AASA Joins MEMA in Recognizing Legislative Success on the Signing of USMCA
RESEARCH TRIANGLE PARK, N.C. – The Motor & Equipment Manufacturers Association (MEMA) was invited to join President Donald Trump in Wednesday’s historic USMCA bill signing ceremony at the White House. U.S. passage of the USMCA will provide economic certainty and will ensure that motor vehicle parts manufacturers in the U.S. stay competitive in the global marketplace.
“It is a great honor to receive the president’s personal invitation to attend the signing ceremony and to represent our members and the entire supplier community,” MEMA President & CEO Bill Long said. “The USMCA is a significant bipartisan accomplishment for our country and has been a major Motor & Equipment Manufacturers Association legislative success for the industry. The USMCA will provide opportunity for manufacturing growth in the United States and throughout the region. This action begins to establish economic certainty, which is essential to preserving and enhancing vital North American supply chains for the U.S. motor vehicle sector.”
“The signing of USMCA brings much needed trade certainty to the automotive aftermarket,” AASA President & COO Paul McCarthy said. “This historic moment is recognition of the meaningful impact suppliers have on the U.S. economy and the hard work of our association and our members on this important issue. We are particularly pleased that the agreement will not alter the trading requirements for aftermarket components. There is still a lot of work to do on finalizing the regulations, but MEMA was able to deliver a big win for our industry.”
Canada is expected to pass its USMCA implementing bill in the next month or so, then all three nations will have the legislative framework for the USMCA in place. MEMA is now providing input to USTR and the U.S. Congress as the Uniform Regulations to fully implement the USMCA are developed by Canada, Mexico and the United States. In addition, MEMA is planning in-depth webinars and other educational opportunities starting very soon to assist members with the transition from the NAFTA to the USMCA.
Bill Long’s statement regarding this historic occasion can be accessed by visiting the MEMA website.
AASA exclusively serves manufacturers of aftermarket components, tools and equipment, and related products, an important part of the automotive parts manufacturing industry which supports 871,000 American jobs. AASA is a recognized industry change agent – promoting a collaborative industry environment, providing a forum to address issues and serving as a valued resource for members. AASA is the light vehicle aftermarket division of the Motor & Equipment Manufacturers Association (MEMA). “AASA, The Voice for the Automotive Aftermarket Supplier Industry”
The Motor & Equipment Manufacturers Association (MEMA) and its four specialized divisions comprise a leading international trade association in the fast-changing mobility industry. Representing vehicle suppliers that manufacture and remanufacture components, technologies, and systems for use in passenger cars and heavy trucks, MEMA serves as a critical bridge between high-tech capabilities in new vehicles –such as autonomous vehicles and vehicle connectivity – and the “nuts and bolts” of vehicle manufacturing. MEMA works at state, federal, and international levels to ensure that the marketplace and public policy support the development of advanced, transformative technologies that enable safer, smarter, and more efficient vehicles. By directly employing more than 871,000 Americans and generating a total employment impact of 4.26 million jobs, MEMA’s member companies are the largest sector of manufacturing jobs in the U.S. MEMA’s members are represented through four divisions: Automotive Aftermarket Suppliers Association (AASA), Heavy Duty Manufacturers Association (HDMA), The Association for Sustainable Manufacturing (MERA), and Original Equipment Suppliers Association (OESA). For more information on how MEMA is leading transformation in the mobility industry, visit www.mema.org.