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IUOE News Bulletin – American Manufacturing is Growing

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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.

Good-Paying

Good-Paying Manufacturing Jobs Keep 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. In the last three years, the U.S. has created 739,000 new manufacturing jobs. 1 This has begun reversing a trend that saw over 5 million jobs lost to outsourcing over the previous decades — decimating the middle class, harming our communities, and undermining union strength. CHIPS Act A signature piece of legislation for the Biden-Harris administration — the CHIPS Act — is bringing back American jobs in semiconductor manufacturing. Dozens of companies have committed to invest nearly 0 billion to produce semiconductors across this country. “We’re creating good-paying union jobs up and down the supply chain. We’re bringing down prices. And we’re bringing production back where it belongs Sen. Sherrod Brown (D-OH) a longtime friend of labor to America,” said Ohio Senator Sherrod Brown. Brown was instrumental in passing the CHIPS Act, making possible Intel’s billion investment in a semiconductor plant in New Albany, which is being built by Ohio Operating Engineers. Sen. Bob Casey (D-PA), a champion of prevailing wage. When the CHIPs Act was debated in the Senate, Republican Senator John Cornyn from Texas tried to repeal the prevailing wage provision. Every Democrat and six Republicans joined together to beat that amendment and ensure that construction workers are paid good wages on projects supported by our federal tax dollars. A strong supporter of good union jobs, Pennsylvania Senator Bob Casey said, “Good wages and union members are the backbone of our community. I’m proud to support Davis-Bacon!” Manufacturing the Future Under the Biden-Harris Administration, private companies have announced: 0 Billion so far in commitments to invest in 21st-century industries like: Source: invest.gov | All data was sourced from public press releases, industry associations, and news articles. 5B Semiconductors & Electronics 1: Source: Bureau of Labor Statistics

“This is a huge opportunity for IUOE Local 18. Over 0 billion invested and 10-plus years of work thanks to the Chips and Science Act. Over 400 operators will be used at peak, and we will be running 150 cranes of all sizes. Some apprentices will do their entire four-year apprenticeship on this one single job. It’s lifechanging!” — Michael Bertolone, Business Manager Local 18 MADE IN AMERICA The insistence of the Biden-Harris team to include Buy American requirements in the law is a big part of bringing Operating Engineers’ jobs back and increasing opportunity while strengthening our communities and industrial base. It’s an agenda focused squarely on growing the middle class and bolstering union labor. We must move forward, building upon this pro-worker agenda and not turn back to the failed policies of the previous administration. 7B EVs & Batteries B Clean Energy Manufacturing & Infrastructure B Biomanufacturing B Heavy Industry 7B Clean Power

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