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Overall Impact: <br />> $2,478,050 increase in annual earnings, based on a 1.45 multiplier for the <br />manufacturing industry <br />➢ An increase of 84 Jobs, using an industry multiplier of 1.68 <br />Though the newly created jobs will result in only <br />34 additional direct, indirect and induced jobs, <br />the Effect on Earnings from adding 50 jobs is <br />much more significant: <br />• ;An $17M initial impact (multiplier of 1.0) — <br />estimated salaries multiplied by the number <br />of anticipated new jobs <br />• $256,350`direct nipact on earnings (.15 <br />multiplier) <br />• $68;360, indirect impact (.04 multiplier) <br />• $444,340 ;Ir dueed (.26 multiplier) <br />Economic Impact <br />03/30/2021 6.A. <br />• Initial a Direct ■ Indirect o Induced <br />bq - 5 <br />