NAM Calls on Congress to Reauthorize the Ex-Im Bank
PITTSBURGH, PA — At a roundtable discussion convened today by the National Association of Manufacturers (NAM) and featuring Westinghouse Electric Co. and Holtec International Corp., business leaders urged Congress to reauthorize the U.S. Export-Import (Ex-Im) Bank, which is critical to hundreds of Pennsylvania companies and thousands of workers to grow sales overseas in a highly competitive global economy.
NAM President and CEO Jay Timmons, Westinghouse President and CEO Danny Roderick and Holtec Senior Vice President and Chief Nuclear Officer Pierre Paul Oneid agreed that companies of all sizes—and their suppliers—will be adversely affected if Congress fails to reauthorize the bank’s charter, which will expire unless Congress acts by September 30.