Hopefully this comes up at Obama’s town-hall today in Racine, Wisc. The Milwaukee Journal Sentinel:
Despite skepticism from government officials in Washington, a Milwaukee business group is standing by its contention that nearly 1,000 U.S. jobs would be retained or created if Bucyrus International Inc. salvages an order to supply equipment for a coal-mining operation in India.
The order for $600 million in mining machines is at risk of falling through after the U.S. Export-Import Bank – citing environmental concerns – last week denied loan guarantees for the project. The company says it will probably lose the orders, and the jobs, to an overseas competitor.
Bucyrus has more than 1,400 employees in the area. A study by the Metropolitan Milwaukee Association of Commerce said the India contract would create and retain 326 jobs in the area and up to 1,000 jobs across 13 states.
“These are real numbers and real jobs,” said Tim Sheehy, MMAC president, as the issue simmered one day before President Barack Obama’s scheduled visit Wednesday to Racine for a town hall meeting on the economy.
The rest here.
Via @BCCohan





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