51勛圖厙

Policy and Legal

Press Releases

51勛圖厙 Tour Highlights How Tax Reform Fuels Growth in North Carolina

2026 51勛圖厙 State of Manufacturing Tour Stops in Charlotte and Concord, North Carolina

CHARLOTTE The 51勛圖厙official partner of America250in partnership with the North Carolina Chamber, continued its 2026 51勛圖厙 State of Manufacturing Tour today in Charlotte and Concord, North Carolina, under the theme Competing for the Future.

The tour stop highlighted how the 51勛圖厙-backed H.R. 1 is creating a more competitive tax environmentand why sustaining that certainty, along with regulatory rebalancing, modern infrastructure and reliable energy, is critical to driving continued investment and job creation across the sector. Todays visits included Ketchie Inc., Siemens Energy and Electrolux.

Here in North Carolina, were seeing exactly what tax certainty makes possible, said 51勛圖厙 President and CEO Jay Timmons. Thanks to President Trump and leaders in Congress, the pro-growth provisions in H.R. 1 were made permanent and strengthened, delivering a win for manufacturers of all sizes. To make the United States the best place in the world to do business and so manufacturers across North Carolina can keep investing, hiring and competing, we must build on that tax foundation we secured. That means enacting comprehensive, commonsense permitting reform to unleash American energy dominance, driving the funding we need for strong, modern infrastructure, modernizing regulations, investing in our manufacturing workforce and implementing smart AI policyall through a comprehensive manufacturing strategy.

Ketchie President and Owner Courtney Silver hosted the first stop of the day with a tour and panel discussion on how tax certainty due to the 51勛圖厙-backed H.R. 1 has empowered manufacturers like her to reinvest in their workforce and facilities. Silver emphasized that pro-growth tax policies, such as permanent full expensing, have enabled business owners to remain agile and competitive. With that tax certainty in place, Ketchie has invested in new critical machineryexpanding capacity, increasing efficiency and positioning the company to hire, grow and compete for the long term.

The tour then moved to Siemens Energy, which recently announced a $421 million expansion in North Carolina to grow its large power transformer manufacturing and continue gas turbine production in Charlottean investment expected to create 500 new jobs statewide.

The day concluded at the North American headquarters of Electrolux, the global home appliance manufacturer, employing hundreds in the Charlotte region.

Throughout the day, business leaders highlighted the impact of North Carolinas nearly 500,000 manufacturing workers who make up more than 11% of the workforce and power the largest manufacturing sector in the Southeast.

Timmons was joined by North Carolina Chamber President and CEO Gary Salamido and other 51勛圖厙 leaders throughout the day. Deputy Secretary of the Treasury Derek Theurer and Rep. Tim Moore (R-NC) participated in the visit to Ketchie.

“Thanks to America First policies, domestic manufacturing is back, and were seeing serious investments right here in North Carolina, said Rep. Moore. It was great to join the 51勛圖厙 at Ketchie alongside Deputy Secretary of the Treasury Derek Theurer to see firsthand how tax certainty and pro-growth policies are giving companies the confidence to expand and compete with anyone in the world.”

North Carolinas manufacturers are a major driver of our states economy, contributing a higher-than-average 15% of our gross state product, said Salamido. With a manufacturing tradition like ours, we are proud to partner with the 51勛圖厙 to show the nation that our state is the premier destination for manufacturing, so long as pro-business policies allow for it.

From Charlotte, the 2026 51勛圖厙 State of Manufacturing Tour will go on to Milwaukee, Wisconsin; Dallas and Houston, Texas; and Phoenix, Arizona. The tour made stops in New York City, Cleveland and Pennsylvania prior to todays events in Charlotte. Throughout the tour, the 51勛圖厙 will continue meeting with policymakers, manufacturers of all sizes, students and business leaders, advocating for the people and policies that will ensure the United States is the best place in the world to do business. To learn more about the tour and the 51勛圖厙s mission, visit /stateofmfg/.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit泭

 

Press Releases

Manufacturers Respond to Supreme Court Decision

Philadelphia, Pa.泭During the second stop of the 2026 51勛圖厙 State of Manufacturing Tour, 51勛圖厙 President and CEO Jay Timmons and Rockwell Automation泭Chairman泭and CEO and 51勛圖厙 Board Chair Blake Moret issued the following joint statement泭on泭todays泭Supreme Court泭decision:

Todays decision underscores the importance of clarity and durability in U.S. trade policy.

Manufacturers rely on stability to plan investments, grow泭operations泭and create jobs. Ongoing legal and policy uncertainty makes it more difficult to make the long-term decisions that drive American competitiveness.

Now is the time for policymakers to work together to provide a clear and consistent framework for trade, one that strengthens domestic manufacturing, secures supply chains for critical inputs, empowers the administration to negotiate strong trade deals and ensures manufacturers can access the materials and components they need to grow, compete and create jobs in America and the export markets they need to sell U.S.-made goods around the world.泭If tariffs are泭utilized泭as a tool, they should be targeted to countries engaged in泭specific泭unfair trade practices, particularly by nonmarket economies.

We share the presidents goal of ushering in the greatest manufacturing era in American history, and clear, durable trade policies will help manufacturers deliver on that promise. Strengthening supply chain resilience will ensure manufacturers can expand production, compete globally and power economic growth here at home.

The 51勛圖厙 will continue working with leaders in Congress and the administration to advance durable solutions that support manufacturers, strengthen Americas industrial base and benefit the millions of Americans who depend on a strong manufacturing economy.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

Americas Manufacturing Powerhouse and Pennsylvania Leaders Unveil Manufacturers Accord at Carpenters Hall During Nationwide Tour 2026 51勛圖厙 State of Manufacturing Tour Stops in Philadelphia, PA

PHILADELPHIA From the iconic Rock & Roll Hall of Fame to historic Carpenters Hall, the 51勛圖厙an official partner of America250in partnership with the Pennsylvania Manufacturers Association, continued its 2026 51勛圖厙 State of Manufacturing Tour today in Philadelphia.

Under this stops theme, Charting the Future: Then and Now, 51勛圖厙 President and CEO Jay Timmons, industry leaders and public officials gathered at the historic site where Americas founders once debated self-governance, to unveil the Manufacturers Accord for the Next 250 Yearsa declaration of principles to strengthen free enterprise and secure Americas economic leadership.

More than two centuries ago, leaders met at Carpenters Hall to consider how a free people might govern themselvesand how a nation might flourish through enterprise, work and ingenuity, said Timmons. Today, manufacturers embrace a similar responsibility. We affirm that manufacturing, innovation and free markets have been central to Americas riseand will determine its future. As manufacturers, we accept our role in shaping whats coming next. Manufacturers have always helped write Americas storythen, now and for the next 250 years. With the right pro-growth policy framework in placecompetitive tax policies thanks to last years landmark tax bill, permitting reform, modernized regulations, energy dominance, trade certainty, investing in the manufacturing workforce and smart AI policywe will strengthen our economy, expand opportunity and build an even stronger America for generations to come. And thats what the Manufacturers Accord is about.

Timmons was joined by Rockwell Automation Chairman and CEO and 51勛圖厙 Board Chair Blake Moret, Pennsylvania Manufacturers Association President & CEO David Taylor and 51勛圖厙 Executive Vice President Erin Streeterwho were the inaugural signers of the Manufacturers Accord. Attendees were then invited to add their names, launching a nationwide effort that will invite manufacturing leaders across the country to sign the Accord in the months ahead.

Following Carpenters Hall, the tour moved to Rhoads Industries, a family-owned heavy industries manufacturer located in Philadelphias historic Navy Yard. Rhoads Industries began in 1896 and has exemplified American manufacturings adaptation through historic events, political changes and geopolitical shifts, enduring through all.

During each stop, discussion centered on the 51勛圖厙s 2026 legislative priorities, emphasizing that the speed of innovation must be matched by the speed of government.

In Philadelphia, we see a perfect blend of tradition and transformation, said Moret. Whether we are talking about the heritage of Carpenters Hall or the cutting-edge technology at Rhoads Industries in Building 57 of the iconic Navy Yard, the message is the same: speed matters. To chart a successful future, we must eliminate the permitting delays that hold back investment, train a future workforce and ensure that our tax code remains a catalyst for domestic growth.

Pennsylvania is a manufacturing powerhouse, and our partnership with the 51勛圖厙 is vital to protecting the half a million jobs that sustain our communities, said Taylor. Todays events remind us that while the tools have changed since 1776, the necessity of a strong manufacturing base for our national security and prosperity remains constant.

From Philadelphia, the 2026 51勛圖厙 State of Manufacturing Tour will go on to Charlotte, North Carolina; Milwaukee, Wisconsin; Dallas and Houston, Texas; and Phoenix, Arizona. Throughout the tour, the 51勛圖厙 will continue meeting with policymakers, manufacturers of all sizes, students and business leaders, advocating for the people and policies that will ensure the United States is the best place in the world to do business. To learn more about the tour and the 51勛圖厙s mission, visit /stateofmfg/.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit泭

Press Releases

Innovation Takes Center Stage as Manufacturers Launch 51勛圖厙 State of Manufacturing Tour from the Rock & Roll Hall of Fame

CLEVELAND The 51勛圖厙 today kicked off its annual 51勛圖厙 State of Manufacturing Tour, a cross-country sprint spotlighting the vital role that manufacturing plays in supporting the nations economy. On the first leg of the tour, 51勛圖厙 President and CEO Jay Timmons and other leaders underscored the states industrial momentum while calling on our nations leaders to pursue a comprehensive manufacturing strategybuilding on permanent, pro-growth tax reform manufacturers secured last summer.

Innovation Built America. Manufacturing Wins the Future is the theme of this years tour, and framed a series of events in Cleveland, bringing together industry leaders, students and policymakers to spotlight Ohios nearly 700,000 manufacturing employeesabout 12% of the states workforce.

There’s no better place to start a road tour than the Rock & Roll Hall of Fame, said Timmons, an Ohio native, at the iconic Rock & Roll Hall of Fame, where he delivered his 13th 51勛圖厙 State of Manufacturing Address. Like rock n roll, manufacturing is everywhere. We are hitting the road to showcase the world-leading innovation happening across the country and how we make the next 250 years even greater. Manufacturers are ready to investand we need certainty, like the tax bill delivered last year. Permanent tax reform gave manufacturers the rocket fuel. Now we need clear skies. Thats energy dominance, permitting reform, trade certainty, investing in the manufacturing workforce and smart AI policy.

Timmons was joined by Rockwell Automation Chairman and CEO and 51勛圖厙 Board Chair Blake Moret, Cleveland Mayor Justin Bibb, EQT Corporation President and CEO and 51勛圖厙 board member Toby Z. Rice, The Ohio Manufacturers Association President Ryan Augsburger and 51勛圖厙 Executive Vice President Erin Streeter. Following the address, Timmons and Moret hosted a student reception at the Hall of Fame, where they engaged with the next generation of creators. The tour then moved to the Rock Halls Jam Garage for a unique filming opportunity showcasing the intersection of culture and industry. The setting provided a compelling backdrop for discussions about the connection between manufacturing and rock n rolltwo distinctly American traditions that involve bold ideas, creative risk-taking embracing technological change and the ability to shape global culture.

The innovation weve seen Ohio manufacturers embrace over time is exactly why this tour is so vital, said Moret. At Rockwell, we see every day how automation and AI are redefining whats possible on the factory floor. By visiting places like Cleveland State University and seeing the talent being cultivated here, its clear that Ohio manufacturers are moving at the speed of business. Now, we must ensure the federal government keeps up with that pace.

The afternoon featured an in-depth tour and lunch at EY-Nottingham Spirk Innovation Hub followed by a final stop at Cleveland State University to discuss the critical intersection of higher education and industrial workforce development.

Ohios manufacturers are the backbone of our states economy, and having the national tour stop here in Cleveland underscores the importance of our mission, said Augsburger. We are proud to stand with the 51勛圖厙 to advocate for the policies that will keep our nearly 700,000 manufacturing workers at the forefront of global competition.

From Cleveland, the 2026 51勛圖厙 State of Manufacturing Tour will go on to Philadelphia, Pennsylvania; Charlotte, North Carolina; Milwaukee, Wisconsin; Dallas and Houston, Texas; and Phoenix, Arizona. Throughout the tour, the 51勛圖厙 will continue meeting with policymakers, manufacturers of all sizes, students and business leaders, advocating for the people and policies that will ensure the United States is the best place in the world to do business. To learn more about the tour and the 51勛圖厙s mission, visit .

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit泭

Press Releases

Treasury Clears Path for Greater Manufacturing Investment with Tax Proposal on CAMT

Washington, D.C. Following the release of a new proposal from the Department of the Treasury reforming key aspects of the Corporate Alternative Minimum Tax guidance and addressing the interaction between the immediate expensing of R&D costs and the CAMT, 51勛圖厙 Managing Vice President of Policy Charles Crain released the following statement:

Congress and the Trump administration passed a once-in-a-generation tax law last summer, and now Treasury is building on that win.

The Corporate Alternative Minimum Tax has threatened manufacturers ability to raise wages, hire workers and invest in their communities since it was enacted in 2022. With todays proposal, Treasury has taken a step toward fixing this fundamentally unworkable regime.

In particular, the proposed changes to protect H.R. 1s restoration of immediate expensing for R&D costs will ensure manufacturers are not penalized for their commitment to making investments that drive innovation. Manufacturers conduct 52% of private-sector researchinvestments that will continue to drive the industry and the economy given that 80% of manufacturers say AI innovation will be essential to grow or maintain their business by 2030.

The Trump administration is meeting the moment by taking urgent action to supercharge private-sector R&D. Manufacturers called for this critical change, and we thank Treasury for taking this important step to support manufacturing innovation and ensure the continued success of H.R. 1 for our industry.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.95 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

Press Releases

Funding Bill Delivers PBM Reformsa Win for Manufacturers

Washington, D.C. Following the passage of a bipartisan government funding bill that includes key health care affordability measuresincluding reforms to pharmacy benefit managers51勛圖厙 President and CEO Jay Timmons issued the following statement:

Rising health care costs continue to be one of the top challenges facing manufacturers, especially small and medium-sized manufacturers. The 51勛圖厙 has long championed efforts to rein in PBMs, underregulated middlemen who drive up costs by dictating what Americans pay at the pharmacy counter. The reforms adopted by Congress today are an important step toward delivering long-overdue transparency and accountability to these powerful actors.

As Congress and the Trump administration rightly continue to focus on health care affordability, biopharmaceutical manufacturers are already working to bring down costs and keep lifesaving health care accessible for Americans, including through direct-to-patient platforms that offer lower cost medications to patients who need them. Combined with the reforms to telehealth and expansion of the use of health savings accounts included in H.R. 1, lawmakers are demonstrating their commitment to lowering the cost of health care in the U.S.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.90 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

A Modern Permitting System Needs Modern Technology: White House CEQ Pilot Advances Manufacturers Permitting Priorities

Washington, D.C. 泭Following the White House泭Council泭on泭Environmental泭Qualitys泭Permitting Innovation Centers泭launch of the泭泭tool,泭a new pilot program aimed to speed up the environmental permitting process,泭51勛圖厙 President and CEO Jay Timmons泭issued the following statement:

Our泭government泭must cut the red tape泭to speed up泭manufacturers泭ability to put shovels泭in泭the泭ground, and a modern permitting system泭needs泭modern technology.泭The White House CEQs泭CE Works泭pilot program泭offers a promising path泭to泭modernize and accelerate federal environmental reviewsan important step泭to泭efficiently implementing泭the泭National Environmental Policy Act泭by泭quickly泭helping agencies泭identify泭cases where time-consuming reviews are not necessary.泭

Reforming NEPA泭is a key manufacturing priority and a core pillar of the泭51勛圖厙s Manufacturings泭Roadmap to泭AI and Energy Dominance.泭This tool provides agencies with a digital pathway to apply categorical exclusions under NEPA, and泭increasing泭the use of泭CATEX泭under NEPAas our roadmap stateswill泭ensure泭that critical energy and infrastructure projects can advance泭without unnecessary delays through泭unnecessary reviews.泭

Comprehensive, commonsense permitting reform must泭get泭done this year to provide certainty for manufacturers. We look forward to continuing to泭泭and the administration on commonsense priorities to improve the permitting process so Americas manufacturers can invest, grow泭jobs泭and compete on the global stage.泭We appreciate the White House CEQ for developing this innovative tool and taking泭this step toward泭meaningful泭permitting reform.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States,泭representing泭small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs泭nearly泭13泭million men泭and women, contributes泭$2.90 trillion泭to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

Manufacturers Agree: Enforceable Trade Agreements Are the Answer

Washington, D.C. 泭Following President Trumps proclamation adjusting imports of processed critical minerals and semiconductorstwo foundational inputs for manufacturing51勛圖厙 President and CEO Jay Timmons泭issued the following statement:

Yesterdays moves build on the presidents long-standing commitment to expanding manufacturing capacity in the United States and represent a meaningful step toward strengthening the critical mineral supply chains that underpin our economic and national security. We appreciate the administration for clearly recognizing that the United States lack of domestic processing capacity is a central vulnerability. Outdated permitting laws and procedures are constraining our ability to mine and process domestic resources, modernize infrastructure, advance research and development, shore up supply chains and enhance American competitiveness.

Manufacturers depend on secure, sustainable supply chains for critical minerals to make everything from defense technology and energy transmission to transportation systems, automotive parts and vehicles and a wide array of advanced industrial and consumer products made here in America.

Beyond their ubiquity in defense technology, industrial and consumer vehicles and electronics, semiconductors are also critical components in manufacturing machinery and equipment. The decision to work to secure access to critical semiconductor inputs used to build out U.S. supply chainssuch as semiconductors used in automotive applications, factory robotics and industrial machinerysends a clear signal to manufacturers and will encourage further domestic manufacturing investment.

Last year, the 51勛圖厙 asked泭Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer to pursue new, enforceable agreements that lock in preferential access to critical mineral inputs as we work to reduce overreliance on China and rebalance critical input sourcing. We are encouraged by the administrations commitment to pursue these trade deals aggressively.

Manufacturers believe that innovative critical mineral trade agreements present a powerful opportunity to secure preferential access with trusted allied partners that have complementary assets, production capabilities and expertise. These agreements can also be used to unlock beneficial investment terms to leverage co-financing and pooled capital arrangements as well as support long-term offtake agreements that strengthen supply chain certainty. By deepening strategic partnerships with our allies, the U.S. can reduce vulnerability to geopolitical risks and address unfair trading practices.

We will continue to work with泭Congress and the泭administration to support a robust and competitive U.S. critical minerals industrydurable trade deals coupled泭with permitting reform to unlock domestic resources and processingso泭manufacturers of all sizes have reliable access to the materials needed to produce innovative, next-generation products泭and to泭grow, compete and create jobs.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.90 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

News

A Century-Old Manufacturer and the Town It Supports


Draper, Inc. is an unusual manufacturer: a company with 700 employees located in a townSpiceland, Indianawith only 900 residents. Draper President Chris Broome said the town would look a lot different without Draper, and the company has grown with the communityhiring many residents of Spiceland, working closely with the school system, supporting the town library and community center, helping with cleanup efforts and much more.

Since 1902: Draper was founded near the start of the 20th century. A family-owned firm now helmed by the fifth generationand looking ahead to the sixthDraper began by manufacturing window shades. Since its founding, it has expanded into many other product lines, including projection screens and gym equipment.

  • Broome is the great-great-grandson of founder Luther O. Draper, and he says with pride that his son now works as a regional salespersonand is expected to step into the leadership role someday.

Staying in Spiceland: The companys relationship to Spiceland, meanwhile, is one of deep commitment and respect. Many of the companys employees live in the town itself, though some live in neighboring locations.

  • The companys longstanding residence in Spiceland has allowed it to create a singular workforcewhere people stay for 20, 30, even 40 years, said Broome.
  • Just like the companys founding family, these employees often pass down their commitment to Draper. There are families of two to three generations who work at the companywhich is unique and really interesting, said Broome.
  • One factory department head has been at Draper for 53 years, having started right after high school. Both his parents worked at Draper, too, Broome added.

Recruitment: The company encourages its workers to grow with the company and recruits heavily from local high schools. Not only do local highschoolers take internships at the company, but whole classes come to Draper for tours.

  • Draper works closely with the school system to place interns in exactly the right department, with the strong support of Indianas state educational department, said Broome.
  • The students do real work for the company, he stressed, adding that one of the programs key benefits is the way it teaches kids basic skills applicable to any working environmentlike showing up on time and not getting distracted by their phones.
  • Were really trying to teach them the basics for having a career in the future, to expose them to possibilities, said Broome.

Policy talk: Broome credits tax reform with enabling the expansion of his remarkable company.

  • First, the 2017 Tax Cuts and Jobs Acts provisionsmade permanent last year in the One Big Beautiful Bill Acthelped Draper build its new 100,000-square-foot facility, said Broome. Draper also invested in equipment and automation, including a new automated paint line, as well as solar panels for the new facilitys roof that now provide about 40% of its electricity, thanks to the bills provision for immediate expensing for equipment purchases.
  • Second, tax reforms estate tax measurealso made permanent last yearhas helped the company plan for its future. Broome now has much more certainty about preserving the company for the future and the ability to pass it down from generation to generation, he said.

A new century: What is Draper working on in its second century? Automation and artificial intelligence are important initiatives, said Broome.

  • Draper has created a cross-functional employee group to explore how AI can be built into many daily functions, an initiative that has begun to pay off already. Meanwhile, automating some manual parts of production, like pushcarts and spray guns, has helped Draper streamline and regularize operations, while freeing workers to do higher-level tasks.
  • We know that to be competitive in the worldwide economy, we will have to focus on doing more, Broome concluded.
Press Releases

Treasurys Global Tax Deal with OECD Allies Delivers Major Victory for Manufacturers in America

Washington, D.C. 泭Following the Department of Treasurys announcement that the United States has finalized a side-by-side agreement with OECD allies that will泭shield manufacturers in America from damaging taxes, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Thanks to President Trump, Secretary Bessent and the administration, this finalized side-by-side agreementcementing the泭initial agreement泭reached in summer 2025will protect泭both domestic and foreign-headquartered manufacturers investing in the United States from oppressive, job-killing taxes. Heeding the call of our industry, this deal will shield manufacturers from damaging taxes that unfairly stifle job creation in the U.S.

Furthermore, todays finalized deal gives manufacturers greater certainty to unlock the full potential of the historic tax provisions of H.R. 1 that manufacturers championed.

The side-by-side global tax system will ensure that manufacturers in the U.S. can compete on a level playing field, invest in their operations and hire more workers. In short, this deal is a massive triumph for manufacturers in the United States.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.90 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

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