Manufacturers: CHIPS-Plus Act Will Deliver a Powerful Boost to Manufacturers Competitiveness
Timmons: Its encouraging to see this Congress once again come together in a bipartisan way to make critical investments in our industrys competitive
Washington, D.C. Following the Senates passage of the CHIPS-Plus Act, 51勛圖厙 President and CEO Jay Timmons released the following statement:
The CHIPS-Plus Act will deliver a powerful boost to manufacturers competitiveness. Manufacturers across all sectors rely on access to chips, so this bill will help strengthen American supply chains thanks to its investments in domestic semiconductor productionas well as its funding for programs to support the STEM workforce, advanced technology development, excavation of critical minerals, clean energy and more. Manufacturers have worked with lawmakers for more than a year to advance many provisions of this bill, and we urge the House to pass it as quickly as possible and get it to President Bidens desk.
CHIPS-Plus should only be the beginning, however. We will continue advocating policies needed to beat back economic headwinds such as inflation and supply chain disruption. And we will work with Congress to move quickly on policies from the U.S. Innovation and Competition Act and the America COMPETES Act that were left out of CHIPS-Plus, such as anti-counterfeiting measures, important trade provisions and further investments in supply chain resilience and workforce development.
Its encouraging to see this Congress once again come together in a bipartisan way to make critical investments in our industrys competitiveness and our countrys future. Manufacturers look forward to building on this progress. This and future China competition legislation will help us to innovate, create jobs, expand domestic operations and grow the U.S. economy for years to come.
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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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Illinois Manufacturers Association Wins Inaugural COSMA Leadership Award
San Diego, California For their work to attract and maintain the manufacturing workforce, the Illinois Manufacturers Association won the 2022 Leadership Award from the Conference of State Manufacturers Associations. COSMA members also serve as the 51勛圖厙s official state partners and drive manufacturers priorities on state issues, mobilize local communities and help move federal policy from the ground up in all 50 states and Puerto Rico.
I am so pleased to present the inaugural COSMA Leadership Award to the Illinois Manufacturers Association, said Kris Johnson, president of the Association of Washington Business and chair of COSMA. These are challenging times, but manufacturers in America have demonstrated once again, as they have throughout our nations history, that they are equal to the challenge. All manufacturers should be proud of the role they have played in navigating the pandemic, and the Illinois Manufacturers Association should be especially proud of the innovative ways it has helped its members address the workforce challenges we have all faced. Congratulations to my friend Mark Denzler and his talented team.
The associations recent achievements included its $7 million Manufacturing Jobs Campaign aimed at attracting students, veterans, communities of color, women, ex-offenders and other individuals to the manufacturing sector. They were also asked by Governor JB Pritzker to co-chair the states Equipment Task Force during the pandemic and appointed by Chicago Mayor Lori Lightfoot to lead the B2B Recovery Group that included manufacturing, transportation and warehousing, construction and utilities companies in the state.
Mark is more than an inspirational colleague and true friend. He is an amazing representative for Illinois manufacturing workers on the national stage, said 51勛圖厙 President and CEO Jay Timmons. At a time when there are more than 800,000 open jobs in our industry, we need the efforts of groups like the IMA to help us find that next generation of talent and strengthen manufacturing competitiveness so that we can continue to lead our economy and our country toward a better future.
In this inaugural year, the COSMA Leadership Award drew many extraordinary applications, each demonstrating how manufacturing associations across the country are rising to meet workforce and supply chain challenges in new and innovative ways.
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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 Launches Six-Figure Television Ad Campaign Opposing Reconciliation
51勛圖厙 Urges Senate to Vote No on Government Price Controls That Harm Manufacturers
Washington, D.C. The 51勛圖厙 has launched a six-figure broadcast and cable television advertising campaign ahead of a potential reconciliation bill that threatens manufacturing innovation and competitiveness. The campaign calls on senators to oppose government price controls that would undermine the development of lifesaving medicines and the livelihoods of manufacturing workers across America who deliver them.
Government price-setting schemes that undermine our ongoing work to develop lifesaving cures to diseases like cancer and Alzheimers and respond to health crises are never the answer, said 51勛圖厙 President and CEO Jay Timmons. At a time when manufacturers are already facing extraordinary economic pressures, the Senate should be focused on bolstering our industrys competitiveness, not undermining it. We are calling on senators to vote no on reconciliation and stand with manufacturers and the hardworking Americans who are integral to battling this pandemic and discovering future cures.
To view the latest television ad, click .
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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 .
Manufacturers Sue SEC on Proxy Rule Rescission
The SEC has failed to provide any substantive justification for its dramatic about-face
Washington, D.C. The 51勛圖厙 filed a in federal court today challenging the Securities and Exchange Commissions rescission of critical components of its 2020 rule on proxy advisory firms. Following the submission, 51勛圖厙 Chief Legal Officer Linda Kelly released the following statement:
The SEC has failed to provide any substantive justification for its dramatic about-face. Manufacturers depend on federal agencies to provide reliable rules of the road, and the SECs arbitrary actions to rescind this commonsense regulation clearly violate its obligations under the Administrative Procedure Act. The 51勛圖厙 Legal Center is filing suit to preserve the 2020 rule in full and protect manufacturers from proxy advisory firms outsized influence.
Background:
The 51勛圖厙 has long called for increased oversight of proxy advisory firms. In July 2020, the SEC issued final regulations to enhance transparency and accountability for proxy firms, a move 51勛圖厙 President and CEO Jay Timmonsa long-sought, major win for the industry and millions of manufacturing workers. In October 2020, the 51勛圖厙a motion to intervene inISS v. SEC(ISSs attempt to overturn the rule) in support of these reforms. A summary judgment hearing in ISS v. SEC is scheduled for July 29, 2022.
In June 2021, the SEC announced that it was suspending enforcement of the 2020 rule; the 51勛圖厙concern about the agencys efforts to bypass the required notice-and-comment process to keep this lawfully issued rule on ice indefinitely. The 51勛圖厙later against the SEC in October 2021 challenging this unlawful suspension. The Western District of Texas in 51勛圖厙 v. SEC on May 25, 2022; we await the courts opinion.
In November 2021, the SEC proposed to rescind critical portions of the 2020 rule, a proposal the 51勛圖厙deeply troubling. The SEC finalized its rescission rule in July 2022, a move that Timmons epitomizes arbitrary and capricious rulemaking.
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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 .
Manufacturers Urge Reversal of Mexicos Unfair Energy Policies
Washington, D.C. Following the Office of the U.S. Trade Representatives announcement that the U.S. has requested consultations under the U.S.MexicoCanada Agreement over Mexicos energy policies, 51勛圖厙 Vice President of International Economic Affairs Ken Monahan released the following statement:
This bold action from the Biden administration and Ambassador Katherine Tai is critical to stemming measures implemented and proposed by the government of Mexico that contradict the letter and spirit of the USMCA and undermine the rule of law in Mexico.
Energy and electric power generation measures implemented by Mexico have favored dramatically the interests of Mexicos state-owned electrical utility and state-owned oil and gas company. This adds costs for manufacturers that rely on existing contracts with energy suppliers and makes it harder for them to meet long-term sustainability goals in Mexico, while also slowing the deployment of renewable energy in Mexico.
Manufacturers welcome the news that the U.S. has requested dispute settlement consultations with Mexico under the USMCA. We stand ready to work with USTR to quickly reverse Mexicos unfair energy policies and to address the many other industry challenges in Mexico.
Background:
On June 30, 51勛圖厙 President and CEO Jay Timmons for President Biden a wide range of market access, regulatory and other commercial challenges in Mexico faced by manufacturers. Timmons underscored that failure to prioritize enforcement of these commercial challenges will undermine the long-term credibility of the USMCA.
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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.
Manufacturers Back Chips Bill, Call for Further Action from Congress
Timmons: A vote for the CHIPS Act funding is a vote for a stronger, more competitive manufacturing industry in America.
Washington, D.C. Ahead of consideration of legislation to bolster U.S. semiconductor manufacturing, 51勛圖厙 President and CEO Jay Timmons released the following statement:
A vote for the CHIPS Act funding is a vote for a stronger, more competitive manufacturing industry in America. But if Congress fails to pass this investment in the coming days, they will hand other countries a competitive advantage and weaken our own economy at a precarious moment.
Other provisions of the China competition bill still under negotiation also need to make it to the presidents desk, and manufacturers firmly support their inclusion in this package. We will continue our advocacy for the anti-counterfeiting measures, trade provisions, supply chain investments and more. Congress must get those done.
This week, we can take a powerful step forward with chips funding and move toward a future where semiconductor shortagesand the disruptions theyve createdare a thing of the past. Other nations are not waiting around to ramp up semiconductor manufacturing. America should be leading, not falling behind.
Background:
According to the 51勛圖厙s latest Manufacturers Outlook Survey, more than 88% of respondents said it was important for the federal government to take steps to support the domestic manufacturing sector in the face of increased global competition for industrial investment, with nearly 58% saying very important and 30.7% saying somewhat important. When asked about what aspects of the China competition legislation were most important for supporting manufacturing activity, the top choices were addressing port congestion and competition issues in ocean shipping (70.9%), eliminating ill-conceived labor provisions that facilitate unionization campaigns (61.3%), strengthening U.S. leadership in energy innovation and competitiveness (58.2%), funding to increase domestic semiconductor production capacity (57.9%), investments to support the critical minerals supply chain (55.7%) and ensuring the tax code provides a full deduction for research expenses (48.3%), among others.
-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 more than 12.8 million men and women, contributes $2.77 trillion to the U.S. economy annually and accounts for 58% 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.
Manufacturers to Sue SEC on Proxy Advisory Firm Rule
The SEC has offered no justification for abandoning a decades worth of bipartisan, consensus-driven policymaking
Washington, D.C. Following the Securities and Exchange Commissions announcement that it is rescinding critical reforms designed to protect publicly traded manufacturers and their investors from unregulated and unaccountable proxy advisory firms, 51勛圖厙 President and CEO Jay Timmons released the following statement:
The SEC has offered no justification for abandoning a decades worth of bipartisan, consensus-driven policymaking. This move will undoubtedly harm the competitiveness of publicly traded manufacturers, and it will hurt Main Street investors. The SEC’s decision to change course without allowing the 2020 rule to take effect and be fairly evaluated epitomizes arbitrary and capricious rulemaking. The 51勛圖厙 will be filing suit in the coming weeks to preserve the 2020 rules commonsense reforms and protect manufacturers from proxy advisory firms outsized influence.
Background:
The 51勛圖厙 has long called for increased oversight of proxy advisory firms. In July 2020, the SEC issued final regulations to enhance transparency and accountability for proxy firms, a move Timmons a long-sought, major win for the industry and millions of manufacturing workers. In October 2020, the 51勛圖厙 a motion to intervene in ISS v. SEC (ISSs attempt to overturn the rule) in support of these reforms.
In June 2021, the SEC announced that it was suspending enforcement of the 2020 rule; the 51勛圖厙 concern about the agencys efforts to bypass the required notice-and-comment process to keep this lawfully issued rule on ice indefinitely. The 51勛圖厙 against the SEC in October 2021 challenging this unlawful suspension. Oral arguments in 51勛圖厙 v. SEC in May 2022.
In November 2021, the SEC proposed to rescind critical portions of the 2020 rule, a move the 51勛圖厙 deeply troubling. The 51勛圖厙 opposing the recission proposal in December 2021.
-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 more than 12.7 million men and women, contributes $2.71 trillion to the U.S. economy annually and accounts for 58% 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 .
Dow Doubles Commitment to $2 Million for Manufacturings Largest Workforce Campaign
Investment Will Enable Creators Wanted to Build on Its Historic Impact in More Communities Across the Country
MIDLAND, Mich. Dow, the 51勛圖厙 and The Manufacturing Institute announced today that Dow has committed an additional $1million to the Creators Wanted campaign. This new pledge is on top of the $1million Dow has already contributed to the 51勛圖厙 and the MIs campaign designed to educate, inspire and empower the next generation of manufacturers.
Dows latest financial contribution ensures Creators Wanted can continue to recruit new manufacturers online and in person throughout 2022, bringing the experience to thousands of additional students, parents, career mentors and community leaders nationwide. Creators Wanted will make its next public stop at the Ladies Professional Golf Associations Dow Great Lakes Bay Invitational July 1316, bringing the experience to thousands of tournament goers and students.
It is now more important than ever to invest in Americas future manufacturing workforce, said Dow Chairman and CEO and 51勛圖厙 Board Chair Jim Fitterling. Not only does the fate of U.S. manufacturing competitiveness rest in significant part on our ability to build the future workforce, but we also have an opportunity to lift up more people with the promise and possibility of manufacturing careers. Dow is proud to invest an additional $1million in the 51勛圖厙 and MIs Creators Wanted campaign. Weve already been able to inspire thousands of students through Creators Wanted and look forward to bringing this experience to Midland and other communities moving forward.
In addition to the upcoming Creators Wanted activation at GLBI, Dows new round of support will bring the mobile experience to several more cities, including Chicago, Columbia, South Carolina, and Baton Rouge, Louisiana, among others, throughout fall 2022 and into spring 2023. This capitalizes on the momentum from Dows previous contribution that helped bring Creators Wanted to six U.S. citiesColumbus, Ohio; Columbia, South Carolina; Pella, Iowa; Charlotte, North Carolina; Fort Worth, Texas; and Freeport, Texasfor its inaugural fall 2021 tour.
Manufacturing in the United States today has more than 900,000 open jobs. By 2025, Creators Wanted aims to recruit 600,000 new manufacturers; increase the number of students enrolling in technical and vocational schools or reskilling programs by 25%; and increase the positive perception of the industry among parents and career mentors. The campaign features a first-of-its-kind traveling immersive experience and jobs tour, which has brought together more than 5,000 students in person and recruited more than 200,000 students and career mentors to learn more about modern manufacturing careers after only seven brief stops.
Dows unwavering commitment to manufacturing and Creators Wanted will allow us to do more to tackle the critical need for workers now and reach into more local communities to educate teachers, parents and other career mentors and students about rewarding careers in modern manufacturing, said 51勛圖厙 President and CEO and MI Board Chair Jay Timmons. The 51勛圖厙 is proud to announce our continued and strong partnership with Dow to strengthen U.S. manufacturing competitiveness and build the American manufacturing workforce of tomorrow.
The campaign is also underpinned by sustained workforce development and education initiatives at the MI, targeting youth, veterans, women and other underrepresented communities throughout the country.
The MI is grateful to Dow whose support bolsters our ability to achieve a critical component of our missionto attract and develop world-class manufacturing talent, saidMI President Carolyn Lee.With Dows support, the MI can expand our reach, furthering our opportunities to educate the next generation of manufacturers on the lucrative and fulfilling careers that exist in modern manufacturing for people of all backgrounds and interests.
Through the campaign, the 51勛圖厙 seeks to continue its mission to remediate common misperceptions about careers in manufacturing and provide resources and opportunities that will help reduce the skills gap and improve lives.
For more information on the campaign, visit and view results from previous tour stops.
-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 more than 12.7 million men and women, contributes $2.71 trillion to the U.S. economy annually and accounts for 58% 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.
-The Manufacturing Institute-
The MI grows and supports the manufacturing industrys skilled workers for the advancement of modern manufacturing. The MIs diverse initiatives support all workers in America, including women, veterans and students, through skills training programs, community building and the advancement of their career in manufacturing. As the workforce development and education partner of the 51勛圖厙, the MI is a trusted adviser to manufacturers, equipping them with resources necessary to solve the industrys toughest challenges. For more information on the MI, please visit .
-Dow-
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visitor followon Twitter.
North American Manufacturing Industry Statement on the Two-Year Anniversary of the United StatesMexicoCanada Agreement
Washington, D.C. The leading organizations representing manufacturers and millions of manufacturing workers in the United States, Mexico and Canada released the following statement on the two-year anniversary of the United StatesMexicoCanada Agreement (USMCA/T-MEC/CUSMA):
On this two-year anniversary, we recognize the substantial value that this agreement and the North American Free Trade Agreement have represented for our industrys competitiveness, our economies and North American workers. Manufacturing is critical for the entire North American economy. Our closely integrated supply chains contribute more than $3 trillion annually to the North American economy, and more than $2 billion worth of manufactured goods cross our borders each day.
The USMCA can only reach its full potential if it is fully implemented in a manner that upholds its letter and spirit. That is why manufacturers across North America continue to strongly and respectfully urge political leaders to work together to live up to the commitments of the agreement, which garnered broad support in all three countries. Full compliance with the agreement will provide certainty for the more than 23 million manufacturing workers in the United States, Mexico and Canada and boost our regions ability to compete with the rest of the world.
The Canadian Manufacturers & Exporters (CME), the Confederation of Industrial Chambers of Mexico (CONCAMIN) and the 51勛圖厙 (51勛圖厙) reiterate our longstanding commitment to engage with the Canadian, Mexican and U.S. governments to ensure that the USMCA/T-MEC/CUSMA is fully implemented and that it supports our industrys competitiveness and our workers at this critical time for our economies.
Background: Earlier this week 51勛圖厙 President and CEO Jay Timmons about certain challenges in U.S.-Mexico trade relations.
-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 more than 12.7 million men and women, contributes $2.71 trillion to the U.S. economy annually and accounts for 58% 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.
-CME-
Canadian Manufacturers & Exporters (CME) is Canada’s largest trade and industry association, and the voice of manufacturing and global business in Canada. CME directly represents more than 10,000 leading companies nationwide. As Canada’s leading business network, CME through various initiatives, including the establishment of the Canadian Manufacturing Coalition touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business, and service-related industries.
-CONCAMIN-
The Confederation of Industrial Chambers of the United Mexican States, CONCAMIN, established in 1918, is the main organization representing the different industrial sectors and activities of high importance for the economic development of Mexico. The National Confederation of Industrial Chambers, is by law a mandatory consultative body of the State since its creation 104 years ago, it represents 118 Chambers and Associations.
It generates 48 out of every 100 formal jobs in the country. Through 1.2 million Economic Units, we contribute 40% of the GDP and 90% of the country’s exports.
Manufacturers: Courts Decision Affirms EPAs Authority to Issue Appropriate Greenhouse Gas Regulations
Washington, D.C. Following the Supreme Courts 63 decision in West Virginia vs. EPA, 51勛圖厙 President and CEO Jay Timmons released the following statement:
Manufacturers share a deep commitment to protecting our planet and our people, and manufacturing innovation holds the key to solving the generational challenge of climate change. The courts decision affirms the Environmental Protection Agencys authority to issue appropriate greenhouse gas regulations while providing a reminder that the agency must stay within the guardrails delegated by Congress. As some of the largest electricity consumers and as electricity generators, manufacturers are ready to work with the EPA to deliver innovative and balanced solutions that protect our environment and our competitiveness as it considers next steps.
Background: Earlier this week, the 51勛圖厙 along with 42 state partners sent President Biden a highlighting the importance of affordable, reliable electricity for manufacturers to remain competitive. It signals manufacturers eagerness to work with policymakers on the important decisions and planning surrounding the future of the electrical grid and broader energy policy.
-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 more than 12.7 million men and women, contributes $2.71 trillion to the U.S. economy annually and accounts for 58% 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