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Blog Entries from January 25, 2012

Secretary Bryson Meets with Business Leaders in Virginia, Highlighting Manufacturing Priorities

Secretary Bryson tours Paramount Sleep in Norfolk, VA with Richard Diamonstein, President of their Commercial Division

Today, a day after attending the president’s State of the Union address, Secretary Bryson had the opportunity to tour Paramount Sleep, a family-owned mattress factory, and meet with local business leaders in Norfolk, Virginia to talk about manufacturing and how the Commerce Department can help businesses build products here and sell them everywhere.

Like many other businesses across the country, Paramount Sleep was hit by the recent recession–but they pressed on. Today, they manufacture high-end products using about 90% U.S. content. They have been an anchor in the community for three generations.

Many of the businesses in Norfolk have followed a similar path, and people throughout America have created companies like this that are “built to last.” As the president said last night, it’s now time for us to ensure that the American economy as a whole is also “built to last.”

The question now is: How do we keep moving forward to build an economy that creates jobs and supports a strong middle class–both in the short and long term? As the president said last night, “our blueprint begins with American manufacturing.” Today, over 11 million Americans have manufacturing jobs. Over the last two years, manufacturing has added more than 330,000 jobs, the strongest jump since the 1990s.

Commerce is building on that momentum by focusing its efforts specifically on advanced manufacturing, recently creating a national office to coordinate government-wide efforts with private sector and university partners. And companies like Paramount are poised to become powerhouses of American manufacturing. Paramount mattresses are Made in America, using domestic suppliers almost exclusively. Recently, they have been working with our Commercial Service officers to sell their products in China.

North Carolina Manufacturing is Supporting an Economy Built to Last

Sanchez tours manufacturing plant in North Carolina

Guest blog post by Francisco J. SánchezUnder Secretary of Commerce for International Trade

Good things are happening here in North Carolina.  

Today, I’ve had the pleasure of spending some time in the Tar Heel state, visiting companies, meeting with business and community leaders, and seeing up close just how a thriving manufacturing sector is positively impacting jobs and the economy.

The morning began with a tour of Parkdale Mills, a yarn company that was founded nearly a century ago with one mill and less than 200 employees.

In the years since—despite all the changes that have occurred in the industry—Parkdale has done more than survived. It’s thrived. The numbers are staggering.

Federal Government Help for Manufacturing Companies: How Commerce Contributes

US-Made Auto Parts

In last night's State of the Union address, President Obama laid out proposals for how to bring about a new era of American manufacturing, with more good jobs and more products stamped Made in the USA.  A few of the proposals are:

  • Reward companies for bringing jobs back to America.
  • Lower tax rates for companies that manufacture and create jobs in the United States.
  • Get tough on trade enforcement.
  • Create more jobs and make us more competitive by rebuilding America using half of the savings from ending foreign wars.

These proposals build upon the efforts already underway by the White House.

At the Department of Commerce, we support manufacturers in a multitude of ways: