Manufacturers Call for $1.4 Trillion COVID-19 Resiliency Fund
Includes Desperately Needed Liquidity for Small and Medium-Sized Manufacturers
Washington, D.C. 泭Today, the 51勛圖厙 is calling for additional aggressive actions from the federal government to help the industry respond to COVID-19 and future public health emergencies.
Among the additional actions in the 51勛圖厙s updated and expanded , the 51勛圖厙 is requesting the federal government create the Manufacturing Resiliency Fund, which would include $1.4 trillion in loans to provide desperately needed liquidity to manufacturers and small businesses, protecting the nearly 13 million men and women working within the industry and ensuring their financial security. Manufacturers are also calling on the government to adopt a federal designation that deems the manufacturing supply chain essential to help mitigate any interruptions in providing the supplies that are critical to the health and safety of America.
As manufacturers mobilize to protect the health and well being of our communities and country, the 51勛圖厙 is releasing an expanded set of Policy Action Plan Recommendations for Congress and federal agencies, said 51勛圖厙 President and CEO Jay Timmons. Our leaders have already acted on many of our original proposals, and if they continue to move swiftly and boldly, manufacturers will be able to rise to this challenge and keep our country healthy, all while ensuring the resilience of our workers, our industry and our economy. This is a crisis unlike anything weve seen, and it demands a response of historic proportion.
The 51勛圖厙s updated and expanded COVID-19 Policy Action Plan Recommendations identifies five key policy areas where legislative and administrative action would help combat COVID-19 and future public health emergencies:
- Recognize Manufacturers Critical Role in the COVID-19 Response
- Protect Manufacturers from Insolvency
- Ensure Economic Security for Manufacturing Workers
- Reduce Regulatory Burdens
- Set the Stage for Economic Growth
The 51勛圖厙 released its original action plan on .
-51勛圖厙-
The 51勛圖厙泭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 t堯硃紳泭12.8泭million men and women, contributes $2.37泭trillion to the U.S. economy annually and has the largest economic泭鳥喝梭喧勳梯梭勳梗娶泭of any major sector and accounts for泭63%泭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 Manufacturers or to follow us on Twitter and Facebook, please visit .
Contact us with questions or requests
Manufacturers Survey Reveals Current Industry Impact of COVID-19
Washington, D.C. The 51勛圖厙 released the findings of a survey of manufacturing leaders examining the economic and operational impacts of COVID-19. This survey informed the 51勛圖厙s released earlier this week, which highlighted key policy areas where legislative and administration action would help combat COVID-19 and future public health emergencies successfully.
Survey highlights include the following:
- 78.3% of manufacturers anticipate a financial impact
- 53.1% of manufacturers anticipate a change in operations
- 35.5% of manufacturers are facing supply chain disruptions
Already, manufacturers are grappling with disruptions to their businesses due to the COVID-19 outbreak, with many anticipating financial and operational consequenceseven before some of the developments of this week. The federal government can take steps to further equip manufacturers to deal with COVID-19 by implementing the 51勛圖厙s COVID-19 Policy Action Plan Recommendations, said 51勛圖厙 President and CEO Jay Timmons. Across the country, manufacturers are stepping up to keep their employees and their communities safe and healthy, and working closely with elected officials, we can ensure the resilience not only of our companies but also our country.
Read the full survey results .
-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 $2.37 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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 Manufacturers or to follow us on Twitter and Facebook, please visit .
Manufacturers Release Policy Action Plan in Response to COVID-19
We hope our elected leaders can unite to meet this moment.
Washington, D.C. The 51勛圖厙 is calling on the federal government to take legislative and administrative steps to equip manufacturers to respond to COVID-19 and future public health emergencies, including specific actions in five key policy areas.
When our country faces difficult challenges, manufacturers strive to be the solution, said 51勛圖厙 President and CEO Jay Timmons. For the good of our communities and our country, we are committed to bringing people together as we battle the COVID-19 outbreak. Neither government nor industry can solve this challenge alone. This is a path forward to ensure Americans health, our business stability and our economic resilience, and we hope our elected leaders can unite to meet this moment.
The 51勛圖厙s泭“COVID-19 Policy Action Plan Recommendations” identify five key policy areas where legislative and administration action would help combat COVID-19 and future public health emergencies successfully:
- Keeping Our Workforce Safe and Healthy
- Protecting Our Communities
- Providing Economic Stability
- Encouraging Resilient Growth in the United States
- Encouraging Long-Term Job Growth
Read the full policy action plan .
-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 $2.37 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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 Manufacturers or to follow us on Twitter and Facebook, please visit .
Manufacturers: Congressional Action Needed to Aid COVID-19 Response
Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement on the federal governments response to the presence of the COVID-19 virus in the United States:
Congress can immediately help manufacturers respond to the COVID-19 virus by passing critical liability protections for manufacturers of health care equipment recommended by the Centers for Disease Control and Prevention. Across America, manufacturers are already working to support the response to this public health challenge and to find additional ways to expand those efforts. With the inclusion of these vital legal protections in the supplemental appropriations bill, manufacturers can confidently increase new production of even more desperately needed equipment to save lives and keep our communitiesand our worldsafe, secure and healthy.
BACKGROUND: The 51勛圖厙 supports efforts to apply liability protections for National Institute for Occupational Safety and Healthcertified respiratory protective devices used in the current public health emergency by amending the PREP Act. Under a PREP Act declaration, the federal government assumes liability for covered items identified as countermeasures in a public health emergency. Currently, only FDA-regulated items, such as vaccines, drugs and other products, are eligible for PREP Act coverage. NIOSH-certified respirators are not covered but are recommended by the CDC to keep health workers safe from airborne exposures. Additional legal certainty provides the necessary incentives to the market in the effort to add manufacturing capacity by diversifying and expanding the current supply.
-51勛圖厙-
The 51勛圖厙泭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泭more t堯硃紳泭12.8泭million men and women, contributes $2.37泭trillion to the U.S. economy annually and泭has the largest economic泭鳥喝梭喧勳梯梭勳梗娶泭of any major sector and accounts for泭63%泭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 Manufacturers or to follow us on Twitter and Facebook, please visit泭www.nam.org.
Top 51勛圖厙 Trade Adviser Recruited to Private Sector
Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement announcing the departure of 51勛圖厙 Vice President of International Economic Affairs Linda Dempsey:
For more than seven years, Linda Dempsey has been front and center in the most consequential trade policy fights on behalf of manufacturers in America. We began this new year with trade policy accomplishments that were once unimaginable: the U.S.MexicoCanada Agreement, the phase one China deal and its amazingly strong intellectual property protection and an Export-Import Bank that is not only fully functional but also reauthorized for seven years. No one deserves more credit for these accomplishments than Linda, and Im thankful shell still be working closely with manufacturers in America.
-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 $2.37 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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 Manufacturers or to follow us on Twitter and Facebook, please visit www.nam.org.
51勛圖厙 Unveils Historic Creators Wanted Campaign Showcasing Modern Manufacturing
Industry Unites with Over $14M in Sponsorships to Fund First-of-Its-Kind National Tour
Washington, D.C. 泭The 51勛圖厙 and The Manufacturing Institute, the workforce and education partner of the 51勛圖厙,泭today unveiled their Creators Wanted campaign, an unprecedented, nationwide effort to reshape Americas perception of manufacturing and confront the industrys growing skills gap.
By 2025, the impact of Creators Wanted aims to reduce the skills gap in the United States by 600,000, expand 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 to 50% from 27% today.
As part of the campaign, the 51勛圖厙 announced more than $14泭million in initial sponsorships from manufacturing companies for the Creators Wanted Fund, which will support programs and activities in 2020 and beyond to engage and interact with kids and parents in communities nationwide and support important workforce programs to inspire and drive more Americans to pursue careers in modern manufacturing.
Its inspiring to see the industry come together, from small family-run businesses to iconic global brands, to address these critical challenges, reshape Americas perception of manufacturing and close the skills gap. Creators Wanted is a one-of-a-kind opportunity to leverage the manufacturing industrys unmatched strength to confront the workforce crisis with immediate and long-term solutions, said 51勛圖厙 President and CEO Jay Timmons. Thanks to the generous contributions from our sponsors, we have the ability to build the talent pipeline and secure the future of manufacturing in the United States.
The Creators Wanted campaign will feature an on-the-ground, interactive mobile tour designed to inspire Americans in more than 20 states to pursue high-tech, high-paying jobs in modern manufacturing. In addition, the campaign will include a year-long nationwide digital campaign to recruit new talent to the industry and host a culminating Making America Festival in Cincinnati, Ohio, in September, featuring interactive exhibits, thought leadership forums and entertainment to showcase the future of modern manufacturing in America.
The 51勛圖厙 also recognized sponsors of the Creators Wanted campaign, stressing their support in narrowing the skills gap facing manufacturing in America.
Creators Wanted Campaign Sponsors:
Legacy Sponsors
- Ariel Corporation
- The Dow Chemical Company Foundation
- Emerson
- Honda
- Ingersoll Rand, plc (future Trane Technologies)
- Stand Together
- Timken Foundation of Canton
Innovator Sponsors
- Anheuser-Busch Companies, Inc.
- Novelis Inc.
- Stanley Black & Decker, Inc.
- Toyota
Leader Sponsors
- Ball Corporation
- BASF Corporation
- Cornerstone Building Brands
- J&J
- Merck & Co., Inc.
- Microsoft
- Nephron Pharmaceuticals Corporation
- PPG
Champion Sponsors
- The Boeing Company
- Caterpillar Inc.
- Ceridian
- CRH Americas, Inc
- Ecolab Inc.
- Exxon Mobil Corporation
- Goodyear Foundation
- Honeywell International
- JDA
- Leggett & Platt, Incorporated
- Lockheed Martin Corporation
- Nestle
- Nucor Corporation
- Pella Corporation
- Rockwell Automation, Inc.
- Salesforce
- Snap-On, Inc.
- Vermeer Corporation
- Volvo Group
- Walmart, Inc.
- Zoro Corporation
Ally Sponsors
- BKD, LLP
- GE Appliances
- Polaris
Advocate Sponsors
- Adient US LLC
- Ashley Furniture Industries
- Click Bond, Inc.
- Covestro LLC
- FORCAM, Inc.
- Fresenius Medical Care N.A.
- Greene, Tweed & Co.
- Smithfield Foods
Supporters
- BTE Technologies, LLC
- Centennial Bolt, Inc.
- Greenerd Press & Machine Company, Inc.
- Irex Corporation
- Jamison Door Company
- Ketchie, Inc.
- Marlin Steel Wire Products LLC
- Phoenix Closures, Inc.
- Protolabs
- Staub Manufacturing Solutions
- Winton Machine Company
The 51勛圖厙 also announced that Ingersoll Rand Chairman and CEO Michael Lamach, Emerson Chairman and CEO David Farr and retired Fluor Corporation Chairman and CEO David Seaton will co-chair the campaign.
-51勛圖厙-
The 51勛圖厙泭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 t堯硃紳泭12.8泭million men and women, contributes $2.37泭trillion to the U.S. economy annually and has the largest economic泭鳥喝梭喧勳梯梭勳梗娶泭of any major sector and accounts for泭63%泭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 Manufacturers or to follow us on Twitter and Facebook, please visit www.nam.org.
Media Advisory: Vice President Pence to Address 51勛圖厙 Board of Directors
Washington, D.C. Vice President Mike Pence will deliver remarks at the 51勛圖厙 Winter Board of Directors meeting on Friday, February 14, 2020. The meeting will mark the 125th Anniversary of the 51勛圖厙s founding as well as the launch of the historic .
WHAT: Remarks by Vice President Mike Pence at the 51勛圖厙s Winter Board of Directors meeting in Washington, D.C.; introduction by 51勛圖厙 President and CEO Jay Timmons.
WHERE: The Conrad Hotel
950 New York Ave NW
Washington, DC 20001
WHEN: Friday, February 14, 2020
11:15 a.m. EST
Media Check-In: 9:45 a.m. EST at the Terrace Boardroom on the 3rd Floor.
**Members of the media interested in attending Vice President Mike Pences remarks should RSVP to [email protected] with full name, name of outlet and contact information by COB, February, 13, 2020.
***The Vice Presidents remarks will be streamed live at .
-51勛圖厙-
The 51勛圖厙泭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 t堯硃紳泭12.8泭million men and women, contributes $2.37泭trillion to the U.S. economy annually and has the largest economic泭鳥喝梭喧勳梯梭勳梗娶泭of any major sector and accounts for泭63%泭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 Manufacturers or to follow us on Twitter and Facebook, please visit
Media Advisory: Ivanka Trump to Be Honored with 51勛圖厙s Alexander Hamilton Award for Extraordinary Support of Manufacturing in America
Washington, D.C. Advisor to the President Ivanka Trump will be the inaugural recipient of the 51勛圖厙 on Wednesday, Feb. 12. The event will mark the 125th anniversary of the 51勛圖厙s founding as well as the launch of the associations historic .
WHAT: Remarks by Advisor to the President Ivanka Trump at the 51勛圖厙s event to kick off the Creators Wanted campaign and Alexander Hamilton award presented by 51勛圖厙 President and CEO Jay Timmons
WHERE: The Conrad Hotel
950 New York Ave. NW
Washington, DC 20001
WHEN: Wednesday, Feb. 12
6:00 p.m. EST 9:00 p.m. EST
Media Equipment Pre-Set: 5:00 p.m. EST
Media Check-In: 6:00 p.m. EST
Award Ceremony: 7:15 p.m.-7:45 p.m. EST
**Members of the media interested in attending the award ceremony should RSVP to [email protected] with full name, name of outlet and contact information by COB on Tuesday, Feb. 11.
-51勛圖厙-
The 51勛圖厙泭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 t堯硃紳泭12.8泭million men and women, contributes $2.37泭trillion to the U.S. economy annually and has the largest economic泭鳥喝梭喧勳梯梭勳梗娶泭of any major sector and accounts for泭63%泭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 Manufacturers or to follow us on Twitter and Facebook, please visit
Ivanka Trump to Be Honored with 51勛圖厙s Alexander Hamilton Award for Extraordinary Support of Manufacturing in America
Washington, D.C. The 51勛圖厙 announced today that Advisor to the President Ivanka Trump will be the inaugural recipient of the associations Alexander Hamilton Award.
The new award, presented to mark the 125th anniversary of the 51勛圖厙 and the launch of its historic Creators Wanted workforce campaign, recognizes leaders who, like Hamilton, inspire Americans to promote, perpetuate and preserve manufacturing in America.
Ivanka Trump embodies the collaborative spirit and relentless drive needed to solve manufacturers most pressing challengethe workforce crisis. Like no one in government has ever done, she has provided singular leadership and shown an unwavering commitment to modern manufacturing in America. The Alexander Hamilton Award honors leaders who have made exceptional contributions to growing manufacturing in the United States and to empowering more Americans with high-tech, high-paying modern manufacturing jobs, said 51勛圖厙 President and CEO Jay Timmons. For her work bringing together leaders of industry, government and academia to put in-demand careers within reach for all Americans, Ivanka stands out as the perfect choice for this award.
Trump is a champion of promoting the many pathways to well-paying, high-skilled manufacturing jobs. Last year, she attended an event at Alabama Robotics Technology Park in Huntsville to support the Federation for Advanced Manufacturing Education (FAME) program. The Manufacturing Institutethe workforce and education partner of the 51勛圖厙took over stewardship of the FAME program, originally developed and refined by Toyota, announcing the transition during the Huntsville event. FAME is the preeminent earn-and-learn manufacturing apprenticeship, employer-driven program that focuses on the culture of manufacturing along with the necessary technical skills. Trump also chairs the American Workforce Policy Advisory Board, which provides advice and recommendations on ways to encourage the private sector and educational institutions to combat the skills gap crisis. Last July, Timmons joined President Trump and Ivanka Trump to sign the Pledge to Americas Workers, with manufacturers committing to provide training opportunities to 1,186,000 manufacturing workers over the next five years.
As advances in technology and automation change the national economy, so too must the countrys education and job training systems change to prepare Americans for the emerging industries of the future, including advanced manufacturing, said Advisor to the President Ivanka Trump. America is home to the best workforce in the world, but the skills of today do not mirror those of tomorrow. I am committed to ensuring our workforce is equipped with the skills they need to seize the vast opportunities that lie ahead.
The award will be presented in Washington, D.C., on Feb. 12, 2020, during an 51勛圖厙 event to kick off the Creators Wanted campaignan unprecedented, nationwide effort to reshape Americas perception of manufacturing and confront the industrys growing skills gap. Developed by the 51勛圖厙 and The Manufacturing Institute, Creators Wanted will feature an on-the-ground, interactive mobile tour in more than 20 states designed to inspire Americans to pursue high-tech, well-paying jobs in modern manufacturing.
The stakes are high for the manufacturing industry to fill 4.6 million jobs by 2028, according to a study by The Manufacturing Institute and Deloitte, said Timmons. To do that, the 51勛圖厙 will continue to work with leaders in both parties to solve the workforce crisis and to strengthen manufacturing for the future.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 more than 12.8 million men and women, contributes $2.37 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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 Manufacturers or to follow us on Twitter and Facebook, please visit www.nam.org.
-The 51勛圖厙s Alexander泭Hamilton泭Award-
Alexander泭Hamilton, the nations first secretary of the treasury, issued a Report on Manufacturers to the U.S. Congress in 1791. Concerned with the nations debt, dearth of foreign trade and overwhelming dependence on agriculture, he argued for the need to foster manufacturing to promote growth, security and overall well-being. Some considered his vision too radical at the time. His report represented, according to the words of one historian, the grand design by which the United States became the greatest industrial power in the world.
51勛圖厙 Statement on the 2020 State of the Union Address
Manufacturers: In 2020, Partisan Division Does Not Have to Be a Barrier to Progress
Washington, D.C. 51勛圖厙 President and CEO Jay Timmons released the following statement reacting to the 2020 State of the Union address:
With the historic USMCA, unprecedented China deal, game-changing tax reform and ever-growing regulatory certainty, manufacturers have been given powerful tools to keep investing in our people and our communities. We are ready to join the President in building on this progress and achieve the brighter, more optimistic future he envisioned tonight. It is up to manufacturers to continue keeping our promisesto invest in America, hire American workers and raise wages and benefits, while also providing泭environmental stewardship alongside economic growth.
The manufacturing agenda is a post-partisan agenda, and one we have spelled out clearly for candidates and elected leaders in Competing to Win. When we agree, as we often did with the President tonight, we will work together, regardless of party. For instance, President Trump is right to issue a bold call to action on infrastructure, and as the USMCA proved, partisan division does not have to be a barrier to progress. On the other hand, we must not curtail our pharmaceutical manufacturers ability to conduct vital research and development to cure diseases and fight future epidemics similar to the coronavirus. And on immigration, the solution must be comprehensive, as outlined in the 51勛圖厙s A Way Forward.
All of us must come泭together to solve the most pressing challenge facing manufacturers: our workforce crisis. Through the 51勛圖厙s historic Creators Wanted campaign, we are embarking on a sustained, nationwide effort to reach millions of Americans, to narrow the skills gap and inspire a new generation to pursue the high-tech, high-paying jobs of modern manufacturing.
For manufacturers, its not about politics or personality or processits about good policy, policy that puts us on a trajectory to exceed even our loftiest ambitions. Thats what we expect from our presidents and politicians, and we will hold them accountable, just as we promise to hold ourselves to account as well.
-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 $2.37 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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 Manufacturers or to follow us on Twitter and Facebook, please visit .