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MANUFACTURING JOB FACTS
- U.S. subsidiaries support 37,500 manufacturing
jobs in Virginia. 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 25.6% of jobs at U.S. subsidiaries in Virginia are in manufacturing industries.
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ONE COMPANY'S STORY
Boehringer Ingelheim Chemicals, Inc., a U.S. subsidiary
of a German pharmaceutical firm, will create an additional
165 high-paying, high-tech jobs during the expansion of
their U.S. headquarters in Petersburg. The completion of
all phases of the expansion could reach $260 million in
capital. The expansion will add another pharmaceutical ingredient
manufacturing facility, allowing the company to continue
developing ingredients necessary for the company's products.
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