PA Steel Alliance: Steel adds more than $9B to state economy
The Pennsylvania Steel Alliance, a new trade group bringing together companies and unions, said the industry added $9.35 billion in direct, indirect and induced impacts to the state economy in 2010.
At the state Capitol on Monday, the alliance released a study from the Pennsylvania Economy League of Southwestern Pennsylvania outlining the industry's contributions, including:
- 12,160 steel jobs statewide, including more than 1,000 in Dauphin County and more than 1,500 in Lancaster County.
- Each steel job supports more than five jobs elsewhere in the economy, for an estimated total of 79,662 jobs.
- The average steel wage in 2010 was $70,686, or about $25,000 higher than the average private-sector wage.
Alliance and state leaders also used the opportunity to draw a connection among the steel industry, Marcellus Shale gas drilling and state economic improvement.
Shale gas provides a clean and efficient energy source to power energy-intensive factories, said Christopher Masciantonio, alliance co-chairman and general manager at Pittsburgh-based U.S. Steel Corp. In return, factories produce the railway lines, steel tubes and other manufactured goods to support drilling and other sectors, he said.
The steel and gas industries can significantly help Pennsylvania's economy by working together, said Julia Hearthway, secretary of the state Department of Labor and Industry. Companies and unions also can help, she said.
"We're supporting efforts like this where management and labor work together," she said.