51�Թ���

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement today on the introduction of the America COMPETES Act by the U.S. House of Representatives:

“The introduction of the America COMPETES Act, which includes many components of the overwhelmingly bipartisan U.S. Innovation and Competition Act,��is a major step forward, and lawmakers can feel confident that supporting this bill means supporting the future of manufacturing in America. Not only would its provisions help address inflation and alleviate supply chain challenges we’re facing today, but the bill provides significant investment in U.S. semiconductor manufacturing, which would also help us avert future crises. This bill also includes funding for a Supply Chain Resilience and Crisis Response Office at the Department of Commerce. I’ve discussed the programs that this office would oversee with Secretary Raimondo, and manufacturers strongly back these initiatives, which would include game-changing grants, loans and loan guarantees.

“This legislation would strengthen U.S. leadership in global climate innovation, improve environmental research and fill critical gaps in data—all while holding China accountable as the world’s biggest emitter. Manufacturers look forward to working with Congress on all elements of this legislation to ensure it meets the needs of our industry and supports America’s manufacturing workers and American families by putting the United States in a much stronger competitive position toward China.

“We will work to get it passed through the House and then work with the Senate to ensure that final legislation achieves the critical shared goals of this bill and the U.S. Innovation and Competition Act and makes it to the president’s desk.”

-51�Թ���-

The 51�Թ��� 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 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons and Manufacturing Institute President Carolyn Lee released the following statement on the administration’s announcements on semiconductor production and new policy efforts to attract STEM talent to the United States:

“The supply chain and economic disruptions facing American families and the manufacturing industry are driven in part by the severe worker shortage and by the serious chip shortage. Today, the White House has announced promising developments on both fronts, and we will work with the administration and Congress to build on this progress even further,” said Timmons. “To ramp up domestic semiconductor production, we can’t stop at today’s action, though. Too many manufacturing sectors have been unable to deliver the products American families need because they lack key components. Manufacturers are working overtime to overcome this challenge, but Congress has to do its part, which means passing USICA. Doing so will not only shore up our recovery and ease supply chain strains but also strengthen our economy and national security.

“These immigration policies will also undoubtedly sharpen America’s competitive edge and help us outpace and out-innovate the rest of the world. In far too many cases, we’ve seen brilliant minds educated at American universities leave because our outdated immigration system doesn’t let them put their talents to work for America’s future. Now we can start to reverse that trend, among other key policy changes. As part of ‘A Way Forward,’ our plan for comprehensive immigration reform, we have long called for immigration policies that are responsive to clear economic needs. These policies meet that test, meaning that they will benefit our workers, our communities and our industry, empowering us to create even more opportunities for the American people.”

“Manufacturers are leading America’s recovery, but we still need to hire more than 800,000 workers right now,” said Lee. “And according to the MI’s research with Deloitte, we will have 4 million jobs to fill by the end of the decade, 2.1 million of which could go unfilled if current trends continue. That sustained need is why the 51�Թ��� and the MI launched our nationwide Creators Wanted workforce campaign. It’s why we have long focused on programs and policies of all types that will grow the pool of STEM talent in America. We have to come at this crisis from every angle, and the MI and the entire industry will continue using every tool at our disposal to inspire, educate and empower the next generation of creators.”

“All in all, it’s a day of positive developments for manufacturing in America,” added Timmons.

-51�Թ���-

The 51�Թ��� 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

-The MI-

The MI grows and supports the manufacturing industry’s skilled workers for the advancement of modern manufacturing. The MI’s 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�Թ���, the MI is a trusted adviser to manufacturers, equipping them with resources necessary to solve the industry’s toughest challenges. For more information on the MI, please visit .

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons today announced plans to continue the 51�Թ���’s ambitious organizational growth by combining with the .

The IRI is a leader in helping companies drive innovation and develop the cutting-edge technologies that keep manufacturing strong. The 51�Թ���’s growing array of services and thought leadership represents another key milestone in the vision adopted by the 51�Թ��� Board of Directors to become the one-stop shop for manufacturers.

“The modern association must constantly innovate and evolve to best serve its industry, and with the addition of the Innovation Research Interchange, 51�Թ��� members will have access to the widest array of expertise and services in the history of the association. With this transformational development, the 51�Թ��� and our industry will benefit from world-class R&D thought leadership and the proven strategies that the IRI has perfected. The IRI will continue to support organizations in their mission to drive innovation, and it will enjoy access to the largest network of manufacturing companies and leaders,” said Timmons. “This development enhances the value proposition for 51�Թ��� members and is part of our ongoing commitment to provide programming that exceeds our members’ expectations.”

IRI President Ed Bernstein will continue to lead the IRI’s day-to-day operations as vice president and executive director, reporting to 51�Թ��� Chief Operating Officer Todd Boppell.

“The 51�Թ��� is the perfect partner for the IRI,” said Bernstein. “Together, we will be the preeminent thought leadership organization for innovation management. We have a proud history of helping manufacturers and others lead R&D that produces lifechanging products and technologies. As part of the 51�Թ���, we will be able to equip even more industry leaders with the tools to ensure that innovation is impactful throughout the entire enterprise.”

The combination with the IRI follows the 51�Թ���’s acquisition of the Manufacturing Leadership Council in 2018. “As a member of the Manufacturing Leadership Council, I’ve seen firsthand how the MLC has been strengthened since becoming part of the 51�Թ���,” said Entegris Director of Digital Transformation and IRI Board Chairman Steven Moskowitz. “The access to even more resources and an incredible network has been invaluable—especially through the ongoing pandemic and supply chain disruptions. That’s why I believe that bringing the IRI, MLC and 51�Թ��� together is the right move for everyone—IRI members, 51�Թ��� members and the entire industry. The combination of the IRI, MLC and 51�Թ��� will not only provide continued leadership from each individual organization for their members, but also create opportunities for new value across the entire product lifecycle, thus demonstrating the old adage that the total is greater than the sum of the parts. This positions all of us for even greater success and creates the future-facing organization we need.”

As part of the transition, IRI staff will join the 51�Թ��� team. More information on the IRI can be found .

-51�Թ���-

The 51�Թ��� 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��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�Թ�����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�Թ�����or to follow us on Twitter and Facebook, please visit��www.nam.org. ��

-Innovation Research Interchange-

Innovation Research Interchange (formerly the Industrial Research Institute) is an inclusive membership organization with hundreds of global members in private-sector companies, federally funded laboratories, universities and others. Founded in 1938, we lead and advance the field of innovation management by creating contemporary practices. Some of the world’s most widely adopted models—such as “open innovation,” “front end of innovation” and “stage-gate”—were born from the work of our members.��We value strength in cooperation and partner with other organizations at the forefront of developments in innovation management, creating a hub for all to convene and contribute in an experimental, noncompetitive and noncommercial environment. For more information, visit .

Washington, D.C. – The 51�Թ��� announced new 2022 leadership for its Council of Manufacturing Associations at the CMA 2022 Winter Leadership Conference. Philip Bell, president of the Steel Manufacturers Association, will serve as chair, and Melissa Hockstad, president and CEO of the American Cleaning Institute, will serve as vice chair. Made up of 220 industry-specific manufacturing associations representing 130,000 companies worldwide, the CMA creates powerful partnerships across the industry and ensures manufacturers have the strongest possible voice.

“Steelmakers and manufacturers are a force for good in the world. We support innovation, efficiency and sustainability. We help our employees build their lives, our customers build their businesses and the communities where we operate build their futures,” said Bell. “During this very dynamic time in our country, I am honored to articulate the important role manufacturing plays in America’s economic success and national security.

“Americans are counting on manufacturers to lead our economic recovery, deliver promising career opportunities and solve our global health crises, and the collaboration made possible through the CMA empowers our entire industry to rise to the challenge,” said��51�Թ��� President and CEO Jay Timmons.��“Philip and Melissa are trusted and tested leaders who will continue to cultivate the collaborative, cooperative spirit that has made the CMA such a consequential organization for our industry and country. I look forward to working with them to advance policies and plans that uphold the values that have made America exceptional and keep manufacturing strong: free enterprise, competitiveness, individual liberty and equal opportunity.”

The CMA’s mission is focused on bolstering the industry’s nationwide grassroots mobilization efforts and improving the competitiveness of manufacturers in the United States. CMA members work with the 51�Թ��� to unite the manufacturing association community, and ultimately the broader business community, around strategies for increased manufacturing job creation, investment and innovation in America.

Bell is a 25-year industry veteran. Prior to leading the SMA, Bell served as director of external communications and public affairs for Gerdau Long Steel North America based in Tampa, Florida.��Bell previously served as CMA vice chair.

Newly appointed 2022 CMA board members include the following:

• Alison Bodor, president and CEO, American Frozen Food Institute

• Nicole Harris, president and CEO, National Glass Association

• David Loftus, president and CEO, Electronic Components Industry Association

-51�Թ���-

The 51�Թ��� 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – Following the Supreme Court’s decision to block the federal government’s COVID-19 vaccine-or-test requirement for large workplaces, 51�Թ��� President and CEO Jay Timmons released the following statement:

“Manufacturers have a profound commitment to protecting employees and communities. It’s why we have been at the forefront of innovating and sustaining safe workplace practices from the very beginning of the pandemic and promoting the benefits of getting vaccinated. That’s how we have been able to continue delivering for the American people—even when the challenges seem insurmountable.

“Today’s ruling does not change the fact that getting vaccinated is the best defense against COVID-19 and central to our ability to keep businesses and schools open and prevent our hospitals from being overwhelmed. Manufacturers believe strongly in getting our teams armed against COVID-19, and we appreciate the administration’s sustained focus on making vaccines accessible to every American.

“We call on all Americans to make the choice to get vaccinated, get boosted when eligible and wear the appropriate mask in public places—so that we can save lives, protect our economy and get through this latest wave of infection. We must all do our part, so join us in rolling up your sleeves and moving forward together toward brighter, healthier, more prosperous days.”

-51�Թ���-

The 51�Թ��� 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 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – The 51�Թ��� released its Manufacturers’ Outlook Survey for the fourth quarter of 2021, showing manufacturers remain mostly optimistic in their economic outlook (86.8%, down from 87.5% in Q3) but are significantly concerned with issues like inflation, hiring and potential tax increases targeting manufacturers.

“Manufacturers are working overtime to fill more than 1 million open jobs, including through our nationwide Creators Wanted workforce campaign,” said 51�Թ��� President and CEO Jay Timmons. “On top of that, we’re grappling with a supply chain crisis. Despite the challenges confronting us, manufacturers remain bullish on the future. But if Congress passes legislation with taxes that hit manufacturers harder than other industries, our entire recovery will be thrown off course. If new taxes land on our shoulders, it will undo all the progress we’ve made since the 2017 tax reform law.”

“Manufacturers have kept our promise to hire more workers, raise wages and benefits and invest in our communities. Our question to Congress—the message of this survey—is, do we want to weaken our recovery by undermining manufacturers’ competitiveness? Raising taxes on manufacturers will not help us build back better. It will tear down what we’ve achieved.”

Key survey highlights:

• Top issues:
  • Increased raw material costs (87.1%), the number-one issue for the fourth straight quarter
  • Supply chain challenges (84.5%)
  • Attracting and retaining a quality workforce (82.7%)

• 87.8% of respondents said an increased tax burden on income from manufacturing activities would make it more difficult to expand their workforce, invest in new equipment or expand their facilities
• 85.2% said they have open positions they cannot fill.
• 73.6% of respondents said supply chain bottlenecks negatively impacted their company’s outlook for production, hiring and overall business activity.

Read the full Q4 2021 Manufacturers’ Outlook Survey results here.

Background on manufacturing growth following the enactment of 2017 tax reform:

• In 2018, manufacturers added 263,000 new jobs. That was the best year for job creation in manufacturing in 21 years.
• In 2018, manufacturing wages increased 3% and continued going up—by 2.8% in 2019 and 3% in 2020. Those were the fastest rates of annual growth since 2003.
• Manufacturing capital spending grew 4.5% and 5.7% in 2018 and 2019, respectively.
• Overall, manufacturing production grew 2.7% in 2018, with December 2018 being the best month for manufacturing output since May 2008.

-51�Թ���-

The 51�Թ��� 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons today announced an evolution of the 51�Թ��� management team that will expand capabilities, leadership opportunities and innovations and strengthen manufacturing in the United States for 2030 and beyond. Amid an unprecedented pandemic, historic workforce shortages, supply chain and opportunity gap challenges, new and emerging threats to U.S. manufacturing and the country, the digital transformation and once-in-a-generation policy and legal achievements, manufacturers in the U.S. and the 51�Թ��� continue to play an outsized role in creating the future for people, communities and the country.

These leadership promotions will bolster the 51�Թ���’s impact as the industry’s unified voice. They will promote, perpetuate and preserve the values that guide manufacturers’ unrivaled contributions to society and make America exceptional: free enterprise, competitiveness, individual liberty and equal opportunity.

“More than six years ago, the 51�Թ��� Board of Directors put its support behind a vision to strengthen our association and make the 51�Թ��� a ‘one-stop shop’ for manufacturers by expanding and diversifying the 51�Թ���’s portfolio of offerings in advocacy, operational excellence, legal action, workforce development and news and insights,” said Timmons. “The 51�Թ���’s record-breaking results in 2020 and 2021—in the face of crises many of us have never seen in our lifetimes—were a direct result of turning that vision into reality with an entire team resolutely focused on supporting manufacturers and America’s business sector every day. So, now we are putting more responsibility in the hands of this immensely talented team that has proven in the best and worst circumstances to be the strongest, most effective voice and resource for manufacturers in the United States. We are ready to create the future for our industry and our country, with a focus on 2030 and beyond.”

The 51�Թ��� ends 2021 with a net membership retention rate on track to be in the top historical tier in the 126-year history of the association. Initiatives realized during the pandemic spurred tremendous growth for the association in 2020 and 2021. Those initiatives included efforts to mobilize and support manufacturers’ pandemic response and personal protective equipment production; advance vaccinations; provide greater operational insights to the industry; run momentous campaigns for policy and legal wins, notably infrastructure investment and pandemic relief; and deliver comprehensive solutions to the industry’s most pressing issues, including workforce development.

“Our capability to drive solutions for manufacturers is central to everything we do, and we are aligning this team to provide even more solutions moving forward,” said Timmons.

The following leadership promotions become effective Jan. 1:

• Erin Streeter will be named Executive Vice President of the 51�Թ���. Currently serving as Senior Vice President of Communications and Brand Strategy, Erin will work alongside the President and CEO to set the strategic direction of the association and align and integrate teams, strengthen internal and external communications and grow audiences toward that direction. She will continue to oversee all brand, communications and marketing activities but will also add public affairs and mobilization as well as advocacy campaigns to her portfolio. The integration of these critical portfolios will ensure the 51�Թ��� is positioned to advance the needs and priorities of manufacturers by providing first-in-class advocacy.
• Carolyn Lee has been named President of The Manufacturing Institute by its board of directors. The workforce crisis of more than 1 million open jobs today isn’t just an existential threat to manufacturing in America; it also threatens the security of our country. To meet this moment, the MI continues to break new ground in supporting manufacturers’ efforts to recruit and retain a skilled, diverse workforce. Carolyn’s focus for 2022 will be on developing a strategic growth plan and expanding partnerships and thought leadership to carry the MI and the industry into the future.
• Carolyn has��asked��Keith Smith��to serve��as Chief Administrative Officer of the MI. In this new role, Keith will work with Carolyn and the MI team to develop and implement a new organizational growth plan and��help achieve the strategic vision of the organization. As a member of the 51�Թ��� Senior Staff, Keith��will also continue his leadership of the Association Partnerships Division as an 51�Թ��� Senior Vice President, overseeing the 51�Թ���’s membership programs with association partners at the national, state and local levels.
• In addition to her current responsibilities as 51�Թ��� Chief of Staff, Alyssa Shooshan will assume leadership of 51�Թ��� Board strategy. Alyssa will advance board engagement, initiatives, mobilization, partnerships and programming.

Six current 51�Թ��� vice presidents will be promoted to the newly created role of managing vice president. This group will be charged with leading the 51�Թ���’s Leadership Team in creating new opportunities in advocacy, membership value/thought leadership and culture/operations. In addition to serving as counselors to the 51�Թ��� President and CEO, they will work with senior staff on all issues impacting the association.

• Adria Brockman, Managing Vice President of Membership
• Jamie Hennigan, Managing Vice President of Communications and Public Affairs
• Chrys Kefalas, Managing Vice President of Brand Strategy
• Daryl Muller, Managing Vice President of Membership
• Chris Netram, Managing Vice President of Tax and Domestic Economic Policy
• Shonzia Thompson, Managing Vice President of Association Partnerships

Based on considerable input from across the association, the following team members will be promoted to vice president and named to the 51�Թ��� Leadership Team, which meets quarterly to help enhance and strengthen the organization’s service to manufacturers and the country. The Leadership Team will be charged to work with the managing vice presidents in a select area of the team’s portfolio.

• Rob Damschen, Vice President of Strategic Communications
• Mark Isaacson, Vice President of Executive Communications and Chief Speechwriter
• Brian James, Vice President of Conference and Office Operations
• Mike O’Brien, Vice President of Public Affairs and Advocacy
• Chris Schmitt, Vice President of Strategic Partnerships
• Patrick Smith, Vice President of Member and Board Relations
• Megan Stewart, Vice President of National Department

In recognition of the expansive growth of the MI, the following MI vice presidents will be named to the 51�Թ���’s Leadership Team:

• Gardner��Carrick,��MI Vice President of Workforce Solutions
• Herb Grant, MI Vice President of Program Execution
• AJ Jorgenson,��MI Vice President of Strategic Engagement and Inclusion
• David McKnight, MI Vice President of Strategic Partnerships

A new group of leadership influencers, recognized by their peers as agents of organization-wide progress, was also appointed for one-year terms to work directly with the 51�Թ��� Leadership Team to provide insight and counsel on key issues that affect the strategic direction of the 51�Թ���.

• Cameron Alvarez, Art Director
• Kristie Arslan, Senior Director, Member and Board Relations
• Penny Brown, Content Director, Manufacturing Leadership Council
• Julie Chase, Senior Compliance Counsel
• Charles Crain, Senior Director, Tax and Domestic Economic Policy
• Kirk Fordham, Senior Director, Member and Board Relations
• Jeni Littlepage, Senior Manager, Benefits Administration
• Ryan Ong, Director, International Business Policy
• Cassi Zumbiel, Director, Workforce Programs and Policy, MI

-51�Թ���-

The 51�Թ��� 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. — Following U.S. House of Representatives passage of the Uyghur Forced Labor Prevention Act by a vote of 428–1, 51�Թ��� Senior Vice President of Policy and Government Relations Aric Newhouse released the following statement:

“Manufacturers strongly condemn and oppose all forms of forced labor in China and around the world, so we fully support congressional action on the Uyghur Forced Labor Prevention Act to ensure that goods produced with forced labor do not enter the United States. Upon full enactment of the legislation, manufacturers look forward to working with relevant government agencies to ensure the law is implemented with predictable processes, clear requirements and effective enforcement to support our shared goal of eradicating forced labor.”

-51�Թ���-

The 51�Թ��� 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 $2.5 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – Following the news on the passing of Sen. Bob Dole, 51�Թ��� President and CEO Jay Timmons released this statement:

“With the passing of Sen. Dole, manufacturers have lost an ally and friend and one of the great advocates of the values that make our country exceptional and our industry strong—free enterprise, competitiveness, individual liberty and equal opportunity. He not only believed in those values, he fought for them—in every sense of the word.

“A grievous injury on the battlefields of World War II could not diminish his love of country or his pursuit of a lifetime of service. He saw selflessness and sacrifice as his patriotic duty. It’s what made him a true statesman and truly worthy of being called part of the ‘greatest generation.’ And that irrepressible spirit is what, in his final years, brought him day after day to the National Mall, even in sweltering summer heat, to greet his fellow veterans arriving from across the country to visit the World War II Memorial.

“On a personal level, I greatly appreciated his wisdom and insight when I led the National Republican Senatorial Committee. Then, as during his time as national party chair, Senate Majority Leader and presidential candidate, he was a moral compass for the party, as ready to take a principled stand as he was to extend a hand across the aisle. The Doles have both been role models for so many. I will also remain deeply grateful for his support of the Humane Rescue Alliance and animal adoption before, during and after my time as HRA chair. He loved animals—above all their many dogs, including the multiple dogs famously named Leader.

“Bidding farewell to a man like Bob Dole is difficult because it feels like saying goodbye to one of the last remaining giants of our history. To truly honor him, though, we must do more than mourn his passing. We must renew our commitment to strengthening our nation and protecting the democracy for which he fought throughout his life.

“My deepest condolences to his wife, Sen. Elizabeth Dole, and the entire Dole family. You are in my prayers and in the prayers of a grateful nation.”

-51�Թ���-

The 51�Թ��� 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. — Following President Joe Biden’s decision to release 50 million barrels from the Strategic Petroleum Reserves, 51�Թ��� President and CEO Jay Timmons released the following statement:

“Today’s action is, unfortunately, just a band-aid. Tapping the Strategic Petroleum Reserve won’t solve the underlying problems. While we are pleased that President Biden is focusing on the rising cost of fuel, this is not a sustainable solution.

“A true energy strategy would strengthen our energy independence, enhance manufacturers’ competitiveness and alleviate many of the other supply chain challenges facing our nation. Instead of asking OPEC and Russia to fill the void, we should let American energy workers take the lead, setting an example with America’s high standards for protecting workers and the environment. Manufacturers call on the Biden administration to work toward real, longer-term solutions for the good of our families, industry and economy.”

-51�Թ���-

The 51�Թ��� 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 $2.5 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�Թ��� 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�Թ��� or to follow us on Twitter and Facebook, please visit www.nam.org.