| Testimony of Mark
J. Erickson
President, Thomas Engineering Company
Minneapolis, Minnesota
Chairman, Precision Metalforming Association
Good afternoon, Mr.
Chairman, members of the Commission. I am Mark J. Erickson, President
of Thomas Engineering Company, of Minneapolis, Minnesota and current Chairman
of the Precision Metalforming Association (PMA). In Minnesota, there are
37 workers in steel consuming industries for every worker in steel and
iron ore production.
PMA is one of the
largest associations of steel using manufacturers in the country. We have
1600 members who give utility to sheet metal, principally steel. Employing
over 300,000 workers, metal formers use about one fourth of all the flat
rolled steel produced in North America. We know our steel and we know
our markets.
On behalf of the entire
metal forming industry, I strongly urge you to recommend no remedy that
restricts imports on flat-rolled steel products. While we are aware of
the plight of some major steel companies and their workers, the downstream
metalforming industry simply cannot afford to pay the bill for solving
them.
My company is an example
of why our industry cannot accept massive tariffs or other trade restrictions
on steel. We employ 145, and make precision stamped products of steel
and other metals. We must have the steel we need when we need it to meet
our customers' requirements. If we don't someone else will-and we will
be out of business.
High steel tariffs
will hand an unbeatable competitive advantage to our foreign competitors.
They will be able to meet U.S. customers' needs with world-class quality
and globally competitive prices.
I cannot understand how the U.S. steel producers can possibly think their
plan will work. Many steel users will migrate offshore and others will
lose business to foreign competitors. If anything, domestic demand for
steel will decline. Steel import restrictions steal jobs.
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