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Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement after the House of Representatives passed government funding legislation that includes a long-term reauthorization of the Export-Import Bank and repeals the medical device tax, health insurance tax and “Cadillac” tax:

Manufacturers continue to rack up victories for the men and women of our industry as the year comes to a close. Congressional leaders are to be commended for including so many of our top priorities in this must-pass bill. Securing a long-term reauthorization of the Export-Import Bank will safeguard manufacturing jobs in America and help level the playing field with other countries, especially China and Germany, so it could not come at a more critical time.

For nearly a decade, manufacturers have led the charge for the permanent repeal of onerous taxes on Americans’ health care. Winning these long-sought repeals will reduce the cost of providing quality benefits to manufacturing employees and delivering lifesaving medical technologies to patients.

Above all, this vote proves once again that even in a fiercely divided Washington, manufacturers can break through and get important work done for the good of our industry and the American people. Now the Senate must do its job so we can secure the President’s signature and ring in 2020 as a stronger, more competitive industry.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Twitter and Facebook, please visit .

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement welcoming the trade announcement from the United States and China:

President Trump has landed an historic, enforceable deal that protects a broad range of U.S. intellectual property, such as trade secrets, and provides strong, new tools to tackle counterfeiting of our products. The agreement also ensures tough enforcement to protect manufacturing innovations and, most importantly, the jobs of American workers today and into the future. For two years, manufacturers have been the leading voice for an enforceable agreement to make China play by the rules and stop cheating once and for all. This is an enormous step forward to achieving that goal.

The 51�Թ��� first called for the administration to pursue a bilateral trade agreement with China in a letter from Timmons to President Trump in January 2018. The 51�Թ��� has released a full negotiating objectives framework for an agreement that will address China’s unfair trade practices and level the playing field for manufacturers in the United States.

Today’s announcement represents real progress, and manufacturers look forward to working with President Trump and U.S. Trade Representative Robert Lighthizer to achieve additional concrete outcomes on other key unfair trade practices that translate into a lasting, game-changing agreement.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – Carbon capture is one of the most promising tools to address climate change, especially for industrial sectors. Today’s release of ��will help policymakers prioritize solutions and drive innovation. 51�Թ��� Senior Director of Energy and Resources Policy Rachel Jones had the following response:

Manufacturers in America continue to lead the charge on clean energy solutions. We can’t address climate change without carbon capture, but hurdles stand in the way of faster progress. This report maps out a plan; now we need policymakers to take swift, bold action.

The 51�Թ��� applauds the hundreds of scientists, engineers, geologists and other experts who undertook this effort to understand what we need to fully benefit from carbon capture technologies. We’re dedicated to developing this technology here in the U.S. and to ensuring America continues to lead.

BACKGROUND: “Meeting the Dual Challenge: A Roadmap to At-Scale Deployment of Carbon Capture, Use and Storage” answers the Secretary of Energy’s request for advice on the actions needed to deploy carbon capture technologies at scale in the United States. Building on previous research and expertise, the report addresses the entire CCUS supply chain and recognizes that at-scale success requires economic and operational integration across industries, harmonized local/state/federal regulations and broad public acceptance.

Quotes from the carbon capture report:

“Carbon capture, use and storage (CCUS) is an essential element in the portfolio of solutions needed to take on the dual challenge of supplying energy while addressing the risks of climate change.��This report describes the opportunity and maps out the actions needed to expand the application of CCUS in the United States.”

“To achieve CCUS deployment at scale, the U.S. government will need to reduce the uncertainty on existing incentives, establish adequate additional incentives and design a durable regulatory and legal environment that drives industry investment in CCUS.”

“At-scale deployment of CCUS will help the U.S. energy industry shape the energy transition by continuing to supply the growing world population with more energy in the decades to come, while reducing emissions to limit the risks of climate change.”

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Twitter and Facebook, please visit .

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement welcoming the announced deal to move forward the U.S.–Mexico–Canada Agreement:

Manufacturers support the USMCA, and we are encouraged that the administration and House Democrats have forged a path forward, with the support of Canada and Mexico as well. To be sure, as with any agreement of this nature, not every objective that we sought was met. For instance, we are extremely disappointed that the agreement missed an opportunity to set the gold standard for the protection of American-made lifesaving innovations and inventions. Protection of intellectual property is a key principle and critical for the long-term vitality of the manufacturing industry and the men and women who work in our sector.

Nevertheless, a ratified USMCA will deliver increased certainty for manufacturers—especially for the 2 million manufacturing workers whose jobs depend on North American trade.

This has been a long process, and manufacturers will continue to work closely with the administration and both the House and Senate to approve the USMCA by the end of this year. We deeply appreciate the hard work of the Trump administration, particularly the United States Trade Representative, Ambassador Bob Lighthizer, as well as leaders of both parties in Congress who have brought us to this point and continue to listen to manufacturers.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit .

Indianapolis, IN – As the 51�Թ��� continues building out its 2020 , 51�Թ��� President and CEO Jay Timmons released the following statement on the fourth meeting of the American Workforce Policy Advisory Board:

Manufacturers expect to need to fill 4.6 million jobs over the next decade, so the stakes could not be higher for our industry. We have to solve the manufacturing workforce crisis, and bringing together industry executives, academic leaders and federal, state and local officials is exactly the right approach. That is why we are proud to help drive the work of the American Workforce Policy Advisory Board alongside Ivanka Trump and Commerce Secretary Wilbur Ross, and it is why the 51�Թ��� and The Manufacturing Institute are leading the Creators Wanted campaign. This nationwide effort, which will include a national Creators Wanted Tour in 2020, will inspire a new generation to pursue promising modern manufacturing careers.

Background

The American Workforce Policy Advisory Board, chaired by Advisor to the President Ivanka Trump and Commerce Secretary Wilbur Ross, was established by the Department of Commerce pursuant to Executive Order 13845, Establishing the President’s National Council for the American Worker. The board provides advice and recommendations on ways to encourage the private sector and educational institutions to combat the skills gap crisis by investing in and increasing demand-driven education, training and retraining, including through apprenticeships and work-based learning opportunities.

Timmons was nominated to serve on the American Workforce Policy Advisory Board in September 2018 by Carolyn Lee, executive director of The Manufacturing Institute, the workforce and education partner of the 51�Թ���. Timmons also serves as chairman of the board of the Institute. According to a����conducted by the Institute and Deloitte, the manufacturing industry will need to fill 4.6 million jobs over the next decade, 2.4 million of which are expected to go unfilled. In July, on behalf of manufacturers at the one-year anniversary of the Pledge to America’s Workers, the 51�Թ��� 1.186 million new training and upskilling opportunities for manufacturing workers.

Ahead of its 125th anniversary and the 2020 elections, the 51�Թ��� recently launched the a multimillion-dollar campaign to inspire and drive more Americans to pursue careers in modern manufacturing. The campaign aims to cut the skills gap by 600,000 workers by 2025; increase by 25% the number of students enrolling in technical and vocational schools; increase by 25% the number of students enrolling in apprenticeships and reskilling programs; and raise to 50%—from 27%—the number of parents who would encourage their children to pursue a career in modern manufacturing.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Twitter and Facebook, please visit .

Washington, D.C. – The 51�Թ��� is pleased to announce a with national nonprofits SBP and Good360 that will offer disaster resiliency and recovery resources, support and training to the 51�Թ���’s 14,000 members nationwide.

Building on the broader philanthropic and community work 51�Թ��� members have been doing regularly for many years, this partnership with two national disaster resiliency and recovery organizations expands the reach and effectiveness of the 51�Թ���’s efforts and positions 51�Թ��� members to better understand and engage with disaster recovery needs in their own communities and across the country.

The partnership benefits 51�Թ��� members by providing training, resources and tools to prepare for and respond to natural disasters, helping members reduce the risk of disasters and recover quickly should one strike. The partnership will also provide opportunities for purposeful and impactful giving and lending, allowing members to maximize the impact of their charitable giving to communities affected by disasters. Similar to the outpouring of resources to 51�Թ��� members after recent events such as Hurricane Dorian and Tropical Storm Imelda, the 51�Թ���’s partnership with SBP and Good360 will provide ongoing support to affected members’ employees to simplify an overly complicated recovery space and increase predictability for survivors as they navigate their individual recovery.

Manufacturers and 51�Թ��� members are tireless supporters of our communities and those in need,” said 51�Թ��� Chief Operating Officer Todd Boppell. “We are excited about the opportunity to expand and extend our disaster resiliency work and to make that support more effective than ever.

The 51�Թ��� announced the strategic partnership to members at its September board meeting in Washington, D.C.

By leveraging each other’s strengths and experiences, the 51�Թ���, SBP and Good360 look forward to many successful initiatives to help manufacturers become more resilient and active in their community’s disaster recovery.

-SBP and Good360-

SBP is a national nonprofit whose mission is to shrink the time between disaster and recovery by educating individuals, companies, nonprofits and government agencies about disaster preparedness before events occur and helping those affected by disasters to rebuild and recover. Good360, also a national nonprofit, is the global leader in product philanthropy and purposeful giving and partners with hundreds of socially responsible companies to source highly needed products and distribute them through a network of diverse nonprofits that support people in need, including survivors of disasters.

SBP and Good360 have partnered with the 51�Թ��� to provide training, resources and tools to help manufacturers prepare for and respond to natural disasters.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit .

Washington, D.C. – 51�Թ��� Vice President of Energy and Resources Policy Ross Eisenberg released the following statement after the U.S. Environmental Protection Agency issued a final rule that strengthens manufacturing facility safety and security.

Manufacturers believe strongly in safety as part of an ongoing commitment to the communities around them and those they serve. This is why 51�Թ��� members make security investments and prudently engage in risk management planning, and that’s why we support the action the EPA is taking now, said Eisenberg. By further strengthening the integrity of the Risk Management Program, the EPA can help guarantee safety and security for facilities and communities by ensuring manufacturers are able to continue making safe, innovative and sustainable products while protecting human health and the environment.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement after the House of Representatives passed the United States Export Finance Agency Act (H.R. 4863), legislation to reauthorize the Export-Import Bank for 10 years:

The members of Congress who cast their vote for reauthorizing the Export-Import Bank stood with America’s manufacturing workers today. The Ex-Im Bank is a vital tool for ensuring manufacturers in America can compete on a level playing field. Around the world, 100 other export credit agencies are in operation, so shutting down the Ex-Im Bank is akin to unilateral disarmament. It would hand a victory to China. That is why the Senate must now act. Manufacturers strongly support both the just-passed House bill and the bipartisan Senate Ex-Im Bank reauthorization bill introduced by Sen. Kevin Cramer (R-ND) and Sen. Kyrsten Sinema (D-AZ) that similarly provides for a 10-year robust reauthorization. Manufacturers urge the Senate to act on a long-term and robust reauthorization to provide certainty and improve American competitiveness.

Quick facts about the Ex-Im Bank:

• The agency has supported��2.5 million jobs��over the past 20 years.
• On average, more than��90%��of the Ex-Im Bank’s transactions directly support small businesses.
• The agency has generated��$9.6 billion��for taxpayers since 1992.
• Foreign competitors are stealing America’s competitive advantage by devoting��hundreds of billions of dollars��to official export credit agency financing for their domestic manufacturers.
• The agency’s default rate is better than many commercial lenders and far below the 2% maximum rate set by Congress.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – 51�Թ��� President and CEO Jay Timmons released the following statement on the Securities and Exchange Commission’s proposed proxy rulemaking:

Today’s announcement shows the SEC has listened to manufacturers’ concerns—and is taking action to rein in the abuses and risky practices of proxy advisory firms and politically motivated activists. Manufacturers across the country have called for reforms to help enhance our ability to grow and thrive in America. Proxy advisory firms are unregulated actors that put Main Street investors’ retirement savings at risk through their error- and conflict-ridden reports, while activists pressure manufacturers to focus on political issues at the expense of company growth. Reforming the proxy process will empower manufacturers to invest in our people and our communities more confidently—and to power economic growth for all Americans. The 51�Թ��� looks forward to continuing to work with the SEC to finalize and implement this important rule proposal.

Background
The 51�Թ��� has led the effort in favor of SEC action to ensure proxy advisory firms work in the best interest of manufacturers and manufacturing workers. Over the past two years, the 51�Թ��� has written��������to the SEC urging reforms to the proxy process, supported����passed by the House of Representatives to increase SEC oversight of proxy advisory firms and launched a����in conjunction with the U.S. Chamber of Commerce, including the website��, to highlight the issues that companies face in their interactions with proxy advisory firms and provide a feedback portal for businesses to share their stories.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

Washington, D.C. – 51�Թ��� Vice President of International Economic Affairs Linda Dempsey released the following statement after the House Financial Services Committee passed legislation to reauthorize the Export-Import Bank for 10 years:

Manufacturers need long-term certainty that the Ex-Im Bank can keep helping manufacturers secure new sales overseas that support well-paying American jobs. The legislation would help manufacturers in the U.S. compete in the global economy by providing a 10-year reauthorization, increasing the authorization ceiling and ensuring the agency’s board will remain fully functioning. This deserves strong bipartisan support on the House floor. We appreciate the members who support this critical agency and thank them for their vote on this important legislation.

Quick facts about the Ex-Im Bank:

• The agency has supported��2.5 million jobs��over the past 20 years.
• On average, more than��90%��of the Ex-Im Bank’s transactions directly support small businesses.
• The agency has generated��$9.6 billion��for taxpayers since 1992.
• Foreign competitors are stealing America’s competitive advantage by devoting��hundreds of billions of dollars��to official export credit agency financing for their domestic manufacturers.
• The agency’s default rate is better than many commercial lenders and far below the 2% maximum rate set by Congress.

-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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier of any major sector and accounts for more than three-quarters 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit .