The White House announced a manufacturing jobs initiative on Friday joined by executives from Ford, Dow Chemical, U.S. Steel and others.
The White House announced a manufacturing jobs initiative on Friday joined by executives from Ford (F - Get Report) , Dow Chemical (DOW , U.S. Steel (X - Get Report) and others.
Part of Trump's overall jobs creation agenda, the project will involve ongoing meetings between the president and business leaders to "share their experiences and gain their insights." According to a press release, Trump will call on the executives listed for perspectives on "how to best promote job growth and get Americans back to work again."
Many of the executives listed as part of the initiative met with Trump on his first full day in office on Monday - Dow's Andrew Liveris, Dell's Michael Dell, Under Armour's (UA - Get Report) Kevin Plank, Tesla's (TSLA - Get Report) Elon Musk and Lockheed Martin's (LMT - Get Report) Marillyn Hewson.
Hewson in a statement following Monday's meeting said she was "encouraged" by Trump's commitment to "reduce barriers to job creation, including targeted regulatory reform and long term budget planning." She also said her company supports the president's efforts to end the defense sequester.
Fields met with Trump on Tuesday for a breakfast alongside his fellow automotive CEOs Mary Barra of General Motors (GM - Get Report) and Sergio Marchionne of Fiat Chrysler (FCAU - Get Report) . After the meeting, Fields said the auto industry is "excited about working together with the president and his administration on tax policies, on regulation and on trade to really create a renaissance in American manufacturing."
Richard Trumka and Thea Lee of the AFL-CIO will also form part of the initiative. Trump met with various union leaders on Monday afternoon.
Trump campaigned on a pledge to create 25 million jobs over the course of a decade, and his administration has focused much of its attention on the manufacturing base.
"They plan to be job-creators-in-chief, that's their end goal," said Tom Stringer, managing director at New York-based BDO Consulting.
Press Secretary Sean Spicer said at a press briefing on Monday that the group will meet next month and then going forward on a quarterly basis.
Ken Frazier, Merck & Co., Inc.
Greg Hayes, United Technologies Corp.