At SKF, we believe in the longterm development of the U.S. industrial economy. The reindustrialization is supported by a strong university-based research network, a competitive workforce and energy supply from domestic energy resources. However, there are still challenges, particularly regarding the availability of skilled labor. Business, education and governments have a responsibility to work together to ensure this is not the bottleneck in U.S. industrial development. I am particularly pleased with and support the work the National Association of Manufacturers is doing in this area.