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Originally Processed With FOIA(s): FOIA Number: S S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Draft Files Subseries: Chron File, 1989-1993 OA/ID Number: 13611 Folder ID Number: 13611-006 Folder Title: Steeltech 3/16/92 [OA 6099] Stack: Row: Section: Shelf: Position: G 26 17 7 5 STEELTECH \ MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 \ 11:05 A.M. THANK YOU, JAN [CROSBY]. IT'S GOOD TO SEE SOME FRIENDS HERE -- GOVERNOR THOMPSON, SENATOR KASTEN. You KNOW, GOVERNOR THOMPSON IS FOND OF SAYING THERE ARE ONLY TWO SEASONS IN WISCONSIN -- WINTER AND ROAD CONSTRUCTION. I'M HERE TO TELL YOU THERE'S ONLY ONE WEATHER CONDITION IN WASHINGTON -- IT'S A PERMANENT HOT AIR FRONT, STATIONED OVER CAPITOL HILL. 11 - 2 - I'M PROUD TO BE WITH YOU TODAY, AND I WANT THE MEDIA HERE TO CARRY YOUR MESSAGE INTO EACH LIVING ROOM OF THIS NATION -- BECAUSE WE'RE WAGING A BATTLE TODAY IN AMERICA: A BATTLE FOR JOBS AND FOR OUR ECONOMIC FUTURE. AND STEELTECH IS THE KIND OF SUCCESS STORY THAT POINTS THE WAY TO VICTORY. THIS COMPANY HAS RISEN FROM THE RUINS, IN A PART OF TOWN MANY HAD WRITTEN OFF AS HOPELESS. - 3 - IT WAS A DREAM ITS SUPPORTERS REFUSED TO CALL "IMPOSSIBLE" -- A DREAM OF A START-UP, MINORITY-OWNED FIRM THAT RECRUITS ITS WORKERS FROM THE UNSKILLED UNEMPLOYED IN ITS OWN NEIGHBORHOOD. STEELTECH GREW OUT OF EXTRAORDINARY, BI-PARTISAN, PUBLIC-PRIVATE COOPERATION -- COMBINING GOVERNMENT ACTION WITH ECONOMIC INITIATIVE AND THE STRONG SUPPORT OF YOUR COMMUNITY. GOVERNOR THOMPSON ON THE STATE LEVEL. 11 MAYOR NORQUIST ON THE CITY LEVEL. 11 - 4 - JACK KEMP, WHO HELPED YOU WIN A HUD GRANT. 11 PAT SAIKI, WHO QUALIFIED THIS COMPANY AS A SMALL DISADVANTAGED BUSINESS CONCERN. 11 AND I'VE HEARD ABOUT THE PRIVATE SECTOR'S INVOLVEMENT FROM FRED LUBER -- ESPECIALLY ABOUT ROGER PIERCE AND THE GREAT FOLKS OVER AT SUPER STEEL. 11 THIS IS PRECEDENT-SETTING TEAMWORK THAT BROUGHT ABOUT WHAT I'M TOLD IS THE LARGEST MANUFACTURING MINORITY BUSINESS ENTERPRISE IN THIS NATION'S HISTORY. 11 - 5 - BUT ONE OF THE MOST IMPRESSIVE THINGS ABOUT STEELTECH IS ITS VISION FOR ITS WORKERS. DAVID GUERRERO AND JAN CROSBY AND OTHERS GO TO THE HARDEST- HIT PARTS OF THE MINORITY COMMUNITY FOR THEIR RECRUITS. SOME HAVE BEEN IMPRISONED -- SOME ARE LONG-TERM UNEMPLOYED. I LIKE WHAT DAVID SAYS ABOUT THESE NEW BEGINNINGS: "FORGET ABOUT THE PAST. Look TO THE FUTURE." - 6 - AFTER INTENSIVE TRAINING WITH PARTNER SCHOOLS, THESE MEN AND WOMEN BECOME PART OF THE HIGH-QUALITY, SELF-CONFIDENT, DRUG-FREE STEELTECH TEAM. 11 AND WHAT A GREAT TEAM IT IS, WITH PLAYERS LIKE CHESTER GANDY WHO LEARNED To WELD AT 47 -- LARRY HOLLIMAN, WHO WAS HONORED BY MAYOR NORQUIST FOR PERFECT ATTENDANCE -- AND FATHER AND SON WORKERS GILBERT BUENROSTRO II AND III, STARTING A TRADITION. 11 - 7 - THEY'RE ALL PART OF THE STEELTECH TEAM THAT LAST YEAR PRODUCED $1.8 MILLION IN SALES -- AND THAT THIS YEAR EXPECTS TO TOP $10 MILLION. REMARKABLE -- AND IT'S NOT EVEN YOUR SECOND ANNIVERSARY YET. 11 SOON, YOU'LL MOVE INTO YOUR NEW STATE-OF-THE-ART PLANT WITH THE LARGEST AUTOMATED E-COAT PAINTING LINE IN THE UNITED STATES. - 8 - AND THERE YOU'LL HELP CONTRIBUTE TO OUR NATIONAL DEFENSE -- WORKING WITH GENE GOODSON OF OSHKOSH MAKING HIGH-QUALITY STEEL COMPONENTS FOR THE PLS, THE NEW MILITARY CARGO TRUCK. WE'RE PROUD TO HAVE YOU WORKING FOR AMERICA UNDER A FEDERAL GOVERNMENT CONTRACT -- AND I'M PROUD TO BE HERE TODAY TO SALUTE YOU ALL. III You SHOULD KNOW -- I'M FIGHTING FOR A BETTER ECONOMIC CLIMATE FOR YOU AND MILLIONS OF AMERICANS LIKE YOU. B 9 - YOU'VE HEARD ME TALK ABOUT THE ECONOMIC GROWTH PLAN I ASKED CONGRESS TO PASS BY MARCH 20 -- THAT'S THIS FRIDAY. MY PLAN OFFERS NEW INCENTIVES TO GET THIS ECONOMY MOVING -- INCENTIVES LIKE OUR INVESTMENT TAX ALLOWANCE THAT WILL HELP DYNAMIC COMPANIES LIKE YOURS To EXPAND. IT'S CRITICAL TO GET CONGRESSIONAL APPROVAL IMMEDIATELY. III - 10 - I'D LIKE TO TALK WITH YOU TODAY ABOUT ANOTHER BATTLE FOR THE HEALTH OF THE ECONOMY -- THE STRUGGLE AGAINST EXCESSIVE REGULATION. AMERICAN WORKERS HAVE SHOWN TO FOREIGN COMPETITORS THAT, GIVEN A LEVEL PLAYING FIELD, WE CAN OUT-THINK, OUT-PERFORM AND OUT-PRODUCE ANYONE, ANYTIME, ANYPLACE. - 11 - WELL, A LEVEL PLAYING FIELD OUTSIDE THE UNITED STATES IS ALL WELL AND GOOD, BUT YOU'LL NEVER REACH IT IF YOU HAVE TO RUN YOURSELVES TO EXHAUSTION RIGHT HERE AT HOME ON A TREADMILL OF OVERZEALOUS REGULATION. 11 IN MY STATE OF THE UNION MESSAGE, I INSTITUTED A 90-DAY FREEZE ON PROPOSED AND EXISTING FEDERAL REGULATIONS THAT COULD HINDER ECONOMIC GROWTH. Now WE'RE SPEEDING UP RULES THAT HELP GROWTH -- AND HALTING RULES THAT WOULD HARM THE ECONOMY. - 12 - OVER-REGULATION HERE IN THE UNITED STATES CAN GIVE FOREIGN CORPORATIONS AN ADVANTAGE OVER AMERICAN FIRMS. IT ALSO CAN DRIVE U.S. BUSINESSES TO MOVE FACTORIES AND JOBS OVERSEAS. LET ME ASSURE YOU: I WILL ROLL BACK THE TIDE OF OVER-REGULATION. III DURING AND AFTER THE 90-DAY FREEZE, MY ADMINISTRATION WILL DO EVERYTHING IT CAN UNDER EXISTING LAWS TO ROLL BACK THIS TIDE. I'LL ALSO INTRODUCE REFORM LEGISLATION. - 13 - AND I'LL FIGHT CONGRESSIONAL LIBERALS WHO TRY TO IMPOSE NEW AND UNREASONABLE REGULATORY BURDENS ON AMERICANS' LIVELIHOOD. IF CONGRESS SENDS ME ANY LEGISLATION WITH EXCESSIVE REGULATION IN IT, I'LL VETO IT AS SOON AS IT HITS MY DESK. 11 THAT'S MY GUARANTEE TO YOU -- AND TO THE SUCCESS OF STEELTECH'S FUTURE. III - 14 - I'M TREMENDOUSLY IMPRESSED BY YOU, AND AS I TRAVEL ACROSS THIS COUNTRY I'LL TAKE YOUR STORY WITH ME -- I'LL TELL OTHER AMERICANS ABOUT A PLACE WHERE PEOPLE STILL BELIEVE IN HOPE -- WHERE THEY WORK TOGETHER FOR THEIR NEIGHBORS -- AND WHERE THEY SUCCEED. I'LL TELL THE STORY OF STEELTECH AND I'LL END BY SAYING -- THESE MEN AND WOMEN PROVE THAT THE AMERICAN DREAM CAN STILL COME TRUE. III - 15 - THANK YOU FOR SHOWING ME THAT -- THANK YOU FOR SHARING IT WITH YOUR NATION. MAY GOD BLESS YOU ALL. # # # Document No. 315011 WHITE HOUSE STAFFING MEMORANDUM 03/13/92 DATE: ACTION/CONCURRENCE/COMMENT DUE BY: SUBJECT: PRESIDENTIAL REMARKS: STEELTECH, MILWAUKEE, WI, March 16th (03/13 2:00 p.m. draft three) ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER FINDLAY GRAY KAUFMAN HOLIDAY McGROARTY PORTER ROSE REMARKS: The attached has been forwarded to the President. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 THE WHITE HOUSE WASHINGTON 32 MAR 13 P2: 27 March 13, 1992 MEMORANDUM TO THE PRESIDENT THROUGH: DAVID DEMAREST FROM: BETH HINCHLIFFE BH SUBJECT: REMARKS AT STEELTECH On Monday, March 16, you will address an audience of about 200 people at Steeltech, in Milwaukee, Wisconsin. Governor Thompson and Senator Kasten will be among those in attendance. Your remarks (7 minutes, cards) begin by saluting the unique accomplishments of Steeltech -- highlighting the company's contribution to its inner-city, minority neighborhood. After a discussion of issues related to the economy, particularly your ideas on regulation, the remarks conclude with a final tribute to the people of Steeltech. (Hinchliffe/Nix) March 13, 1992 2 p.m. STEEL Draft Three PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. And Steeltech is the kind of success story that points the way to victory. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible" -- a dream of a start-up, minority- owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation -- combining government action with economic initiative and the strong support of your community. Governor Thompson on the state level. Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvantaged Business Concern. And I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought 2 about what I'm told is the largest manufacturing Minority Business Enterprise in this nation's history. But one of the most impressive things about Steeltech is its vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. III You should know: I'm fighting for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20 -- 3 that's this Friday. My plan offers new incentives to get this economy moving -- incentives like our investment tax allowance that will help dynamic companies like yours to expand. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and fuel efficiency. It's very simple. We will allow companies or states to provide cash incentives to get older cars retired earlier -- sending these heavy polluters and gas guzzlers off to the junkyards. We'll all breathe easier over that. That will help these companies or communities meet the tough requirements of our clean air law. But think how this might also help the auto industry -- in a chain reaction, the number of new- car sales could rise. These are the kind of innovative ideas we're going to keep introducing to bolster our economy and clean up the environment at the same time. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day 4 freeze on proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # Document No. 3150llss WHITE HOUSE STAFFING MEMORANDUM 92 MAR 13 All: 07 DATE: 3/13/92 ACTION/CONCURRENCE/COMMENT DUE BY: TODAY, 3/13/92 1:00 pm PRESIDENTIAL REMARKS: STEELTECH SUBJECT: MILWAUKEE, WISCONSIN - 3/16/92 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE NK SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS Mc DEMAREST SMITH YEUTTER FITZWATER GRAY 3896 Lundt FINDLAY HOLIDAY KAUFMAN MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm. 122, x2930, no later than 1:00 p.m., TODAY, FRIDAY, MARCH 13, with a copy to this office. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One 02 MAR 13 A 9 : 4° PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry (NS) your message into each living room of this nation parenting meaningful (NS) the story of how houre No employment opportunities and the hope of ecomic because we're waging a battle today in America: a battle for jobs advancement and for our economic future. Steeltech is the kind of success (NS) to vietory story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvan- taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 (NS) But one of the most impressive things about Steeltech is its You've succeeded by combining government action with economi initiative and the strong support of your community. 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're (calio) how proud to have you working for America under a federal government tell themps contract Investy credit. and I'm proud to be here today to salute you all. III You should know: I'm working for a better economic climate (NS) fighting planness. for you and millions like you. You've heard me talk about the Expons economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's incentives Whe am I.V. Allowance that 3 going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner (OMB) We allow companies or states to provide air and jobs. It's very simple. ^ Cash incentives will to help us commities get older cars retired earlier -- sending these heavy polluters CAMBERY That will help these companies or (local areas meet the tough requirementsof our cledn off to the junkyards. 1 We'll all breathe easier over that. But air law. in a chain reaction, think how this will also help the auto industry the number of new-car sales will rise. These are the kind of innovative ideas and clean upthe we're going to keep introducing to bolster up our economy MA environment at same time. But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. (Labor) In my State of the Union Message, I instituted a 90-day review (Lund freeze on all proposed and existing federal regulations that document could affect hinder economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # THE WHITE HOUSE WASHINGTON March 13, 1992 MEMORANDUM TO THE PRESIDENT THROUGH: DAVID DEMAREST FROM: BETH HINCHLIFFE BH SUBJECT: REMARKS AT STEELTECH On Monday, March 16, you will address an audience of about 200 people at Steeltech, in Milwaukee, Wisconsin. Governor Thompson and Senator Kasten will be among those in attendance. Your remarks (7 minutes, cards) begin by saluting the unique accomplishments of Steeltech -- highlighting the company's contribution to its inner-city, minority neighborhood. After a discussion of issues related to the economy, particularly your ideas on regulation, the remarks conclude with a final tribute to the people of Steeltech. (Hinchliffe/Nix) March 13, 1992 2 p.m. STEEL Draft Three PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. And Steeltech is the kind of success story that points the way to victory. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible" -- a dream of a start-up, minority- owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation -- combining government action with economic initiative and the strong support of your community. Governor Thompson on the state level. Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvantaged Business Concern. And I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought 2 about what I'm told is the largest manufacturing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. III You should know: I'm fighting for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20 -- 3 that's this Friday. My plan offers new incentives to get this economy moving -- incentives like our investment tax allowance that will help dynamic companies like yours to expand. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and fuel efficiency. It's very simple. We will allow companies or states to provide cash incentives to get older cars retired earlier -- sending these heavy polluters and gas guzzlers off to the junkyards. We'll all breathe easier over that. That will help these companies or communities meet the tough requirements of our clean air law. But think how this might also help the auto industry -- in a chain reaction, the number of new- car sales could rise. These are the kind of innovative ideas we're going to keep introducing to bolster our economy and clean up the environment at the same time. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day 4 freeze on proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-requlation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # THE WHITE HOUSE WASHINGTON March 13, 1992 MEMORANDUM TO THE PRESIDENT THROUGH: DAVID DEMAREST FROM: BETH HINCHLIFFE BH SUBJECT: REMARKS AT STEELTECH On Monday, March 16, you will address an audience of about 200 people at Steeltech, in Milwaukee, Wisconsin. Governor Thompson and Senator Kasten will be among those in attendance. Your remarks (7 minutes, cards) begin by saluting the unique accomplishments of Steeltech -- highlighting the company's contribution to its inner-city, minority neighborhood. After a discussion of issues related to the economy, particularly your ideas on regulation, the remarks conclude with a final tribute to the people of Steeltech. (Hinchliffe/Nix) March 13, 1992 2 p.m. STEEL Draft Three PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. And Steeltech is the kind of success story that points the way to victory. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible" -- a dream of a start-up, minority- owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation -- combining government action with economic initiative and the strong support of your community. Governor Thompson on the state level. Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvantaged Business Concern. And I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over. at Super Steel. This is precedent-setting teamwork that brought 2 about what I'm told is the largest manufacturing Minority Business Enterprise in this nation's history. But one of the most impressive things about Steeltech is its vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. 111 You should know: I'm fighting for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20 -- 3 that's this Friday. My plan offers new incentives to get this economy moving -- incentives like our investment tax allowance that will help dynamic companies like yours to expand. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and fuel efficiency. It's very simple. We will allow companies or states to provide cash incentives to get older cars retired earlier -- sending these heavy polluters and gas guzzlers off to the junkyards. We'll all breathe easier over that. That will help these companies or communities meet the tough requirements of our clean air law. But think how this might also help the auto industry -- in a chain reaction, the number of new- car sales could rise. These are the kind of innovative ideas we're going to keep introducing to bolster our economy and clean up the environment at the same time. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day 4 freeze on proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # nume FACSIMILE TRANSMITTAL SHEET NUMBER OF PAGES INCLUDING COVER 2 DATE 13 Mar 92 TO cam Fimdlay FAX NUMBER 456-1121 COMMENTS FROM G. Gershowitz * DEPARTMENT OF COMMUNICATIONS * OFFICE NUMBER 456-7750 You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country cleaner air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will Might also help the auto industry -- the number of COOLD new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. 11 Is the underlined sentence appropriate? GG -dangerose to say will have more jous and car sales say -cleana air and fuel efficiency say - heavy polluters and gas gugglers say - it might also help the auto industry. say - new can sales could sise. Document No. 315011ss WHITE HOUSE STAFFING MEMORANDUM 92 MAR 13 P12: 11 DATE: 3/13/92 ACTION/CONCURRENCE/COMMENT DUE BY: TODAY, 3/13/92 1:00pm PRESIDENTIAL REMARKS: STEELTECH SUBJECT: MILWAUKEE, WISCONSIN - 3/16/92 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH FITZWATER YEUTTER GRAY FINDLAY HOLIDAY KAUFMAN MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm. 122, x2930, no later than 1:00 p.m., TODAY, FRIDAY, MARCH 13, with a copy to this office. Thank you. RESPONSE: Please comments. see Thank you. PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One 02 MAR 13 A 9 : PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here the story re of to tell you there's only one weather condition in Washington -- you it's a permanent hot air front, stationed over Capitol Hill. how creati mean That I'm proud to be with you today, and I want the media here to opportune localities carry your message into each living room of this nation the because we're waging a battle today in America: a battle for jobs of cconomic and for our economic future. Steeltech is the kind of success advancement. story that points the way forward. This company has risen from TO victory the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD succedy Combining You've Succeeded by grant. Pat Saiki, who qualified this company as a Small Disadvan- taged Business Concern. I've heard about the private sector's action from Fred Luber, especially about Roger Pierce and the strong your community and support of the great folks over at Super Steel. This is precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. III You should know: I'm working Fighting for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's 3 going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # SENT BY:The TICKET CENTER ; 3-13-92 ; 12:07 ; LEGISLATIVE AFFAIRS- 6218;# 6 Document No. 315011ss 92 MAR WHITE HOUSE STAFFING MEMORANDUM DATE: 3/13/92 ACTION/CONCURRENCE/COMMENT DUE BY: TODAY, 3/13/92 1:00 pm PRESIDENTIAL REMARKS: STEELTECH SUBJECT: MILWAUKEE, WISCONSIN - 3/16/92 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER FINDLAY GRAY HOLIDAY KAUFMAN MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm. 122, x2930, no later than 1:00 p.m., TODAY, FRIDAY, MARCH 13, with a copy to this office. Thank you. RESPONSE: 9.3 - CASH for Clum tess is A TOTAL NON Seguiter - CAN'T we find The Right Audievee for This ??? - PHILLIP D. BRADY Assistant to the President P92 - Tell This successful covern and Staff Secretary Ext. 2702 SENT BY:The TICKET CENTER ; 3-13-92 ; 12:07 ; LEGISLATIVE AFFAIRS- 6218:# 7 (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One 02 MAR 13 A9: 40 PRESIDENTIAL REMARKS: STEELTICE MILWAUKEE, WISCONSIN MONDAY, MARCE 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington --- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation - because we're waging a battle today in America: a battle for jobs and for our economic future. Steeltech is the kind of success story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooparation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as at Small Disadvan- taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is pregedent-settipg teanwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its SENT BY:The TICKET CENTER ; 3-13-92 ; 12:08 ; LEGISLATIVE AFFAIRS- 6218;# 8 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what at great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- may working with Gene Goodson of Oshkosh making high-quality steel them components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government They contract -- and I'm proud to be here today to salute you all. 111 QV You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Explas Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's CENTER 3-13-92 ; 12:09 ; LEGISLATIVE AFFAIRS- 6218;# 9 3 going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run vourselves to exhaustion right here at home OD a treadmill of overwealows regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth - and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and SENT By:ine TICKET CENTER 3-13-92 ; 12:09 ; LEGISLATIVE AFFAIRS- 6218:#10 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as SCOR as it hits MY desk. That's my guarantee to you - and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # EXECUTIVE OFFICE OF THE PRESIDENT STATE OFFICE OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D.C. 20503 92 MAR 13 P12: 50 MAR 1 2 1992 NOTICE: Enclosed are comments from staff members of the Office of Management and Budget (OMB). Such comments do not necessarily represent the official position of the Director of OMB or of the Office of Management and Budget. If you wish to have the Director's personal comments, please let me know -- and contact me if you have any questions. If our proposed substantive changes are not made, please let us know before the material is prepared in final. James C. Murr Associate Director for Legislative Reference and Administration Document No. 3150llss WHITE HOUSE STAFFING MEMORANDUM DATE: 3/13/92 ACTION/CONCURRENCE/COMMENT DUE BY: TODAY, 3/13/92 1:00 pm PRESIDENTIAL REMARKS: STEELTECH SUBJECT: MILWAUKEE, WISCONSIN 3/16/92 ACTION FYI ACTION FYI VICE PRESIDENT HORNER SKINNER MCBRIDE SCOWCROFT MOORE DARMAN PETERSMEYER BRADY PORTER BROMLEY ROGICH CALIO ROLLINS DEMAREST SMITH YEUTTER FITZWATER GRAY FINDLAY HOLIDAY KAUFMAN MCGROARTY REMARKS: Please forward your comments directly to Dan McGroarty, Rm. 122, x2930, no later than 1:00 p.m., TODAY, FRIDAY, MARCH 13, with a copy to this office. Thank you. RESPONSE: See Comments Hale will comment These are important an our PHILLIP D. BRADY for accuracy! Assistant to the President and Staff Secretary Ext. 2702 (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One 02 MAR 13 A9:46 PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. Steeltech is the kind of success story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvan- taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. 111 You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's We allow AMM companies That will help these or states 3 to provide companies meet the tough equinment of or local avens going to be called a "cash for clunker" proposal, but let me tell OUR you what it's really going to mean for this country -- cleaner to clean air and jobs. It's very simple. Cash incentives will help us an get older cars retired earlier -- sending these heavy polluters Taw, off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy 11 and clean up the cower onnest at the Same time. But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive in a regulation. American workers have shown to foreign competitors chain paction that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right brady here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that 4844 could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # jinnifer Memorandum for Speechwriting Staff From: Dan McGroarty Regarding: Steeltect Please return your comments to Room 122 by: 12noon Today's Date: MAR I 3 1992 only (Hinchliffe/Nix) March 13, 1992 9 a.m. its FYI: We use on almost identical joke in the Milwankee BIQ Fundraiser STEEL Draft One PRESIDENTIAL REMARKS: STEELTECH said, MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. up. you didn't you You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here day to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. I'm proud to be with you today, and I want the media here to ap carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs said and for our economic future. Steeltech is the kind of success "Some story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. line morning. or Some said don't set your hopes you concentrated in your sales instead. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvan- space taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the the great folks over at Super Steel. This is^precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like space Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers might need phonetics Gilbert Buenrostro II and III. They're part of the team that last sp. year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with how need all the largest automated E-coat painting line in the United States. if this. don't you you o did And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel more in on intir in components for the PLS, the new military cargo truck. We're level pre ceedy the proud to have you working for America under a federal government dat chese contract -- and I'm proud to be here today to salute you all. You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's POTUS? 3 Barbara or Demo wanted to use programt to their in going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner Jolu about how air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 here sitively unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in the minute it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # Carol cha Memorandum for Speechwriting Staff From: Dan McGroarty Regarding: Steeltech Please return your comments to Room 122 by: 12 noon Today's Date: MAR 13 1992 Good Michele research! (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. Steeltech is the kind of success story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvan- taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. III You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's 3 going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # any examples of this how any anymping helpch? their reg. regrowth? (Hinchliffe/Nix) March 13, 1992 9 a.m. STEEL Draft One PRESIDENTIAL REMARKS: STEELTECH MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. Steeltech is the kind of success story that points the way forward. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible": a dream of a start-up, minority-owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation: Gov. Thompson on the state level -- Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvan- taged Business Concern. I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over at Super Steel. This is precedent-setting teamwork that brought about what I'm told is the largest manufac- turing Minority Business Enterprise in this nation's history. 11 But one of the most impressive things about Steeltech is its 2 vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. 111 You should know: I'm working for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20: this Friday. My plan offers new incentives to get this economy moving. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's 3 going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and jobs. It's very simple. Cash incentives will help us get older cars retired earlier -- sending these heavy polluters off to the junkyards. We'll all breathe easier over that. But think how this will also help the auto industry -- the number of new-car sales will rise. These are the kind of innovative ideas we're going to keep introducing to bolster up our economy. 11 But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of overzealous regulation. In my State of the Union Message, I instituted a 90-day freeze on all proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and 4 unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. # # # # # STEELTECH \ MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 \ 11:05 A.M. THANK YOU, JAN [CROSBY]. IT'S GOOD TO SEE SOME FRIENDS HERE -- GOVERNOR THOMPSON, SENATOR KASTEN. You KNOW, GOVERNOR THOMPSON IS FOND OF SAYING THERE ARE ONLY TWO SEASONS IN WISCONSIN -- WINTER AND ROAD CONSTRUCTION. I'M HERE TO TELL YOU THERE'S ONLY ONE WEATHER CONDITION IN WASHINGTON -- IT'S A PERMANENT HOT AIR FRONT, STATIONED OVER CAPITOL HILL. 11 - 2 - I'M PROUD TO BE WITH YOU TODAY, AND I WANT THE MEDIA HERE TO CARRY YOUR MESSAGE INTO EACH LIVING ROOM OF THIS NATION -- BECAUSE WE'RE WAGING A BATTLE TODAY IN AMERICA: A BATTLE FOR JOBS AND FOR OUR ECONOMIC FUTURE. AND STEELTECH IS THE KIND OF SUCCESS STORY THAT POINTS THE WAY TO VICTORY. THIS COMPANY HAS RISEN FROM THE RUINS, IN A PART OF TOWN MANY HAD WRITTEN OFF AS HOPELESS. - 3 - IT WAS A DREAM ITS SUPPORTERS REFUSED TO CALL "IMPOSSIBLE" -- A DREAM OF A START-UP, MINORITY-OWNED FIRM THAT RECRUITS ITS WORKERS FROM THE UNSKILLED UNEMPLOYED IN ITS OWN NEIGHBORHOOD. STEELTECH GREW OUT OF EXTRAORDINARY, BI-PARTISAN, PUBLIC-PRIVATE COOPERATION -- COMBINING GOVERNMENT ACTION WITH ECONOMIC INITIATIVE AND THE STRONG SUPPORT OF YOUR COMMUNITY. GOVERNOR THOMPSON ON THE STATE LEVEL. 11 MAYOR NORQUIST ON THE CITY LEVEL. 11 - 4 - JACK KEMP, WHO HELPED YOU WIN A HUD GRANT. 11 PAT SAIKI, WHO QUALIFIED THIS COMPANY AS A SMALL DISADVANTAGED BUSINESS CONCERN. 11 AND I'VE HEARD ABOUT THE PRIVATE SECTOR'S INVOLVEMENT FROM FRED LUBER -- ESPECIALLY ABOUT ROGER PIERCE AND THE GREAT FOLKS OVER AT SUPER STEEL. 11 THIS IS PRECEDENT-SETTING TEAMWORK THAT BROUGHT ABOUT WHAT I'M TOLD IS THE LARGEST MANUFACTURING MINORITY BUSINESS ENTERPRISE IN THIS NATION'S HISTORY. 11 - 5 - BUT ONE OF THE MOST IMPRESSIVE THINGS ABOUT STEELTECH IS ITS VISION FOR ITS WORKERS. DAVID GUERRERO AND JAN CROSBY AND OTHERS GO TO THE HARDEST- HIT PARTS OF THE MINORITY COMMUNITY FOR THEIR RECRUITS. SOME HAVE BEEN IMPRISONED -- SOME ARE LONG-TERM UNEMPLOYED. I LIKE WHAT DAVID SAYS ABOUT THESE NEW BEGINNINGS: "FORGET ABOUT THE PAST. LOOK TO THE FUTURE." - 6 - AFTER INTENSIVE TRAINING WITH PARTNER SCHOOLS, THESE MEN AND WOMEN BECOME PART OF THE HIGH-QUALITY, SELF-CONFIDENT, DRUG-FREE STEELTECH TEAM. 11 AND WHAT A GREAT TEAM IT IS, WITH PLAYERS LIKE CHESTER GANDY WHO LEARNED TO WELD AT 47 -- LARRY HOLLIMAN, WHO WAS HONORED BY MAYOR NORQUIST FOR PERFECT ATTENDANCE -- AND FATHER AND SON WORKERS GILBERT BUENROSTRO II AND III, STARTING A TRADITION. 11 - 7 - THEY'RE ALL PART OF THE STEELTECH TEAM THAT LAST YEAR PRODUCED $1.8 MILLION IN SALES -- AND THAT THIS YEAR EXPECTS TO TOP $10 MILLION. REMARKABLE -- AND IT'S NOT EVEN YOUR SECOND ANNIVERSARY YET. 11 SOON, YOU'LL MOVE INTO YOUR NEW STATE-OF-THE-ART PLANT WITH THE LARGEST AUTOMATED E-COAT PAINTING LINE IN THE UNITED STATES. - 8 - AND THERE YOU'LL HELP CONTRIBUTE TO OUR NATIONAL DEFENSE -- WORKING WITH GENE GOODSON OF OSHKOSH MAKING HIGH-QUALITY STEEL COMPONENTS FOR THE PLS, THE NEW MILITARY CARGO TRUCK. WE'RE PROUD TO HAVE YOU WORKING FOR AMERICA UNDER A FEDERAL GOVERNMENT CONTRACT -- AND I'M PROUD TO BE HERE TODAY TO SALUTE YOU ALL. 111 You SHOULD KNOW -- I'M FIGHTING FOR A BETTER ECONOMIC CLIMATE FOR YOU AND MILLIONS OF AMERICANS LIKE YOU. - 9 - YOU'VE HEARD ME TALK ABOUT THE ECONOMIC GROWTH PLAN I ASKED CONGRESS TO PASS BY MARCH 20 -- THAT'S THIS FRIDAY. MY PLAN OFFERS NEW INCENTIVES TO GET THIS ECONOMY MOVING -- INCENTIVES LIKE OUR INVESTMENT TAX ALLOWANCE THAT WILL HELP DYNAMIC COMPANIES LIKE YOURS TO EXPAND. IT'S CRITICAL TO GET CONGRESSIONAL APPROVAL IMMEDIATELY. 111 - 10 - I'D LIKE TO TALK WITH YOU TODAY ABOUT ANOTHER BATTLE FOR THE HEALTH OF THE ECONOMY -- THE STRUGGLE AGAINST EXCESSIVE REGULATION. AMERICAN WORKERS HAVE SHOWN TO FOREIGN COMPETITORS THAT, GIVEN A LEVEL PLAYING FIELD, WE CAN OUT-THINK, OUT-PERFORM AND OUT-PRODUCE ANYONE, ANYTIME, ANYPLACE. - 11 - WELL, A LEVEL PLAYING FIELD OUTSIDE THE UNITED STATES IS ALL WELL AND GOOD, BUT YOU'LL NEVER REACH IT IF YOU HAVE TO RUN YOURSELVES TO EXHAUSTION RIGHT HERE AT HOME ON A TREADMILL OF OVERZEALOUS REGULATION. 11 IN MY STATE OF THE UNION MESSAGE, I INSTITUTED A 90-DAY FREEZE ON PROPOSED AND EXISTING FEDERAL REGULATIONS THAT COULD HINDER ECONOMIC GROWTH. Now WE'RE SPEEDING UP RULES THAT HELP GROWTH -- AND HALTING RULES THAT WOULD HARM THE ECONOMY. - 12 - OVER-REGULATION HERE IN THE UNITED STATES CAN GIVE FOREIGN CORPORATIONS AN ADVANTAGE OVER AMERICAN FIRMS. IT ALSO CAN DRIVE U.S. BUSINESSES TO MOVE FACTORIES AND JOBS OVERSEAS. LET ME ASSURE YOU: I WILL ROLL BACK THE TIDE OF OVER-REGULATION. III DURING AND AFTER THE 90-DAY FREEZE, MY ADMINISTRATION WILL DO EVERYTHING IT CAN UNDER EXISTING LAWS TO ROLL BACK THIS TIDE. I'LL ALSO INTRODUCE REFORM LEGISLATION. - 13 - AND I'LL FIGHT CONGRESSIONAL LIBERALS WHO TRY TO IMPOSE NEW AND UNREASONABLE REGULATORY BURDENS ON AMERICANS' LIVELIHOOD. IF CONGRESS SENDS ME ANY LEGISLATION WITH EXCESSIVE REGULATION IN IT, I'LL VETO IT AS SOON AS IT HITS MY DESK. 11 THAT'S MY GUARANTEE TO YOU -- AND TO THE SUCCESS OF STEELTECH'S FUTURE. III - 14 - I'M TREMENDOUSLY IMPRESSED BY YOU, AND AS I TRAVEL ACROSS THIS COUNTRY I'LL TAKE YOUR STORY WITH ME -- I'LL TELL OTHER AMERICANS ABOUT A PLACE WHERE PEOPLE STILL BELIEVE IN HOPE -- WHERE THEY WORK TOGETHER FOR THEIR NEIGHBORS -- AND WHERE THEY SUCCEED. I'LL TELL THE STORY OF STEELTECH AND I'LL END BY SAYING -- THESE MEN AND WOMEN PROVE THAT THE AMERICAN DREAM CAN STILL COME TRUE. III - 15 - THANK YOU FOR SHOWING ME THAT -- THANK YOU FOR SHARING IT WITH YOUR NATION. MAY GOD BLESS YOU ALL. # # # STEELTECH \ MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 \ 11:05 A.M. THANK YOU, JAN [CROSBY]. It's GOOD To SEE SOME FRIENDS HERE -- GOVERNOR THOMPSON, SENATOR KASTEN. You KNOW, GOVERNOR THOMPSON IS FOND OF SAYING THERE ARE ONLY TWO SEASONS IN WISCONSIN -- WINTER AND ROAD CONSTRUCTION. I'M HERE TO TELL YOU THERE'S ONLY ONE WEATHER CONDITION IN WASHINGTON -- IT'S A PERMANENT HOT AIR FRONT, STATIONED OVER CAPITOL HILL. 11 - 2 - I'M PROUD TO BE WITH YOU TODAY, AND I WANT THE MEDIA HERE TO CARRY YOUR MESSAGE INTO EACH LIVING ROOM OF THIS NATION -- BECAUSE WE'RE WAGING A BATTLE TODAY IN AMERICA: A BATTLE FOR JOBS AND FOR OUR ECONOMIC FUTURE. AND STEELTECH IS THE KIND OF SUCCESS STORY THAT POINTS THE WAY TO VICTORY. THIS COMPANY HAS RISEN FROM THE RUINS, IN A PART OF TOWN MANY HAD WRITTEN OFF AS HOPELESS. - 3 - IT WAS A DREAM ITS SUPPORTERS REFUSED TO CALL "IMPOSSIBLE" -- A DREAM OF A START-UP, MINORITY-OWNED FIRM THAT RECRUITS ITS WORKERS FROM THE UNSKILLED UNEMPLOYED IN ITS OWN NEIGHBORHOOD. STEELTECH GREW OUT OF EXTRAORDINARY, BI-PARTISAN, PUBLIC-PRIVATE COOPERATION -- COMBINING GOVERNMENT ACTION WITH ECONOMIC INITIATIVE AND THE STRONG SUPPORT OF YOUR COMMUNITY. GOVERNOR THOMPSON ON THE STATE LEVEL. 11 MAYOR NORQUIST ON THE CITY LEVEL. 11 - 4 - JACK KEMP, WHO HELPED YOU WIN A HUD GRANT. 11 PAT SAIKI, WHO QUALIFIED THIS COMPANY AS A SMALL DISADVANTAGED BUSINESS CONCERN. 11 AND I'VE HEARD ABOUT THE PRIVATE SECTOR'S INVOLVEMENT FROM FRED LUBER -- ESPECIALLY ABOUT ROGER PIERCE AND THE GREAT FOLKS OVER AT SUPER STEEL. 11 THIS IS PRECEDENT-SETTING TEAMWORK THAT BROUGHT ABOUT WHAT I'M TOLD IS THE LARGEST MANUFACTURING MINORITY BUSINESS ENTERPRISE IN THIS NATION'S HISTORY. 11 - 5 - BUT ONE OF THE MOST IMPRESSIVE THINGS ABOUT STEELTECH IS ITS VISION FOR ITS WORKERS. DAVID GUERRERO AND JAN CROSBY AND OTHERS GO TO THE HARDEST- HIT PARTS OF THE MINORITY COMMUNITY FOR THEIR RECRUITS. SOME HAVE BEEN IMPRISONED -- SOME ARE LONG-TERM UNEMPLOYED. I LIKE WHAT DAVID SAYS ABOUT THESE NEW BEGINNINGS: "FORGET ABOUT THE PAST. LOOK TO THE FUTURE." - 6 - AFTER INTENSIVE TRAINING WITH PARTNER SCHOOLS, THESE MEN AND WOMEN BECOME PART OF THE HIGH-QUALITY, SELF-CONFIDENT, DRUG-FREE STEELTECH TEAM. 11 AND WHAT A GREAT TEAM IT IS, WITH PLAYERS LIKE CHESTER GANDY WHO LEARNED TO WELD AT 47 -- LARRY HOLLIMAN, WHO WAS HONORED BY MAYOR NORQUIST FOR PERFECT ATTENDANCE -- AND FATHER AND SON WORKERS GILBERT BUENROSTRO II AND III, STARTING A TRADITION. 11 - 7 - THEY'RE ALL PART OF THE STEELTECH TEAM THAT LAST YEAR PRODUCED $1.8 MILLION IN SALES -- AND THAT THIS YEAR EXPECTS TO TOP $10 MILLION. REMARKABLE -- AND IT'S NOT EVEN YOUR SECOND ANNIVERSARY YET. 11 SOON, YOU'LL MOVE INTO YOUR NEW STATE-OF-THE-ART PLANT WITH THE LARGEST AUTOMATED E-COAT PAINTING LINE IN THE UNITED STATES. - 8 - AND THERE YOU'LL HELP CONTRIBUTE TO OUR NATIONAL DEFENSE -- WORKING WITH GENE GOODSON OF OSHKOSH MAKING HIGH-QUALITY STEEL COMPONENTS FOR THE PLS, THE NEW MILITARY CARGO TRUCK. WE'RE PROUD TO HAVE YOU WORKING FOR AMERICA UNDER A FEDERAL GOVERNMENT CONTRACT -- AND I'M PROUD TO BE HERE TODAY TO SALUTE YOU ALL. 111 You SHOULD KNOW -- I'M FIGHTING FOR A BETTER ECONOMIC CLIMATE FOR YOU AND MILLIONS OF AMERICANS LIKE YOU. - 9 - You've HEARD ME TALK ABOUT THE ECONOMIC GROWTH PLAN I ASKED CONGRESS TO PASS BY MARCH 20 -- THAT'S THIS FRIDAY. MY PLAN OFFERS NEW INCENTIVES TO GET THIS ECONOMY MOVING -- INCENTIVES LIKE OUR INVESTMENT TAX ALLOWANCE THAT WILL HELP DYNAMIC COMPANIES LIKE YOURS TO EXPAND. IT'S CRITICAL TO GET CONGRESSIONAL APPROVAL IMMEDIATELY. III - 10 - I'D LIKE TO TALK WITH YOU TODAY ABOUT ANOTHER BATTLE FOR THE HEALTH OF THE ECONOMY -- THE STRUGGLE AGAINST EXCESSIVE REGULATION. AMERICAN WORKERS HAVE SHOWN TO FOREIGN COMPETITORS THAT, GIVEN A LEVEL PLAYING FIELD, WE CAN OUT-THINK, OUT-PERFORM AND OUT-PRODUCE ANYONE, ANYTIME, ANYPLACE. - 11 - WELL, A LEVEL PLAYING FIELD OUTSIDE THE UNITED STATES IS ALL WELL AND GOOD, BUT YOU'LL NEVER REACH IT IF YOU HAVE TO RUN YOURSELVES TO EXHAUSTION RIGHT HERE AT HOME ON A TREADMILL OF OVERZEALOUS REGULATION. 11 IN MY STATE OF THE UNION MESSAGE, I INSTITUTED A 90-DAY FREEZE ON PROPOSED AND EXISTING FEDERAL REGULATIONS THAT COULD HINDER ECONOMIC GROWTH. Now WE'RE SPEEDING UP RULES THAT HELP GROWTH -- AND HALTING RULES THAT WOULD HARM THE ECONOMY. - 12 - OVER-REGULATION HERE IN THE UNITED STATES CAN GIVE FOREIGN CORPORATIONS AN ADVANTAGE OVER AMERICAN FIRMS. IT ALSO CAN DRIVE U.S. BUSINESSES TO MOVE FACTORIES AND JOBS OVERSEAS. LET ME ASSURE YOU: I WILL ROLL BACK THE TIDE OF OVER-REGULATION. III DURING AND AFTER THE 90-DAY FREEZE, MY ADMINISTRATION WILL DO EVERYTHING IT CAN UNDER EXISTING LAWS TO ROLL BACK THIS TIDE. I'LL ALSO INTRODUCE REFORM LEGISLATION. - 13 - AND I'LL FIGHT CONGRESSIONAL LIBERALS WHO TRY TO IMPOSE NEW AND UNREASONABLE REGULATORY BURDENS ON AMERICANS' LIVELIHOOD. IF CONGRESS SENDS ME ANY LEGISLATION WITH EXCESSIVE REGULATION IN IT, I'LL VETO IT AS SOON AS IT HITS MY DESK. 11 THAT'S MY GUARANTEE TO YOU -- AND TO THE SUCCESS OF STEELTECH'S FUTURE. III - 14 - I'M TREMENDOUSLY IMPRESSED BY YOU, AND AS I TRAVEL ACROSS THIS COUNTRY I'LL TAKE YOUR STORY WITH ME -- I'LL TELL OTHER AMERICANS ABOUT A PLACE WHERE PEOPLE STILL BELIEVE IN HOPE -- WHERE THEY WORK TOGETHER FOR THEIR NEIGHBORS -- AND WHERE THEY SUCCEED. I'LL TELL THE STORY OF STEELTECH AND I'LL END BY SAYING -- THESE MEN AND WOMEN PROVE THAT THE AMERICAN DREAM CAN STILL COME TRUE. III - 15 - THANK YOU FOR SHOWING ME THAT -- THANK YOU FOR SHARING IT WITH YOUR NATION. MAY GOD BLESS YOU ALL. # # # STEELTECH \ MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 \ 11:05 A.M. THANK YOU, JAN [CROSBY]. AND MANY THANKS TO THE GUERRERO FAMILY FOR THE TOUR. You HAVE A LOT TO BE PROUD OF DAVID. GOOD MORNING ALSO TO CHUCK WALLACE. IT'S GOOD TO SEE SOME FRIENDS HERE -- GOVERNOR THOMPSON, SENATOR KASTEN. You KNOW, GOVERNOR THOMPSON IS FOND OF SAYING THERE ARE ONLY TWO SEASONS IN WISCONSIN -- WINTER AND ROAD CONSTRUCTION. So I GUESS I'M GLAD TO SAY THAT SPRING IS JUST AROUND THE CORNER. STEELTECH \ MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 \ 11:05 A.M. THANK YOU, JAN [CROSBY]. It's GOOD To SEE SOME FRIENDS HERE -- GOVERNOR THOMPSON, SENATOR KASTEN. You KNOW, GOVERNOR THOMPSON IS FOND OF SAYING THERE ARE ONLY TWO SEASONS IN WISCONSIN -- WINTER AND ROAD CONSTRUCTION. I'M HERE TO TELL YOU THERE'S ONLY ONE WEATHER CONDITION IN WASHINGTON -- IT'S A PERMANENT HOT AIR FRONT, STATIONED OVER CAPITOL HILL. He Lt Gov. Scott McCallum - NO yes SDavid + Rebecca Guerrero + family Alex, Michael, + Betsy Chuck Wallace - 2 - I'M PROUD TO BE WITH YOU TODAY, AND I WANT THE MEDIA HERE TO CARRY YOUR MESSAGE INTO EACH LIVING ROOM OF THIS NATION -- BECAUSE WE'RE WAGING A BATTLE TODAY IN AMERICA: A BATTLE FOR JOBS AND FOR OUR ECONOMIC FUTURE. AND STEELTECH IS THE KIND OF SUCCESS STORY THAT POINTS THE WAY TO VICTORY. THIS COMPANY HAS RISEN FROM THE RUINS IN A PART OF TOWN MANY HAD WRITTEN OFF AS HOPELESS. - 3 - IT WAS A DREAM ITS SUPPORTERS REFUSED TO CALL "IMPOSSIBLE" -- A DREAM OF A START-UP, MINORITY-OWNED COMMITTED TO EXCELLENCE FIRM THAT RECRUITS ITS WORKERS FROM THE UNSKILLED UNEMPLOYED IN ITS OWN NEIGHBORHOOD. STEELTECH GREW OUT OF EXTRAORDINARY, BI-PARTISAN, PUBLIC-PRIVATE COOPERATION -- COMBINING GOVERNMENT ACTION WITH ECONOMIC INITIATIVE AND THE STRONG SUPPORT OF YOUR COMMUNITY. GOVERNOR THOMPSON ON THE STATE LEVEL. 11 MAYOR NORQUIST ON THE CITY LEVEL. 11 - 4 - JACK KEMP, WHO HELPED YOU WIN A HUD GRANT. 11 PAT SAIKI, WHO QUALIFIED THIS COMPANY AS A SMALL DISADVANTAGED BUSINESS CONCERN. 11 AND I'VE HEARD ABOUT THE PRIVATE SECTOR'S INVOLVEMENT FROM FRED LUBER -- ESPECIALLY ABOUT ROGER PIERCE AND THE GREAT FOLKS OVER AT SUPER STEEL. 11 THIS IS PRECEDENT-SETTING TEAMWORK THAT BROUGHT ABOUT WHAT I'M TOLD IS THE LARGEST MANUFACTURING MINORITY BUSINESS ENTERPRISE IN THIS NATION'S HISTORY. 11 - 5 - BUT ONE OF THE MOST IMPRESSIVE THINGS ABOUT STEELTECH IS ITS VISION FOR ITS WORKERS. DAVID GUERRERO AND JAN CROSBY AND OTHERS GO TO THE HARDEST- HIT PARTS OF THE MINORITY COMMUNITY FOR THEIR RECRUITS. SOME HAVE BEEN IMPRISONED -- SOME ARE LONG-TERM UNEMPLOYED. I LIKE WHAT DAVID SAYS ABOUT THESE NEW BEGINNINGS: "FORGET ABOUT THE PAST. LOOK TO THE FUTURE." - 6 - AFTER INTENSIVE TRAINING WITH PARTNER SCHOOLS, THESE MEN AND WOMEN BECOME PART OF THE HIGH-QUALITY, SELF-CONFIDENT, DRUG-FREE STEELTECH TEAM. 11 AND WHAT A GREAT TEAM IT IS, WITH PLAYERS LIKE CHESTER GANDY WHO LEARNED To WELD AT 47 -- LARRY HOLLIMAN, WHO WAS HONORED BY MAYOR NORQUIST FOR PERFECT ATTENDANCE -- AND FATHER AND SON WORKERS GILBERT BUENROSTRO II AND III, STARTING A TRADITION. 11 - 7 - THEY'RE ALL PART OF THE STEELTECH TEAM THAT LAST YEAR PRODUCED $1.8 MILLION IN SALES -- AND THAT THIS YEAR EXPECTS TO TOP $10 MILLION. REMARKABLE -- AND IT'S NOT EVEN YOUR SECOND ANNIVERSARY YET. 11 SOON, YOU'LL MOVE INTO YOUR NEW STATE-OF-THE-ART PLANT WITH THE LARGEST AUTOMATED E-COAT PAINTING LINE IN THE UNITED STATES. - 8 - AND THERE YOU'LL HELP CONTRIBUTE TO OUR NATIONAL DEFENSE -- WORKING WITH GENE GOODSON OF OSHKOSH MAKING HIGH-QUALITY STEEL COMPONENTS FOR THE PLS, THE NEW MILITARY CARGO TRUCK. WE'RE PROUD TO HAVE YOU WORKING FOR AMERICA UNDER A FEDERAL GOVERNMENT CONTRACT -- AND I'M PROUD TO BE HERE TODAY TO SALUTE YOU ALL. III You SHOULD KNOW -- I'M FIGHTING FOR A BETTER ECONOMIC CLIMATE FOR YOU AND MILLIONS OF AMERICANS LIKE YOU. - 9 - YOU'VE HEARD ME TALK ABOUT THE ECONOMIC GROWTH PLAN I ASKED CONGRESS TO PASS BY MARCH 20 -- THAT'S THIS FRIDAY. MY PLAN OFFERS NEW INCENTIVES TO GET THIS ECONOMY MOVING -- INCENTIVES LIKE OUR INVESTMENT TAX ALLOWANCE THAT WILL HELP DYNAMIC COMPANIES LIKE YOURS TO EXPAND. IT'S CRITICAL TO GET CONGRESSIONAL APPROVAL IMMEDIATELY. III CMS 10 - I'D LIKE TO TALK WITH YOU TODAY ABOUT ANOTHER BATTLE FOR THE HEALTH OF THE ECONOMY -- THE STRUGGLE AGAINST EXCESSIVE REGULATION. AMERICAN WORKERS HAVE SHOWN TO FOREIGN COMPETITORS THAT, GIVEN A LEVEL PLAYING FIELD, WE CAN OUT-THINK, OUT-PERFORM AND OUT-PRODUCE ANYONE, ANYTIME, ANYPLACE. - 11 - WELL, A LEVEL PLAYING FIELD OUTSIDE THE UNITED STATES IS ALL WELL AND GOOD, BUT YOU'LL NEVER REACH IT IF YOU HAVE TO RUN YOURSELVES TO EXHAUSTION RIGHT HERE AT HOME ON A TREADMILL OF OVERZEALOUS REGULATION. 11 IN MY STATE OF THE UNION MESSAGE, I INSTITUTED A 90-DAY FREEZE ON PROPOSED AND EXISTING FEDERAL REGULATIONS THAT COULD HINDER ECONOMIC GROWTH. Now WE'RE SPEEDING UP RULES THAT HELP GROWTH -- AND HALTING RULES THAT WOULD HARM THE ECONOMY. - 12 - OVER-REGULATION HERE IN THE UNITED STATES CAN GIVE FOREIGN CORPORATIONS AN ADVANTAGE OVER AMERICAN FIRMS. IT ALSO CAN DRIVE U.S. BUSINESSES TO MOVE FACTORIES AND JOBS OVERSEAS. LET ME ASSURE YOU: I WILL ROLL BACK THE TIDE OF OVER-REGULATION. III DURING AND AFTER THE 90-DAY FREEZE, MY ADMINISTRATION WILL DO EVERYTHING IT CAN UNDER EXISTING LAWS TO ROLL BACK THIS TIDE. I'LL ALSO INTRODUCE REFORM LEGISLATION. . 13 - AND I'LL FIGHT CONGRESSIONAL LIBERALS WHO TRY TO IMPOSE NEW AND UNREASONABLE REGULATORY BURDENS ON AMERICANS' LIVELIHOOD. IF CONGRESS SENDS ME ANY LEGISLATION WITH EXCESSIVE REGULATION IN IT, I'LL VETO IT AS SOON AS IT HITS MY DESK. 11 THAT'S MY GUARANTEE TO YOU -- AND TO THE SUCCESS OF STEELTECH'S FUTURE. III - 14 - I'M TREMENDOUSLY IMPRESSED BY YOU, AND AS I TRAVEL ACROSS THIS COUNTRY I'LL TAKE YOUR STORY WITH ME -- I'LL TELL OTHER AMERICANS ABOUT A PLACE WHERE PEOPLE STILL BELIEVE IN HOPE -- WHERE THEY WORK TOGETHER FOR THEIR NEIGHBORS -- AND WHERE THEY SUCCEED. I'LL TELL THE STORY OF STEELTECH AND I'LL END BY SAYING -- THESE MEN AND WOMEN PROVE THAT THE AMERICAN DREAM CAN STILL COME TRUE. III - 15 - THANK YOU FOR SHOWING ME THAT -- THANK YOU FOR SHARING IT WITH YOUR NATION. MAY GOD BLESS YOU ALL. # # # MAR-15-1992 14:30 FROM MILWAUKEE STAFF OFC TO P.02 PIMR 10 = 0:30 FROM SENRIVE KHSTEN PHGE 002 Steeltech Talking. Points I am very happy to announce that today, the Department of Housing and Urban Development has awarded $1.4 million to the City of Milwaukee and Steeltech manufacturing. This money, which is the remaining portion of a Urban Development Block Grant set for developing the Park West Corridor in 1982, will be used by Steeltech to construct a 200,000 square foot metal fabricating and painting plant in Milwaukee's inner-city. This announcement is the result of a cooperative effort by federal, state, and local government officials, Milwaukee area minority investors and banks, Super Steel and Steeltech. I especially want to recognize the efforts of Mayor John Norquist for ensuring that federal money that belongs to Milwaukee stays in Milwaukee. This factory, the most important project in the city in decades, will train and employee-80 people in its first year and up to 200 or more in the next couple of years - the majority of individuals will be residents of the surrounding neighborhood. MAR-15-1992 14:30 FROM MILWAUKEE STAFF OFC TO P.03 MAR 10 '92 8:36 FROM SENATOR KASTEN PAGE 003 UNIT ED STAT ES Kasten News SENATE U.S. Senator Robert W. Kasten, Jr. Wisconsin FOR IMMEDIATE RELEASE: December 20, 1991 CONTACT: Kirsten Fedewa, 202-224-5323 TDD Phone Number, 202-224-1280 News KASTEN ANNOUNCES $1.4 MILLION IN FEDERAL FUNDS FOR STEELTECH WASHINGTON, D.C. - Today's announcement of $1.4 million in federal funding for a new factory in Inner-city Milwaukee Is an "early Christmas present for the city, according to U.S. Senator Bob Kasten, R-Wis., who helped win the grant. "This funding from the U.S. Department of Housing and Urban Development (HUD) will provide 200 good jobs in inner-city Milwaukee--and that is-clearly good news," said Kasten, who personally lobbied federal officials for months to gain approval of the grant. Steeltech has already received a $50 million subcontract from Oshkosh Truck. Kasten said the $1.4 million grant is part of a complex $29 million financing package for Steeltech which includes funding from private investors, and state and local money. Corporate investors will include Northwestern Mutual Life Insurance Co., Wisconsin Bell and WITECH, the non-utility arm of Wisconsin Energy Corp., among others. Other private investors are also involved, he said. According to Kasten, the factory will manufacture components for U.S. Army Trucks to be built by Oshkosh Trucks. Federal funding for the vehicles, called the HEMTT, was included in the FY '92 budget for the Department of Defense (DoD). Kasten, who is a member of the Senate Appropriations Defense Subcommittee. helped fight for the funding in Congress. -MORE- MAR-15-1992 14:31 FROM MILWAUKEE STAFF OFC TO P.04 MAR 10 ' 92 8:37 FROM SENATOR KASTEN PAGE 004 2-2-2 Kasten called the funding a "shot in the arm" for minority-owned Steeltech and its proposed manufacturing plant. which has been operating in limited, rented space since beginning production in June. 1991. In his remarks. Kasten also praised Mayor John O. Norquist for his efforts to coordinate efforts on the funding. "This will not only be utilizing state-of-the-art technology in 3 rare, inner-city plant, but it will also provide over 100 new jobs to the central Milwaukee neighborhood surrounding the factory," said Kasten. The proposed factory will be located near the Intersection of N. 27th Street and W. North Avenue, he said. # # # # MAR-15-1992 14:31 FROM MILWAUKEE STAFF OFC TO MHR 10 56 5:51 P.05 PROP SENHIUR KHOTEN Jan 16 72 Kasten Announces $1.4 Million In Federal Funds For Steeltech Washington, D.C.-The announce- said. factory," said Kasten. ment of $1 A million In federal fund- According to Kasten. the factory The proposed factory will be to ing for IS new factory in inner-city will manufacture compenents for U.S. enteri near the Intersection of N. 27th Army Trucks to be built by Osbkosh Street and W. North Avenue, be said. Milwaukse was an "carly Christmas present" for the city, according 10 Trucks. Federal funding for the ve- U.S. Senator Bob Kasten, R-Wiscon- hicles, called the HEMTT. was in. sin. who helped win the grant. cinded in the FY 92 budget for the This funding from the U.S. De- Department of Defense (DoD). partment of Housing and Urban De. Kasten. who is a member of the Sen- velopment (HUD) will provide 200 ats Appropriations Defense Subcom- good jobs in inner-city Milwsukec-- mittee, helped Oghi for the funding in and that is clearly good news." said Congress. Kasten, who personally lobbied fed- Kasten entlod the funding a "shot in oral officials for months to gain an- the arm" for minority-owned provail of the grant. Steeltech has al- Steeltish and its proposed manufac- ready received a $50 million subcon- turing plant, which has been operat- tract from Oshkosh Truck. ing in limited, reated space since be- Kasion mid the $1.4 million grant is gianing production in June, 1991. part of 2 complex $29 million financ- In his remarks, Kasten also praised ing package for Stepitech which in- Mayor John D. Norquist for his of cindes funding from private inves- forts to coordinate effors on the fund- tors, and state and local money. Corporate investors will include ing. North western Murual Life Insurance This will NOT only be utilizing state- Co., Wisconsin Bell and WITECH, of-the-art technology in a rare. Inner- the non-usility arm of Wisconsin En- city plant. trat it. will also provide over crgy Corp., among others. Other pri- 100 new jobs to the central Milwan- vote investors are also involved, he kee neighborhood surrounding the 1/4/92 JAN 16 '32 11:20 PAGE.002 MAR-15-1992 14:32 FROM MILWAUKEE STAFF OFC TO P.06 MHR 10 92 RP 12 FROM SENHIUK KMSTEN FM06 --- JAN 17 '92 10:18 FROM SEN. KASTEN OFFICE MIL PAGE. 015 Money lent to Steeltech The Milwaukee Redevelopment W. North Ave. The $213,000 cov- Authority agreed Thursday to ers Steeltech's costs of hiring lend $213,000 to Steeltech Manu- contractors to do site preparation. facturing Inc. until the new com- mil pany closes on the purchase of its By receiving the money now plant site. instead of at the closing, Steel- The city had already agreed to tech will be able to pay Its con- sentinel give Steeltech that amount as a tractors immediately. said Jeff credit on the company's land pur- Gohlke. of the Department of chase. City Development. Steeltech will pay the southort- He said the closing should 1-17-92 ty $311,600 for the land at 2818 come within 60 to 90 days. THE Tooling up K' STEELTECH for Steeltech MAR-15-1992 sc Where the money coming from? Stock offering debentures move plan off dead center 0:00 14:32 Government sources: By RICH KIRCHEN Redevelogment revenue Dorids of Stocheck clanefecturing fine. bas initi- City las notements financing A alod B private stock placement that in- and property ocquisition cludes 4 for financing the favors- FROM City cepital redevelopment it fund of itents of melal minestly shareholders. development.costs and property The private placentent is one of the Federal Urban Development Action Grant lase figancing steps for launching the Wisconsin Development Fund Part avanufacturing firen's new plant State Department of Transporte for Milminkee's central city: Private sources: The glacement consists of two financ- of tools: the safe of about $2 million Single (as yes unk provide] work of common shares and the sale of $10 $3 million in high-risk debentures to Revelving conditions.com 846 Milwerkee-area companies that verbally perminated floht bill have agreed to belo finance the project. Long-tenm credit line form MINNER dies The placement memorandum, filed Common HOUSEN offering X minority Sept. 19 with the state Office of the PROM SENRIOR KHSTEN N $1.2 million Commissioner of Securities, extlines MILWAUKEE STAFF OFC Common atce sold throught private offering in non. mindrly $800,000 Steelted plans to build its business to Please and in is TO PHGE ЙЙ P.07 Steeltech stock offering, debentures move plan off dead center Crotinued from PM 1 Sugugh funo To) of this year was $393,773 the point where the new plant's falivation on sates of 3224,951. are will have by be expanded by as and "We' we working on all of them. I can't tell The financial projections in the does- 33 100 percent The memoracedum includes ment, esteulated by Arther Andersea & financial projections extirating the compa- you tue have agreements with everybody, Co., call for Steeltech to record sales of ay's sales at $46 million withle five yours but we're working on agreements SEA million this year with 1 net loss of and siso outlides Steeltech's relationship $1.5 million. with Super Steel Products Corp with everybody. Sales projections show increases to $11.1 MAR-15-1992 Scarces idease to the dest said Steelesch million in 1992; $24.8 million in 1993; $41 26 19 sere completing its financing package Rager Petroe million in 1994; $42.6 million in 1995; and nearly A year after officially announcing its $46 milition in 1996. Net income/foss pro- place for a minority-com(rolled manufactur- jestions estimate 3 act loss of $3.1 willion ing company 4t None 27de Street and West requirements in its $53 million contract Johnson in 1993 and gratils theresfer: $270,000 in Month Avenue with Orlders Thuck Corp. The new aspect of the placement is the 1993; $47 million in 1994; $1.7 million in The company's management would like Steeltech hegan production in June En debentives, developed in the past six weeks 1995; and $2.1 million is 1996 to begin constructing its 200,000- square- leased space along the southern and of Su- to an effort to more the financing package Steeltech management glass to gruss the foot metal fobricating and painting glant by per Steel's plant at 7100 W. Calumet Road, off dead center, sources sald. buslness first in the military supply field late October, said a source fanstlier with the Milwaukeo. The company has about 40 The debentures wa high-risk and provide and later in commercial applications. ac- project. but no date has been RL Plant CO2-1 FROM employees, including production, office, no payout until April 1, 1997. The deten- cording to the documents. The company struction should be complete by later supe- engineering and management personal tures would pay interest at 30 subual rato Believes its current subcontract while Osh- mes ** early fall 1592, suid Roger Peiros, who are working solely on the eductract of 10 percent a 18 procept, depending on bosh Truck may help it win another Army treatures of Steeltech and grestment of Ins- with Oshkosh Truck to produce fin rachs Steeltech's income. contract for nine tinnes 13 may Pat sacks per Steel. which are detachable components for US The dobentures provide the "pation" as the 11,000 in the current deal, the docu- Planners of the company's financing Army aucks, type of financing that banks would not increases tald. including Ratiers W. Baladi & Co. Icc., Mil- The city of Milwoukee and state of Wis have bought, sources said. The company believes that to revele full waukee, Stealtesh president G. David consis postions of the Steeltesh financing Sources said as many & 20 Milwaukes- use of its Eigh-teck electrodeposition point Querrero and Super Stool bave tong FROM SENATOR have galned preliminary approvals. area and Wiscoosin companies and one line it overtually will have to expand its planned the private placement for presenta- Once the tate and local government and company are likely 10 buy the Unication area by as such as 300 percent. tion street all the other financing pieces private pieces of the flasneing are final debentures. The coripanies responded w a Jush THE expension would who place when were in place. All aspacts of the linancing Food, Steeltoch will present the package to pitch made by Guetrero and Sugar Steel the company reaches the poins of full plan have reached the veroal agreement HUD for the UDAO which is COP chalmanger Fred Luboc during a series of zation of the gaint line. stage. a source seld, except the U.S. De- clal to meeting requirements for M9 mli- Broakfast meetings in August. $ source A portion of the groceeds from the offer- partnent of Hosting and Urban Develop- Non in revenue bond lisensing for the pro- said. Ing will be used by Steeltoch to repay means agreement a release a $1.4 million jech Steeltoch and stry officials have [gined Millwankee companies are getting be- $800,000 to Super Steel, which to this Viluan Development Action Crant for the members of Wisconsin's congrenteal al- OFC hild the thing making It happen," the point has been Steeltesh's sole outside fi- project. egation in explaining the project to HUD source said. naxcing source. Super Steel has provided The bedividuals and companies who during the past year and expect a quick " The companies idditified 80 far are Steetech with cash for working eapttal, want to participate in the private placement proval there, Peirce and: Northwestern Stutual Life Insurance Co., equipment purchases, payroll and other must do 10 by Oct. 31. Stock is Steeltech will sell for $100 per Wisconsin Hnergy Corp., The Marcus 00165, Price sald. "Rit To the hands of all the potential In- sture with 19,979 shares available (2) Corp., Harloy-Davidson Inc., Grad- Super Steel's Luber hatched the idea for vesions," the source said. "Verbally, 10"s e shares were sold when the company was lay Co., Universal Foods Corp. sed Super Steeltach iss discussions with OshkosA dons deal." founded In May 1950). Staty percent, or Sincl, all of Milwaukee, and Oshkosh Truck executives: be is a directure of Steel- TO Peince said organizers still are seram- $9.2 million worth, of the shares will be Street, Ochkosh. tech. Super Steel also has lest Streitesh its biling for final commitments from parties sold to racial releasity favestors. Some of the companies also will buy expertise and some staff during the state-up including 7 consection of Milwaukee-area Because of concerns dut the misority in common clock not carbarked for the ml- Mass. banks, Milwaukee-area companies that vestors would bet the capital to invest in monty investors, wouth another $800,000, Super Steel and Steehech are negotiating world bay debintures and stock and the Steeltech, the private placement includes Pelice sald an agreement for Super Social to act as a minority lovestors. provision W finance the Investors' squity Proceeds from the offering will be used sales representative for Steeltech for one "We're working the all of their," Peirce The Investments would be financed with for 1 working cugital, according to year. The two companies already have as sald last week. "I can't cell you we have a $1.2 million terms foam from a consections the placement memoriadure agreement that salls for Super Steel to R agreements with everybody; but waire, of Milwaskee Deals, The notes will bear the bank participating in the project ceive 3 percent of the proceeds from the working on agreements with everybody. 12 prosent ansural Interest, with payments have not been identified, But sources sald $52 willion Oshkash Truck contract, the Patsick Walsb, president of Milsiukee due innually, and principal payable on the Mal Marshall & Datey Bank, Milworkee, documents said. Economic Development Corp.) which has contratory date of their executive would be the lead bank Six banks are par- Steelsoch tented office and factory space helped arrange financing, said a fall The recial minority lovestors who have leipating in propostion w (hois slao, a from Super Steel for $18,000 to $21,000 groundBreshing is possible, our, instined ten identified aret Guetraço: Milwaukee nuised said: per munth from June through Argust and could lake weeks, He said chances are Shield United of Wisconsin executive Essie zero sales reconded in its first net, calender loss $72,873 year of that completing the fisancing package attorney fore Olivieri; Blas Cross a Blue Stockech & of for $26,000 per month thereafter, the docu- ments state. Prince said Steekech has made good construcsten would begin before Whitelaws Milmiskee small businessinso operations," from May 15 0 Det. 31,1990, IHC rental payments 80 far. year's en), however, because of Steelter's Randy Crudity: and Super Steet welding according to the placement reserverandum. The documents state that Super Swell and need for more space to mean the production lead men Location Alexander and George The company' not lots from Jan. - Steeltech are repairs corporate entitles. Milwaukee Business Journal 9-30 to 10-6-91 P.08 106 2 P.09 MILWAUKEE SENTINEL Thursday, November 28, 1991 TO Steeltech investors in Only paperwork remains before Inner City plant ca By LARRY SANDLER serving as Steeltech's financial could start production IN the fall bentures a Sentinel staff writer adviser. and will 0 MAR-15-1992 14:34 FROM MILWAUKEE STAFF OFC FROM SENATOR KASTEN of 1992, he said. Guerrero sald 18 Milwauke- (fon paint Steeltech Manufacturing Inc. However, Kent and several in- area corporations and eight ml- leased back has received investor commit- vestors stressed that required nority Individuals, Including him- said. ments for all of the $24.6 million documents still must be signed In private-sector financing It self, intend to Invest In the com- NML b before private financing is com- needs to build an Inner City plant plete. That, In turn, is a key pany. $500,000, and only paperwork remains to condition for releasing $2.6 mill- Corporate Investors will In- vice presio be completed, representatives of Non in public financing. clude the Northwesten Mulual glant. WIs the minority-owned welding Life Insurance Co., Wisconsin tribute $5( company sald Wednesday. If all gous well, Steeltech could Bell and Witech, the non-utlilly clus, B sp "We're heading for home break ground noxt month on the arm of Wisconsin Energy Corp., phone con 8:40 plate." said Steven Kent, senior long-awaited plant near the Inter- Gerrero said. He declared to considering vice president for corporate fl. section of N. 27th St. and W. Identify the others. vest, but e service of Robert W. Baird & Co. North Ave., President G. David Together, the companies will project, V Inc., the Investment Bron that is Guerrero said. That plant then hold $3 million in Steekech de- MAR 10 '92 5. P.10 GAVENGER rays 1 TO ice 1 be built NOV 23 'SI 10:24 FROM SEN. S E N KASTEN A 5 E N OFFICE MIL $16 C $ M MILWAUKEE STAFF OFC d $800,000 in stock, m Steeltech's $8 mil- line, which will be to the company; Kent $ 18 agreed to Invest mid Kipp Rouster, a ent of the insurance consin Bell will con- FROM .000, sald Vyto Kapo- kesman for the tele- pany. Witech Is still how much IL will in- 14:34 pects to be part of the tech President Fran See Steeltech I 3D MAR-15-1992 PAGE.004 6 MAR-15-1992 14:35 FROM MILWAUKEE STAFF OFC TO P.11 twooker Sentinel 11-28-91 Steeitech nearl ready to start building plant Steeltech Blue Shield of Wisconsin: and Su- per Steel Products Inc. welders From 1D Lorenzo Alexander and George Johnson. said Ulice Payne IT., the Brzezinski said. investors' attorney. Koester. Kapocius and 3 All but Wallace and Bolton cki said their companies were in- have been previously identified as vesting in the project because potential investors, they believe it will be good for Guerrero said he will own the community. about 20% of the company and Steeltech eventually hopes to Payne said his clients will hold employ about 200 people. most of just less than $1 million of the them minorities from the neigh- $1.2 million in minority-owned borhood around the welding stock. plent. Steeltech also Is borrowing Kent said all of Milwaukee's $6.8 million for the plant site and biggest banks are involved in the site improvements, through tax- financing package. with M&I free Milwaukee Redevelopment Marshall & Hsley Bank serving as Authority bonds: $1.2 million the lead bank and First Wisconsin from the Wisconsin Development National Bank of Milwaukee. Fund: and $1.4 million from a Bank One Milwaukee, First Bank federal Urban Development Ac- Milwaukee. Norwest Bank and tion Grant to the city, Kent said. possibly others participating. The federal money, still await- The bank financing consists of ing final approval from the US a $5.5 million to $6 million re- Department of Housing and Ur- volving credit line. to be used for ban Development, is the key to working capital, Kent said. completing the flusncing pack- Besides Guerrero. individual age. although the rest of the 11. Investors will be Charles Wai- nancing must be complete before lace, a vice president of Grunau federal approval is granted. Co. Inc.: D. Edward Bolton, men- Steeltech already has bired 57 ager of Bolton Corp., a construc. employees and started production tion supply firm in West Allis; in facilities leased from Super Randy Crump, president of Ap- Steel, Guerrero said. tech Inc., a Milwaukee electron- The company also has shipped ics firm: Jose Olivieri. an attor- its first 200 truck components to ney with the firm of Michael, Oshkosh Truck Corp. and has :00 Best & Friedrich: Essie Whitelaw, ceived the first $850,000 of its a vice president of Blue Cross & $50 million subcontract. WELEMMINES =? 010'3988 FROM SENATOR KASTEN 1.41 25. 01 MAR Steeltech cleanup to cost city 4 times land price P.12 PAGE.011 By GRETCHEN SCHULDT help Mutual move to a new loca- DCD "clearly didn't follow" an JAN Sentinel stall writer tion, Diaz said, ordinance requiring the city to *Then we get In there, now It will cost about $100,000 to Dlaz sald Jars and cans contain- that we own it, and we find paint conduct environmental examina- dispose of conteminants found on Ing about 5,000 gallons of con- la the place," he sald. "And tt 7 tions before acquiring property. land the city bought for $25,000, teminated material were not dis- really 18 a mess; what's in there le Murphy, & Redevelopment Au. prompting some aldermen to crit- covered until after the city really a mess." thority commissioner, sold the Most of the containers were 26. licize the Department of City De- owned the property, and were city was faced with disposing of velopment Thursday for not dis. believed at first to contain only hidden under items stored in the 23 drums of PCB-contominated covering the condition eartler. paint. The contents were Identi- building, Diaz sald. material, GO barrels of waste all Hed In mid-November, be sald. The Common Council has been But DCD Director Ricardo Diaz and six drums of solids. asked for $100,000 to pay for 10:16 said the city con expect to find "I question how the depart- Diaz sold the Redevelopment hauling and disposing of the environmental problems it It in- ment could not know about" the Authority was "under the gun" to wastes, some of which may no- vests In Inner city elfes. contaminants, Ald, Steven S. Cul- assemble the site. The city RO- quire Inclneration supervised by The 30-by-120-foat former for said. "We're not talking about quired about 15 acres for Steel- the U.S. Environmental Protec- Mutual Realty Inc. property at a couple of paint cans. We're tech, he said. tion Agency. 2818 W. North Ave. was pur- talking about 5,000 gellons." Diaz seld he did not believe Diar said bis department will chased about March by the Rede- Ald. Thomas G. Nardelli said it DCD violated the testing ordl- work with the city attorney's of- TO velopment Authority for the appeared "somebody acrewed up nance. The city "went through fice to see if some of the cost can Steeltech project. blg time." the normal condemnation proce- dure" to get the Mutual Realty be recovered from Mutual Realty. The city also paid $46,000 to Ald. Michael J. Murphy said Firm officials could not be land, he sald. reached for comment Thursday. FROM SENATOR KASTEN FROM KASTEN OFFICE MIL MAR-15-1992 14:35 FROM MILWAUKEE STAFF OFC 2 OIC contracts renewed by state Sentinel Medison Bureau and controls as the agreements for last two years, said Secretary of Health and Social Services Gerald Madison - The state Thursday renewed two Whitburn. contracts with Opportunities Industrialization Cen- 8:42 ter of Greater Milwaukee, ending a brief break In A 1901 audit raise questions about the agency's funding since Dec. 31, an official said. fiscal stability. The contracts - each for about $3.5 million Whitburn said the 1992 contract requires OIC to are for a weatherization program and for job provide weatherization services In the central city training under the workfare program. and to participate in the state's jobs program in The contracts call for basically the same services Milwaukee County. MAR 10 '92 Sentinel PAGE.005 1-10 P.13 PAGE.012 THE MILWAUKEE JOURNAL 1-10 North Side Cost of cleanup angers alderma Murphy says Steeltech take here and did not follow the taining polychlorinated biphenyls, tomey's offi TO procedures established by the coun- or PCBs. er the city site should have been cil," he said, The city will spend $56,400 for from the fol Murphy's ordinance requires transportation and hauling costs to city. tested before purchase specific hazardous waste testing ship the chemicals to a facility in The own and "environmental audits" before Utah, officials sald. ing the proj By LEONARD SYKES JR. real estate transactions involving They also found 60 barrels of temination, OFC of The lournal staff the city are finalized Murphy said waste oil in the building. which determine that the ordinance applied 10 all likely contain heavy concentrations for harand The City of Milwaukee will departments in the city, including of lead, and six drums of solid the building STAFF FROM SENATOR KASTEN spend more than $100,000 to se- the Redevelopment Authority. contaminated materials. The move hazardous materials from a "The issue here is that clearly drums of solid materials were sent Murphy piece of property that was pur- Thursday to @ lab in Illinois for property at policy wasn't followed," Murphy cost the cit chased by the Redevelopment Au- said. deconiamination. the onsis and MILWAUKEE thority before being tested for haz- The property was acquired by ardous wasie. the redevelopment authority for HOPING TO RECEVER Cours The CO The extra CK- the Steeltoch project, a minority- Members of the Common sounci Co pense angered controlled manufacturing firm Council's Economic Development tingency Ald. Michael which is scheduled to begin con- Committee have asked the city al- $100,000 Murphy, who struction on a new facility this year. FROM said Thursday The firm is financed through pub- that the proper- lic and private resources and has ty at 2818 W. said most of its employes will be North Ave., to central city residents. 8:43 be used for the Officials said the property was Steettech proj- purchased for $26,000 and about MAR-15-1992 14:36 ect, should have MURPHY $46,000 WAS spent on relocation been tested un. costs for the paint store. 26. der rules of an ordinance he spon- Just after the purchase of the sored two years age. property in October, officials found "Clearly, someone made 8 mis- twenty-three 55-gallon drums con- 10 MAR , P.14 SAVENGER rays 16, Pape 85 met owner of the prop- TO and aldermen want 10 ITS waste removal from JAN 10 'S2 17:21 FROM SEN. SEN.KASTEN OFFICE MIL ** TOTAL PAGE 012 PAGE.012 ** C to investigate wheth- an recoup those costs :T signed a release stat- certy-contained not con- Γ he must bear all costs :- OFC said the testing of the icr the purchase would y $19,000. not counting lated to waste renewal. ancil's Finance and Per- mmittee is seeking con- MAR-15-1992 14:37 FROM MILWAUKEE STAFF maney to pay for the cleanup. Mumby said. PAGE.013 THE PRESIDENT 3-16-92 HAS SEEN THE WHITE HOUSE WASHINGTON 02 MAR 13 P2: 27 March 13, 1992 MEMORANDUM TO THE PRESIDENT THROUGH: DAVID DEMAREST FROM: BETH HINCHLIFFE BH called Dave redel concerns page M SUBJECT: REMARKS AT STEELTECH my on On Monday, March 16, you will address an audience of about 200 people at Steeltech, in Milwaukee, Wisconsin. Governor Thompson and Senator Kasten will be among those in attendance. Your remarks (7 minutes, cards) begin by saluting the unique accomplishments of Steeltech -- highlighting the company's contribution to its inner-city, minority neighborhood. After a discussion of issues related to the economy, particularly your ideas on regulation, the remarks conclude with a final tribute to the people of Steeltech. etc. leave but wind (Hinchliffe/Nix) March 13, 1992 2 p.m. STEEL Draft Three PRESIDENTIAL REMARKS: STEELTECH not air, MILWAUKEE, WISCONSIN MONDAY, MARCH 16, 1992 11:05 A.M. You know, Governor Thompson is fond of saying there are only two seasons in Wisconsin: Winter and Road Construction. I'm here to tell you there's only one weather condition in Washington -- it's a permanent hot air front, stationed over Capitol Hill. 11 I'm proud to be with you today, and I want the media here to carry your message into each living room of this nation -- because we're waging a battle today in America: a battle for jobs and for our economic future. And Steeltech is the kind of success story that points the way to victory. This company has risen from the ruins, in a part of town many had written off as hopeless. It was a dream its supporters refused to call "impossible" -- a dream of a start-up, minority- owned firm that recruits its workers from the unskilled unemployed in its own neighborhood. Steeltech grew out of extraordinary, bi-partisan, public- private cooperation -- combining government action with economic initiative and the strong support of your community. Governor Thompson on the state level. Mayor Norquist on the city level. Jack Kemp, who helped you win a HUD grant. Pat Saiki, who qualified this company as a Small Disadvantaged Business Concern. And I've heard about the private sector's involvement from Fred Luber, especially about Roger Pierce and the great folks over. at Super Steel. This is precedent-setting teamwork that brought 2 about what I'm told is the largest manufacturing Minority Business Enterprise in this nation's history. But one of the most impressive things about Steeltech is its vision for its workers. David Guerrero and Jan Crosby and others go to the hardest-hit parts of the minority community for their recruits. Some have been imprisoned -- some are long-term unemployed. I like what David says about these new beginnings: "Forget about the past. Look to the future." After intensive training with partner schools, these men and women become part of the high-quality, self-confident, drug-free Steeltech team. And what a great team it is, with players like Chester Gandy who learned to weld at 47. Larry Holliman, honored by Mayor Norquist for perfect attendance. Father and son workers Gilbert Buenrostro II and III. They're part of the team that last year produced $1.8 million in sales -- and that this year expects to top $10 million. And it's not even your 2nd anniversary yet. Soon, you'll move into your new state-of-the-art plant with the largest automated E-coat painting line in the United States. And there you'll help contribute to our national defense -- working with Gene Goodson of Oshkosh making high-quality steel components for the PLS, the new military cargo truck. We're proud to have you working for America under a federal government contract -- and I'm proud to be here today to salute you all. 111 You should know: I'm fighting for a better economic climate for you and millions like you. You've heard me talk about the economic growth plan I asked Congress to pass by March 20 -- 3 that's this Friday. My plan offers new incentives to get this economy moving -- incentives like our investment tax allowance that will help dynamic companies like yours to expand. It's critical to get Congressional approval immediately. I'd also like to let you in on an exciting new idea. It's going to be called a "cash for clunker" proposal, but let me tell you what it's really going to mean for this country -- cleaner air and fuel efficiency. It's very simple. We will allow why 20 we have companies or states to provide cash incentives to get older cars retired earlier == sending these heavy polluters and gas guzzlers " off to the junkyards. We'll all breathe easier over that. That "allow will help these companies or communities meet the tough requirements of our clean air law. But think how this might also the help the auto industry -- in a chain reaction, the number of new- car sales could rise. These are the kind of innovative ideas we're going to keep introducing to bolster our economy and clean up the environment at the same time. But I'd like to talk with you about another battle for the health of the economy -- the struggle against excessive regulation. American workers have shown to foreign competitors that, given a level playing field, we can outthink, outperform and outproduce anyone, anyplace, anytime. Well, a level playing field outside the United States is all well and good, but you'll never reach it if you have to run yourselves to exhaustion right here at home on a treadmill of oversealous regulation. In my State of the Union Message, I instituted a 90-day 4 freeze on proposed and existing federal regulations that could affect economic growth. Now we're speeding up rules that help growth -- and halting rules that would harm the economy. Over-regulation here in the United States can give foreign corporations an advantage over American firms. It also can drive U.S. businesses to move factories and jobs overseas. Let me assure you: I will roll back the tide of over-regulation. After the 90-day freeze, I'll introduce reform legislation. And I'll fight Congressional liberals who try to impose new and unreasonable regulatory burdens on Americans' livelihood. If Congress sends me any legislation with excessive regulation in it, I'll veto it as soon as it hits my desk. That's my guarantee to you -- and to the success of Steeltech's future. I'm tremendously impressed by you, and I'll take your story with me: the story of a place where people still believe in hope, where they work together for their neighbors, where they succeed. I'll tell the story of Steeltech and I'll end by saying: these men and women prove the American Dream can still come true. Thank you for showing me that -- thank you for sharing it with your nation. May God bless you all. #