Mainebiz

March 4, 2024

Issue link: https://nebusinessmedia.uberflip.com/i/1516668

Contents of this Issue

Navigation

Page 12 of 27

W W W. M A I N E B I Z . B I Z 13 M A R C H 4 , 2 0 2 4 F O C U S L I F E S C I E N C E S / B I OT EC H Contact us to learn about customized HVAC-R service plans for your facility. Scarborough, ME // Pittsseld, ME // Auburn, NH AAAENERGY.COM SERVING CLIENTS SINCE 1948 DESIGN/BUILD SERVICES COMMERCIAL REFRIGERATION BUILDING CONTROLS HVAC, PLUMBING & ELECTRICAL MAINTENANCE PLANS Building efficiency. It's what we do. Maine's life sciences industry includes publicly traded companies like IDEXX Laboratories and ImmuCell, but the industry goes well beyond that. There are nearly 500 life sciences companies in Maine, providing more than 9,500 jobs and adding $2.2 billion to Maine's economy. S O U R C E : Bioscience Association of Maine JOB CREATION INDUSTRY SNAPSHOT ECONOMIC IMPACT TOP SECTORS: pharmaceutical and medicine manufacturing, scientific research and development services, medical diagnostic laboratories, medical equipment and supplies manufacturing The life sciences field has had job growth of 42% in the last 5 years. In that time, Maine's life sciences industry has had the highest rate of job growth among New England states. Life science products contribute 4.2% of Maine's total exports 9,540 life science jobs in Maine Maine's life sciences industry has a job multiplier of 2.71 compared to 1.71 in all other Maine industries +42% $2,200,000,000 484 $108,741 ×2.71 Average annual earnings: $108,741. From 2005 to 2020, average earnings of Maine life science jobs more than doubled Contributes $2.2 billion of Maine's gross regional product There are 484 life sciences companies in Maine

Articles in this issue

Links on this page

Archives of this issue

view archives of Mainebiz - March 4, 2024