CAR’s Automotive Communities Partnership (ACP) Expands Nationwide
The automotive industry is a key target for economic developers looking to grow the economy and employment in their region. Automaker and supplier facilities typically offer above-average pay and benefits – and deep automotive supply chains bring the potential for additional investments to follow. Automotive assembly plants, perhaps the holy grail of the economic development world, typically create ten additional jobs in the overall U.S. economy for each job at the plant. The automotive industry is therefore likely to remain a critical part of the economic development portfolio of communities around the country.