The SFMA is part of FloridaMakes Network, an alliance of Florida’s regional manufacturers associations with the sole mission of strengthening and advancing the state’s economy by improving the competitiveness, productivity, and technological performance of its manufacturing sector.
FloridaMakes network provides services designed to help manufacturing companies expand market opportunities, develop customized, innovative business strategies, adopt best practices, and assess opportunities for state-of-the-art technologies and training.
FloridaMakes solutions are designed to help your company address current challenges, create new opportunities for growth, and achieve measurable results. FloridaMakes is Florida’s official representative of the MEP National Network and NIST MEP in the state of Florida.
New Figures are in – Millions in Impact Reported by Manufacturers working with the South Florida Manufacturers Association (SFMA) and the FloridaMakes network. The South Florida Manufacturers Association – part of the FloridaMakes network – is excited to announce that manufacturers in South Florida have reported a combined total of $77.5 million in measurable impacts (total survey data through Q3, 2020). The results break down to include:
- Increased or retained sales: $46 million
- Total cost savings: $10.5 million
- Total investments: $21 million (equipment, new products, skills and other)
- Jobs created or retained: 676
The survey results represent data from 30 manufacturing companies. On average, over $2.6 million in total impact and over 22 jobs were created or retained per firm. The findings were reported directly by manufacturers through a third-party outside survey conducted on behalf of the National Institute of Standards and Technology’s Manufacturing Extension Partnership (NIST MEP).