The following can be attributed to Tony Bennett, president and CEO of the Texas Association of Manufacturers.
The Texas Association of Manufacturers thanks Chairman Phil King, Chairman Charles Schwertner, Chairman Ken King and their staff for their dedication and hard work in crafting a balanced outcome in Senate Bill 6, a bill that creates new tools to plan for and manage large electrical loads for business customers. The bill takes a measured, reasonable approach to bringing businesses with substantial electric demands to Texas. SB 6 makes clear that Texas remains open for business, while ensuring that customers large and small will have access to reliable, affordable power.
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The Texas Association of Manufacturers (TAM) actively represents more than 500 large and small companies from every manufacturing sector. Texas manufacturers employ more than 847,000 Texans in jobs that pay an average compensation of over $123,000 annually – roughly 36 percent higher than other non-farm Texas workers. Manufacturing accounts for 11.3 percent of the total output in the state, contributing more than $292 billion in 2023. On average, each manufacturing job created provides 5 additional jobs in our communities. Texas remains the number one exporting state for manufactured goods in the United States, now for more than 20 years running./
Media Contact: Gretchen Fox, 512-694-4326