Congressman Ryan’s Statement in Support of Senate Commerce Hearing on Manufacturing
Washington, DC – Congressman Tim Ryan, founder and chairman of the House Manufacturing Caucus, made the following statement in support of today’s Senate Commerce Committee hearing on how to strengthen U.S. innovation and manufacturing. Eric A. Spiegel, President and CEO of Siemens Corporation and Michael S. Garvey, President and CEO of Youngstown’s M-7 Technologies – both from the Mahoning Valley and industry leaders – testified at today’s Senate Hearing.
“I applaud the Senate Commerce Committee for highlighting the vital role American manufacturing plays in the U.S. economy. I am pleased that the Committee has chosen Eric Spiegel and Michael Garvey, who both happen to be from the Mahoning Valley, to testify on how to strengthen manufacturing across the nation,” said Congressman Ryan. “Manufacturing generates approximately 12 percent of our nation’s GDP, makes up two-thirds of our total goods and services exports, and has propelled Youngstown to being one of the top international trade economies in the United States. We must continue to build on these successes and make the investments that will give our manufacturing sector the resources necessary to stay at the cutting edge of new technologies and remain the world leader in advanced manufacturing.”