The American Shale & Manufacturing Partnership (ASMP) has issued a report that builds a path forward for a US manufacturing renaissance. This report is a culmination of discussions conducted across the country and focuses on five core areas: workforce development; federal and state processes; infrastructure; environment; and research and innovation.
This multi-stakeholder initiative focused on shale development and its impact on the supply chain for American manufacturing and identifies current and potential problems that could impact or deter manufacturing’s comeback in the US, and presents solutions and opportunities. The ideas presented in the report are meant to help all participants in manufacturing take steps to advance and ensure a future of prosperity for the nation.
AFPM President Charles Drevna commented: “The benefits of a manufacturing renaissance are considerable and a well thought out path forward is necessary to guide our nation to economic security and drive innovation. “
“The return and expansion of our country’s manufacturing base created by shale development will, once again, provide opportunities that will fuel the growth of America’s middle class”, said Walt Wise, General president, International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers.
The Partnership consists of academic institutions, trade groups, think tanks, foundations, labour organisations, non-governmental entities and business development groups. The group held workshops during the past two years that examined the impact of abundant natural gas and oil due to shale development on US manufacturing and to explore how to enhance the nation’s global competitiveness.
Karen Harbert, President and CEO of the US Chamber Institute for 21st Century Energy, commented: “After travelling around the nation and seeing the economic boom the shale revolution has spurred from coast to coast, it is critically important to remove remaining barriers and allow this growing industry to flourish.
Adapted from a press release by Emma McAleavey.