Janitized® brand, a division of APC Filtration Inc., wishes to share an exciting new report released today entitled “An Economic Impact Analysis of the U.S. Biobased Products Industry: 2016 Update.”
Janitized® Compostable vacuum cleaner bags, introduced in 2014, are the industries first compostable vacuum cleaner filter bags to be approved and validated by Underwriters Laboratory (UL) and to earn the Certified Biobased Product Certification and Label from the United States Department of Agriculture (USDA). This new report shows how the U.S. Biobased industry continues to grow and generate substantial economic activity and American jobs.
A full copy of the report can be downloaded here.
Key takeaways from the 2016 report include:
- The biobased products industry contributed $393 billion to the U.S. economy up $24 billion from the most recent year measured;
- The biobased products industry supports a total of 4.22 million American jobs (direct and spillover jobs combined);
- For every biobased product industry employee in the U.S., nearly two other jobs are supported in other sectors of the economy;
- The production and use of biobased products replacing petroleum-based products has the potential to reduce GHG emissions up to 10 million metric tons of CO2 equivalents.
This kind of impact would not be possible without the support of our customers.
We greatly appreciate your business!