51勛圖厙

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Policy and Legal

Timmons Lays Out Manufacturing Priorities

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By 51勛圖厙 News Room

51勛圖厙 President and CEO Jay Timmons is on a barnstorming tour of the U.S., to raise more support among leaders for addressing supply chain challenges, creating more manufacturing jobs and making the country more resilient. He brought this message to the 2022 Arizona Manufacturing Summit in Phoenix, Arizona, yesterday.

Manufacturings strength: Im pleased to report that manufacturers are shattering expectations across the United States, said Timmons. Heres one encouraging fact: manufacturers have now recovered all the jobs the industry lost at the start of the pandemicand then some. There are more than 12.8 million people working in manufacturing And thats because were doing what weve always done. Were solving problems, were innovating and leading into the future.

Challenges ahead: Inflation has reached the highest level in decades, said Timmons. Supply chains are still strained, making it harder to move resources and products. Global instabilityespecially Russias war on Ukraineshows us its more important than ever that we secure domestic energy supplies.

  • Were facing a workforce crisis, with less than six job seekers for every ten jobs in America. And almost 70% of Americans today say the country is on the wrong track. Now, weve seen some moments of historic bipartisan action in Washington But there is so much more to be done.

Competing to Win: Timmons pointed to the 51勛圖厙s policy roadmap, Competing to Win, which offers an agenda for manufacturing competitiveness on issues including the following:

  • Taxes: We need U.S. tax policy to keep up and encourage more industrial investment here, said Timmons. So, were calling for making the 20% deduction for pass-through income permanentand expanding it. The small and medium-sized businesses here deserve confidence that they wont lose that all-important tool. And we need to fix provisions of the tax law that are making R&D and capital investment more expensive starting this tax year.
  • Trade: While were working on tax policy here at home, we also need to expand opportunities to sell our products overseas, said Timmons. Exports are part of our industrys lifeblood. That means policymakers should hold countries accountable for practices that harm manufacturers in the U.S. We should continue pursuing cutting-edge trade deals, while ensuring that the agreements already in place are delivering for our industry. And we should reject policies at international bodies like the World Trade Organization that would take away intellectual property rights.
  • Immigration: We need Congress to fix the broken, unreliable immigration system, said Timmons. Clearly, we need border security, and we need more avenues for people to come legally and work. Its critical to our economic competitivenessand consistent with our values.

The way forward: It can be disheartening to know that so many Americans dont believe the country is on the right track, said Timmons. But a focus on policygetting things done, rather than blaming each othercan change that. And manufacturers are positioned to lead. The work we do to create jobs and to improve the quality of life is essential, and we cant let up. We wont let up.

News

Manufacturers Call for Repeal of Anti-Competitive R&D Tax Policy

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By 51勛圖厙 News Room

This story can also be found within the 51勛圖厙s R&D action center.

In an industry where technology and processes can change quickly, manufacturers in the United States must be able to invest, grow and maintain their edge against foreign competitors. At a time when China is providing extensive support for its manufacturing industry, the 51勛圖厙 is pushing to ensure that the men and women who make things in America have the tools they need to succeed.

The challenge: Right now, Chinas tax policies offer significant incentives for research and development. For example, China a super deduction for manufacturers performing R&D by allowing them to deduct 200% of their R&D expenses. This policy makes it more attractive for manufacturers in China to invest in innovationand to out-compete manufacturers in the United States.

The comparison: Meanwhile, U.S. manufacturers, who drive more innovation than any other sector, face a harmful tax change that if not reversed will hurt jobs, innovation and competitiveness.

  • Up until January 2022, a business in the United States could deduct 100% of their R&D expenses in the year during which those expenses occurred.
  • But a change in the tax code that took effect this year now requires businesses to spread those deductions over a period of yearsthe so-called amortization requirementmaking investment in innovation more expensive to conduct.

Recent action: This week, the 51勛圖厙 rallied the business community to Congress to repeal the recent tax change, so that businesses can continue to innovate, bolster the economy and create well-paying jobs.

  • Failing to reverse this change will cost well-paying jobs and reduce future innovation-directed R&D, according to the 51勛圖厙s letter, which was signed by more than 400 companies and business organizations.
  • Requiring the amortization of research expenses will reduce R&D spending and lead to a loss of more than 20,000 R&D jobs in the first five years with the number of lost jobs rising to nearly 60,000 over the following five years. Moreover, when accounting for the spillover effect from R&D spending, nearly three times as many jobs will be affected.
  • At a time of increasingly fierce global competition for research dollars, this change will make it harder for the next R&D dollar to be spent in the U.S. which will ultimately hurt future U.S. competitiveness.

What were saying: Research and development is the lifeblood of manufacturing, said 51勛圖厙 Senior Director of Tax Policy David Eiselsberg. It is what drives innovation, competitiveness, economic growth and the creation of high-paying jobs. But that is all at risk unless Congress quickly acts to repeal the harmful change in the tax treatment of R&D expenses.

Finer point: If Congress and the administration do nothing, small manufacturers will face a huge tax increase at the end of the year, 51勛圖厙 Executive Vice President Erin Streeter warned. This will have a crippling effectand were mobilizing support at the 51勛圖厙 across the industry to get another hard-fought priority done.

Workforce

Creators Wanted Lends a Helping Hand in S.C.

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By 51勛圖厙 News Room


Last week was a milestone for the Tourit marked the first time the nationwide initiative returned to a community and got to see how perceptions of manufacturing had changed since its first visit.

Welcome back: The Tour, a joint venture of the 51勛圖厙 and its workforce development and education partner, The Manufacturing Institute, returned to host and champion sponsor Nephron Pharmaceuticals Corporation in West Columbia, South Carolina, in the 11th stop of the roadshow, which took place Oct. 47.

Happy MFG Day! On MFG Day, Oct. 7, Creators Wanted campaign co-chair Lou Kennedy, president, CEO and owner of Nephron Pharmaceuticals Corporation, and her team hosted the tour stops at its new Nephron Nitrile Glove Factory. The 426,000-square-foot facility is scheduled to open next month and will produce nitrile gloves used in hospitals and sterile rooms globally.

  • The protective-glove shortage in the U.S. during the pandemic inspired Kennedy to build the factory, which is set to produce 2 million gloves a year at full capacity.
  • South Carolina legislators from both sides of the political aisle were on hand for a tour of the site. House Democratic Majority Whip James Clyburn and Republican Reps. Joe Wilson and Jeff Duncan joined hundreds of local students, educators, community leaders and manufacturers to view and learn more about the campaign and its resources.


Ready for the boom: There is a manufacturing boom taking place all over the country, Majority Whip Clyburn said. Weve got to focus on getting these young people prepared for manufacturing careers.

  • As Rep. Wilson said, The opportunities for manufacturing just cant be better.
  • 401(k), great salaryaverage wage of 75 to 80Kclean and beautiful working conditions and hard work with a lot of fun, Kennedy said of jobs at Nephron, while extolling opportunities at modern manufacturers across the state and in nearby communities.
  • Major Creators Wanted supporters Honda and Trane Technologies also have operations in the Palmetto State, and , including Chroma Color Corporation, are within a short distance of West Columbia.

More career guidance: Students seeking tailored advice about their professional futures got it from representatives of FactoryFix, official recruiting partner of Creators Wanted, who were on hand to meet and coach job seekers.

  • South Carolina Chamber of Commerce President and CEO Bob Morgan, whose organization is a tour partner, was on site with his team to give students information on manufacturing opportunities in South Carolina.
  • On Friday, Creators Wanted sponsor Autos Drive America had an exhibit showing attendees the types of vehicles being manufactured in South Carolina.

Women in manufacturing: During a panel on the tour stop, Kennedy was joined by Autos Drive America President and CEO Jennifer Safavian and MI President Carolyn Lee to discuss the importance of advancing more women in manufacturing.

  • Growing up here in the deep south 20, 30 years ago, we were supposed to be teachers or nurses; we werent supposed to be pharma CEOs, Kennedy said. And so, my goal is to help every young lady be what she wants to be, even if its the nontraditional career path. If you want to be a super-genius chemist, you can do that. If you want to be a super-genius engineer, you can do that.
  • Echoed Safavian, I think the message [of Creators Wanted] is, Dont be afraid to ask questions. Dont be afraid to try something. For women especially, this is a terrific opportunity. A lot of people think manufacturing is dark, dirty, dangerous. It is not. it is the complete opposite.

Calling all veterans: Modern manufacturing is also a natural fit for those who have been in the military, speakers told the audience during another .

  • I started at Nephron as a senior system analyst, and throughout my career everything that I was faced with at Nephron Id already seen in the military, said Air Force veteran Eric Jackson, now a senior IT security analyst at Nephron. So, I think the [military] training is what prepared me for this job.


The reach: The South Columbia 2022 tour stop, made possible by additional support from Dow, Honda and Nephron Pharmaceuticals, was a record breaker.

  • More than 700 students from 13 schoolsmost located in traditionally underrepresented communitiesparticipated in the tour stops events. Last year, those numbers were 500 and seven, respectively.
  • This years West Columbia email signupspeople wishing to learn more about manufacturing careersbrought Creators Wanteds total signups to more than 520,000.

The last word: The tour stop may have been best summarized by one young student who attended the events. Creators Wanted, she said, is a .

Workforce

Creators Wanted Inspires Students in Tennessee

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By 51勛圖厙 News Room

If youre a student or job seeker looking for tailored career guidance combined with some hands-on, immersive fun, White House, Tennessee, was the place for you to be last week.

National impact: The Creators Wanted Tour, a joint project by the 51勛圖厙 and MI, made its 10th national tour stop at White House Heritage High School on Sept. 2729.

  • There, more than 700 students from four schools in Tennessees Robertson County went through the Creators Wanted mobile immersive experience, the award-winning, manufacturing-themed escape roomlike activity in which participants work together to solve challenges in a race to the future.
  • They also got the opportunity to chat with on-site sponsor representatives from Electrolux, Schneider Electric and FactoryFix about the many rewarding, well-paying career paths available in the industry.
  • Local partners, including the Robertson County Economic Development Board, the Tennessee Chamber of Commerce & Industry and the Tennessee Manufacturers Association, were also on hand to answer jobs- and manufacturing-related questions.

Calling all creators: During the Tennessee stops premier event, speakers underscored the need for more skilled workers to fill the millions of open manufacturing jobs in the U.S.

  • Here in Tennessee, our industry has more jobs to fill than there are people looking for them, Tennessee Chamber of Commerce & Industry and Tennessee Manufacturers Association President and CEO Bradley Jackson said.
  • Speaking from firsthand experience about the many benefits of choosing one of those jobs was Tony Fraley, a plant manager for Electrolux. Im living proof of the great career opportunities in the field of advanced manufacturing, said Fraley, who started at the company running a process that coats dishwasher racks.
  • I grew up about two hours from here in a small town very similar to White House, he continued. I always liked math and science. I hope that stories like [mine] inspire the next generation of workers to consider a career thats not only been good to me, but also offers a strong opportunity to earn a family-sustaining wage in a high-demand field.

The numbers: The Tennessee stop resulted in more than 52,000 email signups from people interested in learning more about manufacturing careers.

An eye-opener: Students had a great time at last weeks eventsand were pleasantly surprised to learn just how many interesting options manufacturing could offer them.

  • Creators Wanted made me excited about my future, said one student.
  • Added another, Creators Wanted made me think more about my future in manufacturing.

The last word: Its past time for manufacturing careers to get their due as the gratifying professions they are, according to the Creators Wanted Spotlight panelists (and manufacturing company employees).

  • Manufacturing is definitely very rewarding [from a salary standpoint] but also the lifestyle that you get to have, said Schneider Electric Manufacturing Engineer Zoie McFarland. I get to go boating every weekend. I get to go hiking. I travel a lot. Also, I was able to buy a house at 25. So, I think that is one major benefitthe lifestyle [manufacturing] gives you and the benefits that come from it.
Business Operations

New 51勛圖厙 Board Members to Bolster Manufacturing Competitiveness

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By 51勛圖厙 News Room

The 51勛圖厙 is constantly working to support and strengthen the men and women who make things in America. That mission is upheld by outstanding members of the 51勛圖厙 Board of Directors and their commitment to promoting the industrys competitiveness on the global stagea goal laid out in the 51勛圖厙s agenda.

Welcoming new faces: A number of new members have been elected to the board and will begin their two-year terms in January. They come from many sectors of the industry and companies both large and small, holding an array of leadership roles and boasting a wide range of experience. All of them are dedicated to ensuring that manufacturers in the U.S. have the tools they need to prosper.

The new members include the following:

  • Edward Blair, president, Lutron Electronics Co., Inc.
  • Sara Beth Burton, senior vice president, global supply chain, Hallmark Cards, Inc.
  • Richard Cammarano, president and chief executive officer, Tech-Etch, Incorporated
  • Karl Ehemann, vice president, global manufacturing and quality, Corning Incorporated
  • Ed Elkins, executive vice president and chief marketing officer, Norfolk Southern Corporation
  • Cynthia Farrer, senior vice president, global operations and integrated supply chain, Allegion plc
  • Aimee Gregg, vice president and general manager, containerboard and recycling, International Paper
  • John Hartner, founder, Digital Industrialist LLC
  • Christopher Kastner, president and chief executive officer, Huntington Ingalls Industries
  • Ram Krishnan, executive vice president and chief operating officer, Emerson
  • Reece Kurtenbach, chief executive officer and president, Daktronics, Inc.
  • Rose Lee, president and chief executive officer, Cornerstone Building Brands
  • Thomas Long, co-chief executive officer, Energy Transfer LP
  • Michael McGarry, chairman and chief executive officer, PPG
  • Lori Miles-Olund, president, Miles Fiberglass & Composites, Inc.
  • Christopher Perkins, president North America and senior vice president Taste & Beyond North America, Firmenich, Inc.
  • Kimberly Ryan, president and chief executive officer, Hillenbrand, Inc.
  • Karin Shanahan, executive vice president, global product development and supply, Bristol-Myers Squibb Company
  • Matt Shields, senior vice president, global animal health manufacturing, Merck & Co., Inc.
  • Sachin Shivaram, chief executive officer, Wisconsin Aluminum Foundry
  • Shruti Singhal, chief executive officer, Chroma Color Corporation
  • Mark Smucker, president and chief executive officer, The J.M. Smucker Company
  • Matt Wood, national industry leader, commercial products practice, FORVIS
  • Brent Yeagy, president and chief executive officer, Wabash
  • Ren矇e Zemljak, executive vice president, midstream, marketing & fundamentals, Ovintiv USA Inc.

What we’re saying:泭The diverse backgrounds of our new board members, and their varied experience across many manufacturing sectors, make their counsel invaluable to the 51勛圖厙 in its efforts to bolster the industrys competitiveness, said 51勛圖厙 Chief of Staff Alyssa Shooshan. We are counting on their insights and dedication to help steer manufacturers through this turbulent time and into a position of even greater strength.

Policy and Legal

51勛圖厙 Achieves Victory in Proxy Suit

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By 51勛圖厙 News Room

The 51勛圖厙 notched a significant legal victory yesterday when a federal judge vacated the Securities and Exchange Commissions suspension of a 2020 rule regulating proxy advisory firms.

The background: Proxy firms advise institutional investors on how to vote their shares in publicly traded companies, but those firms have long been unregulated and unaccountable.

  • In 2020, in large part through the advocacy of the 51勛圖厙, the SEC finalized a rule increasing oversight of these firmsbut in 2021, the SECs new leadership announced that the agency would not enforce the rule.
  • Suspending the rule without public notice and comment was a violation of administrative lawand the 51勛圖厙 stepped up to challenge this circumvention of the Administrative Procedure Act in court.

The win: Yesterday, the 51勛圖厙 won its case against the SEC in the U.S. District Court for the Western District of Texas. The decision makes clear that the SEC acted unlawfully by suspending the compliance date for the proxy firm rule without following the notice-and-comment procedures required under the APA.

  • As the court said in its , [agencies] do not have the inherent power to stay or delay a final rule absent notice-and-comment rulemaking.

Whats next: The 51勛圖厙 has also filed suit against the SECs 2022 rescission of critical components of the 2020 rule. That case is still ongoing, with oral arguments scheduled for Decemberbut this weeks decision ensures that the SEC will not be able to re-suspend the 2020 rule if the 51勛圖厙 is successful in its challenge to the rescission.

Our take: Todays decision is a victory for the rule of law, and the 51勛圖厙 Legal Center was proud to lead this effort for the industry, said 51勛圖厙 Chief Legal Officer Linda Kelly. Federal agencies are bound by the Administrative Procedure Actstandards the SEC failed to meet by indefinitely delaying the compliance date for the 2020 proxy firm rule without notice-and-comment rulemaking. Manufacturers depend on regulators to promulgate and enforce reliable rules of the road, and the 51勛圖厙 looks forward to similarly holding the SEC to account in our ongoing case against the agencys unlawful rescission of the 2020 rule.

Business Operations

Manufacturers Help Hurricane-Hit Communities

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By 51勛圖厙 News Room

Hurricane Ians devastating landfall in Florida Wednesday afternoon marked the second significant storm to hit the U.S. and territories in less than two weeks. But as is usually the case when catastrophe strikes, manufacturers are already among those leading the charge to help the communities affected.

Manufacturers mobilize: In Puerto Rico, where approximately one-third of all residents following Hurricane Fiona Sept. 18, manufacturers including Dow, UPS, Coca-Cola, Ecolab and Toyota are funding product donations across the island through 51勛圖厙 partners and .

Whats happening: These 51勛圖厙 partner organizations are providing on-the-ground updates and working to get products where theyre needed most. Items of greatest need include:

  • Solar-powered power generators;
  • Nonperishable foods and ready-to-eat meals;
  • Mold remediation products;
  • Oxygen tanks;
  • Hygiene kits and supplies;
  • Drinking water;
  • New clothing; and
  • School supplies.

Meanwhile, the work is just beginning in Florida to respond to Hurricane Ian, with anticipated items including drinking water, nonperishable foods, hygiene kits, tarps, blankets and mold remediation products.

51勛圖厙 in action: The 51勛圖厙s Emergency Response Committee is an employee-led, volunteer group that works year-round with nonprofit partners, including , and , to provide 51勛圖厙 members with disaster-preparedness resources and training.

  • These resources, which include e-learning modules, fact sheets and webinars, enable manufacturers to support their employees ahead of, during and in the aftermath of disasters.
  • The 51勛圖厙s ERC also helps manufacturers activate to aid their communities when disaster strikesand it works to identify and highlight members that are leading this critical work.

Be prepared: In a泭webinar泭sponsored by the 51勛圖厙s ERC, Amanda Gallina, SBP community engagement manager, and Matt Woodruff, vice president of public and government affairs for Texas-based tank barge operator Kirby Corporation, gave their suggestions for hurricane preparation.

For businesses:泭Woodruff provided some commonsense advice for employers:

  • Have a plan: Have a hurricane-preparedness plan and ensure that all employees understand泭itbefore hurricane season starts.
  • Make a list: Create a checklist泭of tasks泭that must be done during the season, starting with the first day.
  • Set up: Create and offer remote work sites泭for affected communities and employees.
  • Support: Provide support泭to the families of employees who live in disaster-hit areas.

The last word:泭The 51勛圖厙 stands ready to provide resources and support for its manufacturing members and the communities in which they operate in all conditions, said 51勛圖厙 Director of Member and Board Relations Isabelle Powell.

  • We urge members to contact their membership directors with questions on how to better prepare their team or support people in their communities.

For more information on manufacturer disaster preparedness or to be added to the 51勛圖厙s ERC mailing list, please email泭[email protected].

Policy and Legal

51勛圖厙 Competes to Win on Taxes

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By 51勛圖厙 News Room

The 51勛圖厙 is leading the way forward on a range of policies to help boost innovation, opportunity and competitiveness for manufacturers in the United Statesand that includes tax policies that ensure manufacturers can continue to compete and win.

The record: During tax reform, the 51勛圖厙 achieved its key prioritiesa lower corporate income tax rate, a reduced tax burden on pass-through business income, the adoption of a modern territorial tax system, the retention of the R&D tax credit and the adoption of incentives for capital equipment purchases.

  • Thanks to a more competitive tax code, manufacturers across America have been investing in jobs, facilities and their communities.

The road ahead: Of course, the 51勛圖厙 isnt taking its eye off the ball. We are committed to protecting our gains and furthering progressand that means ensuring the tax code continues to incentivize manufacturers ability to invest in innovation and growth. Were focusing on three important tax priorities in the months ahead.

Research and development: On Jan. 1 of this year, a harmful tax change went into effect that makes R&D more expensive in the United States by requiring businesses to deduct their R&D expenses over a period of years.

  • The 51勛圖厙 has been leading the charge to ensure the tax code continues to support innovation by allowing businesses to fully deduct their R&D expenses in the year in which they are incurred. Check out these companystories泭on the importance of tax policies that support R&D.

Interest deductibility: When manufacturers borrow funds to buy capital equipment, the interest they pay on those loans is tax deductible up to a certain limit. But a recent change in the tax law modified how that limit is calculatedshrinking the deduction, making debt financing more expensive and leaving less capital for job creation and investment.

  • The U.S. is the only OECD country with such a strict interest limitation, so the 51勛圖厙 is working with members of both parties in Congress to reverse the new limit calculation and enhance manufacturers ability to compete. Read more about the 51勛圖厙s work on this provision here.

Full expensing: Under present law, manufacturers can deduct 100% of their investments in assets with long useful lives, supporting their ability to acquire vital equipment and strengthening their competitiveness. However, the ability to deduct 100% of these costs begins to phase down at the beginning of 2023 and is set to completely expire in 2027.

  • The 51勛圖厙 is leading the business community in advocating for full expensing permanency, joining with members of Congress to support legislation that would create certainty for manufacturers. See how full expensing has benefited small manufacturers in the United States here.

The last word: The 51勛圖厙 is fighting to protect manufacturers across the country, said 51勛圖厙 Senior Director of Tax Policy David Eiselsberg. Protecting R&D, interest deductibility and full expensing will provide the tax certainty necessary for manufacturers to continue to invest in jobs and growth.

Learn more: Check out the 51勛圖厙s full tax agenda in Competing to Win.

Workforce

Second Chance Hiring Works For Union Pacific

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By 51勛圖厙 News Room

Finding and keeping a job can be challenging for people with criminal records. These jobseekers face exclusionary business practices and logistical obstacles, which result in an unemployment rate for this population that is five times higher than the general US public. To minimize this inequality, The Manufacturing Institutethe workforce development and education partner of the 51勛圖厙has joined with Union Pacific to expand candidate pools and bring more outstanding individuals into the manufacturing industry.

A second chance:泭Union Pacific began working on the second chance initiative last year, and the results have already proven fruitful.

  • In 2022, the company launched a pilot program with local community organizations in Houston to eliminate barriers to employment for the formerly incarcerated and helped ensure the long-term success of these second chance candidates.
  • In its first three months, the program brought in nearly 100 new applications and created positive relationships and support systems.

The steps to success: The Union Pacific team that three components were critical to helping candidates find jobs and succeed:

  • First, companies interested in hiring such candidates must update their own hiring practices and rethink potential barriers for otherwise qualified candidateswhether that means adjusting onerous required credentials or background checks.
  • Second, partnerships and strong relationships with local community partners can help ensure that these candidates have the support they need to be successful. Tools like the MIs helped Union Pacific find partners that fit well with their goals.
  • Third, establishing pilot initiatives in high-demand markets can help a company learn about best practices that can be replicated elsewhere. Plus, sharing experiences with other employers can help additional companies find success.

Expanding the program: Union Pacific’s current focus involves bringing the Second Chance initiative to new markets across the country to replicate the pilot program results.

  • Everyone I speak with about our success in Houston wants to know how we can take this model and multiply, said Union Pacific Talent Acquisition Manager Ken Kawamura.

Leaders in the field:泭With the success of this initiative, Union Pacific has become an industry leader in establishing inclusionary hiring practices and building community partnerships. The company hopes to help establish second chance programs throughout the country.

  • The Manufacturing Institute has been a critical partner in this work, providing information and resources necessary to its success.
  • The MI is committed to supporting members in the pursuit of effective Second Chance initiatives, said MI Vice President of Workforce Solutions Gardner Carrick. Our goal is to leverage those learnings and strategies across the manufacturing industry to expand talent and opportunity in the sector.

The last word:泭Union Pacifics primary goal in pioneering this initiative is to build a more equitable workforce for all employees.

  • In our eyes, once you are a part of Union Pacific, you are no different than any other employee, regardless of your background, said Senior Director of Talent Acquisition Dan Culbertson.
Workforce

Manufacturing Offers Many Debt-Free Careers

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The manufacturing industry has had more than 2.6 million job openings nationally in 2022 alreadya workforce shortage that shows little signs of slowing. Meanwhile, half of all those available jobs dont require a four-year college degree or the debt that goes with it.

This week, President Biden new measures providing student debt relief to many eligible Americans. Yet the manufacturing industry helps young people avoid this problem in the first place, while also offering them salaries far above the national average.

Manufacturing Institute President Carolyn Lee weighed in on the advantages available to young people looking to make a strong entry into the workforce, instead of suffering under debt that makes it more difficult to start a family, purchase a first home and achieve other major life milestones. Heres what she had to say.

How it works: Manufacturers often offer short-term certifications or other training programs that allow people to jump into high-paying careers quickly and without debt, Lee explains.

  • There are multiple pathways to career opportunities in manufacturing through skills training, ranging from short-term programs to more involved skills development and apprenticeship programs, says Lee.
  • For example, the Federation for Advanced Manufacturing Education (FAME) program (founded by Toyota and operated by the MI) offers current and aspiring manufacturing workers both on-the-job training and classroom education. The program leads to an associate degree and an Advanced Manufacturing Technician (AMT) certificate.
  • Manufacturers work with FAMEs local chapters in part because they allow companies to use a global best system to train the skilled workforce they need to compete.

The numbers: The data show that manufacturing is a good choice for those inclined to avoid debt, Lee points out.

  • As noted above, there have been more than 2.6 million manufacturing job openings so far in 2022, but just 47% of those job openings (about 1.2 million) require a bachelors degree or greater.
  • Meanwhile, manufacturing workers in 2020 earned $92,832 on average (compared to an average of $77,181 for workers in all private nonfarm industries).

What can policymakers do? To ensure that manufacturing training programs continue to expand and succeed, policymakers should make certain changes, says Lee.

  • For example, Pell Grants should be usable for high-quality training programs as short as eight weeksoften all that is needed to train a technician.
  • Policymakers should also ensure that our education system focuses on skills attainment for career success, and that teachers and other influencers are aware of opportunities offered by pathways other than four-year degree programs.

#CreatorsWanted: The 51勛圖厙 and the MI have taken this message to communities across the country through the Creators Wanted campaigns tour and mobile experience. Tens of thousands of students, parents, educators and local leaders have attended the tour stops, where they learned about the promise of manufacturing careers and were challenged to think like manufacturers in the interactive mobile experience.

  • As Lee told students at the Creators Wanted stop in Freeport, Texas, Without a steady stream of talented, bright young people we cant keep up the good work of continuously making our products. This is not a get-one-job-and-stay-there-for-40-years [situation]. This is a choose-your-own-adventure [career path] with continuing skills and challenges and opportunities and learning along the way.

The last word: We understand how oppressive student debt can be, especially when starting out in life, said Lee. More people should be able to get a rewarding and well-paying job that doesnt require massive debt that takes a lifetime to pay off. This is one of the reasons we work so hard to make sure young people know about the variety of options available to them in manufacturing careers; its not just for the industrys benefit, but for theirs as well.

If youd like to hear more about careers in manufacturing, come to one of the many happening this October.

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