Belden Leaders Join Senate Majority Leader Schumer, White House for Virtual Meeting
15 11월 2023 - 6:56AM
Business Wire
Call emphasized Belden innovation, capital investments, and
job creation in broadband space
Belden Inc. (NYSE: BDC), a leading global supplier of network
infrastructure and digitization solutions, earlier today joined
Senator Chuck Schumer, Senior White House advisor Mitch Landrieu,
and Assistant Secretary Alan Davidson from the National
Telecommunications and Information Administration (NTIA) as they
recognized Belden’s investment in broadband innovation at its
Syracuse, NY, facility.
Syracuse is home to PPC Broadband Inc., a wholly owned
subsidiary of Belden, where government funding of broadband
expansion has led to notable capital investment and sustainable job
creation. This includes $9 million to increase fiber cable
extrusion, termination, and testing and 200 additional jobs needed
to meet “Buy America” requirements of the federally-funded
programs.
“We understand the priorities laid out by Senator Schumer,
President Biden, and other Administration officials. They want
U.S.-funded programs to benefit U.S.-based industry and to be used
in U.S. factories,” said Dr. Ashish Chand, Belden CEO. “Belden is
answering that call by investing in research and development,
capital projects and job creation in Syracuse and across the United
States.”
This week marks the two year anniversary of the Bipartisan
Infrastructure Law (BIL), which was signed by President Biden on
November 15, 2021. The law includes $65 billion to provide
affordable, high-speed internet to all Americans. The $42.45
billion Broadband Equity, Access, and Deployment (BEAD) program is
funded through the BIL and is specifically aimed at reaching rural
unserved and underserved communities.
Belden’s New York-based operations have focused on improvements
to manufacturing processes and repositioning teams to better
support U.S. customers benefiting from these federal programs,
helping maintain a strong position within the North American
broadband market.
“Investing in tomorrow’s workforce today is how we can breathe
new life into Central New York’s manufacturing legacy, and PPC
Broadband is at the forefront of this effort – ensuring New Yorkers
can get the good-paying jobs to build a good life for them and
their families,” said Senator Schumer.
The investments recognized by Senator Schumer, the White House,
and NTIA represent Belden’s commitment to innovation as a key piece
of its transformational journey to becoming the world’s leading
provider of network and digitization solutions. Through a continued
focus on research and development, world-class manufacturing
capabilities, and talent investment, Belden remains uniquely
positioned to support its many customers in the United States,
throughout North America, and around the world.
About Belden
Belden Inc. delivers the infrastructure that makes the digital
journey simpler, smarter and secure. We’re moving beyond
connectivity, from what we make to what we make possible through a
performance-driven portfolio, forward-thinking expertise and
purpose-built solutions. With a legacy of quality and reliability
spanning 120-plus years, we have a strong foundation to continue
building the future. We are headquartered in St. Louis and have
manufacturing capabilities in North America, Europe, Asia, and
Africa. For more information, visit us at www.belden.com; or follow
us on Facebook, LinkedIn and X/Twitter.
Belden and the Belden logo are trademarks or registered
trademarks of Belden Inc. or its affiliated companies in the United
States and other jurisdictions. Belden and other parties may also
have trademark rights in other terms used herein.
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Mark Banick Director, Global Marketing – Broadband
Solutions O: 315.431.7330 M: 315.200.3142
mark.banick@belden.com
Belden (NYSE:BDC)
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Belden (NYSE:BDC)
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