The Impact of the Chemical Industry
North Industrial Chemicals is proud to be part of an industry that has an impact on everyone’s day to day activities. Every time you turn on your water, eat a pretzel or chip, drink a beverage and even use your phone, chemicals were part of its infrastructure.
Here are some amazing facts about the impact of chemical distribution in the U.S.
Economic Impact
In the United States, 3,248 chemical distribution facilities have a total direct economic impact of $27.55 billion.
Jobs
Chemical distributors provide 75,801 high quality jobs in the United States, and are responsible for another 185,679 related jobs.
Wages
Chemical distributors pay $6.80 billion in employee wages each year in the United States. The equals an average wage of $89,700, which is about 123 percent higher than the National median wage.
Taxes
In the United States, chemical distributors generate $5.58 billion in state and local taxes - monty that helps fund state and local schools, roadways, and other projects - and $5.24 billion in federal taxes.
Chemical Distributors
Chemical distributors provide a unique and integral role in the supply chain, providing products to more than 750,000 end users in industries as diverse and essential as building and construction, medical technology, electronics, pulp and paper, water treatment, and many others.
Chemicals in Commerce
Chemical products are used in nearly every industry sector in the U.S. economy. In fact, $1.02 out of every $100 spent in commerce in the United States are used on chemical goods.
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