December 09, 2024
NEMA, Electro-Federation Canada
(EFC), and Cámara Nacional de
Manufacturas Eléctricas (CANAME)today issued the following
statement in support of free trade in electrical industry goods between Canada,
Mexico, and the United States:
"The North American electrical industry powers the economies of
Canada, Mexico, and the United States. The electrical industry provides
products and services that are essential in developing national infrastructure,
increasing manufacturing competitiveness, supporting more efficient use of our
energy resources, enhancing economy-wide resilience, and driving leadership in
next-generation mobility.
"The USMCA/CUSMA/T-MEC has
been instrumental in attracting new investment, growing jobs and manufacturing
in all three countries, increasing supply chain resiliency, and ensuring North
American competitiveness and leadership in technologies and industries of the
future. The USMCA/CUSMA/T-MEC has spurred exports of electrical goods –
increasing inter-regional trade by 40% since July 2020 – and has created a more
globally competitive North American electrical industry. We look forward
to working with the political leadership in all three countries on policies and
initiatives that further drive investment, manufacturing, and jobs in this key
sector and beyond."
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About NEMA
The National Electrical Manufacturers Association (NEMA) represents over 300 electrical equipment and medical imaging manufacturers that make safe, reliable, and efficient products and systems. Together, our members contribute 1% of U.S. GDP and directly provide nearly 460,000 American jobs, contributing more than $250 billion to the U.S. economy. Learn more at www.nema.org
Press contact:
Emily Druckman
Emily.Druckman@Nema.org