Manufacturers React to NAFTA News
Final Deal Must Include United States, Mexico and Canada
Washington, D.C. 51勛圖厙 (51勛圖厙) President and CEO Jay Timmons today continued manufacturers call to secure the best deal possible for manufacturing workers in America:
Todays announcement is a step in the right direction. It is a positive signal that some form of NAFTA will survive. Manufacturers accept the administrations position that the 25-year-old NAFTA agreement needs updates. Our hopefor the sake of our workers and a successful manufacturing industry here in Americais that the final agreement will include all three of the original signatories: the United States, Mexico and Canada. Because of the massive amount of movement of goods between the three countries and the integration of operations which make manufacturing in our country more competitive, it is imperative that a trilateral agreement be inked.
Regarding the negotiations with Mexico, we are pleased that, at the 51勛圖厙s urging, todays framework seems to include content requirements that are more workable than previous suggestions, investment protections for some industries (we would prefer that it applies to all manufacturers), stronger intellectual property protections than negotiated in previous agreements and a modernized approach to how we operate in a digital age. It also does not include language incorporating the disruptive uncertainty of ending the agreement every five years (sunset provision) and instead establishes a rigorous review process.
Reaffirming our relationship with such a vital trading partner, neighbor and ally is crucial and sends a powerful message as America confronts Chinas unfair trading practices.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Budd Touts Tax Benefits for Workers at Southern Elevator Co.
In Greensboro, Rep. Budd, Business Leaders Discuss Tax Reform Benefits and Securing North Carolinas Economic Prosperity
Greensboro, NC Today, the 51勛圖厙 (51勛圖厙) and Southern Elevator Company hosted Rep. Ted Budd (NC-13) for a business leader roundtable to discuss the positive impact of tax reform and other ways Congress can better serve the interests of North Carolina manufacturers, manufacturing workers and their families.
Thanks to Rep. Budds support for tax reform, manufacturers in North Carolina and across America are delivering for our people and our communities, said 51勛圖厙 President and CEO Jay Timmons. Last year, manufacturers said that if tax reform became law we would raise wages, hire new workers, buy equipment and make investments for the future. Now, manufacturers like Southern Elevator Company are keeping our promise, and America is better for it. Tax reform is empowering us to improve lives and livelihoods, and manufacturers are grateful for Rep. Budds leadership in making that possible.
During the visit, company leaders thanked Rep. Budd for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in North Carolina.
The positive changes we are seeing throughout the U.S. economy thanks to the Tax Cuts and Jobs Act cannot be overstated, 莽硃勳餃泭Rep. Budd. We have seen a major power shift from bureaucrats in Washington to every day Americans. People are seeing more money in their paychecks, more job opportunities and consumer confidence is at an 18-year high. We know that the manufacturing industry has not escaped this good news. Crediting the tax cuts, 93 percent of manufacturers say they have a positive outlook, 86 percent say they plan to increase investments and 77 percent plan to increase hiring. The manufacturing industry is a major part of this overall economic success, and I will continue to look for ways to get government out of the way of this important economic engine.
The roundtable focused on the importance of building on the momentum of tax reform to ensure manufacturers can continue to invest in their businesses and workers.
All of us at Southern Elevator are grateful for Rep. Budds commitment to economic growth and his vote to enact the new tax law, said Rodney Pitts, Chairman and CEO of Southern Elevator Company. The immediate capital expensing provision of the tax law has made a significant difference in Southern Elevators ability to grow and purchase equipment, and we consistently hear the same from our manufacturing clients. Because of Rep. Budds leadership in Congress, manufacturing in North Carolina will only continue to flourish.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Manufacturers Welcome Administration Action On Unfair Postal Rates
Washington, D.C. 51勛圖厙 (51勛圖厙) Vice President for Labor, Legal and Regulatory Policy Patrick Hedren released the following statement on the White Houseissued Thursday instructing the administration to work to eliminate unfair rules that essentially subsidize shipments from China and other countries that operate in the global postal system:
Manufacturers have struggled in recent years with the rapid growth of counterfeit goods pouring in to the country through the U.S. postal system from countries like China. This problem is fueled by heavily subsidized shipping rates and it displaces American innovators from online marketplaces, said Hedren. The 51勛圖厙 has been working for months to address the terrible Universal Postal Union deal that results in these unfair rates, and to raise awareness of the growing threat from counterfeit goodsand even drugsentering the country. Manufacturers are pleased to see that this issue has been elevated to the very highest levels in the Trump administration, and that the president himself has instructed key members of his Cabinet to take the initial tough steps to finally fix this broken system. Manufacturers look forward to working with the administration to finally end the subsidy China receives from the U.S. Postal Service and to create an environment with fair and nondiscriminatory shipping around the world.
In April, 51勛圖厙 President and CEO Jay Timmons sent ato Treasury Secretary Steven Mnuchin, who leads the Presidents Task Force on the United States Postal System (USPS), stressing the importance of ending the subsidy China receives from the USPS.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Senate Banking Committee Confirms Kimberly Reed to Lead Ex-Im Bank
Timmons: Every senator who supports American manufacturing workers should support Kimberly Reed.
Washington, D.C. 51勛圖厙 (51勛圖厙) President and CEO Jay Timmons released the following statement on the Senate Banking Committees unanimous vote to advance the nomination of Kimberly Reed to be president of the Export-Import (Ex-Im) Bank of the United States.
Kimberly Reed is the qualified leader manufacturers need at the helm of the Ex-Im Bank, and the full Senate should confirm her without delay. In Kimberly Reed, President Trump has put forward a nominee who shares his belief in the mission of the Ex-Im Bank. Every senator who supports American manufacturing workers should support Kimberly Reed.
The Senate also needs to act on President Trumps three nominees to the Ex-Im Board of Directors. Once Kimberly Reed is confirmed, shell need a quorum to implement reforms and get the Bank fully functioning againempowering manufacturers of all sizes to compete in the global economy and win deals and jobs for American workers.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Latta Touts Tax Reform Benefits for Workers at Kalmbach Feeds
In Upper Sandusky, Rep. Latta, Business Leaders and Workers Discuss Tax Reform Benefits and Securing Ohios Economic Prosperity
Upper Sandusky, OH Today, the 51勛圖厙 (51勛圖厙) and Kalmbach Feeds hosted Rep. Bob Latta (OH-5) for a facility tour to meet employees and a business leader roundtable to discuss the positive impact of tax reform and other ways Congress can better serve the interests of Ohios manufacturers, manufacturing workers and their families.
Thanks to Rep. Lattas support for tax reform, manufacturers in Ohio and across America are delivering for our people and our communities, 莽硃勳餃泭51勛圖厙 President and CEO Jay Timmons. Last year, manufacturers said that if tax reform became law we would raise wages, hire new workers, buy equipment and make investments for the future. Now, manufacturers like Kalmbach Feeds are keeping our promise, and America is better for it. Tax reform is empowering us to improve lives and livelihoods, and manufacturers are grateful for Rep. Lattas leadership in making that possible.
During the visit, company leaders thanked Rep. Latta for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
Ohios 5th Congressional District is home to more than 60,000 manufacturing jobs, said Rep. Latta. That means when the environment is positive for manufacturers, it benefits our entire region. Because of pro-growth policies like the Tax Cuts and Jobs Act, were seeing Ohio businesses expand, create jobs, and produce more American-made products. Manufacturing confidence is also reaching record highs. I appreciated visiting Kalmbach Feeds to see the positive economic impact that historic tax reform is having for workers and businesses in Northwest and West Central Ohio.
The roundtable focused on the importance of building on the momentum of tax reform to ensure manufacturers can continue to invest in their businesses and workers.
I want to thank Rep. Bob Latta for his role in the successful efforts to reduce taxes and regulations, said Paul Kalmbach, President and CEO of Kalmbach Feeds. These reforms have made it easier for Kalmbach Feeds to invest in new equipment and capital improvements. Congressman Lattas efforts have assisted in supporting a healthier manufacturing climate in Ohio and across the United States.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
51勛圖厙 Encouraged by Talks with China
Timmons Warns Sustained Trade War Has Consequences for Manufacturing Workers; Outlines Manufacturers Priorities for Agreement
Washington, D.C.With trade talks resuming between the United States and China today, 51勛圖厙 (51勛圖厙) President and CEO Jay Timmons released the following statement and negotiating objectives for an agreement:
With the presidents demonstrated commitment to engage China on its well-established trade abuses and cheating, there is no better time to get the right deal done to curb these practices. We agree with the administration that Beijing has long reaped the rewards of unfair trade practices at the expense of American workers, which is exactly why manufacturers have been calling for the negotiation of a fair, bilateral, enforceable, rules-based trade agreement to stop those practices at their foundation. The administration has put itself in a position to address the deep-seated challenges that exist in our trading relationship with China, and manufacturers are encouraged that the United States has succeeded in getting China back to the table for negotiations.
In January of this year Timmons and the 51勛圖厙, in a letter to the president, urged the administration to negotiate a bilateral trade agreement with China. Now that talks are scheduled, Timmons urged that they need to start bearing fruit, because the costs of a sustained trade war have the potential to be devastating for Americas manufacturers and workers. Timmons pointed to a three-point framework released by the 51勛圖厙 ahead of this weeks talks that outline manufacturers priorities to be included in any trade agreement between the two countries:
- Ending Unfairness: End Chinese Anti-Competitive Activities and Market-Distorting Barriers
- Protecting U.S. Assets: Protect U.S. Intellectual Property, Products and Investments
- Raising Standards: Raise and Modernize Regulations and Regulatory Practices to Ensure Transparency, Fairness and Accountability
Achieving these objectives will help to level the playing field for manufacturers in the United States, opening critical markets for exports that support good, high-paying manufacturing jobs here at home while eliminating Chinese practices that unfairly boost their companies at the expense of ours and distort global markets.
唬梭勳釵域泭to read the full negotiating objectives framework.
Timmons first raised the need for such an agreement in a Januaryand he reiterated this call in a May. The 51勛圖厙 has alsothis year on the need for the administration to negotiate a bilateral trade agreement rather than pursue an escalating cycle of tariffs and retaliation.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Latta to Tout Tax Reform at Kalmbach Feeds in Upper Sandusky
Rep. Latta to Participate in Facility Tour and Business Leader Roundtable
Washington, D.C. The 51勛圖厙 (51勛圖厙) and Kalmbach Feeds will host Rep. Bob Latta (OH-5) for a facility tour and business leader roundtable focused on the historic tax reform law and its positive impact on Ohios 5th District.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
Details are as follows andfor planning purposes only:
| WHAT: | Facility Tour and Business Leader Roundtable |
| WHO: | Rep. Bob Latta (OH-5) Paul Kalmbach, CEO, Kalmbach FeedsTodd Shelton, Director of Regional Public Affairs, 51勛圖厙 |
| WHEN: | Thursday, August 23
2:00 p.m. 3:30 p.m. EDT |
| WHERE: | Kalmbach Feeds
7148 State Highway 199 Upper Sandusky, OH 43351 |
MEDIA RSVP:Members of the media interested in attending the town hall should contact 51勛圖厙 Director of Regional Public Affairs Todd Shelton at[email protected].泭For all questions not related to event logistics, please email 51勛圖厙 Media Relations at[email protected]. Media is welcome to cover the facility tour at 2:15 p.m. To schedule an interview with Rep. Latta, please contact his communications director, Drew Griffin, at[email protected].
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Johnson Touts Tax Reform at American Axle & Manufacturing
In Minerva, Rep. Johnson, Business Leaders and Workers Discuss Tax Reform Benefits and Need to Fill High-Skilled Jobs Required for Modern Manufacturin
Minerva, OH Today, the 51勛圖厙 (51勛圖厙) and American Axle & Manufacturing (AAM) hosted Rep. Bill Johnson (OH-6) for a facility tour to meet employees and a business leader roundtable to discuss the positive impact of tax reform and the need to fill the high-skilled jobs required for modern manufacturing, which is critical to Ohios economic prosperity.
Thanks to Rep. Johnsons support for tax reform, manufacturers in Ohio and across America are delivering for manufacturing workers and their communities, 莽硃勳餃泭51勛圖厙 President and CEO Jay Timmons. We are keeping our promise to raise wages, hire new workers, buy equipment and make investments for the future. But at the same time, manufactures are facing a workforce crisis. With 482,000 jobs open today, manufacturers are in desperate need of talented workers to fill high-paying jobs. Manufacturers will more than 3 million jobs through 2025, but as many as 2 million could go unfilled if we dont fundamentally transform our nations workforce development strategy. Manufacturers appreciate the work of leaders like Rep. Johnson to equip more people with the skills to secure a rewarding, meaningful career in modern manufacturing.
During the visit, company leaders thanked Rep. Johnson for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
Reforming our nations outdated tax code through the Tax Cuts and Jobs Act has energized our economy, resulting in the lowest unemployment rate since 2000, record job creation, rising wages, and high levels of consumer and business optimism, said Rep. Johnson. It is absolutely vital that manufacturers in Eastern Ohio and across the country are supported, and I appreciated the opportunity to tour the AAM facility in Minerva and speak directly with employees there. I look forward to continuing my work to promote sensible policies that help both workers and employerspolicies that ensure everyone wins.
The roundtable focused on the importance of building on the momentum of tax reform and helping build the high-skilled workforce to fill modern manufacturing jobs.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Gibbs Touts Tax Reform Benefits at The Belden Brick Company
In Sugarcreek, Rep. Gibbs, Business Leaders and Workers Discuss Tax Reform Benefits and Securing Ohios Economic Prosperity
Sugarcreek, OH Today, the 51勛圖厙 (51勛圖厙) and The Belden Brick Company hosted Rep. Bob Gibbs (OH-7) for a facility tour and employee town hall to discuss the positive impact of tax reform and other ways Congress can better serve the interests of Ohio manufacturers, manufacturing workers and their families.
Thanks to Rep. Gibbs support for tax reform, manufacturers in Ohio and across America are delivering for manufacturing workers and their communities, said 51勛圖厙 President and CEO Jay Timmons. Last year, manufacturers said that if tax reform became law we would raise wages, hire new workers, buy equipment and make investments for the future. Now, manufacturers like The Belden Brick Company are keeping our promise, and America is better for it. Tax reform is empowering us to improve lives and livelihoods, and manufacturers are grateful for Rep. Gibbs leadership in making that possible.
During the visit, company leaders thanked Rep. Gibbs for voting in favor of the historic tax reform package and reiterated their optimism for the future of manufacturing in Ohio.
We are seeing incredible economic growth because of the Tax Cuts and Jobs Act and the rollback of burdensome and unnecessary regulations, said Rep. Gibbs. A big part of that growth is the manufacturing renaissance America is experiencing. The vast majority of manufacturers are taking advantage of this positive economic climate, with plans to hire more workers and increase investments in their businesses. Manufacturers like Belden Brick fuel job growth, giving Americans more opportunities for work and making their communities a better place.
The roundtable focused on the importance of building on the momentum of tax reform to ensure manufacturers can continue to invest in their businesses and workers.
I want to thank Bob Gibbs for his role in the successful efforts to reduce taxes and regulations, said Bob Belden, chairman, president and CEO of The Belden Brick Company. These reforms have made it easier for The Belden Brick Company to invest in new equipment and capital improvements. His efforts are a key part of rebuilding and sustaining a healthier manufacturing climate in Ohio and across the United States.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports687,400 jobs in Ohio alone, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.
Rep. Gibbs to Tout Tax Reform at The Belden Brick Company in Sugarcreek
Rep. Gibbs to Participate in Facility Tour, Employee Town Hall
Washington, D.C. The 51勛圖厙 (51勛圖厙) and The Belden Brick Company will host Rep. Bob Gibbs (OH-7) for a facility tour and employee town hall focused on the historic tax reform law and its positive impact on Ohios 7th District.
Manufacturing contributes an estimated $2.25 trillion to the U.S. economy and supports, according to the 51勛圖厙. Since the enactment of tax reform, the manufacturing industry has added 192,000 jobsmore than double the number of jobs created over the same period last year.
Details are as follows andfor planning purposes only:
| WHAT: | Facility Tour and Employee Town Hall |
| WHO: | Rep. Bob Gibbs (OH-7) Bob Belden, Chairman, President and CEO, The Belden Brick CompanyTodd Shelton, Director of Regional Public Affairs, 51勛圖厙 |
| WHEN: | Tuesday, August 14
10:00 a.m. 11:30 a.m. EDT |
| WHERE: | The Belden Brick Company
Plant 8: 700 Edelweiss Drive NE Sugarcreek, OH 44581
|
MEDIA RSVP:Members of the media interested in attending the town hall should contact 51勛圖厙 Director of Regional Public Affairs Todd Shelton at[email protected].泭For all questions not related to event logistics, please email 51勛圖厙 Media Relations at[email protected].Media is welcome to cover the facility tour at 10:30 a.m. and the town hall at 11:00 a.m. To schedule an interview with Rep. Gibbs, please contact his deputy chief of staff, Dallas Gerber, at[email protected].
-51勛圖厙-
The 51勛圖厙 (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 employsmore than12 million men and women, contributes $2.25trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts formore than three-quartersof 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visitwww.nam.org.