Walmart Commits To Major Manufacturing Investment
TMA News
July 5, 2017
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Walmart announced Wednesday morning its plans to invest in policies they believe it would take to begin to move manufacturing back into America – reflecting the Trump Administration’s efforts to bring jobs and industry back to the U.S.
The company’s policy proposals included building vocational training programs, reducing costs for private industry to train workers, rebranding U.S. manufacturing to attract workers and drive demand for domestic products, encouraging component production to close supply chain gaps and promoting manufacturing clusters through public-private cooperation.
Other proposals included eliminating federal overlap in manufacturing regulations, creating flexible compliance requirements for small businesses, creating a globally competitive tax environment, expanding tax deductions to foster manufacturing investments and overhauling trade agreements.
Walmart’s proposal released Wednesday HERE.
