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MEMA Hosts Supplier Roundtable with Senior Officials from the U.S. Department of the Treasury at ZF Fowlerville Plant

Date: June 04, 2024
MEMA Hosts Supplier Roundtable with Senior Officials from the U.S. Department of the Treasury at ZF Fowlerville Plant

Washington, D.C., June 4, 2024 – Today, MEMA, The Vehicle Suppliers Association partnered with the U.S. Department of Treasury to host a supplier roundtable. The roundtable was held at MEMA's member company, ZF at their Fowlerville Plant located in Fowlerville, MI.

The roundtable provided a unique opportunity for industry leaders to engage directly with Laurel Blatchford, Chief Implementation Officer, Inflation Reduction Act (IRA), and Rachel McCleery, Senior Advisor, Inflation Reduction Act (IRA) Program Office. Blatchford and McCleery shared insights into the latest developments and fostered a platform for dialogue and exchange of ideas.

The event was attended by several MEMA member companies, including: Denso Corporation, Detroit Manufacturing Systems (DMS), Eaton Corporation, Aptiv, MAHLE, Bendix Commercial Vehicle Systems, Arconic, BASF, ZF, and Forvia. Representatives from each company had the opportunity to introduce themselves and their businesses, focusing on key areas such as their engagement in the clean energy space, planned adjustments or growth within the clean energy sector, and the IRA initiatives of greatest interest to their companies.

Treasury officials, McCleery and Blatchford, expressed a strong interest in learning more about the industry and the participating companies. They outlined their purpose for visiting, emphasizing the importance of understanding how businesses are adapting to and benefiting from the IRA. 

MEMA's Ana Meuwissen, Senior Vice President, Government Affairs, stated, “We were honored to host this roundtable with the U.S. Department of the Treasury. The event underscored our commitment to fostering meaningful conversations between our members and key policymakers. The productive discussion will help drive forward the goals of the Inflation Reduction Act. We appreciate the efforts the U.S. Department of the Treasury is making to advance innovation within the supplier industry.”

The roundtable covered critical aspects of the IRA and focused on enhancing industry awareness and understanding of the various programs available and leveraging opportunities for growth and innovation. 

About MEMA. The Vehicle Suppliers Association
MEMA, The Vehicle Suppliers Association, is the leading trade association in North America for vehicle suppliers, parts manufacturers, and remanufacturers. It has been the voice of the vehicle supplier industry since 1904. Its more than 1,000 members are Strong by Association.

Companies join MEMA via two membership groups: MEMA Aftermarket Suppliers and MEMA Original Equipment Suppliers. Automotive and commercial vehicle suppliers are the largest manufacturing sector in the United States and lead the way in new vehicle innovations.

Members conceive, design, and manufacture the OE systems and technologies that make up two-thirds of the value of every vehicle and supply the aftermarket with the parts that keep millions of vehicles on the road, fueling international commerce and meeting society’s transportation needs. MEMA members are committed to safety and sustainability.

MEMA has offices in Southfield, Mich.; Research Triangle Park, N.C.; and Washington, D.C. Learn more at MEMA.org.

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