The Sheet Metal and Air-Conditioning Contractors’ National Association President likes the president's economic stimulus package.
Sheet Metal and Air
Conditioning Contractors’ National Association President John Ilten said
members were enthusiastic about approval of the president’s economic stimulus
“This new federal energy efficiency infrastructure
investment and related tax incentives bode well for our industry, our
environment and our economy,” he said. “Our firms are eager to join in this massive federal
construction effort to promote public building, energy efficiency, building
retrofits and building-related infrastructure projects to quickly stimulate
economic growth in the green buildings sector of the construction market.”
President Barack Obama signed the American Recovery and
Reinvestment Act in Denver Tuesday.
SMACNA hailed the act’s green-building infrastructure tax incentives,
which are expected to pump more than $100 billion dollars into private sector
green construction and retrofit activity in the commercial, institutional,
residential and industrial sectors in the future.
Importantly, this historic level of energy
efficiency investment will yield substantial paybacks for the environment and
in savings on energy bills for many years to come,” Ilten said. “The fact that
the federal government has vowed to lead our nation to a higher level of energy
efficiency, green building and sustainability makes us confident greater
opportunities will be available for years to come.
firms with highly trained workers, such as SMACNA members, who are ready to
implement sophisticated mechanical technology will enjoy expanded opportunities
from this important federal act,” he added.
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