USW, Dow, DuPont support manufacturing legislation

Miles Moore
RUBBER & PLASTICS NEWS

Published: November 1, 2013 12:47 pm ET
Updated: November 1, 2013 12:49 pm ET

Related to this story

Topics Materials, Materials Suppliers
Companies & Associations Dow Chemical Co., DuPont Co.

WASHINGTON — A wide coalition of business and labor interests have expressed support for the "Manufacturing Jobs for America" initiative, a package of tax-related legislation designed to boost jobs in the manufacturing sector.

Twenty-two Democratic senators announced the campaign Oct. 29. The bills included in "Manufacturing Jobs for America," the senators said, would strengthen America's workforce, open markets abroad, create conditions necessary for growth and expand access to capital.

"When we make things here and grow things here, we create jobs here," said Sen. Debbie Stabenow of Michigan, a member of the Senate Finance Committee and chair of the Senate Manufacturing Caucus, in introducing the legislative package. "Manufacturing is the backbone of the middle class and our economy."

Among the measures that have been or will be introduced in the "Manufacturing Jobs for America" package are:

• The Bring Home Jobs Act, to end the tax loophole for corporations that move jobs overseas and cut taxes for businesses that move jobs to the U.S. from other countries;

• The New Skills for New Jobs Act, to expand programs for community colleges to partner with local businesses in training workers for highly skilled jobs;

• The Make it in America tax credit, to give businesses a tax break of up to 30 percent for producing clean energy technologies in the U.S.;

• A bill to raise to $200,000 the limit on expensing depreciable business assets; and

• A bill allowing credits against income tax for investing in small businesses.

Among the companies and organizations endorsing the "Manufacturing Jobs for America" program are the United Steelworkers union, the United Auto Workers union, the Alliance for American Manufacturing, DuPont Co., Dow Chemical Co. and the National Association of Manufacturers.

"If enacted, these proposals will have an immediate and significant impact," said AAM President Scott Paul. "We are hopeful that these proposals will translate into meaningful, bipartisan action to revitalize American manufacturing, which, in turn, will strengthen the whole of our economy."


Comments

USW, Dow, DuPont support manufacturing legislation

Miles Moore
RUBBER & PLASTICS NEWS

Published: November 1, 2013 12:47 pm ET
Updated: November 1, 2013 12:49 pm ET

Post Your Comments


Back to story


More stories

Image

Huntsman closing four pigment plants

March 5, 2015 3:36 pm ET

Huntsman Corp. is closing four plants — three in the U.S. and one in Germany — that make pigments for plastics and other markets.    More

Image

Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per...    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

Image

Ineos to combine ABS unit with Styrolution in Americas

March 4, 2015 10:03 am ET

Global materials firm Ineos Group will combine its ABS resin business with its Styrolution unit in the Americas.    More

Image

Obituary: Guido Ghisolfi, PET company executive

March 4, 2015 9:47 am ET

Guido Ghisolfi — a top executive with global PET resin leader Mossi & Ghisolfi Group — has died from an apparent suicide.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events