Economic impact of a utility building manufacturing plant in Glascock County
McKissick, John C.
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A proposed plant for manufacturing utility buildings in Glascock County would lead to economic activity throughout Georgia. Timber production and sawmills in Georgia are potential beneficiaries of the plant utilizing lumber as a primary production input. Construction of a plant for manufacturing utility buildings plant in Glascock County would create a one-time economic impact leading to $1.353 million in labor income for Georgia workers. Operation of the plant would create an annual $38.223 million output impact in Glascock County. Total labor income of $6.147 million would be created annually for 181 jobs in the county. Local governments in the county would receive $88,639 annually in tax revenues, not including property taxes paid for the plant. Regional impacts for an area of 13 counties including Glascock County lead to a labor income impact of $11.099 million for 323 jobs in the region. Production at the plant would generate a total output impact of $55.013 million for the state economy. Employees in Georgia would earn $12.418 million in wages and benefits for 335 jobs. The state treasury would receive $833,480 annually, and local treasuries throughout the state would receive $740,233 from operations related to production.