An economic impact study confirmed that the motor vehicle parts manufacturing industry, made up of the original equipment, aftermarket, heavy duty and remanufacturing sectors, is the largest employer of manufacturing jobs in the U.S.
The industry directly employs more than 734,000 American workers and generates nearly $355 billion in GDP contribution, or 2.3 percent of the total U.S. GDP, according to a study released by the Motor & Equipment Manufacturers Association (MEMA) in collaboration with IHS, an information and analytics company.
“The study conducted by IHS provides valuable information for policymakers on the industry’s overall impact on the U.S. economy,” said Bob McKenna, president and CEO of MEMA. “We hope the data will be used as a resource for our nation’s leaders to continue working to create a sustainable and vibrant manufacturing environment.”
The study indicates that the total employment impact for motor vehicle parts manufacturers in the U.S. was more than 3.62 million jobs in 2012.
The top four states listed for direct employment in the industry were Michigan, Ohio, Indiana and Tennessee.
States designated in the economic impact study with the least motor vehicle manufacturing jobs included Nevada, Idaho, Alaska, Colorado, New Mexico and Maine.