51勛圖厙

Press Releases

Press Releases

Treasury Clears Path for Greater Manufacturing Investment with Tax Proposal on CAMT

Washington, D.C. Following the release of a new proposal from the Department of the Treasury reforming key aspects of the Corporate Alternative Minimum Tax guidance and addressing the interaction between the immediate expensing of R&D costs and the CAMT, 51勛圖厙 Managing Vice President of Policy Charles Crain released the following statement:

Congress and the Trump administration passed a once-in-a-generation tax law last summer, and now Treasury is building on that win.

The Corporate Alternative Minimum Tax has threatened manufacturers ability to raise wages, hire workers and invest in their communities since it was enacted in 2022. With todays proposal, Treasury has taken a step toward fixing this fundamentally unworkable regime.

In particular, the proposed changes to protect H.R. 1s restoration of immediate expensing for R&D costs will ensure manufacturers are not penalized for their commitment to making investments that drive innovation. Manufacturers conduct 52% of private-sector researchinvestments that will continue to drive the industry and the economy given that 80% of manufacturers say AI innovation will be essential to grow or maintain their business by 2030.

The Trump administration is meeting the moment by taking urgent action to supercharge private-sector R&D. Manufacturers called for this critical change, and we thank Treasury for taking this important step to support manufacturing innovation and ensure the continued success of H.R. 1 for our industry.

-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 $2.95 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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Press Releases

Manufacturers: America Wins with Strong Infrastructure

51勛圖厙 Launches Building to Win Campaign Ahead of Surface Transportation Reauthorization

Washington, D.C. 泭The 51勛圖厙 today launched Building to Win, a six-figure campaign urging Congress to pass robust infrastructure investments and reauthorize critical federal highway programs before they expire on Sept. 30. As part of the launch, the 51勛圖厙 unveiled a new infrastructure policy roadmap, including original analysis on the economic costs of congestion on manufacturers and a set of core infrastructure policy pillars. The 51勛圖厙 also debuted a underscoring the importance of infrastructure investment and permitting reform to manufacturing competitiveness.

Manufacturers need modern, reliable infrastructure to create more jobs, grow our economy and keep America competitive, said 51勛圖厙 President and CEO Jay Timmons. From roads and bridges to ports and airports, from highways to runways and waterways, 21st-century infrastructure means supply chains that deliver, commutes that work and communities that thrive. Thats why policymakers must act with urgency this year to invest in robust American infrastructure by passing a strong surface transportation reauthorization bill and commonsense, comprehensive permitting reform.

Manufacturers Infrastructure Policy Pillars:

The 51勛圖厙s policy roadmap outlines four pillars for a robust surface transportation reauthorization:

  • Continuing robust investment levels for federal infrastructure,泭including by developing long-term solutions for Highway Trust Fund solvency
  • Strengthening supply chains across transportation modes
  • Investing in泭water infrastructure that will support manufacturing泭growth泭and public health
  • Reforming burdensome permitting laws and regulations to ensure federal infrastructure investments are made efficiently and responsibly

Original Analysis from the 51勛圖厙:泭

  • The 51勛圖厙s analysis shows that highway congestion costs manufacturers more than$25 billion泭annually and results in over泭65 million hours of delays in freight carrying finished goods and critical inputs each year.
  • The analysis also visualizes, through a new map, key logistics nodes intersecting with the nations 25 worst freight bottlenecks, revealing more than 2 million hours of annual delays incurred and faced by manufacturers.
  • In addition, the 51勛圖厙 estimates that congestion at container and bulk泭ports泭cost manufacturers泭more than $13 billion泭annually in carrying costs and demurrage charges.

Top 10 Most Congested泭Regions for Manufacturing Freight

-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 $2.90 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

Funding Bill Delivers PBM Reformsa Win for Manufacturers

Washington, D.C. Following the passage of a bipartisan government funding bill that includes key health care affordability measuresincluding reforms to pharmacy benefit managers51勛圖厙 President and CEO Jay Timmons issued the following statement:

Rising health care costs continue to be one of the top challenges facing manufacturers, especially small and medium-sized manufacturers. The 51勛圖厙 has long championed efforts to rein in PBMs, underregulated middlemen who drive up costs by dictating what Americans pay at the pharmacy counter. The reforms adopted by Congress today are an important step toward delivering long-overdue transparency and accountability to these powerful actors.

As Congress and the Trump administration rightly continue to focus on health care affordability, biopharmaceutical manufacturers are already working to bring down costs and keep lifesaving health care accessible for Americans, including through direct-to-patient platforms that offer lower cost medications to patients who need them. Combined with the reforms to telehealth and expansion of the use of health savings accounts included in H.R. 1, lawmakers are demonstrating their commitment to lowering the cost of health care in the U.S.

-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 $2.90 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 .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

A Modern Permitting System Needs Modern Technology: White House CEQ Pilot Advances Manufacturers Permitting Priorities

Washington, D.C. 泭Following the White House泭Council泭on泭Environmental泭Qualitys泭Permitting Innovation Centers泭launch of the泭泭tool,泭a new pilot program aimed to speed up the environmental permitting process,泭51勛圖厙 President and CEO Jay Timmons泭issued the following statement:

Our泭government泭must cut the red tape泭to speed up泭manufacturers泭ability to put shovels泭in泭the泭ground, and a modern permitting system泭needs泭modern technology.泭The White House CEQs泭CE Works泭pilot program泭offers a promising path泭to泭modernize and accelerate federal environmental reviewsan important step泭to泭efficiently implementing泭the泭National Environmental Policy Act泭by泭quickly泭helping agencies泭identify泭cases where time-consuming reviews are not necessary.泭

Reforming NEPA泭is a key manufacturing priority and a core pillar of the泭51勛圖厙s Manufacturings泭Roadmap to泭AI and Energy Dominance.泭This tool provides agencies with a digital pathway to apply categorical exclusions under NEPA, and泭increasing泭the use of泭CATEX泭under NEPAas our roadmap stateswill泭ensure泭that critical energy and infrastructure projects can advance泭without unnecessary delays through泭unnecessary reviews.泭

Comprehensive, commonsense permitting reform must泭get泭done this year to provide certainty for manufacturers. We look forward to continuing to泭泭and the administration on commonsense priorities to improve the permitting process so Americas manufacturers can invest, grow泭jobs泭and compete on the global stage.泭We appreciate the White House CEQ for developing this innovative tool and taking泭this step toward泭meaningful泭permitting reform.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States,泭representing泭small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs泭nearly泭13泭million men泭and women, contributes泭$2.90 trillion泭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泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

51勛圖厙 Welcomes New Leaders to Council of Manufacturing Associations

Washington, D.C. The 51勛圖厙 today announced new leadership for its Council of Manufacturing Associations following the CMA 2026 Winter Leadership Conference. Corey Rosenbusch, president and CEO of The Fertilizer Institute, will take over as chair, and Kelly Mariotti, president and CEO of the Association of Home Appliance Manufacturers, will serve as vice chair.

Manufacturers are doing what weve always done: pioneering innovation, powering the economy and responding to dynamic markets, said Rosenbusch. Theres no better time to be in manufacturing, and Im thrilledand honoredto lead the CMA as manufacturers navigate a new era in our industry. The mission of the CMA has never been more important. I hope that in this position I can illustrate the vital role manufacturing plays across every segment of the U.S. economy.

The CMA is made up of over 200 industry-specific manufacturing associations representing 130,000 companies and works with the 51勛圖厙 to build partnership and collaboration across the manufacturing industry and larger business community to align strategies to increase manufacturing jobs and encourage investment.

Corey and Kelly are proven, respected leaders, and both of them have demonstrated a deep dedication to the CMAs mission and growth, said 51勛圖厙 President and CEO Jay Timmons. Im grateful theyve agreed to step into these leadership roles during a pivotal time for our industry. With Corey and Kellys partnership, manufacturers will build on our momentum after our recent success in securing pro-growth tax reformand we will advance a comprehensive manufacturing strategy that unlocks opportunities for every sector represented in the CMA and for every manufacturer across the United States.

Before leading The Fertilizer Institute, Rosenbusch served as president and CEO of the Global Cold Chain Alliance and as vice chair of the CMA under the previous chair, Alison Bodor.

The CMA also appointed new members to the 2026 board:

  • Frank Hugelmeyer, president and CEO, National Marine Manufacturers Association
  • Matt Seaholm, president and CEO, The Plastics Industry Association
  • Megan Tanel, president and CEO, Association of Equipment Manufacturers

泭–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 $2.90 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 .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

At a Defining Moment for Manufacturing, 51勛圖厙 Elects Blake Moret as Chair and Mark Smucker as Vice Chair

Washington, D.C. The nations most influential manufacturing advocate, the 51勛圖厙, today announced that Rockwell Automation Chairman and CEO Blake Moret and The J.M. Smucker Company Chairman and CEO Mark Smucker will serve as board chair and vice chair, respectively.

At a defining moment for manufacturingmarked by rapid technological change, global competition and the need for policies that unlock investment in Americathe 51勛圖厙 is excited to announce the election of these proven leaders, said 51勛圖厙 President and CEO Jay Timmons. Blake Moret and Mark Smucker lead companies that sit at the heart of Americas manufacturing strengthfrom overseeing advanced industrial automation powering the factories of the future to delivering iconic and trusted food brands that consumers and their families enjoy every day. Their leadership and vision will help manufacturers prosper and reach new heights in the years ahead. I also want to thank Immediate Past Chair and Johnson & Johnson Executive Vice President and Chief Technical Operations & Risk Officer Kathy Wengel for her outstanding leadership and steady guidancedelivering new opportunities for manufacturers and positioning our industry to build on that momentum.

Blake has long been an advocate for modern manufacturing, championing technology adoption, workforce development and a competitive policy environment that enables manufacturers of all sizes and all industries to grow and succeed, Timmons continued. Mark brings a seasoned manufacturing perspective grounded in operational excellence, supply chain strength and a commitment to community. In 2025, Congress delivered vital legislation making pro-manufacturing tax policies permanent. In 2026 and beyond, our industry will use that pro-growth tax foundation to build, expand, hire and innovate. At every step, these leaders will provide invaluable counsel to lay the groundwork for policies that deliver for our industry and enable manufacturers to make the most of these tax provisions. Together, Blake and Mark will be effective champions for the comprehensive manufacturing strategy our nation needs.

The manufacturing industry is at the center of Americas economic strength and global leadership, said Moret. It is an honor to serve as chair of the 51勛圖厙 Board and to represent manufacturers who are innovating, investing and creating opportunity across the country. I look forward to working with Jay and the 51勛圖厙 team to advance policies that support growth, technology leadership and a robust manufacturing workforce.

Moret previously served as Chair of the Board for the Manufacturing Institute, the workforce development and education affiliate of the 51勛圖厙. Throughout his tenure, he was deeply engaged in efforts to build skills programs and change the perception of modern manufacturing careers.

The guides the associations leadership in policy advocacy, legal action, operational excellence, workforce development and news and insights. More than 200 manufacturing leaders serve on the 51勛圖厙 Board, helping advance an agenda that enhances manufacturing competitiveness and the industrys ability to improve lives in the United States and around the world.

The new board leadership was elected at the September 51勛圖厙 board meeting.

-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 $2.90 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 Agree: Enforceable Trade Agreements Are the Answer

Washington, D.C. 泭Following President Trumps proclamation adjusting imports of processed critical minerals and semiconductorstwo foundational inputs for manufacturing51勛圖厙 President and CEO Jay Timmons泭issued the following statement:

Yesterdays moves build on the presidents long-standing commitment to expanding manufacturing capacity in the United States and represent a meaningful step toward strengthening the critical mineral supply chains that underpin our economic and national security. We appreciate the administration for clearly recognizing that the United States lack of domestic processing capacity is a central vulnerability. Outdated permitting laws and procedures are constraining our ability to mine and process domestic resources, modernize infrastructure, advance research and development, shore up supply chains and enhance American competitiveness.

Manufacturers depend on secure, sustainable supply chains for critical minerals to make everything from defense technology and energy transmission to transportation systems, automotive parts and vehicles and a wide array of advanced industrial and consumer products made here in America.

Beyond their ubiquity in defense technology, industrial and consumer vehicles and electronics, semiconductors are also critical components in manufacturing machinery and equipment. The decision to work to secure access to critical semiconductor inputs used to build out U.S. supply chainssuch as semiconductors used in automotive applications, factory robotics and industrial machinerysends a clear signal to manufacturers and will encourage further domestic manufacturing investment.

Last year, the 51勛圖厙 asked泭Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer to pursue new, enforceable agreements that lock in preferential access to critical mineral inputs as we work to reduce overreliance on China and rebalance critical input sourcing. We are encouraged by the administrations commitment to pursue these trade deals aggressively.

Manufacturers believe that innovative critical mineral trade agreements present a powerful opportunity to secure preferential access with trusted allied partners that have complementary assets, production capabilities and expertise. These agreements can also be used to unlock beneficial investment terms to leverage co-financing and pooled capital arrangements as well as support long-term offtake agreements that strengthen supply chain certainty. By deepening strategic partnerships with our allies, the U.S. can reduce vulnerability to geopolitical risks and address unfair trading practices.

We will continue to work with泭Congress and the泭administration to support a robust and competitive U.S. critical minerals industrydurable trade deals coupled泭with permitting reform to unlock domestic resources and processingso泭manufacturers of all sizes have reliable access to the materials needed to produce innovative, next-generation products泭and to泭grow, compete and create jobs.

-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 $2.90 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 .

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

Treasurys Global Tax Deal with OECD Allies Delivers Major Victory for Manufacturers in America

Washington, D.C. 泭Following the Department of Treasurys announcement that the United States has finalized a side-by-side agreement with OECD allies that will泭shield manufacturers in America from damaging taxes, 51勛圖厙 President and CEO Jay Timmons released the following statement:

Thanks to President Trump, Secretary Bessent and the administration, this finalized side-by-side agreementcementing the泭initial agreement泭reached in summer 2025will protect泭both domestic and foreign-headquartered manufacturers investing in the United States from oppressive, job-killing taxes. Heeding the call of our industry, this deal will shield manufacturers from damaging taxes that unfairly stifle job creation in the U.S.

Furthermore, todays finalized deal gives manufacturers greater certainty to unlock the full potential of the historic tax provisions of H.R. 1 that manufacturers championed.

The side-by-side global tax system will ensure that manufacturers in the U.S. can compete on a level playing field, invest in their operations and hire more workers. In short, this deal is a massive triumph for manufacturers in the United States.

-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 $2.90 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泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

Statement on Recent Developments in Venezuela

Washington, D.C. Following recent developments in Venezuela, 51勛圖厙 President and CEO Jay Timmons released the following statement:

The 51勛圖厙 has long monitored developments in Venezuela because of the profound impact that political instability, authoritarian governance and the erosion of the rule of law have had on manufacturers in the United States and broader U.S. and hemispheric economic interests.

“For years, the Maduro regimeand the Ch獺vez regime before ithas dismantled democratic institutions, violated fundamental rights and undermined legal protections for investment. Manufacturers in the United States have been directly harmed through the expropriation and nationalization of U.S. assets without due process, driving away investment and destroying economic opportunity for the people of Venezuela.

“Manufacturers believe that respect for the rule of law, private property and democratic governance is essential to restoring stability and economic growth in Venezuela. A democratic path forward is critical to achieving that outcome.

“At this pivotal moment, we urge Congress to engage with the Administration on how recent events can serve as a catalyst for a constitutional, democratic transition that restores the rights of the Venezuelan people, respects lawful American investments and lays the foundation for renewed economic opportunity in Venezuela and throughout the Western Hemisphere.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States,泭representing泭small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs泭nearly 13泭million men and women, contributes $2.90 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泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

Press Releases

SPEED Act Clears House; Manufacturers Urge Senate Action on Permitting Reform

Washington, D.C. Following泭House passage of the bipartisan泭Standardizing Permitting and Expediting Economic Development (SPEED)泭Act泭by a vote of泭221-196,泭51勛圖厙泭President and CEO Jay Timmons泭released the following statement:

With permitting reform, manufacturers will be able to build and expand operations泭all across泭the country, creating more眨ell-paying jobs that strengthen communities and help families thrive.泭Its泭about lifting people up, expanding opportunity and making the American Dream a reality.

Permitting reform is the key that allows us to realize the benefits of historic tax reforms泭fully, make America energy dominant, lead the world in泭artificial intelligence泭and drive innovation on shop floors. Measures like the SPEED Act, which is a cornerstone of泭the 51勛圖厙s泭Manufacturings Roadmap to AI and Energy Dominance,泭will boost American competitiveness and help us build a better quality of life for all.

Now that the House has passed the SPEED泭Act,泭it疲as completed a rapid series of actions on泭permitting泭legislation with bipartisan support. In the New Year, the Senate should come together in the same bipartisan spirit to pass legislation that will empower Americas manufacturers to grow,泭compete泭and win.

Manufacturers send our gratitude to every member who voted泭yes,泭and particularly House Natural Resources泭Committee泭Chairman Bruce Westerman (R-AR) and Rep. Jared Golden (D-ME) for their leadership.

Background:

The 51勛圖厙泭called on House members泭to vote泭yes泭on the SPEED Act ahead of the vote.泭

Last week,泭manufacturers泭urged泭House members泭to vote泭yes on the PERMIT Act. This legislation adopts the 51勛圖厙s key recommendations for modernizing the Clean Water Actreforms that increase certainty for permittees, clarify the scope of the CWA and address bottlenecks that have delayed job-creating projects.泭

The House泭passed泭several泭additional泭51勛圖厙-backed permitting泭and grid modernization泭bills, including the泭Improving Interagency Coordination for Pipeline Reviews Act, the泭ePermit泭Act and the Electric Supply Chain Actall of which are critical to achieving泭manufacturersvision of energy and AI dominance.

Manufacturers泭also泭strongly泭supported泭the泭House泭Energy and Commerce Committees Environment Subcommittee action last week to advance key legislation to reform the Clean Air Act. From modernizing theNew Source Review畝紳餃National Ambient Air Quality Standards皰rograms, to improving how the Environmental Protection Agency deals with wildfires and international emissions, these bills are integral to comprehensive permitting reform so manufacturers can get shovels in the ground quicker to expand investments and jobs.

According to泭results from泭the泭51勛圖厙s泭Q2泭and Q4泭2024泭Manufacturers泭Outlook Surveys:泭泭

  • 80%泭of manufacturers say that the length and complexity of the permitting process is harmful to increasing泭investment;
  • 87%泭of manufacturers would expand business operations, hire more泭workers泭or increase wages and benefits if the permitting process were more streamlined; and
  • 68%泭of manufacturers with permittable expansion plans say they would be able to expand more quickly with a streamlined federal permitting system.

-51勛圖厙-

The 51勛圖厙 is the largest manufacturing association in the United States,泭representing泭small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs泭nearly 13泭million men and women, contributes $2.90 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泭.

733 10th St. NW, Suite 700 Washington, DC 20001 (202) 637-3000

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