The National Stone, Sand & Gravel Association has developed an electronic Economic Impact Sustainability Tool to estimate an individual operation's contribution to the local community
The National Stone, Sand & Gravel Association has developed an electronic Economic Impact Sustainability Tool to estimate an individual operation's contribution to the local community. The tool provides an estimate of the value of the goods and services produced and a guide to describing the other tangible benefits that an organization contributes to the community.
This Web-based service is available in collaboration with Richard Butler and Mary Stefl, faculty members at Trinity University. Combined, Butler and Stefl have more than 15 years of experience conducting economic impact studies for individual organizations and industries within defined communities.
"Crushed stone, sand and gravel truly are the basic materials in practically everything that makes modern life possible and enjoyable," says NSSGA President and CEO Joy Wilson. "However, few people actually stop to think about the importance of aggregates to our daily lives. Most Americans do not relate a nearby quarry or sand and gravel operation to the safe roads and bridges upon which we drive or to the treatment plants that clean our water or to the sturdy buildings in which we work and live. The Economic Impact Sustainability Tool provides tangible proof of the benefits an individual aggregates operation brings to a local community."
When a member company purchases an Economic Impact Sustainability Report from NSSGA, it will be asked to provide information about its community and individual business unit, including employee wage and sales information for the last three fiscal years. This information is submitted, via a secure Web site, only to Butler and Stefl. They perform the analysis using Bureau of Labor Statistics data and provide an estimate of economic impact in a brief report.
The service costs $525 per operation and a report is generated in about 10 days; is available only to NSSGA members.
A company can also download a free Community Impact Survey. The information provided to complete this survey will help create a thorough description of a company's tangible involvement and contributions in the local community.
Together, the Economic Impact Report and Community Impact Survey provide a comprehensive analysis of an individual operation's footprint on the local community. These reports can aid in community relations efforts and should be shared with local government and civic organizations to promote a company and its value. They can be posted on a company's Web site. While the service is provided through NSSGA, any information submitted to Butler and Stefl is completely confidential and will not be seen by or shared with NSSGA or any other group or organization.