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MANUFACTURING JOB FACTS
- U.S. subsidiaries support 34,200 manufacturing jobs
in Connecticut, a 41% increase over five years. Manufacturing
companies tend to have a strong "multiplier"
effect on the economy-stimulating a substantial amount
of activity and jobs in other sectors through their demand
for inputs from other suppliers.
Overall, approximately 30.3% of jobs at U.S. subsidiaries
in Connecticut are in manufacturing industries.
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ONE COMPANY'S STORY
UBS Investment Bank, the U.S. subsidiary
of Swiss financial services giant UBS AG, constructed the
world's largest trading floor at its U.S. headquarters in
Stamford. The trading facility, which was completed in 2002,
can accommodate 1,400 traders and staff. The Stamford headquarters,
with the completion of the new trading facility, employs
4,000 people.
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