Texas Insider Report: AUSTIN, Texas – The Texas Association of Manufacturers (TAM) today congratulated Senator Kelly Hancock for his appointment as Chair of the Senate Committee on Veterans Affairs and Border Security.
“Many of Texas’ 1,300 aerospace and defense companies actively seek out veterans for the unique expertise and experience they bring to the job,” said Tony Bennett, president and CEO of TAM. “Senator Hancock has long been a supporter of Texas manufacturers and is well positioned to continue that support for our veteran workforce. We look forward to working with him to maintain job growth in this critical sector of our economy.”
Bennett noted that job growth in the aerospace industry has a profound impact on the rest of the economy. For every thousand jobs that Texas attracts or retains in the aerospace industry, the economy realizes nearly $1 billion in economic activity, $350 million in wages and benefits, and almost 4,000 additional jobs, he said.
Bennett also thanked Senator Donna Campbell for her years of service as Chair of the Veterans Affairs and Border Security Committee. “Chair Campbell has been a champion of the aerospace and defense industry and we appreciate her thoughtful leadership that directly increased Texas’ global competitiveness and our national security.”
The Texas Association of Manufacturers (TAM) actively represents the interests and priorities of more than 600 member companies in Austin and in Washington, D.C. Manufacturers in Texas account for 13.07 percent of the total output in the state – more than $241 billion in 2019 – and employ more than 881,000 Texans in jobs that pay an average compensation of over $90,100 annually. On average, each manufacturing job created also provides 5 additional jobs in our communities. For two decades, Texas remains the number one exporting state for manufactured goods in the United States. Follow TAM on Facebook and Twitter.