Andrew N. Liveris
chairman, president & ceo, the dow chemical company
Andrew N. Liveris, Chairman, President & CEO of The Dow Chemical Company, addresses the Boston College Chief Executives’ Club of Boston in the Wharf Room at the Boston Harbor Hotel.
Liveris: Make goods in U.S.
Dow Chemical Co. CEO Andrew Liveris issued a call to action to Hub business and political leaders yesterday, challenging them to keep America's economy strong by retaining U.S. manufacturing jobs.
Clockwise, from bottom right: William Swanson (Chairman & CEO, Raytheon Company), Robert Popeo (Chairman, Mintz Levin), Frank Doyle (President & CEO, Connell Limited Partnership), Patrick Purcell (President, Herald Media Inc.), James Roosevelt (President & CEO, Tufts Health Plan), David Barrett (President & CEO, Lahey Clinic), Eric Rosengren (President & CEO, Federal Reserve Bank of Boston), and Anne Finucane (President, Bank of America, Northeast) listen to Mr. Liveris' remarks.
"Today I believe the American economy is under siege... and the greatest threats to the United States and its world leadership are internal," said Liveris, adding that the manufacturing sector where workers are "making stuff" is crucial to innovation and a strong economy.
Speaking as a Boston College Chief Executives' Club luncheon, Liveris said corporate taxes, government overregulation, high energy prices, an expensive tort system, and costly pension and health-care mandates make it hard for companies to do business in the United States.
Mr. Liveris speaks with the press following the luncheon.
Dow Chemical recently decided to build a plant in Germany because it was more cost-efficient than building it in Texas, he said.
Calling for reform, Liveris, a native Australian, said: "America matters to the world much more than Americans think."
Article by Herald Staff
Thursday, October 18, 2007