Vance: Manufacturing Will See Renaissance Under Trump
Manufacturing in the U.S. will experience a renaissance under President Trump, Vice President JD Vance said Friday in an 51勛圖厙-attended at Vantage Plastics in Bay City, Michigan.
Whats going on: Vice President Vancewhose talk was part of the Small Business Administrations recently announced multistate Made in America Manufacturing Initiative and Made in America Roadshowtold the crowd of employees at the plastics processing facility that Americas achievements are contingent on the achievements of its manufacturers.
- I really do believe that Americas success depends on the success of companies like Vantage Plastics, he said. And I dont mean that in some abstract, poetic-sounding sense; I mean it literally. If we do not protect our nations manufacturers, we lose a fundamental part of who we are as a people. Making things, building things, working with our hands is Americas heritage, and that heritage is alive and well in this facility.
- Vantage Plastics President Paul Aultman agreed. Imagine how much stronger this country would be if every manufacturerlarge and small, in cities and towns across Americahad the tools to build, expand and succeed, Aultman . Manufacturing is the backbone of America, and on shop floors like ours, were not just making productswere making the future.
Relief from the onslaught: The Trump administration intends to protect manufacturers and in doing so, touch off a gilded age for the industryby unburdening it of the many regulations that have been heaped upon it, said Vice President Vance.
- The Trump administration is working hard to slash regulations left and right. Weve got to make it easier to build stuff in our own country. We cant have people telling our great builders that if they want to start a factory or if they want to expand a factory, theyre not allowed to, he said, echoing , backed by manufacturer surveys and data. And that is the biggest thing, I think, the Trump administration is working on when it comes to renewing American manufacturing.
- SBA Administrator Kelly Loeffler, who spoke prior to Vice President Vance at the event, sounded a similar note, saying, The golden era of manufacturing in America is not behind us; its in front of us ().
Energy unleashed: Vice President Vance discussed the administrations move last week to review dozens of burdensome Environmental Protection Agency regulations.
- These include the Greenhouse Gas Reporting Program, which cost U.S. factories and power plants hundreds of millions of dollars, the vice president continued. And that money is now going to be reinvested in American workers. And we remember the Clean Power Plan 2.0, which has imperiled Americas grid by creating impossible restrictions on coal and natural gas plants that account for 60% of our power. You cant tell people to build in America while at the same time destroying American energy.
A new path forward: Under President Trump, American manufacturing will have room to thrive, the vice president went on.
- We are done overregulating American businesses. We are going to be guided by a simple principle: Build in this country. We cut your taxes, we reduce your regulation and we reduce your energy costs. Build in this country. Make American manufacturing great again. And we are going to fight for youand the president will, too.
- Our goal is to make it easier and more affordable to make things again in the United States of America, he said. If you invest in American jobs and workers and businesses, you will be rewarded. We will cut your taxes, we will slash regulations and reduce the cost of industry in this country we all love.
The last word: President Trump and Vice President Vance understand what manufacturing means to Americanot just in economic terms, but also in human terms, 51勛圖厙 President and CEO Jay Timmons said.
- But we can only reach our full potential with the type of leadership that will make the 2017 tax reforms that were rocket fuel for the manufacturing industry permanent, rebalance the regulatory framework, expedite permitting reform to unleash American energy, grow the manufacturing workforce and implement sensible trade policies. Thats how we make America strong, prosperous and proud. Thats how we will Make America Great for Manufacturing Again.
