Leading manufacturing association presidents came to Cleveland on Wednesday to remind Ohioans that currency manipulation and unfair trade practices continue to hurt American workers, businesses and farmers.
Leading manufacturing association presidents participated in a press conference at the City Club of Cleveland.
They called for U.S. government representatives to strongly address unfair currency policies in ongoing international trade talks with Asian nations.
Former Missouri governor Matt Blunt is president of the American Automotive Policy Council and is among those calling for congressional action to help level the playing field and create jobs here at home.
General Motors Co (GM.N) will start construction this fall on a $174 million (104.24 million pound) stamping plant in Lansing, Michigan, that will make components for the nearby Lansing Grand River assembly plant, the company said on Wednesday.
The plant, which will stamp steel into auto components like hoods and door panels, will create or retain about 145 jobs.
It will produce components for Cadillac ATS and Cadillac CTS vehicles and a future product the company has not yet announced.
American businesses could be hiring more workers today if we ended unfair trade practices used by some of our trading partners. No matter how competitive companies are in Alabama, they struggle to keep up with foreign competitors that are given an unearned advantage because of currency manipulation.
Wednesday, August 6, 2014
In an ever-shrinking world, a popular refrain among some skeptics is that American manufacturing is not competitive in the global economy. A new report by the American Automotive Policy Council (AAPC) reveals that is simply not the case. Led by Chrysler, Ford and General Motors, American manufacturing is on the rise, creating jobs and expanding opportunity at a rate that hasn’t been seen in years.
General Motors Financial Co. Inc., a subsidiary of General Motors Co., said Friday it is expanding its Arlington, Texas, operations center and could add hundreds of new employees there over the next few years.
GM Financial said it bought a 240,000-square-foot building on 22 acres in Arlington, just a block from where about 2,150 GM Financial employees work in operations and customer service. The company is renovating the new space, which it will use for offices and a training and conference center.