Congressman Tim Ryan Statement on Lockheed Martin Decision to Close Akron Facility

Nov 14, 2013 Issues: Helping Working Families

"I am extremely disappointed with Lockheed Martin’s decision to close its Akron facility. As a member of the Defense Subcommittee on Appropriations, I have taken every opportunity to assist Lockheed and their workforce by supporting the funding that they needed to keep our defense industries strong. In fact, I secured over $26 million in federal funds for key Lockheed research and development projects.

"This announcement will displace employees, cause terrible pain for many hard-working families and disrupt the economy of Akron and northeastern Ohio. This is what happens when a small group of Congressional conservative extremists in the House do nothing but criticize the federal government—even when it comes to investments that provide the best technology to our servicemen and women. With this closing, we are seeing the devastating damage these draconian spending cuts are causing in Ohio. This is not leadership, and the blame must be laid at the feet of those who voted for these cuts. House Republicans and Tea Party extremists had a chance to reach across the aisle and compromise, but they decided they would rather hold the American people hostage.

"I said back in March that sequester and the automatic spending cuts that would come with it could “cost Ohio a massive loss of jobs.” There is another way forward, and I stand ready to end sequester and its damaging consequences for Akron and northeastern Ohio. We must act now."
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