Infrastructure

Manufacturing Leader Underscores Importance of Upgraded Infrastructure and MAP- 21 Reauthorization

Today, Tom Riordan, National Association of Manufacturers Small and Medium Manufacturers (SMM) Group Chair and President and CEO of Neenah Enterprises, testified before the Senate Environment and Public Works Committee hearing entitled “The Importance of MAP -21 Reauthorization: Perspectives from Owners, Operators, and Users of the System.”

At the hearing, Riordan highlighted the importance of broad-based, job-creating investments in upgrades, expansions and modernization of our nation’s infrastructure systems. (continue reading…)

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Manufacturers Echo Call from Halls of Congress to Conclude Negotiations and Keep Commerce Moving

Manufacturers are encouraged that Members of Congress continue to weigh-in and urge a “swift resolution between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU)” as the two parties continue to negotiate a new labor contract under contentious circumstances.

Today’s bipartisan press conference sheds further light on the impacts different sectors of the economy experience as each day passes without a new labor agreement and West Coast port productivity continues in a free fall.  (continue reading…)

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


House and Senate to Examine Regulation of Open Internet

Tomorrow is a big day on Capitol Hill for manufacturers who want to continue to leverage technology in their products and processes. Both the House and Senate are holding hearings on how to protect the Internet from unnecessary regulation. These hearings will kick off in earnest the 2015 debate on how to keep the Internet open for business.

We will see some calling for legislation that will provide regulatory certainty to all industries. This certainty will then lead to increased investment in our nation’s communications infrastructure thereby facilitating groundbreaking technological innovations in the products and processes of manufacturers. Others will call for applying outdated, 1930’s-era regulations on a primary tool driving the 21st century economy. (continue reading…)

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Manufacturers Welcome Congress Back; Say Now Is Time To Govern

As Members of the 114th Congress descend on Washington for orientation, and the 113th Congress convenes for the upcoming lame duck session, manufacturers stand ready to work with our leaders to advance policies that will enable us to continue to grow and create jobs.   Manufacturers believe that now is the time to set aside the differences that have resulted in gridlock, and focus on the pro-growth policies that brought voters to the polls. Simply put, it is time to govern and grow. (continue reading…)

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Happy Anniversary Keystone: Marking Six years of Missed Opportunity

Today we mark the sixth anniversary of TransCanada’s first application seeking a Presidential permit to build the Keystone XL pipeline from Canada to the United States. For most of the past six years this project has been with the administration awaiting final approval, with five different environmental reviews conducted and thousands of pages of reports and public comments collected.

Much has happened since the initial permit application was filed in 2008: more than 10,000 miles of oil and natural gas pipeline has been built in the U.S.; Fidel Castro stepped down as President of Cuba; two new countries were created Kosovo and South Sudan; four Olympic games have been held (Vancouver, Beijing, London and Sochi); and Apple released the IPhone 3, 4, 5 and now 6.

For further context on how this delay stacks up in the history books, just look at the array of larger and more complex projects built in a shorter time frame. For example, the 800 mile long Trans Alaska pipeline took just over two years to build. The iconic Hoover Dam was erected in just five years, the Empire State Building in just over one year, and San Francisco’s Golden Gate Bridge in less than five years.

The debate over Keystone is not just about ensuring we have a steady source of energy from a reliable trading partner; it’s also about jobs and the economy. The State Department says the project will create 42,000 jobs and add $3.4 billion to the GDP, jobs and economic growth that manufacturers and other workers desperately need.

Although there’s not much to celebrate, the NAM is marking this occasion with the release of a new video highlighting the facts about Keystone:


 

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)


Manufacturers are Making the Case for Transportation Infrastructure

Today the House voted to pass H.R. 5021, Highway and Transportation Funding Act of 2014. NAM sent a Key Vote letter in support of the legislation that will replenish the Highway Trust Fund and avoid the August low balance scenario that is threatening approximately 100,000 road, bridge and transit construction sites and 700,000 jobs across the country.

The legislation also authorizes an extension of critical federal highway and transit programs for eight months after the current authorization expires on September 30.

NAM worked with over 60 manufacturing associations around the nation to help echo the message to Congress that fixing the Highway Trust Fund cannot be left to chance and Congress must accomplish this before August recess. Manufacturers are leading the debate and urged Congress to make it this month’s priority to restore the Highway Trust Fund to a condition of solvency.

The White House hosted a timely meeting last week on infrastructure that included Vice President Biden and a diverse range of corporate leaders from manufacturing, construction, trucking and other industries.

NAM Board Chair and Caterpillar Chairman and CEO Doug Oberhelman and NAM member and BNSF Executive Chairman Matt Rose helped lead a conversation on globally competitive infrastructure with Transportation Secretary Anthony Foxx and White House National Economic Council Director Jeffrey Zients. Click here for Oberhelman’s op-ed, “Congress Must Move on Highway Trust Fund,” in The Hill.

NAM Member Chris Toomey, Senior Vice President of Procurement for global manufacturer BASF was among several other NAM members who traveled to Washington for this special session. Toomey encouraged participants to look at advocacy for better infrastructure as supportive of economic growth, citing growing manufacturing investments in the Gulf Coast that will require competitive infrastructure.

The Senate is expected to consider H.R. 5021 next week.

There is still much work to be done. Passing a fully funded, multi-year surface transportation is the next order of business for improving infrastructure. Manufacturers are making the case that investing in infrastructure supports competitiveness, growth and jobs.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Fix the Fund

As the House and Senate wrap up their work in advance of a Fourth of July recess and Americans prepare for Independence Day celebrations, a looming crisis threatens work at 100,000 transportation construction sites and 700,000 jobs around the country. While summer construction projects can be inconvenient to travelers, modernizing our roads, bridges and transit systems is critically important to our safety, efficiency and global competitiveness.  It would be far worse if the construction work never took place or even ceased temporarily.

Unfortunately, the Highway Trust Fund (HTF) which supplies needed funding to states and localities is running on fumes and will no longer be able to meet its fiscal obligations to the states in August, further threatening jobs and continued economic recovery.  All at a time when our infrastructure continues to age and deteriorate, confirmed by a D+ grade from the American Society of Civil Engineers.  This is not a time to cut back or postpone for a later date to solve.

Congress only has a few weeks to replenish the fund when it returns from its break or work will stop at these 100,000 construction sites. It’s good news that leaders from the Senate Committee on Finance and House Committee on Ways and Means are coming together to start these important conversations about improving the fiscal health of the HTF. Manufacturers encourage the House and Senate to achieve bipartisan solutions that will improve the balance of the Highway Trust Fund as we seek a well-funded multiyear surface transportation authorization.

Manufacturers need competitive infrastructure to thrive in today’s global economy. Our infrastructure is out of date and resting on a legacy built by previous generations.  Manufacturers responded to an infrastructure survey conducted by the NAM and the Building America’s Future Educational Fund last year. Two-thirds doubt that our infrastructure is position to respond to the competitive demands of a growing economy.  Worse, 70 percent reported that roads are getting worse.

This issue goes far beyond state transportation departments and road builders. When construction is put on hold, manufacturing is on hold too.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Administration Takes Important First Step in Transportation Authorization; Manufacturers Emphasize Need to Restore Trust Fund to Solvency Soon

The Obama Administration’s four-year, $302 billion Grow America Act sets the stage for the next surface transportation authorization as the balance of the Highway Trust Fund continues to decline and the current authorization, MAP-21 expires on September 30.

However, relying on tax reform to pay for this significant infrastructure investment is a risky endeavor. While the long-term approach to funding and the commitment to improve the environmental permitting and review process are appreciated by manufacturers who need significant transit, highway and bridge investments to keep operations efficient in the United States, efforts to return the Highway Trust Fund to a state of solvency before the end of August must remain a priority focus of Congress and the Administration in the coming weeks ahead.

The Administration has laid out a thoughtful blueprint that will enable states and localities to move forward with significant infrastructure projects that require multiyear funding.  While the details of the proposal need to be fully examined and assessed, the next few months will provide critical opportunities for important exchanges between Congress and stakeholders as September 30th nears. Manufacturers look forward to participating in these ongoing discussions.

VN:F [1.9.22_1171]
Rating: 5.0/5 (1 vote cast)


Growing Manufacturers’ Opportunities in the Asia Pacific: Seizing Huge Growth Potential

The President’s visit to Asia this week should highlight the value of strengthening trade and investment ties and identifying areas for increased commerce and cooperation throughout the Asia-Pacific region. We believe that increased American economic and commercial engagement in the Asia-Pacific is critical unlocking numerous growth opportunities for manufacturers in the United States.  The Asia-Pacific represents a huge market with an even greater growth potential that we hope the President’s trip can help catalyze.

Already, the Asia-Pacific region is a strong and growing purchaser of U.S. manufactured goods. Three of the top ten export destinations for U.S. manufactured goods are in Asia (China, Japan and South Korea). Total U.S. manufactured goods exports to Asia grew from $213.25 billion in 2009 to more than $331.56 billion in 2013. More specifically, transportation equipment exports from the United States to Asia nearly doubled from $30.21 billion in 2009 to just over $60 billion last year. Computer and electronic product exports also grew from roughly $55.61 billion in 2009 to $67.08 billion in 2013. Chemical exports to Asia also increased by $13.4 billion over the last five years.

Yet the potential for greater growth for manufacturers in the United States is substantial The Asia-Pacific region boasts nearly 60 percent of global GDP and is the fastest growing region in the global economy. The Asia-Pacific also makes up roughly half of the world’s population, making it a market ripe for more U.S. export growth.

To boost manufacturers’ export and sales opportunities in the region, more work is needed to eliminate tariff and non-tariff barriers, expand commercial relationships and ensure our trading partners play by the rules of the international trading system. The United States is seeking to negotiate a comprehensive, high standard and market-opening Trans-Pacific Partnership (TPP) agreement that would include our Asia-Pacific partners (Australia, Brunei, Japan, Malaysia, New Zealand, Singapore, and Vietnam) along with several Western Hemisphere partners (Canada, Chile, Mexico and Peru). The United States is also negotiating a bilateral investment treaty (BIT) with China, and efforts are underway to expand relationships with the Association of Southeast Asian Nations (ASEAN). More broadly, the United States has cooperated with 20 of our Asia-Pacific trading partners through the Asia Pacific Economic Cooperation (APEC) forum to expand economic ties and develop stronger frameworks in numerous areas, from trade in environmental goods and transparency to creating a stronger enabling environment for infrastructure investment. At the same time, though, there are over 130 other trade agreements in the Asia-Pacific that exclude the United States and put manufacturers at a substantial disadvantage in other Asian markets.

To move successful trade negotiations forward and eliminate the competitive disadvantage that manufacturers in the United States face in many Asian markets, enactment of Trade Promotion Authority (TPA) is critical. Both the President and Congress need to work closely together to move a strong TPA bill. In January, the Bipartisan Congressional Trade Priorities Act was introduced to facilitate the negotiation and implementation of comprehensive and ambitious trade agreements and require intensive consultations throughout the negotiating process. Despite repeated calls by manufacturers and the broader business community, no further action has been taken on this or any other TPA legislation. To grow substantial new commercial opportunities in the Asia-Pacific, action on TPA is critical.

As Commerce Secretary Pritzker so aptly stated in a speech last week at Johns Hopkins School of Advanced International Studies: “We can act now to advance American values and interests in setting the rules for trade in a region representing 40 percent of the world’s economy, or we can let others with different values and interests take the lead.” Manufacturers agree that the time is now for the United States to lead in this region, where significant growth opportunities are awaiting U.S. exporters.

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


Timmons Testifies at Senate Infrastructure Hearing

NAM President and CEO Jay Timmons today urged Congress to fulfill its well-established responsibility of facilitating commerce in the United States by returning to a fully-funded, multiyear surface transportation authorization.

Testifying before the Senate Committee on Environment and Public Works, Timmons highlighted the importance of the nation’s transportation network to manufacturers across the country, “Manufacturers rely on our nation’s vast interconnected network of roads, railways, airports, inland waterways and ports to support and supply every sector of the economy.”

Timmons was joined by a diverse group of panelists all advocating for a new surface transportation bill, including Tom Donohue of the U.S. Chamber of Commerce, Richard Trumka of the AFL-CIO, Mike Hancock of the American Association of State Highway and Transportation Officials, and Dr. T. Peter Ruane of the American Road and Transportation Builders Association.

During his testimony, Timmons also highlighted a survey sponsored by the NAM and Building America’s Future that highlights manufacturers’ concerns about America’s roads and bridges, transit and aviation systems and ports. According to the survey of more than 400 manufacturers, a majority believe American infrastructure is in fair or poor shape, while roads in particular are getting worse.

For NAM members, access to a reliable and cost-effective transportation network by land, sea and air is critical to reaching customers here and abroad. To view Timmons’ opening statement, click here. To view the entire hearing, click here.

 

VN:F [1.9.22_1171]
Rating: 0.0/5 (0 votes cast)


A Manufacturing Blog

  • Categories

  • Connect With Manufacturers

            
  • Blogroll