Manufacturers Commend Business-Led Effort Urging the President to Approve Keystone
NAM Members and Other Executives Make the Case for Competitiveness Through the Job-Creating Project
Numerous National Association of Manufacturers (NAM) members and executives from more than 165 companies sent a letter to President Obama urging him to approve the Keystone XL pipeline. NAM President and CEO Jay Timmons commended the letter and renewed manufacturers’ call for approval of the project.
“This letter, signed by more than 165 industry leaders representing a wide range of political views, confirms manufacturers’ message that Keystone is not simply a debate about construction jobs,” said Timmons. “It is about the impact that approval or denial of this project will have on the economy in general, including on laborers, manufacturers, small and large businesses and communities throughout the supply chain. As these executives made clear, it is about sending investors a signal that America is open for business. The NAM is proud to stand with this distinguished group of business leaders in renewing our call to the President to approve this job-creating project.”
In the letter, executives representing numerous sectors of the U.S. economy stated, “We are at an inflection point in our economic recovery. Whether economic growth will remain modest or pick up speed will depend on maintaining investor confidence and strengthening America’s competitiveness. The decision on Keystone XL will affect both.”
Manufacturers have been at the forefront of efforts to encourage the President to approve the Keystone XL pipeline. Most recently, the NAM joined with the Laborers’ International Union of North America, which represents nearly 500 local union chapters in the United States and Canada, to call for approval of the Keystone XL project.