51勛圖厙

Press Releases

Press Releases

Manufacturing Associations Descend on Capitol Hill to Press for Renewal of Miscellaneous Tariff Bill

Washington, D.C. Yesterday, the 51勛圖厙, American Chemistry Council and CropLife America, along with representatives from 16 manufacturing companies and other business and agriculture groups, joined together to meet with 17 congressional offices, including 15 lawmakers and staff on the House Ways and Means Committee, urging immediate action to renew the Miscellaneous Tariff Bill.

Manufacturers in the U.S. cannot afford this direct economic hit and need action to be taken as soon as possible. Passing MTB legislation will increase competitiveness, spur growth and support the success of manufacturers, farmers, businesses, workers, consumers and communities throughout the U.S., said the 51勛圖厙.

The American Chemistry Council and our members support the renewal of the Miscellaneous Tariff Bill. The MTB would support advanced manufacturing in the United States and domestic chemical production used to make products in key agriculture and food production and industrial sectors, including information technology, renewable energy and automotive goods.

The passage of a Miscellaneous Tariff Bill that is fully retroactive would help maintain farmers access to the essential pesticide products they need to grow food for the U.S. and the world. A renewed MTB would mean lower input prices resulting in decreased price pressures for U.S. farmers, ranchers and consumers, said CropLife America.

The previous MTB expired in December 2020, and since then, manufacturers and other businesses continue to pay $1.3 million per day in tariffsthat amounts to $1.5 billion over three years that should and can be invested in job creation and innovation.

-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 $2.85 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 www.nam.org.

-CropLife America-

Established in 1933, CropLife America () represents the developers, manufacturers, formulators, and distributors of plant science solutions for agriculture and pest management in the United States. CropLife Americas member companies produce, sell, and distribute virtually all the necessary and vital pesticide and biotechnology products used by American farmers. CLA can be found on Twitter at @CropLifeAmerica.

-American Chemistry Council-

The American Chemistry Councils mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care簧; Foster the development of sustainability practices throughout ACC member companies; and Communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life.Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainablyfor generations to come.

Contact us with questions or requests

[email protected]

Press Releases

Jennifer Abril to Chair 51勛圖厙s Council of Manufacturing Associations

Washington, D.C. The 51勛圖厙 announced new 2024 leadership for its Council of Manufacturing Associations at the CMA 2024 Winter Leadership Conference. Jennifer Abril, president and CEO of the Society of Chemical Manufacturers & Affiliates, will serve as chair, and Alison Bodor, president and CEO of the American Frozen Food Institute, will serve as vice chair.

The CMAs mission is to demonstrate the vital importance of manufacturing to the American economy,said Abril. In collaboration with the 51勛圖厙, the CMAs member associations will advocate for job creation, investment and innovation in American manufacturing. The strength and weight of the CMAs voice is unparalleled, and I am honored to serve as the champion for our collective industries resilience and growth.

Made up of more than 200 industry-specific manufacturing associations representing 130,000 companies worldwide, the CMA creates powerful partnerships across the industry, working with the 51勛圖厙 to unite the manufacturing association community, and ultimately the broader business community, around strategies for increased manufacturing job creation, investment and innovation in America.

Jennifer and Alison have been instrumental to the success of the CMA, particularly in pushing back against an onslaught of unsustainable regulations that would crush President Bidens goal of growing manufacturing in the United States, said 51勛圖厙 President and CEO Jay Timmons. We are confident that they will work in their expanded roles to amplify manufacturers voices and further position our industry for global leadership.

Abril has led SOCMA since 2016. Prior to that, she served as the president of the International Fragrance Association, North America and held leadership positions at the American Chemistry Council. She previously served as CMA vice chair.

Newly appointed 2024 CMA board members include the following:

  • Stephen Kaminski, president and CEO, National Propane Gas Association
  • Kelly Mariotti, president and CEO, Association of Home Appliance Manufacturers
  • Ellen Thorp, executive director, EPDM Roofing Association

-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 $2.85 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

ICYMI: House Members Urge Passage of Critical Manufacturing Tax Policies

Washington, D.C. Following a series of speeches on the House floor calling for swift passage of legislation that will restore pro-growth manufacturing tax policies, 51勛圖厙 Managing Vice President of Policy Chris Netram released the following statement:

House and Senate tax leaders reaching a bipartisan agreement on key manufacturing priorities is a positive developmentbut it is only a critical first step. Now the whole of Congress must approve legislation that restores immediate R&D expensing, a pro-growth interest deductibility standard and full expensing for capital investments. Every day that they fail to act makes it more difficult for manufacturers to drive innovation and investment and hampers our ability to create jobs and raise wages in the United States.

Below are select remarks from congressional members on the importance of restoring pro-growth tax policies.

:

Since the beginning of 2022, businesses have been required to spread out or amortize R&D expenses. Since amortization took place, the growth rate of R&D spending has slowed dramatically, from 6.6% on average over the previous six years to less than one half of 1% over the last 12 months.

The time to address R&D amortization was at the end of 2021. The next best time is now. We need to pass R&D immediate expensing for the American people and our U.S. economy.

:

Last year, the U.K. announced its commitment to make permanent its pro-growth policy for full expensing. The U.S. should be looking to do the same to remain competitive in the global marketplace…. This is more than just an economic issue. This is a national security issue.

How can we expect to compete with China when it is more expensive to invest, innovate and grow here in the United States of America?

:

It is imperative that we make the TCJA permanent. For example, if we cement the Tax Cuts and Jobs Act, we can reverse the current limitation on the deductibility of interest payments on business loans that will save over 850,000 American jobs.

Another example is in research and development. While it was once a paid expense, R&D is now a cost that many small businesses cannot afford. China is subsidizing their R&D costs, giving them a huge advantage over the United States. Modernization and national security shouldnt suffer because of an elapsed tax change. Our tax code should work for American workers and businesses and not against them.

-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 $2.85 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

Research, Innovation and Technology

Manufacturers Launch Seven-Figure Ad Campaign Opposing Biden Administrations March-In Proposal

Washington, D.C. The 51勛圖厙 has launched a seven-figure television and digital advertising campaign opposing the Biden Administrations new proposal that would allow the government to march in and seize the rights to groundbreaking innovations developed by manufacturers.

This radical new proposal is a major threat to manufacturers in America and counter to the presidents goals of growing the sector, said 51勛圖厙 President and CEO Jay Timmons. Empowering the government to march in and seize the rights to private-sector patents and technologies threatens American innovation and R&D, putting millions of well-paying manufacturing jobs at risk. Policymakers must protect manufacturers intellectual property rights and stop this government overreach.

To view the latest television ad, .

-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 $2.75 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

Congressional Inaction on Tax Priorities Holds Small and Medium-Sized Manufacturers Optimism Near Pandemic Lows

Eighty-nine percent say higher tax burdens would make it more difficult to hire, invest or expand facilities

Washington, D.C. The 51勛圖厙 released its Manufacturers Outlook Survey for the fourth quarter of 2023, showing that small companies with fewer than 50 employees and medium-sized firms with between 50 and 499 employees, which make up a vast majority of the sector, continued to have historically lower levels of optimism with 65.9% and 63.0% positivity rates in Q4, respectively.

Its clear that Congress failure to enact pro-growth tax policies to support innovation and investment before year-end is affecting the manufacturing outlook, said 51勛圖厙 President and CEO Jay Timmons. Combined with the ongoing regulatory onslaught from the Biden administration, were facing economic headwinds that threaten all of the bipartisan wins achieved in recent years.

Overall, 66.2% of respondents felt either somewhat or very positive about their companys outlook, edging up slightly from 65.1% in the third quarter. It was the fifth straight reading below the historical average of 74.8%.

The 51勛圖厙 has been urging Congress to swiftly restore three critical manufacturing tax policies: immediate R&D expensing, a pro-growth interest deductibility standard and full expensing (100% accelerated depreciation). These competitive tax policies are critical to empowering manufacturers to grow their operations, hire more workers, increase wages, expand facilities and invest for the future.

Key Survey Findings:

  • Eighty-nine percent of respondents said higher tax burdens on manufacturing activities would make it more difficult to expand their workforce, invest in new equipment or expand facilities.
  • Workforce challenges also continue to dominate the sector, with more than 71% of manufacturers citing the inability to attract and retain employees as their top primary challenge.
  • A weaker domestic economy and sales for manufactured products (63.7%), an unfavorable business climate (61.1%) and rising health care and insurance costs (59.8%) are also impacting manufacturing optimism.

You can learn more at the 51勛圖厙s online tax action center here.

The 51勛圖厙 releases these results to the public each quarter. Further information on the survey is available here.

-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 $2.75 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

Manufacturers: New Hydrogen Tax Credit Regulations Fail to Incentivize Growth and Investment

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement in response to new proposed regulations on the Clean Hydrogen Production Tax Credit:

The hydrogen tax credit has the potential to be the worlds strongest tool to build a hydrogen economy, but the Treasury Department proposal would impose so many hurdles to qualifying for the credit that the Biden administration will be left unable to achieve some of its top economic and environmental goals. Manufacturers are deeply disappointed with todays announcement.

Hydrogen is vital to reducing carbon emissions and to energy security efforts. If these regulations are put into place, America will lose out on job-creating investments across the country. To incentivize truly transformative growth in the necessary infrastructure to produce, transport and use hydrogen, the Biden administration should finalize a flexible credit that rejects additional requirements that were not included in the original legislation. And to realize the full potential of Inflation Reduction Act provisions, the CHIPS and Science Act and more, permitting reform must be a top priority in the new year.

Background: The 51勛圖厙 has been urging the Treasury Department to create a flexible credit that rejects additionality and time matching provisions and provides a mechanism that supports carbon capture. More information on the 51勛圖厙s advocacy and the impact of these tax credit provisions can be found here.

-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 $2.75 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

51勛圖厙 Statement on Southern Border Closures

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on U.S. Customs and Border Protections closure of two critical rail ports in Texas:

Each day that rail operations at Eagle Pass and El Paso are suspended, more Americanjobs are put at risk. Snarling supply chains in this way could throw manufacturing production into disarray. Mexico is the United States largest trading partner, which means this shutdown threatens to inject serious uncertainty into the economy heading into the New Year.

Manufacturers support CBP in their mission to protect national security, but stifling trade between the U.S. and Mexico is a direct threat to our economic competitiveness. It is not the solution to immigration challenges, but it does wrongly punish those who are not at fault. The 51勛圖厙 will continue working with the White House, CBP and leaders in the House and Senate to swiftly reopen the rail ports. This is yet another painful consequence of our broken immigration system, and our leaders need to recognize the urgency of fixingthat system. Manufacturers are focused on solutions that uphold our laws and strengthen our 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 $2.91 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

New Study: Right-to-Repair Stifles Innovation, Threatens Consumer Safety

Washington, D.C. The 51勛圖厙 released a new , The Economic Downsides of Right-to-Repair, which highlights the cost to the environment, consumer safety and manufacturing innovation of providing unfettered access to complex software and components in manufactured goods. The study analyzes the wide range of unintended and potentially harmful consequences of right-to-repair legislation.

The study finds that instituting right-to-repair polices directly counteracts many federal laws put in place to protect both manufactures and consumers. The study states that, bypassing the proper channels for repair will come at a steep cost to quality, performance, consumer safety, the environment and the broader U.S. economy.

Notably, right-to-repair policies could seriously disrupt original equipment manufacturers supply chains, which would leave many consumersespecially in rural communitieswithout a reliable and efficient place to get a repair. This could increase costs for customers significantly, as delays in placing equipment back in service directly affect a businesss bottom line, the study warns. The study further highlights an Environmental Protection Agency estimate that more than 500,000 tons of excess emissions have entered the atmosphere since 2009 due to operators disabling or modifying emission controls in vehicles across multiple industries.

For decades, manufacturing innovation has created new products and technologies that improve modern life, said 51勛圖厙 Managing Vice President of Policy Chris Netram. Unfortunately, so called right-to-repair policies would threaten these programs, resulting in harm to the environment and putting Americans data and safety at risk.

Background: In 2021, President Joe Biden signed an executive order encouraging the Federal Trade Commission to enact policies limiting OEMs ability to prevent nonauthorized entities from performing certain repairs. The 51勛圖厙 submitted to the FTC, calling right-to-repair legislation a, solution in search of a problem. As of 2023, New York, Minnesota and Colorado have enacted right-to-repair legislation, and 23 other states have also considered legislation that would force manufacturers to provide direct access to replacement parts, grant unfettered access to the central processor and further limit their ability to constrain what consumers can do with their product.

-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 $2.91 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

Timmons: Justice OConnor Earned the Respect of a Grateful Nation for a Firm Commitment to Our Constitution, the Rule Of Law and Our American Values of Individual Liberty and Equal Opportunity

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on the passing of Supreme Court Justice Sandra Day OConnor:

After her ascension to the Supreme Court earned her a place in history, Justice OConnor earned the respect of a grateful nation for a firm commitment to our Constitution, the rule of law and our American values of individual liberty and equal opportunity. The barrier-breaking first woman on the Supreme Court inspired generations with what President Reagan once described as those unique qualities of temperament, fairness, intellectual capacity and devotion to the public good. It was the honor of a lifetime to interview her onstage at an 51勛圖厙 board meeting, and I realized very quickly that you could not sit down with Justice OConnor without getting a proper grilling in return and being put in your place with a few well-placed zingers. When I asked her to tell us about a difficult case, she quipped, Why would you ask a question like that? They were all difficult, of course, or they wouldnt have come before the Supreme Court!

Justice OConnor continued her commitment to public service even in retirement, spearheading efforts to strengthen civics education in our schools. As we mourn her passing and celebrate her legacy, the best way to honor her would be to continue advancing her mission. As she once said in a commencement address, If we focus our energies on sharing ideas, finding solutions and using what is right with America to remedy what is wrong with it, we can make a difference. Sandra Day OConnor certainly made a difference that will reverberate through the centuries. Manufacturers extend our deepest condolences to her family and loved ones.

-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 $2.91 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 www.nam.org.

Press Releases

51勛圖厙: Rosalynn Carter Will Be Remembered for a Life of Service

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on the passing of former First Lady Rosalynn Carter:

Rosalynn Carter will be remembered for a life of serviceto our country and our world and in particular those who were too easily overlooked. As a First Lady who helped redefine the role, she was a champion for mental health care. And in the more than four decades since her family left the White House and redefined the post-presidency, her leadership at the Carter Center promoted peace and advanced humanitarian causes, including saving lives by eradicating diseases and strengthening democracy through monitoring elections. In Plains, Georgia, she and President Carter, with their trademark warmth and kindness, continued setting an example for all with a partnership that prioritized family and faith. The 51勛圖厙 extends our condolences to President Carter and to the entire Carter family.

-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 $2.91 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

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