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 Treasury Secretary Attends Roundtable Discussion on Green Manufacturing Jobs in Minneapolis


1/28/2010

TG-521

Geithner Tours Honeywell Factory, Meets with Local Business,
 Labor Leaders,
Industry Representatives and Elected Officials

MINNEAPOLIS – On the heels of the President's State of the Union call for a new jobs bill to jumpstart private sector job creation, Treasury Secretary Tim Geithner traveled to Minneapolis today to meet with local business and labor leaders, industry representatives and elected officials to discuss the work being done in Minnesota to create green jobs.

After touring facilities at Honeywell Internation​​al, Inc., a company considered to be a leader in the implementation of manufacturing efficiency measures, Secretary Geithner participated in a roundtable discussion hosted by the company and the Mayors' Green Manufacturing Initiative. During the roundtable, the group discussed how investments in clean energy and energy efficiency present significant opportunities to create green manufacturing jobs in Minnesota and nationwide while helping move the country toward a green economy. Secretary Geithner also announced that the Administration's budget, to be released next week, will expand the Advanced Energy Manufacturing Tax Credit by $5 billion. This program provides a 30 percent tax credit for investments in the factories that will make the products to power the clean energy economy. In the process, it is helping assure that America leads the world not in just reducing greenhouse gases to protect the environment, but in making the products needed to accomplish that reduction. A full list of roundtable attendees is below.

"We hope Congress will move quickly to pass a jobs bill including credit and tax cuts for small businesses; investments in innovation including clean energy technology; investments in road, bridge, rail and port projects; and policies to spur more exports of American manufactured products," said Secretary Geithner.

Following the roundtable discussion, Secretary Geithner had lunch in Minneapolis with local business leaders from Cargill, Cuisine Concepts & Franklin Bakery, General Mills, Hemisphere Restaurant Properties, Honeywell, Hormel Food Corp, and Land O'Lakes.

ROUNDTABLE PARTICIPANTS

R.T. Rybak                 Mayor of Minneapolis
Chris Coleman            Mayor of St. Paul
Rep. Keith Ellison       Minnesota Fifth District
Rep. Betty McCollum Minnesota Fourth District
Roger Fradin               President and CEO, Automation and Control Solutions, Honeywell
David Foster               Executive Director, Blue Green Alliance
Lois Smith                   Partner, Smith Partners
Robert Elde                 Dean, College of Biological Sciences, University of Minnesota
Tom Gunkel                CEO, Mortenson Consctruction
Randy Hagen              President, Solar Skies
Charles Hayes             Vice President, Organizational Performance, SAGE Electrochromics
Red Heitkamp             Director of Advanced Manufacturing Engineering, Remmele Engineering
Jon Hjelm                    Vice President, Clean Technology and Renewables Investment Bank,         Piper Jaffray
Louis Jambois             President, Saint Paul Port Authority
George Garnett           President and CEO, Summit Academy OIC, Co-Chair HIRE Minnesota
Brad Lehto                  Chief of Staff, Minnesota AFL-CIO
Tom Lambrecht           Sustainable Development Leader, Great River Energy
Mark Lofthus              Director, Business and Community Development Division, Minnesota
                                                DEED
Gregg Mast                 Senior Program Manager, BioBusiness Alliance of Minnesota
Harry Melander           Executive Secretary, Saint Paul Building and Construction Trades Council
Gail O'Kane                Education-Industry Partnership Manager, Emerging Technologies, MN
                                                State Colleges and Universities
Mike Christenson        Director, Community Planning and Economic Development, Minneapolis
Mike Harley                Executive Director, Minnesota Environmental Initiative
Jeremy Kalin               Minnesota State Representative
Milt Nordmeier           Secretary-Treasurer, International Brotherhood of Teamsters Local 1145
Lois Quam                  Founder and Chair, Tysvr, LLC
Cora McCorvey          Executive Director, Minneapolis Public Housing Authority


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