Dive Brief:
- A study issued by the state shows that recycling jobs in North Carolina's private sector have grown by almost 12% since 2010.
- The study was conducted by the North Carolina Department of Environment and Natural Resources is the newest study in a series which covers twenty years of how recycling impacts the state financially.
- It was discovered that one single material does not dominate the economy. Recycling companies collect and process a wide range of recyclables.
Dive Insight:
North Carolina has over 17,000 private sector recycling jobs. 45% of companies are expecting to create more jobs within two years. The total annual payroll across the state is $442 million. 81% of companies spent $79.6 million on investments, equipment and facilities and property from 2011 to 2013, with 51% planning on investing $47.3 million in the next two years.