings are not disclosed by MassMEP.
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Massachusetts Economic Assessment & Analysis Project (MEAAP)
a joint project of the John W. McCormack Graduate School of Policy Studies at UMASS Boston
and the Center for Economic and Civic Opinion at UMASS Lowell.
© 2005 University of Massachusetts Lowell. All rights reserved.
One University Avenue . Lowell, MA 01854 . 978-934-4000
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