The Port of Mobile’s deepwater industrial complex means jobs, a growing local economy and improved quality of life for the entire region, fueling $21.7 billion and 147,000 jobs annually in economic value from a 5-mile stretch of the Mobile River shoreline. Petroleum storage terminals have an annual economic impact in excess of $680 million, generate millions in tax revenue for local governments, and support in excess of 5,000 jobs. Three of Mobile’s top 12 manufacturing employers are from the petrochemical sector, and the rest, along with Mobile’s 12 largest non-manufacturing employers, all rely on the petroleum industry for logistics and transportation; manufacturing of computer components, medical supplies and pharmaceuticals; and for research and development grants and endowments. Manufacturing and related industry generated over 6,100 new jobs in Mobile with an average annual salary of $52,552 between 2008-2012. The average hourly wage for a manufacturing employee is $21.59, almost twice that for the hospitality industry at $10.82.