Hancock County

 

National commitment to renewable energy could bring investment and jobs to firms in Hancock County, Ohio, according to analysis by the Renewable Energy Policy Project:
         
Wind        
    # of Firms  Investment  New FTE 
NAICS NAICS Description in NAICS (in millions) Jobs
326199 All Other Plastics Product Manufacturing 6 $7.30 58
335999 Electronic Equipment and Components, NEC 1 $3.60 23
Total:   7 $10.90 81
         
Solar        
    # of Firms  Investment  New FTE 
NAICS NAICS Description in NAICS (in millions) Jobs
334413 Semiconductors and Related Devices 1 $24.40 62
335999 Electronic Equipment and Components, NEC 1 $9.00 59
326113 Unlaminated Plastics Film and Sheet (Except Packaging)  1 $1.60 6
Total:   3 $35.00 127
         
Biomass        
    # of Firms  Investment  New FTE 
NAICS NAICS Description in NAICS (in millions) Jobs
336510 Railroad Rolling Stock Manufacturing 1 $0.90 4
333120 Construction Machinery Manufacturing 2 $0.10 0
335999 Electronic Equipment and Components, NEC 1 $0.10 1
Total:   4 $1.10 5
         
Grand Total for Hancock County, Ohio: 14 $47.00 213

 

Source: Renewable Energy Policy Project, analysis of 1997 Economic Census Data

 

The North American Industry Classification System (NAICS) is used to classify and measure economic activity by business sector and industry based upon the establishment's primary activity.

 

FTE: Full Time Equivalent; Forty hours per week is full time or 1.0 FTE. Twenty hours per week is half time or .50 FTE.

 

NOTE: This table lists firms currently in this county, and currently producing component parts in the same NAICS codes as parts needed to manufacture equipment that produces renewable energy. These firms would be poised to modify their production slightly, to begin producing component parts for renewable energy equipment. The projected jobs and investment assume that these Ohio firms would continue to serve the same proportion of the new market as they currently serve in the existing market.

 

 

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10/2005