Parkson Corporation in Compliance with Infrastructure Investment and Jobs Act / Build America, Buy America Act
FORT LAUDERDALE, Fla., June 8, 2022 /PRNewswire-PRWeb/ -- The Infrastructure Investment and Jobs Act ("IIJA"), also known as the Bipartisan Infrastructure Law and which includes the Build America, Buy America Act (BABA, "the Act"), was signed into legislation on November 15, 2021. Parkson Corporation has reviewed and analyzed the IIJA, and we are confident in our ability to meet BABA provisions without changes to how we have historically conducted business.
- FORT LAUDERDALE, Fla., June 8, 2022 /PRNewswire-PRWeb/ -- The Infrastructure Investment and Jobs Act ("IIJA"), also known as the Bipartisan Infrastructure Law and which includes the Build America, Buy America Act (BABA, "the Act"), was signed into legislation on November 15, 2021.
- Parkson Corporation has reviewed and analyzed the IIJA, and we are confident in our ability to meet BABA provisions without changes to how we have historically conducted business.
- According to the IIJA, $55B in funding will be allocated to the drinking water, wastewater, and storm water infrastructure sector.
- Parkson products, classified as manufactured products, are historically fabricated at domestic facilities throughout the United States using U.S. sourced steel and materials.