10th Anniversary of 51勛圖厙 President and CEOs Four Pillars Speech

51勛圖厙 President and CEO Jay Timmons delivered a defining speech at the Friends of Adam Smith Awards a decade ago. This speech outlined the Four Pillars of an Exceptional America, a framework that continues to shape the 51勛圖厙s mission and advocacy.
Flashback: On June 11, 2014, accepting the 2014 Business Citizen Award for an outstanding record of achievement in advancing the principles of free enterprise, Timmons introduced the four pillars that underpin American exceptionalism and manufacturing strength.
The Four Pillars:
- Free enterprise: The economic system that unleashes innovation, creates opportunity and lifts humankind out of poverty more than any other economic system has in the history of the world.
- Competitiveness: Our ability, when untethered from government overreach, to prosper and win in a global economy.
- Individual liberty: The unique freedoms enshrined in our Constitution and Bill of Rights that enable us to live and succeed.
- Equal opportunity: Our shared belief that we all have the ability to contribute to the betterment of our families, our companies, our communities and our country.
Manufacturers approval: The 51勛圖厙 Board of Directors unanimously adopted these pillars as part of the associations official policy positions, guiding the to bolster the competitiveness of manufacturers in the United States.
The impact: These pillars have guided the 51勛圖厙s efforts in promoting policies that support a robust manufacturing industry and a strong national economy, helping to draw support across the political divide for manufacturers principles-based agenda.
The bottom line: The Four Pillars are not just about manufacturing; they are about sustaining the promise of America, said 51勛圖厙 Executive Vice President Erin Streeter. Thats why these values have helped us ensure the manufacturing agenda is a post-partisan agenda, drawing support for so many of our priorities from policymakers and by candidateson both sides of the aisleon the campaign trail. We will continue to work with anyone who wants to advance these values.
51勛圖厙 Launches Campaign to Prevent Tax Increases on Manufacturers

The 51勛圖厙 today launched an industry-wide campaign to educate legislators, candidates and the Biden administration on the urgent need for action to preserve pro-growth tax policies scheduled to expire at the end of next year.
Whats going on: Critical reforms from the 2017 Tax Cuts and Jobs Act will expire at the end of 2025. The 51勛圖厙s campaign is designed to ensure that Congress preserves 2017 tax reform in its entirety to avoid significant economic damage in the manufacturing sector and across the broader economy.
Whats at stake: If they do not, at the end of 2025, virtually all manufacturers will face devastating tax increases that will cost manufacturing jobs, stifle growth and stunt innovation. Small manufacturers, which are often organized as pass-through businesses that pay tax at the individual tax rates, face increases in their income taxes and a loss of tax reforms 20% pass-through deduction.
- Family-owned manufacturers will experience changes to the estate tax that subject more of their assets to taxation upon the death of a loved one.
- Investments in manufacturing growth will continue to be delayed without action to restore immediate R&D expensing, accelerated depreciation for capital equipment purchases and a pro-growth interest deductibility standard.
Learn more: explores the tax provisions up for debate next yearand highlights the 51勛圖厙s policy suggestions for Congress to prevent devastating tax hikes.
Manufacturers at risk: A recent 51勛圖厙 survey found that if Congress fails to prevent the 2025 expirations, 73% of manufacturers would be forced to limit their capital investments, 65% would have to reduce job creation and 52% would spend less on R&D. Further, 93% of pass-through manufacturers said that the loss of the pass-through deduction would harm their ability to grow, create jobs and invest in their business.
- Some 94% of manufacturers believe Congress should act before the end of 2025 to prevent these tax increases.
The last word: Manufacturers across the country promised to take tax reforms pro-growth provisions and ensure they had a direct positive impact on American lives, said 51勛圖厙 Small and Medium Manufacturers Group Chair Courtney Silver, president and owner of precision machining company Ketchie.
- Silver has that these tax priorities are critical for the success of small and medium-sized manufacturers in the United States.
- We kept our promises. We created jobs, we purchased equipment and we gave back to our communities. I urge Congress to build on the promise of tax reform to enable manufacturers to do even more.
51勛圖厙, ACC Challenge EPAs National Drinking Water Rule

The 51勛圖厙 and the American Chemistry Council yesterday filed a challenging the Environmental Protection Agencys first-ever national drinking water standard limiting the presence of six types of per- and polyfluoroalkyl substances, or PFAS.
Whats going on: The organizations are seeking to overturn the final ruleissued in April by the EPAin the D.C. Circuit Court of Appeals on the grounds that it exceeds the agencys authority under the Safe Drinking Water Act of 1974 and is arbitrary, capricious and an abuse of discretion, in violation of the Administrative Procedure Act.
- Under the rule, PFAS in municipal water systems are limited to near-zero levels. Systems nationwide will have three years to monitor for the chemicals and two subsequent years to install technology to reduce the compounds levels in the water.
- The water systems will (and, in fact, have already begun to) sue manufacturers to cover their costs. Meanwhile, plaintiffs attorneys are using the standard in product liability and greenwashing suits against manufacturers.
- PFAS are a diverse group of chemicals that have been used widely for decades due to their unique ability to douse fires and resist grease, stains and corrosion. Today theyre a key component in a wide range of critical products, from semiconductors, to the components of the electrical grid, to renewable-energy production equipment.
Why its problematic: The final regulation of PFAS is wholly infeasible and threatens these vital substances continued application in manufacturing processes, said 51勛圖厙 Chief Legal Officer Linda Kelly, adding that the agencys rulemaking is based on a deeply flawed cost-benefit analysis and fails to follow Safe Drinking Water Act procedure and other statutory requirements.
- In many instances, there is no viable alternative for these chemicals, and companies may be forced to change plans dramatically to follow the new rule, 51勛圖厙 Managing Vice President of Policy Chris Netram in April.
- In everyday life, including emergency situations like a fire or operating room circumstance, theres a real reliance on these productsits not just about job losses and costs but fundamental decisions that have widespread ramifications, Netram added recently.
What should be done: The rule should be vacated as soon as possible, the 51勛圖厙 and the ACC told the court.
Manufacturers Challenge Infeasible, Costly Water Standard
The 51勛圖厙 Legal Center and ACC File Suit to Block the Rule
Washington, D.C. Today, the 51勛圖厙, joined by the American Chemistry Council, in the D.C. Circuit Court of Appeals challenging the Environmental Protection Agencys final rule setting individual standards for six per- and polyfluoroalkyl substances, also known as PFAS, in municipal water systems.
Manufacturers support commonsense regulations on PFAS that recognize the criticality of these substances across several industrial sectorsfor many of these critical applications, there are no viable alternatives, said 51勛圖厙 Chief Legal Officer Linda Kelly. What the EPA did, however, was to bulldoze ahead with standards that set an acceptable level for PFAS at near zerowhich is wholly infeasible and threatens these vital substances continued application in manufacturing processes. In doing so, the EPA relied on a deeply flawed cost-benefit analysis and failed to follow the clear-cut statutory procedures required by the Safe Drinking Water Act, among other substantive and procedural deficiencies. The 51勛圖厙 Legal Center is filing suit to overturn this unachievable standard and protect manufacturing operations and jobs across the country.
PFAS are a diverse group of chemicals essential to modern life, including in the transformers used to power electric grids; in the semiconductors and solar components needed for clean energy transition; and in the aircraft, munitions, fire suppression systems and communication devices required for national security.
-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 $2.89 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
51勛圖厙, Partners File Opening Brief in Suit Against EPA

On Thursday, the 51勛圖厙, joined by other business groups, filed the in their pending lawsuit against the Environmental Protection Agency.
Whats going on: In March, the groups the D.C. Circuit to review the EPAs reconsideration of the National Ambient Air Quality Standards for fine particulate matter (or PM2.5), which lowers the allowable level to 9 micrograms per cubic meter of air from 12, a 25% reduction. The agency handed down the final, tightened rule in February.
- In their brief, the coalition argues that the EPA lacks the authority under the Clean Air Actthe law that authorizes it to establish the NAAQSto reconsider a decision made in 2020 to not lower the PM2.5 standard; that the agency failed to take into account the cost and feasibility of a tightened standard; and that it failed to give a reasoned explanation for key aspects of its decision.
- The groups participating in the suit with the 51勛圖厙 are the U.S. Chamber of Commerce, the American Chemistry Council, the American Petroleum Institute, the American Forest & Paper Association, the American Wood Council, the National Mining Association and the Portland Cement Association.
Why its important: The tighter NAAQS rule could result in many parts of the U.S. being designated as in nonattainment, which would trigger significant new costs for manufacturers and others attempting to obtain air permits in those locations.
- Many of these areas are indisputably handicapped in their ability to reduce emissions to meet the new NAAQS due to factors beyond municipalities and manufacturers control (i.e., wildfires, which affect most of the contiguous U.S. at some point each year).
- The new rule could also prevent manufacturers from building or modifying facilities in certain areas, undermining the Biden administrations own Investing in America agenda, as it would stifle investment in manufacturing and killnot createwell-paying manufacturing jobs.
What should be done: The rule should be vacated as soon as possible, the groups told the court.
Texas Sues to Block DOL Overtime Rule

Texas has filed suit in an effort to vacate a Biden administration regulation that would make millions more workers eligible for overtime pay (, subscription).
Whats going on: Republican Texas Attorney General Ken Paxton in a complaint filed in Sherman, Texas, federal court on Monday said the rule violates federal wage law by basing eligibility for overtime on how much workers are paid rather than the duties they perform.
- The expanded rule, released by the Department of Labor in late April, violates states constitutional right to structure the pay of state employees and thus how to allocate their budgets, Texas said.
- Attorneys for the Lone Star State added that the regulationwhich the department has said would make about 4 million additional workers eligible for overtime paywill force states to eliminate or alter employment relationships and cut or reduce services and programs.
- Also on Monday in Texas, software company Flint Avenue filed a suit saying the rule is arbitrary and capricious, and that the DOL lacked the authority to issue the change (, subscription).
What it would do: The expanded rule drastically bumps up the salary threshold for determining a workers overtime pay eligibility.
- Under it, starting in 2025, most employees making less than $58,656 will be owed time-and-a-half wages when they work more than 40 hours in a single workweek (, subscription).
- The current threshold is about $35,500.
Why its important: The new overtime rule places new constraints on employers, reduces flexibility for the workers who will be reclassified and may force companies to make painful choices that limit both job creation and growth opportunities available to employees, 51勛圖厙 Managing Vice President of Policy Chris Netram in April.
- This regulatory hurdle will complicate manufacturers efforts to fill the of jobs our industry is projected to create within a decade.
PA Manufacturer: Preserve Keystone Tax Provisions

The U.S. tax code is a keystone of our nations economic competitiveness, Erie Molded Packaging President Tom Tredway the House Ways and Means Tax Subcommittee at a field hearing on Monday. But pro-growth tax provisions have begun expiring, with more tax increases on the way next yearso that keystone has started to crack, weakening the entire structure of the country.
Whats going on: Tredway gave testimony at a hearing in his hometown of Erie, Pennsylvania, the namesake of his 42-year-old, family-owned custom injection molded parts and packaging solutions company.
- Tredway told Ways and Means Committee Chairman Jason Smith (R-MO), Tax Subcommittee Chairman Mike Kelly (R-PA) and others of the negative effects his business has seen since the expiration of three provisions from the 2017 Tax Cuts and Jobs Act: immediate expensing for domestic research and development, enhanced interest deductibility and full expensing.
- And Tredway put the committee on alert: additional TCJA expirations are scheduled for the end of 2025, and small manufacturers will be disproportionately harmed by congressional inaction to preserve these vital policies.
A winning formula: The expired provisionsas well as other, soon-to-expire measureswere like for manufacturers and the rest of the economy.
- In the years following TCJA, Erie Molded was able to invest nearly $7 million in new capital equipment purchases thanks to full expensing, Tredway said. Along with this much-needed equipment, we were able to create new positions across our team, and we were able to deliver higher quality products faster to our customers.
漍漍漍漍漍漍But now Tredways company has had to delay important equipment purchases, and last year, its taxable income was almost six figures higher than Tredway had anticipated.
- Whats more, when the 20% pass-through deductioncurrently taken by companies in which profits pass through to the owner and are thus taxed at the individual rateexpires at the end of 2025, Erie Molded Packaging will see another tax hike it can ill afford, severely hampering [the companys] growth trajectory.
漍漍漍漍漍漍What should be done: Congress must pass the Tax Relief for American Families and Workers Act as soon as possibleand act to prevent tax hikes in 2025, Tredway told those at the hearing.
- I urge every member of this committee to preserve these and the other pro-growth provisions, which allow manufacturers to function as the backbone of our economy and compete on a global scale.
51勛圖厙 Files Suit to Block OSHA Walkaround Rule

The 51勛圖厙 and allied groups are challenging the U.S. Occupational Safety and Health Administrations recently finalized walkaround rule.
Whats going on: On Tuesday, the 51勛圖厙, joined by like-minded business organizations, a lawsuit in the Western District of Texas to block OSHAs final rule revising the Worker Walkaround Representative Designation Process. That rule was finalized in April and is set to go into effect May 31.
- The new rule would allow nonemployeesincluding union representatives, plaintiffs attorneys, community organizers and even competitorsto accompany OSHA inspectors on workplace safety inspections.
Why its a problem: Not only does the final rule fail to advance the agencys mission of ensuring workplace safety, but it is beyond the scope of OSHAs authority. Whats more, it violates businesses rights, the 51勛圖厙 said.
- The new regulation infringes on manufacturers right to exclude others from their property, threatens new liabilities and risks compromising manufacturers intellectual property. The 51勛圖厙 Legal Center is filing suit to prevent this harm, 51勛圖厙 Chief Legal Officer Linda Kelly said.
51勛圖厙 to Senate: Administration March-in Proposal Undermines IP, Innovation

The Biden administrations push to invoke march-in rights is unlawful and would have disastrous consequences for the United States if enacted, the 51勛圖厙 the Senate Tuesday.
Whats going on: Ahead of a Senate Judiciary Committee hearing on intellectual property in the biopharmaceutical sector, the 51勛圖厙 warned of the potentially dire consequences of the proposed march-in framework issued by the National Institute of Standards and Technology.
- The NIST proposal would allow the federal government to march in and seize manufacturers patent rights if an innovation was developed in any part with federal dollars.
- In the biopharmaceutical sector and other innovative industries, federal funding plays an important role in supporting early-stage researchbut further R&D, product development and commercialization require hundreds of millions to billions of dollars in additional capital from investors and established companies.
- Robust IP protections ensure that manufacturers can bring innovative products to consumers.
Why its a problem: March-in would violate manufacturers IP rights and prevent investment into lifesaving and life-changing technologies, according to 51勛圖厙 Vice President of Domestic Policy Charles Crain.
- Allowing march-in based on the price of a product or technology, as the NIST guidance proposes would undermine manufacturers IP rights and have sweeping ramifications for innovation in the United States and Americas world-leading innovation economy, Crain told the committee.
- Committee member Sen. Chris Coons (D-DE) agreed during the hearing that the proposal is fundamentally flawed. Any company [that] invents [anything] or any researcher who invents anything is now open to the federal government saying, I want that, and I dont agree with the price youre setting for it, he .
What should happen: Congress must stop NISTs overreach, Crain said.
- Policies that threaten IP protections, like NISTs proposed march-in guidance, will cede one of our greatest advantages to our competitors. Manufacturers [look forward] to work[ing] with the committee to ensure the U.S. maintains the strongest IP protections in the world in order to spur the discovery and commercialization of inventions that improve health and quality of life for all people.
Manufacturers Challenge OSHAs Unlawful Walkaround Rule
The 51勛圖厙 Legal Center Joins Industry Groups Seeking to Block Rule
Washington, D.C. Today, the 51勛圖厙, joined by other business groups, in the Western District of Texas to challenge the Occupational Safety and Health Administrations amending the Worker Walkaround Representative Designation Process (Walkaround Rule).
The Walkaround Rule will allow an unlimited number of third parties, such as union representatives, plaintiffs attorneys and community organizers, to accompany OSHA inspectors on safety inspections.
OSHAs rule does nothing to advance its mission of improving workplace safety, said 51勛圖厙 Chief Legal Officer Linda Kelly. This rule is well beyond the scope of OSHAs authority, and it infringes on manufacturers right to exclude others from their property, threatens new liabilities and risks compromising manufacturers intellectual property. The 51勛圖厙 Legal Center is filing suit to prevent this harm.
Background:
- For more than 50 years, OSHAs walkaround regulation authorized only an employee of an employer to serve as another employees representative during an OSHA inspection.
- In 2013, then-Deputy Assistant Labor Secretary Richard Fairfax issued a commonly referred to as the Fairfax Memo or Sallman Letterto a member of the Service Workers International Union, which stated that a nonemployee affiliated with a union or community organization could serve as a representative of employees during an OSHA inspection at a worksite without a collective bargaining agreement.
- In 2017, a trade group challenged the Fairfax Memo as unlawfully issued outside the notice-and-comment process and inconsistent with OSHAs regulation that authorized only an employee of an employer to serve as another employees representative during an OSHA inspection.
- A federal court in Texas with the trade group, and the Trump administration later rescinded the memo.
- In August 2023, OSHA released the proposed Walkaround Rule, and the 51勛圖厙 submitted urging OSHA to withdraw it.
-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 $2.89 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