RM_NOVEMBER9

Study Examines Economic Impact Of Aluminum Industry The U.S. aluminum industry directly employs more than 166,000 workers, with employment declining slightly be- tween 2018 and 2020, according to research conducted by economic research firm John Dunham & Associates and release by the Aluminum Association, Arlington, Virginia. The study also found that the industry generates more than $70 billion in economic output and indirectly generates an additional $102 billion economic output. In total, the U.S. aluminum industry supports nearly 660,000 direct, indirect and induced jobs and nearly $172 billion in total economic output, according to the study. Overall employment in U.S. aluminum has held largely steady for most of the past decade, though most sectors lost jobs between 2018 and 2020, the study notes.These shifts were offset by an increase in jobs in the primary aluminum segment in the 2020 report, which represent about 3 per- cent of U.S. aluminum jobs overall. The secondary aluminum sector is estimated to employ 8,691 people in 2020,while the primary sector is estimated to employ 4,829, according to the study.These figures rep- resent an increase of 54.2 percent from 2018 to 2020 and a 62.2 percent decline from 2013 to 2020 in the primary sec- tor, while employment in the secondary sector decreased 7.7 percent from 2018 to 2020 and by 7.8 percent from 2013 to 2020. While the initial economic impact report was completed in March of this year, subsequent modeling shows the im- pact of COVID-19 on industry jobs and economic output. The latest modeling through August 2020 suggests that di- rect industry jobs and economic output have likely declined about 11 percent since the study was originally completed, the AluminumAssociation said. The latest available data show a topline domestic alumi- num demand decline of about 19 percent year-over-year through July.Recent net new orders data for aluminum have shown some signs of improvement, though orders remain off about 10 percent year over year through September.The model is derived using a variety of government and industry data sources to estimate changes in employment for each sector of the economy that uses aluminum as a major input. Waste Pro Announces Two Promotions Waste Pro, Longwood, Florida, announced Oct. 19 that it has two new appointments within the company. Tim Dolan, former Regional Vice President of Central Flor- ida, has been appointed Corporate Vice President of Munic- ipal Marketing for Waste Pro. Erik Sankey will now serve as the Regional Vice President for the company’s Central Florida region,which includes divisions in Orlando, Sanford, Cocoa, Daytona Beach, Ocala and Lake County. In his new role, Dolan will oversee the municipal mar- keting process company-wide. Sankey, who has more than two decades of experience in the waste industry,previously held managerial roles with two major national haulers.

Buyer’s Guide

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Recycling Markets November 9, 2020 9

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