IUOE News Bulletin – American Manufacturing is Growing
An aggressive agenda by the Biden-Harris administration to return manufacturing jobs to American shores is paying dividends. A combination of Buy American policies, incentives in the tax code, and a new industrial policy are causing Corporate America to onshore jobs, reversing the flow that had hollowed out America’s manufacturing base.
An aggressive agenda by the Biden-Harris administration to return manufacturing jobs to American shores is paying dividends. A combination of Buy American policies, incentives in the tax code, and a new industrial policy are causing Corporate America to onshore jobs, reversing the flow that had hollowed out America’s manufacturing base.
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NEWS BULLETIN<br />
<strong>American</strong> manufacturing <strong>is</strong> growing <strong>–</strong><br />
And <strong>IUOE</strong> <strong>is</strong> growing with it.<br />
Thanks to investments from the CHIPS Act, we have created<br />
739,000 more manufacturing jobs in the last 3 years.
Good-Paying <strong>Manufacturing</strong> Jobs Keep <strong>Growing</strong><br />
An aggressive agenda by the Biden-Harr<strong>is</strong> admin<strong>is</strong>tration to return manufacturing jobs to <strong>American</strong><br />
shores <strong>is</strong> paying dividends. A combination of Buy <strong>American</strong> policies, incentives in the tax code, and<br />
a new industrial policy are causing Corporate America to onshore jobs, reversing the flow that had<br />
hollowed out America’s manufacturing base.<br />
In the last three years, the U.S. has created 739,000 new manufacturing jobs. 1 Th<strong>is</strong> has begun<br />
reversing a trend that saw over 5 million jobs lost to outsourcing over the previous decades —<br />
decimating the middle class, harming our communities, and undermining union strength.<br />
CHIPS Act<br />
A signature piece of leg<strong>is</strong>lation for the Biden-Harr<strong>is</strong><br />
admin<strong>is</strong>tration — the CHIPS Act — <strong>is</strong> bringing back<br />
<strong>American</strong> jobs in semiconductor manufacturing.<br />
Dozens of companies have committed to invest<br />
nearly $400 billion to produce semiconductors across<br />
th<strong>is</strong> country.<br />
“We’re creating good-paying union jobs up and down<br />
the supply chain. We’re bringing down prices. And<br />
we’re bringing production back where it belongs <strong>–</strong><br />
Sen. Sherrod Brown (D-OH) a<br />
longtime friend of labor<br />
to America,” said Ohio Senator Sherrod Brown. Brown was instrumental in passing the CHIPS Act,<br />
making possible Intel’s $20 billion investment in a semiconductor plant in New Albany, which <strong>is</strong><br />
being built by Ohio Operating Engineers.<br />
Sen. Bob Casey (D-PA), a champion<br />
of prevailing wage.<br />
When the CHIPs Act was debated in the Senate,<br />
Republican Senator John Cornyn from Texas tried to<br />
repeal the prevailing wage prov<strong>is</strong>ion. Every Democrat and<br />
six Republicans joined together to beat that amendment<br />
and ensure that construction workers are paid good<br />
wages on projects supported by our federal tax dollars.<br />
A strong supporter of good union jobs, Pennsylvania<br />
Senator Bob Casey said, “Good wages and union<br />
members are the backbone of our community. I’m proud<br />
to support Dav<strong>is</strong>-Bacon!”<br />
<strong>Manufacturing</strong> the Future<br />
Under the Biden-Harr<strong>is</strong> Admin<strong>is</strong>tration,<br />
private companies have announced:<br />
$910 Billion<br />
so far in commitments to invest<br />
in 21st-century industries like:<br />
Source: invest.gov | All data was sourced from public press releases, industry associations, and news articles.<br />
$395B<br />
Semiconductors<br />
& Electronics<br />
1: Source: Bureau of Labor Stat<strong>is</strong>tics
“Th<strong>is</strong> <strong>is</strong> a huge opportunity for<br />
<strong>IUOE</strong> Local 18. Over $100 billion<br />
invested and 10-plus years of<br />
work thanks to the Chips and<br />
Science Act. Over 400 operators<br />
will be used at peak, and we will<br />
be running 150 cranes of all sizes.<br />
Some apprentices will do their<br />
entire four-year apprenticeship<br />
on th<strong>is</strong> one single job. It’s lifechanging!”<br />
— Michael Bertolone,<br />
Business Manager Local 18<br />
MADE IN AMERICA<br />
The ins<strong>is</strong>tence of the Biden-Harr<strong>is</strong> team to include Buy <strong>American</strong> requirements in the law <strong>is</strong> a big<br />
part of bringing Operating Engineers’ jobs back and increasing opportunity while strengthening our<br />
communities and industrial base. It’s an agenda focused squarely on growing the middle class and<br />
bolstering union labor. We must move forward, building upon th<strong>is</strong> pro-worker agenda and not turn<br />
back to the failed policies of the previous admin<strong>is</strong>tration.<br />
$177B<br />
EVs & Batteries<br />
$82B<br />
Clean Energy<br />
<strong>Manufacturing</strong><br />
& Infrastructure<br />
$42B<br />
Biomanufacturing<br />
$47B<br />
Heavy Industry<br />
$167B<br />
Clean Power
Paid for by the International<br />
Union of Operating Engineers<br />
International Union of<br />
Operating Engineers<br />
1125 17th Street, NW<br />
Washington, DC 20036<br />
<strong>IUOE</strong>_2402<br />
USA Construction Employment Booming<br />
8,500<br />
8.3 Million<br />
July 2024<br />
8,000<br />
7,500<br />
7.4 Million<br />
January 2021<br />
7,000<br />
6.8 Million<br />
January 2017<br />
Source: U.S. Bureau of Labor Stat<strong>is</strong>tics<br />
6,500<br />
Jan-17 Jan-18 Jan-19 Jan-20 Jan-21 Jan-22 Jan-23 Jan-24<br />
Find out more: www.iuoe.org