Kaptur hosts manufacturing event with U.S. Energy Secretary, Export-Import Bank Chair
Roundtable focuses on federal services supporting investment in renewable energy, exporting Ohio products
TOLEDO, OH—Today more than 30 of the region's industry leaders and community officials joined Representative Marcy Kaptur (OH-9), Secretary of Energy Ernest Moniz and Fred P. Hochberg, Chairman and President of the U.S. Export-Import Bank at Owens Corning in Toledo for a manufacturing roundtable discussion. The event was focused on growing manufacturing and creating jobs in the region by exporting Ohio made products and supporting investments in energy efficiency.
“Despite ongoing damage from disastrous trade deals such as NAFTA, American manufacturing investments in energy efficiency and responsible trade growth could go a long way to restoring the global competitiveness and long-term viability of many industries,” said Kaptur.“Our discussion this afternoon brought together experts and leaders in energy and trade for a lively and productive conversation with our region’s manufacturing leaders. It is my hope that this discussion will help our region’s manufacturing leaders make smart choices for the future, whether that means investing in renewable energy or in export growth that creates and sustains jobs.
Investing in manufacturing growth has a ripple effect on our region’s economy, creating and sustaining jobs not only in manufacturing facilities but also for freight carriers, logistics providers, community banks, suppliers and many others. I hope the conversations we started today will be ongoing and will help our region’s manufacturers initiate valuable trade connections and invest in the long term energy future for our region.”
According to its website, the U.S. Department of Energy funds research, development and application of efficient and innovative manufacturing technologies. It has supported development of more than 250 energy-saving industrial technologies that have been successfully commercialized. It provides technical assistance to thousands of industrial plants saving billions of dollars for manufacturers and cutting millions of tons of carbon emissions. The Department is currently working to create a network of Manufacturing Innovation Institutes that will target unique technology in advanced manufacturing.
Since 2007, the Export-Import Bank of the U.S. has supported a combined $36 million in exports by 16 exporters from Ohio’s 9th Congressional District. Three quarters of these exporters have been small businesses and at least three quarters have been manufacturing companies. Export destinations include China, the United Kingdom and Canada. Roundtable
Contact: Matt Sonneborn, (202) 225-4146 or Matt.Sonneborn@mail.house.gov
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