IDFA continues to demonstrate that the dairy industry has a powerful economic impact – $620 billion in total – on the American economy. Did you know that dairy also indirectly supports unique industries across the nation, like manufacturers of food products machinery?
American machinery and equipment manufacturers rely on dairy companies for much of their business. Manufacturers of equipment like homogenizers, pasteurizers and ice cream freezers, as well as other food processing equipment such as slicers, choppers and mixers depend on the dairy industry for much of their business.
Dairy companies, distributors and retailers also support manufacturing workers in a number of ways. The jobs of just over 1,000 equipment manufacturing employees depend on dairy industry purchases of machinery and equipment. A handful of jobs are also created when dairy industry employees and employees of supplier firms purchase commercial equipment, like slicers, for their personal use.
All told, the dairy industry creates nearly $323.4 million in economic impact and supports $85.1 million in wages for American manufacturers of food processing machinery.
IDFA is sharing these deep dives into the data o fDairy Delivers®, its economic impact tool, to demonstrate dairy’s economic power and its ripple effect on other American industries.
Members with questions may contact Dave Carlin, IDFA senior vice president of legislative affairs and economic policy.