Missouri’s Lead Battery Industry Economic Impact
The Southeast Missouri economy is built on mining and metal production. Many of these products make their way into the battery industry. Missouri ranks second in the U.S. for number of jobs, facilities and the economic impact of the lead battery industry.
Missouri Lead Battery Industry Annual Economic Impact
- $2.5 billion in overall economic impact
- 3,210 direct jobs with a $257 million payroll
- 8,150 direct, indirect and induced jobs
- $527.3 million in total labor income (direct, indirect, induced)
- Missouri ranks second in U.S. for number of jobs, facilities and economic impact of the lead battery industry
Doe Run’s Economic Impact
Doe Run and our subsidiaries contribute to six of the eight stages of the lead battery’s circular economy. Through our lead battery recycling operation, we return valuable metals back to the industry. Missouri’s lead battery industry was built on the galena-rich ore bodies that continue to be mined in Missouri today.
For more than 300 years, from the time the first settlers began mining Missouri’s resource-rich ground to today, lead mining has fueled the growth of this area. Doe Run’s economic impact reaches across the state. We want to ensure that this industry, and this region, continues to thrive. That’s why we hire employees from our communities, give to local schools and nonprofits, and do business with Missouri companies.
Doe Run employs ~1,200 employees who live in 24 Missouri counties.
Measuring Doe Run’s Economic Impact:
- $1.2 billion in overall economic impact
- 3,480 jobs and $240 million in payroll (direct, indirect and induced)
- 1,221 Doe Run employees
- 24 Missouri counties where employees live
- Doe Run’s average wages are 95% higher than Missouri’s average wage for all industries
- 1,190 annual volunteer hours
- $164,000 annual community donations and scholarships
- $112.3 million in payroll for Doe Run employees
- $6.8 million annual property taxes
- $7.4 million annual government royalties
- $169 million annual spend with Missouri suppliers
- 665 Missouri vendor relationships
Extending Doe Run’s Economic Impact to Local Suppliers:
Doe Run partners with its local vendors to create a more sustainable supply chain and support Missouri’s mining economic impact and vitality where possible. Our Missouri-centric supplier practices represented 45% of our overall supplier spending.