For Immediate Release
July 21, 2010
AISI COMMENDS HOUSE MAJORITY LEADER HOYER FOR FOCUSING ON JOBS
| Click here to read the full letter. |
AISI offers policy recommendations to improve manufacturing
sector
Washington, D.C.– The American Iron and Steel Institute
(AISI) sent a letter yesterday commending House Majority Leader Steny
Hoyer (D-MD) for his efforts to turn Congress’s focus to job
creation and U.S. manufacturing and offering policy recommendations that
Congress should enact in order to advance a national pro-manufacturing
strategy and improve the nation’s economic
security.
As the U.S. unemployment number continues to hover around 9.5
percent, AISI President and CEO Thomas J. Gibson emphasized in his
letter that the nation must focus on strengthening U.S. manufacturing,
creating jobs and establishing a level international playing field.
In his letter, Gibson focused on a series of suggestions as to what
Congress can do “to help strengthen and grow U.S. manufacturing,
create jobs and expedite the economic recovery,” including the
following:
- Enact a six-year reauthorization of the surface
transportation bill- A long term commitment to
infrastructure spending will renew demand for steel and other
manufactured goods and create jobs.
- Reinvest in manufacturing R & D on par with our international
competitors- Continued funding of the Department of Energy’s
(DOE) Industrial Technologies program will be critical to the
development of breakthrough technologies to assist the industry in
transitioning to a low-carbon future.
- Increase and expand the Advanced Energy
Manufacturing Tax Credit - Congress should
expand this tax credit to also include clean and efficient energy
investment, such as wasted heat and byproduct gas recovery that would
aid manufacturers and the environment.
- Address foreign government currency manipulation
- Foreign government interventions to
undervalue their currency to make their exports cheaper and their
imports more expensive put American goods and services at an unfair
competitive disadvantage.
“These actions
address the demand for manufacture goods, our ability to continue to
produce them with world class performance and fair competition, and are
the fastest and most effective steps to job growth and economic
recovery,” Gibson stated.
Click here for the full letter.
AISI serves as the voice of the North American steel
industry in the public policy arena and advances the case for steel in
the marketplace as the preferred material of choice. AISI also plays a lead role in the development and application
of new steels and steelmaking technology. AISI is comprised of 23 member companies, including integrated
and electric furnace steelmakers, and 138 associate and affiliate
members who are suppliers to or customers of the steel
industry. AISI's member companies represent
approximately 75 percent of both U.S. and
North American steel capacity. For more news
about steel and its applications, view AISI’s Web site at
www.steel.org.
|
|
QUICK LINKS
2010
News Releases
2009
News Releases
2008
News Releases
Return
to News Releases Home
For More Information:
CONTACT:
Nancy
Gravatt
Vice President, Communications American Iron and Steel Institute
tel: 202.452.7115
|
Steelworks Home 