Aris Papadopoulos, CEO of Titan America and PCA chair, testified last week before the U.S. House Committee on Oversight and Government Regulations Reform. He called for Congress to take immediate action to end the unprecedented regulatory assault against the cement industry that puts American jobs in jeopardy.
Papadopoulos called on Congress to step up and take back legislative ownership for restoring economic prosperity and retaining good jobs for Americans. “Immediate action is needed to rescind these regulations before they prolong or worsen the harm,” he testified. “We also need Congress to undertake broad legislative reform that will strengthen standards of justification for EPA rules and reduce wasteful environmental litigation.”
One of the biggest impacts of the regulations, according to Papadopoulos, will be jobs. “The Great Recession has hit our industry very hard. We cut costs, which sadly included more than 4,000 jobs. What remains are 15,000 well-paying jobs, with average compensation of $75,000. But today, these jobs are in jeopardy, and the spillover could also affect millions employed in the construction sector.”
Led by Rep. Jim Jordan (R-OH), chair of the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending, the hearings sought to assess the cumulative impact of regulations on U.S. manufacturers. In addition to Papadopoulos, the Subcommittee heard testimony from the paper, chemistry, forged metals, and brick industries.
Papadopoulos is also scheduled to participate in a Congressional Jobs Forum roundtable discussion tomorrow. The Forum is designed to educate House members on the key federal barriers to job creation, and what Congress can do, proactively, to create conditions that will expedite job growth.