GLVADA Shares Results of 2012 Economic Impact Report at Opening of “Putting the Greater Lehigh Valley Back to Work” Job Fair
The Greater Lehigh Valley Auto Dealers Association (GLVADA) today shared results of its 2012 Economic Impact Report during a press conference held this morning at the opening of Cumulus Media’s “Putting the Greater Lehigh Valley Back to Work” job fair. GLVADA served as the Presenting Sponsor of the job fair.
During the press conference, GLVADA Executive Director Tom Kwiatek and Dean Rothrock, chair of GLVADA’s marketing committee, shared key insights from the latest report solicited by the association, which provides information about the dealerships impact on the region. Among key findings:
- Total indirect and direct jobs attributed to GLVADA member dealerships totaled 4,190 in 2012, up 315 positions from 2011
- The average member dealership contributes $2.89 million in payroll expenses, including fringe benefits
- GLVADA dealerships spent an average of $540,000 on capital improvements in 2012, illustrating their commitment to the region
A full Economic Impact Report can be downloaded here.
The Greater Lehigh Valley Auto Dealers Association was formed to invest in the great place where we live and work by stimulating regional auto sales and supporting selected nonprofit organizations. GLVADA, a nonprofit association of more than 40 local dealerships, benefits the local economy by encouraging car buyers to shop in the greater Lehigh Valley. This, in turn, spurs job creation, business growth and increased municipal revenue. GLVADA contributes 50 percent of its annual proceeds to nonprofit organizations and funds auto tech scholarships for area students. To learn more about GLVADA and support its efforts to help our unique region, visit GLVADA.org.