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Member of White House Council of Economic Advisers Visits Belden to Witness Significant Investments in Made in America Initiatives

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Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure solutions, hosted Dr. Heather Boushey, a member of the White House Council of Economic Advisers, at its PPC Broadband facility in East Syracuse, NY on July 29, 2024. The visit showcased Belden's significant capital investments in Made in America initiatives, aligning with the 2021 Infrastructure Investment and Jobs Act's $42 billion Broadband Equity, Access, and Deployment (BEAD) Program.

Dr. Boushey toured the facility's new production lines and discussed technology, R&D, and job training with Belden partners. The company's investments aim to provide American-made fiber optic cabling and network solutions, supporting the Biden Administration's commitment to expanding affordable, high-speed internet access and fostering economic growth.

Belden Inc. (NYSE: BDC), fornitore leader a livello globale di soluzioni per le infrastrutture di rete, ha ospitato la Dott.ssa Heather Boushey, membro del Consiglio dei Consulenti Economici della Casa Bianca, presso il suo stabilimento PPC Broadband a East Syracuse, NY il 29 luglio 2024. La visita ha messo in evidenza gli importanti investimenti di capitale di Belden nelle iniziative Made in America, in linea con il Programma da 42 miliardi di dollari Broadband Equity, Access, and Deployment (BEAD) previsto dalla legge sulle infrastrutture del 2021.

La Dott.ssa Boushey ha visitato le nuove linee di produzione dello stabilimento e ha discusso di tecnologia, ricerca e sviluppo, e formazione professionale con i partner di Belden. Gli investimenti dell'azienda mirano a fornire cablaggio in fibra ottica e soluzioni di rete 'Made in America', supportando l'impegno dell'Amministrazione Biden a espandere l'accesso a internet ad alta velocità e conveniente, contribuendo così alla crescita economica.

Belden Inc. (NYSE: BDC), un proveedor líder mundial de soluciones de infraestructura de red, recibió a la Dra. Heather Boushey, miembro del Consejo de Asesores Económicos de la Casa Blanca, en su instalación de PPC Broadband en East Syracuse, NY, el 29 de julio de 2024. La visita destacó las importantes inversiones de capital de Belden en iniciativas Hecho en América, alineándose con el Programa de Equidad, Acceso y Despliegue de Banda Ancha (BEAD) de 42 mil millones de dólares de la Ley de Inversiones en Infraestructura y Empleo de 2021.

La Dra. Boushey recorrió las nuevas líneas de producción de la instalación y discutió tecnología, I+D y capacitación laboral con los socios de Belden. Las inversiones de la empresa buscan proporcionar cableado de fibra óptica y soluciones de red 'Hecho en América', apoyando el compromiso de la Administración Biden de expandir el acceso a internet de alta velocidad y asequible, fomentando el crecimiento económico.

벨든(Belden Inc.) (NYSE: BDC), 글로벌 네트워크 인프라 솔루션의 선도적인 공급업체는 2024년 7월 29일 뉴욕 이스트 시라큐스에 위치한 PPC 브로드밴드 시설에서 백악관 경제 자문 위원회 위원인 헤더 바우쉬 박사를 초청했습니다. 이번 방문은 벨든의 미국산 제품에 대한 중요한 자본 투자를 강조했으며, 2021년 인프라 투자 및 일자리 법안의 420억 달러 브로드밴드 형평성, 접근성 및 배치(BEAD) 프로그램과 일치합니다.

바우쉬 박사는 시설의 새로운 생산 라인을 둘러보고 벨든 파트너들과 기술, 연구 개발 및 직업 훈련에 대해 논의했습니다. 회사의 투자는 미국에서 생산된 광섬유 케이블 및 네트워크 솔루션을 제공하여 바이든 행정부의 저렴하고 고속 인터넷 접근성 확장 및 경제 성장 촉진에 기여하고자 합니다.

Belden Inc. (NYSE: BDC), un fournisseur mondial leader de solutions d'infrastructure réseau, a accueilli Dr. Heather Boushey, membre du Conseil des conseillers économiques de la Maison Blanche, dans son usine PPC Broadband à East Syracuse, NY, le 29 juillet 2024. La visite a mis en lumière les investissements en capital significatifs de Belden dans les initiatives Made in America, en accord avec le programme de Broadband Equity, Access, and Deployment (BEAD) de 42 milliards de dollars de la loi sur les investissements dans les infrastructures et l'emploi de 2021.

Dr. Boushey a visité les nouvelles lignes de production de l'usine et a discuté de technologie, R&D et formation professionnelle avec les partenaires de Belden. Les investissements de l'entreprise visent à fournir des câbles à fibre optique et des solutions réseau fabriqués aux États-Unis, soutenant ainsi l'engagement de l'administration Biden à étendre l'accès à internet haut débit abordable et à favoriser la croissance économique.

Die Belden Inc. (NYSE: BDC), ein führender globaler Anbieter von Netzwerk-Infrastruktur-Lösungen, hat am 29. Juli 2024 Dr. Heather Boushey, ein Mitglied des Rates der Wirtschaftsberater des Weißen Hauses, in ihrer PPC Broadband-Einrichtung in East Syracuse, NY, empfangen. Der Besuch hob die bedeutenden Investitionen von Belden in Made in America-Initiativen hervor, die mit dem 42 Milliarden Dollar Broadband Equity, Access, and Deployment (BEAD) Programm des Infrastructure Investment and Jobs Act von 2021 in Einklang stehen.

Dr. Boushey besichtigte die neuen Produktionslinien der Einrichtung und diskutierte Technologie, F&E und Schulungen mit den Partnern von Belden. Die Investitionen des Unternehmens zielen darauf ab, in den USA hergestellte Faseroptikverbindungen und Netzwerk-Lösungen bereitzustellen und die Verpflichtung der Biden-Administration zur Förderung des Zugangs zu erschwinglichem, Hochgeschwindigkeits-Internet und zur Unterstützung des Wirtschaftswachstums zu unterstützen.

Positive
  • Belden's investments align with $42 billion government BEAD Program
  • Company's efforts recognized by high-ranking government officials
  • Expansion of production lines for American-made fiber optic solutions
  • Potential for job creation and economic growth in the broadband sector
Negative
  • None.

Dr. Heather Boushey joins Belden partners to tour Belden’s PPC Broadband facility in East Syracuse, NY, and discuss fiber optic technology, R&D and job training

ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of network infrastructure and digitization solutions, was excited to welcome Dr. Heather Boushey, a member of the White House Council of Economic Advisers and chief economist for President Biden’s Invest in America Cabinet, to its broadband facility in East Syracuse, NY, on July 29, 2024.

Belden hosted Dr. Boushey to share the significant capital investments it has made in its primary broadband solutions location, which operates under the PPC Broadband brand. These investments align with Made in America initiatives, which are part of the 2021 Infrastructure Investment and Jobs Act and its $42 billion allocation to the Broadband Equity, Access, and Deployment (BEAD) Program.

Dr. Boushey joined Belden partners—including regional advocacy groups, manufacturing supply partners and university representatives—to tour the facility’s new production lines and discuss technology, R&D, job training and Belden’s mission to provide American-made fiber optic cabling and network solutions that connect people and foster innovation.

“Officials from across the political spectrum see Belden as a compelling illustration of New York-based innovation that is bringing broadband components and the internet to homes, schools and businesses across the nation and around the globe,” said Vice President and General Manager of Belden’s Broadband Solutions business Cary Mullin.

Dr. Boushey comments, “Since Day One of this Administration, President Biden and Vice President Harris have committed to growing the economy from the middle-out and bottom-up. Access to affordable, reliable, high-speed internet is a cornerstone of the American economy and essential for economic growth. The historic legislation to invest in America – the American Rescue Plan, the Bipartisan Infrastructure Law, the Inflation Reduction Act, and the CHIPS and Science Act – passed by this Administration is helping tap into local innovation like Belden’s to expand the economy’s capacity to produce and create good jobs while lowering costs in communities across the country.”

In addition to Dr. Boushey’s visit, Belden has recently welcomed other high-ranking officials to its broadband facility to share its ongoing commitment to innovation, capital investments and job creation. In February 2024, New York Governor Kathy Hochul visited Belden to announce a multimillion-dollar award to support Syracuse-based growth initiatives. In 2023, Belden leaders joined Senate Majority Leader Chuck Schumer, Senior White House Advisor Mitch Landrieu and Assistant Secretary Alan Davidson from the National Telecommunications and Information Administration (NTIA) to recognize Belden’s investment in broadband innovation.

To learn more about Belden, visit www.belden.com.

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; follow us on Facebook, LinkedIn and X/Twitter.

BDC-Financial

Belden, the Belden logo and PPC Broadband 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.

Mark Banick

Director, Global Marketing, Broadband Solutions

(315) 431-7330

mark.banick@belden.com

Source: Belden Inc.

FAQ

What was the purpose of Dr. Heather Boushey's visit to Belden's facility on July 29, 2024?

Dr. Boushey visited Belden's PPC Broadband facility in East Syracuse, NY to witness the company's significant investments in Made in America initiatives, tour new production lines, and discuss technology, R&D, and job training related to broadband solutions.

How does Belden's (BDC) investment align with government initiatives?

Belden's investments align with the 2021 Infrastructure Investment and Jobs Act's $42 billion allocation to the Broadband Equity, Access, and Deployment (BEAD) Program, supporting the production of American-made fiber optic cabling and network solutions.

What other notable officials have visited Belden's broadband facility recently?

In addition to Dr. Boushey, New York Governor Kathy Hochul visited in February 2024 to announce a multimillion-dollar award. In 2023, Senate Majority Leader Chuck Schumer, Senior White House Advisor Mitch Landrieu, and NTIA Assistant Secretary Alan Davidson also visited the facility.

What is Belden (BDC) focusing on in terms of broadband technology?

Belden is focusing on providing American-made fiber optic cabling and network solutions that connect people and foster innovation, supporting the expansion of affordable, reliable, high-speed internet access across the nation.

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