NACE International and ASM International Host Congressional Briefing May 31, 2012 - Corrosion: The Low Cost of High Maintenance

Share Article

Corrosion costs the U.S. economy an estimated 3.1% of U.S. GDP ($452 billion) per year. Industry has estimated nearly one-third of corrosion costs can be saved by applying corrosion control technology.

NACE International and ASM International, the nation’s leading organizations dedicated to corrosion control, have joined together to host a Congressional briefing to address the needless waste and expense caused by corrosion and how corrosion control will save the nation billions of dollars and create high-wage jobs.

Corrosion costs the U.S. economy an estimated 3.1% of U.S. GDP, nearly $452 billion per year. It is estimated that the annual cost of corrosion to the transportation sector is $52 billion and $22 billion to the defense sector where it even impacts military readiness. Corrosion is also a safety and occupational concern and it degrades and weakens infrastructure we rely on every day - from bridges and harbors, to pipelines.

Corrosion is largely preventable and industry has estimated nearly one-third of corrosion costs can be saved by applying corrosion control technology. The Department of Defense Corrosion Policy and Oversight Office delivered a 57 to 1 return on investment to the taxpayer through corrosion mitigation initiatives and requirements. ASM and NACE have organized a Congressional Briefing to explain the severity and high cost of corrosion, how applying corrosion control technologies can mitigate this problem while saving taxpayer money and creating well-paying jobs that cannot be exported, and what Congress can do to facilitate this work. Several bills are pending in Congress to tackle these costly corrosion issues, including the Defense and Transportation bills.

Speakers Include:
Representative Betty Sutton (OH-13)
Representative Eddie Bernice Johnson (TX-30)
Dan Dunmire, Director DoD Office of Corrosion Policy and Oversight
Dr. Luis Proenza, University of Akron
George Galis, International Union of Painters and Associated Trades

WHAT: Corrosion: The Low Cost of High Maintenance – A Congressional Briefing

WHEN: Thursday, May 31, 2012 11:45 a.m. – 1:30 p.m.

WHERE: Rayburn House Office Building – Room B-338

WHO: NACE International and ASM International

MEDIA INFO: Eligible media representatives are encouraged to attend.

CONTACT: Alysa Reich, alysa(dot)reich(at)nace(dot)org or +1 281 827 3401

NACE International, The Corrosion Society, based in Houston, Texas, serves 29,000 members in 110 countries. NACE International is the leader in the corrosion control community, and is recognized worldwide as the premier authority for corrosion solutions. Founded in 1943 by 11 engineers in the pipeline industry, NACE International has grown to reach all industries impacted by corrosion. Today the organization offers the most specified technical training and certification programs, conferences, industry standards, reports, publications, and software to prevent and mitigate corrosion.

ASM International serves materials professionals, nontechnical personnel, and managers worldwide by providing high-quality materials information, education and training, networking opportunities, and professional development resources in cost-effective and user-friendly formats. ASM is where materials users, producers, and manufacturers converge to do business.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Alysa Reich

Skip Wolfe
Visit website