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A GROWTH AGENDA: Four Goals for a Manufacturing Resurgence in America

A GROWTH Agenda: Four Goals for a Manufacturing Resurgence in America

This strategy is a blueprint for competitiveness that will unleash the economy and manufacturing’s outsized multiplier effect. Importantly, manufacturers’ aspirations—the four goals laid out in the pages that follow—are ones that all Americans who want to maintain our country’s economic advantage can rally around.

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Washington, D.C. , -  The National Association of Manufacturers (NAM) Vice President of Energy and Resources Policy Keith McCoy issued the following statement today regarding the Environmental Protection Agency’s (EPA) continued push to impose costly and unattainable regulations on industry:  

“EPA’s drive to put costly new burdens on manufacturers continues to create uncertainty and harm manufacturers’ ability to compete in a global economy. Two of the EPA’s more recent regulatory actions include proposing lowering ozone limits and putting stricter emission standards on industrial boilers.   According to two new studies, the EPA’s current path and proposals will add costly new burdens to manufacturers and destroy millions of jobs.  

Today the Manufacturers Alliance/MAPI released a study showing the EPA’s proposed ozone standards would cost 7.3 million jobs by 2020 and add $1 trillion in new regulatory costs per year between 2020 and 2030. And, while the EPA has publicly acknowledged that its own research shows there is no basis for proposing changing the ozone standards, the Agency continues to move ahead.

In addition, the Council of Industrial Boiler Owners (CIBO) today released a study that shows the EPA’s proposed rules to restrict emission limits on industrial and commercial boilers and process heaters could put 300,000 jobs at risk. The CIBO study also concludes that every $1 billion spent on compliance would jeopardize 16,000 jobs. 

Our nation’s unemployment rate is 9.6 percent. We need more jobs, but the EPA is moving forward with regulations that will crush economic growth and manufacturers’ ability to hire. The NAM and the 18 million people who make up the manufacturing economy will continue to urge the EPA not to move forward with these job-killing proposals.”