USW - United Steelworkers

10/24/2024 | Press release | Distributed by Public on 10/24/2024 13:17

USW Welcomes Treasury’s Final Rules Expanding Domestic Manufacturing Base

Contact: Jess Kamm Broomell, [email protected], 412-562-2444

Pittsburgh - United Steelworkers (USW) International President David McCall issued the following statement welcoming the Treasury Department's final rules for the 45X Advanced Manufacturing Production Credit, which will help drive investments in key domestic industries:

"This groundbreaking manufacturing tax credit has been essential in harnessing the momentum of the Inflation Reduction Act as we expand our critical mineral and clean energy supply chains.

"The rules the Treasury Department announced today will further ensure than we are growing our manufacturing base and creating good jobs as we build out the energy technologies and industries we'll need to carry us into the future.

"In particular, we applaud the Biden-Harris administration for its inclusion of materials and extraction costs, a top priority for USW members.

"As we seek to meet the full range of our needs when it comes to industries like solar, wind, batteries and more, we will need the responsibly mined minerals our members provide more than ever.

"These final rules will help companies make crucial investments, and we look forward to working with employers across the clean energy supply chain to utilize these credits and build stronger, healthier communities."

The USW represents 850,000 workers in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in health care, public sector, higher education, tech and service occupations.

###