NEW YORK (AP) The printer cable industry is in a transition period, but the industry group that supports the industry says the future is bright for the industry.
The Association of American Printmakers says it’s working on a set of new rules and plans to meet in May to determine what’s next.
The group said in a statement Thursday that its membership is “growing rapidly” and is “in a healthy state.”
The association’s chairman, John Schmid, said the new regulations would help the industry maintain an edge in a changing business landscape.
The industry has faced pressure to diversify and expand since last year, when President Donald Trump signed an executive order aimed at cutting government regulations on businesses.
The president’s new executive order, however, did not address the industry’s longstanding regulatory concerns.
The new rules, which were drafted by a group of regulators, will focus on how companies are regulated in different sectors and will require companies to show that they’re using a common regulatory framework, Schmid said.
That will allow them to offer better coverage to their customers and be more flexible, he said.
The group’s president, Jim Siegel, said in the statement that the association is working with the federal government to “create a framework for our industry to work together to create an orderly transition.”