Shale boom boosting US manufacturing: execs
Jun 25, 2013 | 02:33 PM
| Thorsten Schier
NEW YORK Low domestic energy prices due to the shale exploration boom are already spurring manufacturing in the United States.
"There has been a lot of talk about economic growth from the shale boom in parts of North Dakota, Ohio, Pennsylvania and Texas, where new energy production is taking place, but some of the greatest benefits are filtering down to conventional factories across America, like mine," according to Drew Greenblatt, president of Baltimore-based Marlin Steel Wire Products LCC, who is also a board and executive committee member of the National Association of Manufacturers (NAM).
Greenblatt made his comments during testimony before a joint hearing of the House Energy and Power subcommittee and the House Commerce, Manufacturing and Trade subcommittee.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.