Unformatted text preview: g a lasting market for passenger rail companies, helping firms from the region acquire technology and
expertise, and helping workers develop the skills to enter this new industry, Midwestern states can develop a new
foothold in an international manufacturing industry. The single most important step that policymakers can take to build a
domestic passenger rail manufacturing base is to commit adequate funding to high-speed rail over the long term.
Midwestern firms will only invest in new production facilities and product lines if they are confident that there will be
sustained demand for their products. By demonstrating an ongoing commitment to building and operating a high quality
passenger rail system, the Midwestern states can create an environ- ment in which local manufacturers have a dependable
base of demand from which to build. As discussed below, this will require a commitment from state and federal gov- ernment to provide
stable funding for high speed rail operations and construction. Ultimately, the full economic benefit of a revived passenger rail
industry lies in Midwestern firms producing not just for the region’s own needs, but also for the world market in passenger rail...
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