Manufacturing Companies See Real Value with Shale POWER
May – June 2022
The Shale POWER initiative provides technical assistance and business support to small and medium manufacturers and enterprises seeking to expand business, production and jobs in the burgeoning shale gas and downstream manufacturing sectors in the coal-impacted, Appalachian region. Since 2019, the partner organizations that support the Shale POWER project have offered the following activities:
Mini-grants 60 Mini-grant funded Projects
Conferences and Tours 4 Conferences and 12 Tours
Workshops and Training 19 Workshops and Trainings
Resources Website with events, data, recordings
Visibility for manufacturers 96 Directory Listings
More than 250 manufacturing companies, located within the 35 counties of the Shale POWER footprint, have engaged with one or more of these activities or had a direct consultation/communication about opportunities.
Benefits for Engaged Manufacturers
The primary goal of the Shale POWER program is to make connections for manufacturing companies, provide education and improvement projects that lead to more sales within the energy supply chain. Each company and project path has its own timeline to success. Twenty of these companies recently reported the following impacts from their participation with Shale POWER:
50% of respondents said work with Shale POWER led to new business opportunities with Identifying Growth Opportunities and Continuous Improvement/Cost Reduction Strategies as the top outcomes
75% saw quantifiable benefits from the Shale POWER engagements with New Leads, Cost Savings, Increased Sales and Retained Jobs as the most reported benefits
45% have increased their investment in their companies including: products, equipment, software, workforce
It is expected that positive impacts will continue to be reported as companies progress on their Shale POWER journey.
How Can a Manufacturer See Benefits?
The upcoming Appalachian Energy Innovation Collaborative conference on June 15-16 is an excellent way to make an initial connection with Shale POWER or continue to engage. Learn more at www.aeicollaborative.org.
Receive Updates in the Industry
Available below is an archive of the Shale POWER Newsletter that is released quarterly. Sign up below to have the newsletter sent to you directly.
Access to supply chain contacts and Shale POWER partners who can assist you
Industry information and resources that detail the path to new energy opportunities
NEWS & EVENTS
The latest news and events about the shale industry
Technical Assistance with grant funding of up to $10,000