Economic Impact Rating
This was an opportunity to take a step beyond typical 'Made in the USA' marketing claims and accurately verify our real impact.
Manchester, N.H. (PRWEB) June 30, 2014
The Economic Impact Rating Program announces that Hollis Controls, Inc. (HCI) located in Nashua, New Hampshire has completed the Economic Impact Rating Assessment process for their 255W dual input power supply.
Hollis Controls Inc, a specialized designer and fabricator of rugged electronic systems with a focus on military and industrial applications, received a 4.5-star American Economic Impact Rating. The rating means that at least 90%+ of the price of the power supply is directed within the United States economy.
Using a patented system, the program produces an Economic Impact Rating that is based on a one- to five-star scale. The system tells consumers, businesses and governments about where the money from a purchase of a good or service is going and the economic growth behind it.
The Economic Impact Rating Certification Mark is displayed on packaging, signage, or advertising—similar to other certification marks like Organic Certified or Fair Trade Certified. A variety of Economic Impact Rating Certification Marks are available, each specifying a specific geographical area—such as a state like California, a region like New England, or the USA economy as a whole
Tom Duff, CEO and founder of HCI, is a veteran and proponent for American manufacturing. “I use American-made vendors, suppliers and components whenever possible,” says Duff. “At HCI, we pride ourselves on the impact our products have on America's economy. This was an opportunity to take a step beyond typical 'Made in the USA' marketing claims and accurately verify our real impact.”
HCI’s 255W dual input power supply is a commercial power source that, for instance, may power the Wi-Fi on your next cross country flight.
“Imagine if many small companies did this,” says Anthony Comito, founder of the Economic Impact Rating. “Imagine if several large companies did this. You’re talking about an impact that could change the trajectory our economy is on.”
A former tax accountant and small business consultant, Comito compares this rating system to other trusted certification marks such as the LEED certification program for green building or the USDA Organic certification mark.
“Study after study continues to show a rising interest in local and Made in the USA products,” adds Comito. “People deserve a trusted and easy way to identify products that support their economy--just as they have for organic certified food or Fair Trade items. Empowering consumers, businesses and governments to identify these products and services is our core mission.”
The Economic Impact Rating, an independent certifier of products and services, helps businesses show their economic impact, by giving consumers the information they need to support businesses that strive to create jobs and contribute to their communities. The rating is a patented, third-party mark placed on packaging, websites or marketing material showing consumers, on a 5-star scale, how much of a product’s price-tag is being captured in an area and the impact behind it. For more information, follow them on Twitter @EconImpact, Facebook or connect on their website http://www.economicimpactrating.com/.
Incorporated in 1986, Hollis Controls, Inc. (HCI) is a veteran-owned, small business located in southern New Hampshire. HCI specializes in the design and fabrication of rugged electronic systems for military and industrial applications. HCI offers multiple design approaches that tradeoff costs, size and time to market. Each product is designed and manufactured in conformance with the customer’s quality requirements and all design and manufacturing is done within the United States. For more information about HCI, visit their website at http://www.holliscontrols.com/7801.html.