US Aluminum association marks anniversary of Inflation Reduction Act
(Posted on 21/08/23)
Aluminum Association president & CEO Charles Johnson released the following statement on the one-year anniversary of President Biden signing the Inflation Reduction Act:
“Infrastructure investment is buoying historic industry-sponsored capital spending – more than $6 billion announced for U.S.-based aluminum projects over the past 3 years. Shifting consumer preferences toward more sustainable materials, a move toward electrification, bipartisan support for trade enforcement and infrastructure spending are all working together to make America a highly attractive place to make aluminum. Durable, corrosion resistant and sustainable, aluminum is a material tailor-made for 21st century infrastructure projects. Building America means building with aluminum.”
Like all manufacturing sectors, U.S. aluminum benefits from reliable roads, bridges, electricity and other infrastructure. Aluminum is also a cornerstone material in American manufacturing, supporting aerospace, transportation, construction, electrical transmission and many other markets. The metal is a key element of any comprehensive strategy to enhance the nation’s infrastructure while conserving energy, improving environmental quality and mitigating climate change.
The Aluminum Association represents aluminum production and jobs in the United States, ranging from primary production to value added products to recycling, as well as suppliers to the industry. The association is the industry’s leading voice, representing companies that make 70% of the aluminum and aluminum products shipped in North America. The association develops global standards, business intelligence, sustainability research and industry expertise for member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel-efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry supports $176 billion in economic activity and more than 634,000 jobs.
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