Role of Mining Machinery and Equipment Manufacturing in the Economy of Blair County

Posted: 31 Mar 2010

See all articles by Rose M. Baker

Rose M. Baker

Penn State University - Penn State Outreach; Penn State College of Education

Dawn Renee Dixon

Pennsylvania State University

David Passmore

Penn State; affiliation not provided to SSRN

Date Written: March 26, 2010

Abstract

The Penn State Workforce Education and Development Initiative conducted an analysis of the economic impact of mining machinery and equipment manufacturing in Blair County in Pennsylvania.

From 2004 to 2009, the mining machinery and equipment manufacturing industry underwent a period of stellar growth, underpinned by booming global demand for mineral and energy commodities. Rising resource prices led mining and oil to expand existing production and increase exploration, resulting in strong demand for machinery and equipment. After a challenging year in 2009, firms in the industry are expected to enjoy better conditions in 2010, with the global economic recovery and rising commodity prices, signaling stronger demand for new equipment. Products provided by mining machinery and equipment manufacturing are classified in the North American Industrial Classification System, code 333131. According to the U.S. Bureau of the Census, establishments in this industry "are primarily engaged in (1) manufacturing underground mining machinery and equipment, such as coal breakers, mining cars, core drills, coal cutters, rock drills and (2) manufacturing mineral beneficiating machinery and equipment used in surface or underground mines." During 2007, 11,309 U.S. workers were employed in 265 establishments in this industry, with a payroll of $557 million.

Keywords: Mining machinery, Pennsylvania, economic impact, IMPLAN

Suggested Citation

Baker, Rose M. and Dixon, Dawn Renee and Passmore, David Lynn and Passmore, David Lynn, Role of Mining Machinery and Equipment Manufacturing in the Economy of Blair County (March 26, 2010). Available at SSRN: https://ssrn.com/abstract=1576681 or http://dx.doi.org/10.2139/ssrn.1576681

Rose M. Baker

Penn State University - Penn State Outreach ( email )

University Park, PA 16802
United States

Penn State College of Education ( email )

University Park, PA 16802
United States

Dawn Renee Dixon

Pennsylvania State University ( email )

University Park
State College, PA 16802
United States

David Lynn Passmore (Contact Author)

affiliation not provided to SSRN

Penn State ( email )

305D J. Orvis Keller Building
University Park, PA 16802-1303
United States
814.863-2583 (Phone)

HOME PAGE: http://DavidPassmore.net

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