Trade Promotion Authority is important for local industry
Published 9:54 pm Tuesday, June 23, 2015
Dear editor,
As an International Paper employee, a company that employs approximately 750 people at our Riverdale Mill in Selma and nearly 1,200 people in the area, I am thankful for Congresswoman Terri Sewell’s support for Trade Promotion Authority (TPA).
TPA is an important process that will allow the current administration, as well as future presidents, to craft strong trade agreements that will put the interests of American manufacturing front and center by leveling the playing field and opening new markets for our products. TPA will increase transparency in trade negotiations and will ensure that the United States plays a central role in shaping trade agreements.
Having access to foreign markets is vitally important to companies like International Paper and because our company exports nearly 25 percent of our production to markets throughout the world, global trade is important to me, my family, our employees and our community. Since 95 percent of the world’s population lives outside of the United States, exports continue to be of growing importance for the U.S. forest products industry. Global trade accounts for more than 15 percent of the industry’s annual total sales. In 2014, the industry’s global exports totaled an estimated $32.2 billion, of which $22.3 billion were exports of pulp and paper.
TPA will create new opportunities for businesses — big and small alike — and their employees. The link that International Paper has to global trade is not only important to our employees, but to the 789 small and medium sized companies that our Alabama-based operations purchase goods and services from throughout the state.
Representative Sewell demonstrated leadership by supporting TPA. In voting for this critical piece of legislation, she voted to stand up for her constituents and those who work in manufacturing. Thank you, Congresswoman Sewell.
James Bruce
Selma