ABI joins in call for expanded trade opportunities

April 21, 2015


ABI joins in call for expanded trade opportunities

The Iowa Association of Business and Industry joins state leaders, manufacturers and business organizations from across the country supporting the passage of Trade Promotion Authority and authorization of new trade opportunities to promote job growth in Iowa.

Whether they sell their products throughout the state, throughout the country or around the world, Iowa manufacturers of all sizes are competing in a global economy. That is why it is critical to provide the tools necessary to open overseas markets and pursue the kind of robust trade policies and agreements that help grow manufacturing.

“Manufacturing plays a critical role in Iowa’s economy – accounting for more than 217,000 jobs throughout the state. So does the ability to export goods. Nearly 45% percent of the state’s $28.4 billion in manufacturing outputs last year were exported to other countries,” Iowa Association of Business and Industry President Mike Ralston said. “Expanding trade opportunities will help these companies continue to grow, providing more high-quality jobs and economic stimulus for Iowa communities and the state as a whole.”

Sources:
ISU Center for Industrial Research and Service http://www.ciras.iastate.edu/Manufacturing_In_Iowa_2014.pdf
National Association of Manufacturers: http://www.nam.org/Data-and-Reports/State-Manufacturing-Data/2014-State-Manufacturing-Data/Manufacturing-Facts--Iowa.pdf