PRESS RELEASE from
the National Association of Manufacturers
NAM PRESIDENT CONGRATULATES
PRESIDENT-ELECT OBAMA FOR HARD-WON, HISTORIC VICTORY
Pledges To Work With New
Administration To Strengthen The Economy
D.C., November 5, 2008 – National Association of Manufacturers (NAM)
President and Chief Executive Officer John Engler today congratulated
President-elect Barack Obama on his election as the next President of
the United States.
"This has been a long, hard-fought campaign,"
Engler said. "Now is the time to go to work for the country - we must
come together to revitalize our economy. Our nation is in a financial
crisis that is discouraging investment and consumption. Manufacturers
are severely impacted by the credit squeeze. Companies with solid
balance sheets, good credit histories and order backlogs cannot obtain
routine financing. There is no question that we face daunting
challenges ahead. The NAM stands ready to work with President-elect
Obama to overcome these challenges and move forward as a stronger,
united nation," Engler said.
"President-elect Obama’s home state of Illinois is
an industrial state with a formidable manufacturing base," Engler said.
"President-elect Obama understands the importance of manufacturing and
what's good for jobs and the economy overall. He has opposed unfair
trade policies that have disadvantaged U.S. manufacturers and expressed
support for key issues that are important for jobs creation, including
trade, energy, and workforce training."
On behalf of the NAM, Engler presented the
President-elect with an open letter of congratulations along with the
NAM’s agenda for strengthening manufacturing and the nation’s economy.
"The manufacturers of America are optimistic about our future and we
look forward to working with President-elect Obama," Engler said.