51勛圖厙

Press Releases

Press Releases

Manufacturers: America Deserves Long-Term Energy Security

Washington, D.C. Following President Joe Bidens order to release 1 million barrels of oil per day from the Strategic Petroleum Reserve and to secure American production of critical materials, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Manufacturers are encouraged to see President Bidens continued focus on taming inflation and addressing the energy concerns stoked by Vladimir Putins war on Ukraine and supply chain disruptions around the world.

Manufacturers strongly support President Bidens actions to secure American production of critical minerals and materials. This has the potential to be a game-changer, not only for developing clean energy but also for other uses that will help to address the supply chain challenges precipitated by the COVID-19 pandemic and further compounded by the war in Ukraine. Yesterday, I also met with Commerce Secretary Raimondo, Australian Trade Minister Tehan and leading manufacturers to discuss strategies for supporting critical mineral supply chains. Manufacturers know there is not a quick solution, and we need more of this type of bold, collaborative, long-term leadership to strengthen our energy security.

The release from the Strategic Petroleum Reserve may provide relief at a time when manufacturers and American families are all coping with higher energy prices, but this is only a very temporary fix. It doesnt deliver the long-term energy security that America deservesthe confidence that comes from producing more energy from all sources here in the United States.

Manufacturers are pleased to hear the President call for increasing domestic oil and gas production and are counting on him to follow through on his support. However, the use it or lose it provision may sound catchy and even be well-intentioned, but it fundamentally misunderstands the way that energy exploration, extraction and production works in reality. It would instead undermine our ability to produce American energy.

We remain committed to working with the administration and leaders in both parties to help lead America through these ongoing crisesand deliver for the American people.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

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Press Releases

Manufacturers: Climate Disclosures Must Be Tailored and Targeted

Washington, D.C. Following the release of a proposed rule by the U.S. Securities and Exchange Commission on climate disclosures, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Manufacturers support key disclosures related to publicly traded companies climate strategies, as this information can help shareholders make informed decisions. However, broad, sweeping disclosures could be counterproductiverequiring manufacturers to waste time and resources reporting irrelevant information that will not be decision-useful for shareholders. The SEC should focus on requiring disclosure of material information, and the 51勛圖厙 looks forward to working with the SEC to ensure that its proposed climate reporting rule enables smart, company-specific disclosures that are tailored and targeted.

Manufacturers are proudly leading on climate solutions. After all, it is manufacturers that make the products and technologies needed to face this generational challengeclean energy, carbon capture, batteries, microgrids, advanced vehicles and more. And through our policy proposal, The Promise Ahead, the 51勛圖厙 has offered lawmakers a guide for achieving climate solutions alongside economic growth. Especially at this time of global turbulence and supply chain disruptions, our actions must allow for an all-of-the-above approach to safeguarding Americas energy security.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

 

Press Releases

Supply Chain, Rising Raw Material Costs and Workforce Shortages Top Concerns for Manufacturers

Washington, D.C. The 51勛圖厙 released its Q1 2022 Manufacturers Outlook Survey, which shows manufacturers significant concerns around inflation, hiring and potential tax increases. The 51勛圖厙 conducted the survey Feb. 1125, 2022.

Key Findings:

  • 88.1% of respondents cited supply chain challenges as a primary business challenge in the first quarter, 85.7% cited increased raw material costs, and 79.0% cited the inability to attract and retain a quality workforce.
  • 88.6% of respondents said their company would find it more difficult to expand their workforce, invest in new equipment or expand facilities if the tax burden on income from manufacturing activities increased.
  • 89.4% had unfilled positions within their companies for which they were struggling to find qualified applicants.

“The humanitarian crisis and economic disruptions of Russias war on Ukraine, as well as the resulting sanctions that manufacturers fully support, will exacerbate these supply chain challenges and could impact energy costs even more as we move into the second quarter.泭Were looking to policymakers to take bold action, while manufacturers do everything in our power to help the nation and world persevere through another crisis,” said 51勛圖厙 President and CEO Jay Timmons.

“Federal leaders should give energy manufacturers the tools to ramp up production here at home and improve our energy security. At the same time, we need Congress to finish the China competition bill to increase domestic semiconductor production and bolster supply chains, among other manufacturing priorities. Any discussion of raising taxes on manufacturers will create uncertainty and make it difficult to invest, hire and expand, hurting the broader economy.

“Although job growth last year rose at the best pace since 1994, and wage growth is now at a 40-year high, the survey shows workforce shortages are still a major challenge. Thats why the 51勛圖厙 and The Manufacturing Institute continue leading our industry-wide Creators Wanted campaignto inspire, educate and empower the manufacturing workforce of today and tomorrow.”

While manufacturers remain mostly optimistic in their economic outlook (88.8%, up from 86.8% in Q4), the survey was conducted prior to the Russian invasion of Ukraine.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Manufacturers Urge Caution on EPA Good Neighbor Plan

51勛圖厙: While the intent of this proposal is right and one that we share, it could have significant effects on American families

Washington, D.C. Following the Environmental Protection Agencys release of its Good Neighbor Plan to expand regulation of interstate transport of air emissions that affect downwind states ability to attain and maintain National Ambient Air Quality Standards, 51勛圖厙 Senior Vice President of Policy and Government Relations Aric Newhouse released the following statement:

Manufacturers are committed to clean air and healthy communities. We have taken the initiative to operate in cleaner, more sustainable ways, and we are proud of our record. Our Promise Ahead proposal offers numerous ideas on how we can continue to improve our environment and address climate change.

While the intent of this proposal is right and one that we share, it could have significant effects on American families if not thoughtfully implemented. At a time when our supply chains are snarled, inflation is skyrocketing and Russias war on Ukraine continues, we must be careful with regulations that could further raise prices on all Americans, slow economic growth and threaten jobs.

We will work with the EPA to ensure these new rules can achieve shared goals in a constructive way that will not have unintended consequences and ripple effects throughout our economy and communities. We look forward to sharing our innovation, technology and supply chain expertise to do so.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Manufacturers Reject Political Ploy Geared Toward U.S. Energy Companies

Geared Toward U.S. Energy Companies Timmons: Policymakers should be singularly focused on saving the people of Ukraine

Washington, D.C. Following Sen. Elizabeth Warrens (D-MA) calls for a new tax targeting Americas energy companies shortly after the new sanctions on Russian energy imports, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Our country is sacrificing to save the Ukrainian people, and this is a blatant political ploy to exploit a crisis to enact an extremist agenda. American policymakers should be singularly focused on saving the people of Ukraine and ending a dictators expansionist ambitions, instead of attacking American businesses that are doing all we can to support our governments efforts to bring about peace.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Manufacturers United in Support of Ukrainian People

51勛圖厙 Board Denounces Russian Aggression; Supports Sanctions, Calls for WTO Removal

Washington, D.C. 泭In the wake of the Russian invasion of Ukraine, the 51勛圖厙 Board of Directors unanimously voted to denounce Russias invasion of Ukraine and to stand with the people of Ukraine in their fight to preserve freedom and independence. The resolution expressed support for the economic and financial sanctions implemented against Russia and called for the removal of the Russian Federation from the World Trade Organization and termination of permanent normalized trading relationship status with the United States.

Manufacturers have a proud history of standing firm in support of democracy, and we stand with the Ukrainian people. The free world must come together to denounce the unprovoked Russian aggression, save lives and end the humanitarian crisis unfolding before our eyes, said 51勛圖厙 President and CEO Jay Timmons. Ending the conflict is also critical to protecting livelihoods in America and around the world. Manufacturers are already feeling the serious economic disruption, which jeopardizes the jobs of Americas manufacturing workers.

The 51勛圖厙 supports the efforts of the Biden administration and bipartisan congressional leaders to sanction Russia, and we support further economic sanctions.

The 51勛圖厙 Board is speaking clearly today to support the bipartisan effort to hold Russia accountable and bring peace to Ukraine, while reaffirming our commitment to safeguarding democracy and democratic institutions not only here at home, but also abroad.

Resolution: Whereas Ukraine is a sovereign democracy and constitutional republic that was invaded in an unprovoked act of aggression ordered by Russian President Vladimir Putin;

Whereas the unrelenting attacks on humanity have caused needless loss of life, unacceptable human suffering, a devastating refugee crisis, widespread destruction and significant economic disruption;

Whereas manufacturers in America have a proud history of supporting and defending democracy, including serving as the Arsenal of Democracy and mobilizing to free the world from tyranny and fascism in two world wars;

Whereas the Ukrainian people are standing strong against a violent aggressor, and their future is directly dependent upon the united actions of the free world and those who revere democracy;

Whereas the failure to end this aggression could have profound global ramifications, including further attacks on other democracies and destabilizing effects in Europe and around the world, as Russia continues its ambitious expansionism;

Whereas the continued disruption of global commerce harms manufacturers in America and the industrys stability, threatens our ability to deliver essential products for the American people and the world and thereby jeopardizes the jobs of American manufacturing workers; and

Whereas the 51勛圖厙 advances the values of free enterprise, competitiveness, individual liberty and equal opportunity, as enshrined by this board in our policy documents, and those values cannot flourish in the absence of democracy;

Be it resolved that the Board of Directors of the 51勛圖厙, at its March 8, 2022, meeting, joins world leaders in denouncing Russias invasion of Ukraine; stands with the people of Ukraine in their fight to preserve freedom and independence; supports the economic and financial sanctions implemented against Russia; supports additional economic sanctions, including a ban on the importation of energy products, removal of the Russian Federation from the World Trade Organization and termination of permanent normalized trading relationship status; supports the efforts of U.S. leaders and the international community to reestablish peace; and reaffirms the commitment of this association and our industry to sustaining and safeguarding democracy and democratic institutions not only here at home, but also abroad.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Manufacturers Unveil Landmark Campaign to Close Gender Gap in Workforce

The Manufacturing Institute Launches 35x30 Initiative to Add 500,000 Women to Manufacturing Workforce by 2030

WASHINGTON, D.C. The Manufacturing Institute, the workforce development and education partner of the 51勛圖厙, announced their 35×30 Womens campaign, an ambitious, industry-wide effort to close the gender gap in manufacturing.

By 2030, the 35×30 campaign will work to close the skills and talent gap in manufacturing by adding half a million women to the industry, increasing womens representation in manufacturing from 29% today to 35%. The campaign will also lead a nationwide movement designed to change perceptions by engaging face-to-face with emerging leaders and young women students, leveraging more than 1,000 women mentors and collaborating with manufacturers on strategies to attract and retain female talent and broaden the pipeline by supporting women throughout their education.

For nine months in a row now, manufacturers have had more 800,000 open jobs, and we cant make meaningful progress toward filling those jobs without closing the gender gap, said MI President Carolyn Lee. The 35×30 campaign is an unprecedented plan to strengthen our workforce and build the talent pipeline. We are thrilled to see the industry unite and recognize the power of women in the workforce. This initiative will help many women of all ages find their way into a successful, rewarding career in modern manufacturing, and I can think of no better day to make this announcement than on International Womens Day.

The biggest challenge facing manufacturers continues to be the growing workforce crisis. Studies show that manufacturers can close the skills gap by 50% by bringing 10% more women into the industry. Women account for about half of the U.S. labor force but represent less than one-third of the manufacturing workforce.

As part of the campaign, the MI announced an initial sponsorship of $250,000 from Arconic Foundation to support programs and activities in 2022 and beyond. The MI also recognized Stewards of the 35×30 campaign, stressing their support in narrowing the gender gap facing manufacturing in America.35×30 Campaign Stewards include:

  • Ryan Kish, President and Treasurer, Arconic Foundation
  • Dee Dee Fultz, GM of Assembly, Harley-Davidson Motor Company
  • Erika Peterman, Senior Vice President, Chemical Intermediates, North America, BASF
  • Courtney Silver, President, Ketchie Inc
  • Keira Lombardo, Chief Administrative Officer, Smithfield Foods

The 35×30 campaign will add to the MIs ongoing work to bring women into the manufacturing workforce. Launched in 2012, the STEP Womens Initiative is the nations marquee program to close the gender gap in manufacturing. STEP consists of the STEP Ahead Awards and professional leadership development program as well as regional STEP Forward events throughout the year. The initiative works to foster a 21st-century manufacturing workforce by elevating and inspiring women in the manufacturing industry through recognition, research and leadership, as well as by motivating alumnae to pay it forward by mentoring the next generation. to learn more about the 35 x 30 campaign.

-The MI-

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 .

Press Releases

51勛圖厙 Honors Nephron CEO Lou Kennedy for Extraordinary Commitment to Manufacturing in America

Scottsdale, AZ The 51勛圖厙 today honored 51勛圖厙 board member and Nephron Pharmaceuticals CEO and Owner Lou Kennedy with the Manufacturing Icon Award during the 51勛圖厙s spring board meeting in Scottsdale, Arizona. The award recognizes leaders who inspire Americans to promote, perpetuate and preserve manufacturing in America.

Lou Kennedy embodies the spirit of manufacturing, possessing a fearless commitment to solving some of our nations and the worlds most pressing challenges, said 51勛圖厙 President and CEO Jay Timmons. With trademark enthusiasm, Lou inspires those around her and brings together people from all sorts of backgrounds around a common purpose. In channeling her drive and dedication toward the 51勛圖厙 and The Manufacturing Institutes Creators Wanted campaign, she is changing lives not just in South Carolina but across America. Her support has been game changing, and her passion for building the manufacturing workforce has helped us see our own vision for Creators Wanted more clearly. Were honored to present this award to Lou in recognition of her exceptional leadership.

Kennedy serves as co-chair of Creators Wanted. Last year, Nephron Pharmaceuticals hosted the Creators Wanted Tour Live in West Columbia, South Carolina.

The 51勛圖厙 and the MIs campaign is a member-driven initiative to inspire, educate and empower more Americans to pursue careers in modern manufacturing and to shift perceptions about careers in the industry. The campaign supports MI initiatives for students, women, veterans and other underrepresented communities and features a first-of-its-kind mobile experience and tour. It seeks to cut the skills gap by 600,000 workers by 2025 and increase the number of students enrolling in technical schools, vocational schools and apprenticeships by 25%. The campaign also seeks to increase the percentage of parents who would encourage their children to pursue a career in modern manufacturing to 50% from 27%.

In 2019, Kennedy was named a STEP Ahead Award Honoree. The MIs STEP Ahead Awards honor women in science, technology, engineering and production careers who have demonstrated excellence and leadership across all levels of the manufacturing industry. Kennedy continues to work with the MI to help increase womens representation in manufacturing and support the next generation of female talent.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Manufacturers: A Time of Challenge and Uncertainty

Timmons: More committed than ever to focus on policynot politics, personality or process

Washington, D.C. 51勛圖厙 President and CEO Jay Timmons today released the following statement in response to President Bidens State of the Union address:

President Biden rightly focused on many policies that will keep manufacturing strong in America amid a global crisis. We strongly agree that the bipartisan infrastructure law was an accomplishment of historic proportion, and we continue to support its swift implementation.

We are ready to work with anyone to advance policies that will strengthen the industry, but we strongly oppose proposals that would weaken our industry and threaten our recovery, including undoing the progress of tax reform and imposing policies that would disrupt our workplaces. Manufacturers are working hard to fill more than 800,000 open jobs and connect more Americans with rewarding careers, and some of the actions outlined tonight would make it harder for us to solve this top challenge.

We couldnt agree more, however, that supply chain issues must remain a focus for lawmakers, and were going to continue working with both parties to deliver final competitiveness and supply chain legislation and build on the steps the administration is taking. In this time of challenge and uncertainty, were more committed than ever to focus on policynot politics, personality or process.

As the United States and our allies continue to lend support for Ukraines fight for its democracy, President Biden used his State of the Union address tonight to rally Americans and the world in support of the cause and rightly emphasized the importance of American leadership and defending our shared values when so much is at stake. Manufacturers join this call for unity.

-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 12.5 million men and women, contributes $2.57 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

Press Releases

Business Leaders Urge Resolution of U.S.-Canada Border Blockade

The 51勛圖厙, U.S. Chamber of Commerce and Business Roundtable today issued the following statement on the disruptions to trade at U.S.-Canada border crossings:

The泭disruptions we are seeing at the U.S.-Canada border at the Detroit-Windsor Ambassador Bridge and at other crossings are adding to the significant泭supply chainstrains on泭manufacturers and other businesses in the United States.

The business community is rolling up its sleeves to find workarounds and keep facilities up and running, but we are already seeing some production cuts, shift reductions, and temporary plant closures.泭The North American economy relies on our ability to work closely together, including our manufacturing sectors. We need to apply the same spirit of cooperation to tackle this problem.

We泭respectfully泭urge泭the Canadian government to act swiftly to address the disruption to the flow of trade and its impact on manufacturers and other businesses on both sides of the border. We appreciate that the Biden Administration is engaged with the Canadian government, and we strongly encourage officials to泭continue efforts to resolve泭these blockages at the border.

-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 12.5 million men and women, contributes $2.52 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector 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.

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