SNOWE RELEASES DETAILS OF OCTOBER 9TH SMALL BUSINESS COMMITTEE FIELD HEARING
“Small Business Manufacturing in a Global Market” at Lewiston City Hall Will Include Testimony from Treasury, Commerce Officials, and Maine Manufacturers
WASHINGTON, DC - .S. Senator Olympia J. Snowe (R-Maine), chair of the Senate Committee on Small Business and Entrepreneurship, has released more details of the Small Business Committee field hearing at Lewiston City Hall on October 9th. The meeting will begin at 9:30am in the City Council Chambers.
“It’s no secret that manufacturers in Maine have had a difficult time weathering the past three years, and the effects have been dramatic for both large corporations and the small businesses that make up the vast majority of businesses in Maine,” said Snowe. “The statistics speak for themselves - Maine has lost 17,300 manufacturing jobs over the past three years.”
“At the same time, small business has been the unsung hero of the economy, creating three-quarters of all new jobs nationally. By focusing on the challenges local small manufacturers face in the global economy during this hearing, we will gain insight from both Maine business owners and federal administrators that helps us assist and strengthen small business in Maine and across the country,” said Snowe.
Among the witnesses to appear before the committee will be panels of top federal administrators and local manufacturers. Grant Aldonas, the Commerce Department’s Undersecretary for International Trade and Pamela Olson, the Assistant Secretary for Tax Policy in the Treasury Department are among the federal officials testifying. A second panel will include Bruce Pulkkenin, the President and CEO of Windham Mill Works and Board Member of the National Association of Manufacturing, and Rod Rodrigue, the Executive Director of the Maine Manufacturing Extension Partnership. Additional witnesses have been invited.
“Small businesses are part of a much larger global economy. Currency policy in China can have a ripple effect all the way to China, Maine, and I will continue to work to ensure that our small manufacturers hold a strong position in the global market,” said Snowe. “This hearing is one way to ensure that small business manufacturers have their voices heard.”
MAINE MANUFACTURING LABOR STATISTICS
Employment Data (seasonally adjusted):
Manufacturing Jobs in Maine January 1993: 82,000 July 2000: 80,400 June 2003: 63,100
Maine lost 17,300 manufacturing jobs in the three years between 7/2000 and 6/2003 (Source: U.S. Dept. of Labor: Bureau of Labor Statistics)
Manufacturing Jobs by Sector (Source: Maine Dept. of Labor: Labor Market Conditions in Maine Since 2000)
Leather and Allied Product Manufacturing: 5,200 4,000 2,700
Semiconductor and Other Electronic Component Manufacturing: 2000: 4,800
Textile Mill Products:
5,500 4,800 4,300
12,900 12,300 11,700