As part of Engineers Week, Rick Shipp, left, and Steve Howard linked area students by videoconference with their IT colleagues at Y-12 to discuss the advantages of being a software engineer. Learn more.
With more than 5,000 employees and nearly 2,000 subcontractors, the sheer magnitude of Y‑12 has a significant economic impact on the surrounding community. By contributing billions of dollars to East Tennessee through operating revenues, wages, taxes and pensions, Y‑12 helps generate thousands of area jobs.
In fiscal 2012, Y‑12 paid $419 million in wages, spent $333.2 million on goods and services and paid the state of Tennessee $12.3 million in taxes, a portion of which the state returns directly to Oak Ridge and to Roane and Anderson counties.
Y‑12’s impact on surrounding communities doesn’t stop there. Corporate contributions, sponsorships, memberships and matching gifts for 2012 totaled more than $780,000. In addition, Y‑12 employees, subcontractors and their families volunteered their time, talents and financial support to nonprofit organizations across East Tennessee.