Timmons: This is a Manufacturers Bill
Manufacturers Ask Lawmakers to Act Quickly to Advance Final Package
Washington, D.C. In advance of the Senate vote on passage of the tax bill, 51勛圖厙 President and CEO Jay Timmons issued the following statement:
This is a manufacturers billthrough and through. It reflects the priorities that manufacturers across the country have long championed: policies that drive growth, boost competitiveness, strengthen communities and support good-paying jobs.
This bill is strong because the partnership behind it is strong. Our nations leaders have listened to Americas manufacturerspositioning our industry to lead and succeed like never before. And that means more prosperity for the United States. With enthusiasm for this achievement and gratitude for our advocates in Congress, we call on our partners in the Senate to finish the job.
-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 $2.93 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.
Contact us with questions or requests
Bessent, Trump Administrations Tax Deal Massive Triumph for Manufacturing in America
Washington, D.C. 51勛圖厙 President and CEO Jay Timmons issued the following statement thanking President Donald Trump and Secretary Scott Bessent for achieving a monumental deal with G-7 allies that the OECD Pillar 2 taxes will not apply to U.S. companies, laying the groundwork to remove the harmful Section 899 proposal from the pro-manufacturing One Big Beautiful Bill Act:
In a massive triumph for manufacturing in America, Treasury Secretary Bessent announced a deal to protect both domestic and foreign-headquartered manufacturers investing in the United States from oppressive, job-killing taxes. The 51勛圖厙which yesterday brought together manufacturers of all sizes to meet with Deputy Secretary Michael Faulkender to discuss the importance of countering OECD Pillar 2 and preventing the harm of Section 899congratulates President Trump for this outstanding deal.
Todays deal is a win for manufacturing and a win for America. Manufacturers thank Secretary Bessent, Deputy Secretary Faulkender and the Trump administration for reaching this historic deal to shield manufacturers in America from damaging foreign taxes that unfairly stifle job creation in the U.S.
Manufacturers have long raised concerns about the overreaching and extraterritorial nature of OECD Pillar 2. We greatly appreciate Chairman Jason Smith and Chairman Mike Crapo for their commitment to defending manufacturers in the U.S. from discriminatory foreign taxes. Companies of all sizes across our industry will benefit from the Trump administration removing the threat of these damaging tax burdens.
Todays announcement also paves the way for the House and the Senate to lift the threat that Section 899 poses to foreign-headquartered manufacturers ability to invest and create jobs in America. Manufacturers have been working with Congress to ensure that the One Big Beautiful Bill Act is maximally beneficial for manufacturing investment in America, and todays announcement is a crucial step in that direction.
Its now time for the Senate to vote and for the House to send this bill to President Trumps desk by July 4.
-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 $2.93 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 .
Manufacturers: Senate Tax Package Delivers on Key Manufacturing Tax Priorities
Washington, D.C. The Senate Finance Committee today unveiled its version of the One Big Beautiful Bill Actpreserving the core of the 2017 Tax Cuts and Jobs Act.
51勛圖厙 President and CEO Jay Timmons issued the following statement:
Chairman Crapo and the Senate Finance Committee are delivering the kind of tax policy manufacturers have been calling forpolicy that drives growth, unlocks investment and grows jobs. We commend Chairman Crapo for his leadership and steadfast commitment to pro-manufacturing tax policy. By preserving the full suite of pro-growth policies from the TCJA, this bill marks a major step forward for manufacturing in America.
Manufacturers also want to ensure that the tax code continues to support inbound investment into the United States as well as preserve incentives that drive investments in the manufacturing and energy production needed to power Americas economic growth. If the Senate acts now, manufacturers can continue to growbuying equipment, hiring workers, increasing pay and expanding operations with greater certainty and confidence.
The Finance Committee recognizes whats at stake: nearly 6 million jobs and more than a trillion dollars in economic output depend on getting this right.
This is a once-in-a-generation opportunity to lock in a manufacturing resurgence in the U.S. Lets finish the jobbecause when manufacturing wins, America wins.
Background:
The Senate bill contains key 51勛圖厙 priorities, including:
- A permanent pass-through deduction and retention of pro-growth individual and corporate tax rates;
- Permanence for pro-growth tax policies like immediate R&D expensing, full expensing for capital equipment purchases and a pro-growth interest deductibility standard;
- An expanded and permanent estate tax exemption;
- Pro-manufacturing reforms to the international tax system that protect Americas competitiveness on the world stage; and
- A first-of-its-kind incentive allowing immediate expensing of the cost of new factories and modernizations.
Last week, the 51勛圖厙 released a report, Keeping Our Promises: Manufacturers on Eight Years of Tax Reform, featuring firsthand success stories from manufacturers on how the TCJA enabled them to invest in their facilities, their workers and their communities. Learn more about the 51勛圖厙s Manufacturing Wins campaign to protect 2017 tax reformhere.
-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 $2.93 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 .
Promises Kept, Progress at Risk: Manufacturers Urge Swift Action to Preserve Tax Reform
Washington, D.C. As manufacturers call on Congress to urgently pass the One Big Beautiful Bill Act, the 51勛圖厙 released a report today, that highlights the transformative impact of the 2017 Tax Cuts and Jobs Act on manufacturing in the U.S. From small family-run operations to global enterprises, the report shows how manufacturers delivered on their promises to invest, hire and grow, thanks to the savings from tax reform. It also warns of the serious risks to jobs and growth if pro-manufacturing tax policies are allowed to expire.
The evidence is clear: manufacturing had its best job creation in more than two decades, the strongest wage growth in 15 years and significant investment in capital equipment after the passage of the TCJA in 2017, said 51勛圖厙 Executive Vice President Erin Streeter. But several of these tax provisions have expired alreadyand the rest are scheduled to sunset at the end of this yearputting at risk 6 million American jobs, more than $500 billion in wages and benefits and more than $1 trillion in GDP.
The report features firsthand accounts from manufacturers like Westminster Tool, Click Bond, Ketchie, Gentex, Winton Machine, Jamison Door Company and more that transformed tax reform savings into tangible investments in the future, leveraging tax reform to:
- Raise wages and expand benefits;
- Invest in advanced machinery and technology;
- Strengthen R&D and innovation;
- Build new facilities and expand existing ones; and
- Create jobs and economic opportunity in their communities.
This is a success story were proud to sharetold through the experiences of manufacturers that delivered on their commitments and backed by research that reinforces what theyve witnessed firsthand over the past eight years: tax reform worked, Streeter added. Congress faces a straightforward choice to make the TCJAs manufacturing-empowering provisions permanent, or risk undermining the foundation of our economic competitiveness.
Read the full report and manufacturing success stories from across the country
Learn more about the 51勛圖厙s Manufacturing Wins campaign to protect 2017 tax reform .
-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 $2.93 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 .
Manufacturers Asked and EPA Delivered: Repeal of Unworkable Power Plant Rule a Victory for Grid Reliability, Protecting Americas Energy Future
Washington, D.C. In response to the EPAs decision to repeal the 2024 power plant rule, a key priority for the 51勛圖厙 ongoing efforts to rebalance federal regulations and unleash American energy, 51勛圖厙 President and CEO Jay Timmons issued the following statement:
The EPAs decision to repeal the unworkable power plant rule for existing coal-fired and new natural gas-fired power plants is a critical and welcome step toward rebalanced regulations and American energy dominance. This change will strengthen grid reliability and support manufacturing growth in the United States.
From the onset, the 51勛圖厙 has warned that this rule would undermine the stability of our electric grid and impose unworkable mandates on critical energy infrastructure. The rules unrealistic timeline for power plants to adopt certain emerging technologies to commercial scale made it infeasibleundermining Americas energy security and hampering Americas leadership in next generation technologies like AI. Existing natural gas plants are critical to powering manufacturing in the United Statesproviding affordable, reliable baseload energy to continuously support industry. By layering new regulations on an already overburdened electric grid, the rule was putting our energy security at risk. Repealing this unbalanced rule will enhance manufacturers access to Americas abundant energy resources and ensure that the industry has the power it needs to drive the American economy.
Background: Todays action builds on the momentum from a December 2024 51勛圖厙-ledletter to the transition team, signed by more than 100 manufacturing organizations, detailing regulatory actions the incoming administration could take to right-size regulations that stunted manufacturing growth and job creationincluding the power plant rule.It also implements one of the key from the letter the 51勛圖厙 sent to 10 federal agencies in April, including the EPA, identifying the power plant rule as one of the most burdensome regulations facing manufacturers and urging a rebalanced approach to strengthen, rather than strain, U.S. manufacturing. Last year, the 51勛圖厙 Rep. Baldersons (OH-12) Congressional Review Act resolution that would have blocked implementation of this rule.
-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 $2.93 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 .
To Drive Domestic Growth, Manufacturers Propose U.S. Manufacturing Investment Accelerator Program to Boost Access to Manufacturing Inputs
Washington, D.C. The 51勛圖厙 today unveiled the U.S. Manufacturing Investment Accelerator Program, a programmatic proposal designed to help manufacturers deliver on President Trumps vision of America as a global manufacturing powerhouse.
President Trumps administration is prioritizing policies that spur more investment and innovation in manufacturing in the U.S.a goal that manufacturers share. As the administration pursues reciprocal trade deals, the 51勛圖厙 is seeking zero-for-zero tariff outcomes with our top export markets, said 51勛圖厙 President and CEO Jay Timmons. As these deals materialize, manufacturers need a runway of predictable access to the critical inputs necessary to make things in America, empowering them to invest, create jobs, grow and compete. The U.S. Manufacturing Investment Accelerator Program is a manufacturing speed pass that will unlock long-term investments needed to maintain Americas edge in the global economy.
Why the program is needed right now: Even if the manufacturing industry were operating at full capacityevery machine turned on, every job filledthen the industry could produce only 84% of the inputs necessary to meet demand. That means that at least 16% of manufacturing inputs must be imported to grow domestic manufacturing.
Tariffs on critical manufacturing inputs dramatically increase the cost of these must-use, must-import inputs, thus hindering the very investment needed to grow manufacturing jobs in the U.S. These inputs are raw materials, critical minerals and energy resourcesas well as some equipment and machinery our industry needs to install on the shop floor to enable U.S. production.
Timmons added, The U.S. Manufacturing Investment Accelerator Program offers a way to bring in essential inputs that arent produced in the U.S. without added cost burdensand it rewards manufacturers that expand production, invest in new equipment and create jobs here at home. Every dollar of imported manufacturing inputs has a multiplier effect, generating $1.40 on average in manufacturing output in the U.S. This proposal is a practical, pro-growth approach that supports President Trumps trade priorities and turns his goal to strengthen manufacturing in America for the long term into reality.
Background on the U.S. Manufacturing Investment Accelerator Program:
- A Manufacturing Speed Pass
- To reduce the cost burdens that hinder domestic manufacturing investment, the administration should utilize existing authorities to issue general licenseseffectively a manufacturing speed passthat allow manufacturers to import essential inputs duty-free.
- This includes raw materials, machinery, components and R&D inputs not readily available domestically.
- Eligible manufacturers would self-certify under defined criteria and be subject to post-entry verification by U.S. Customs and Border Protection.
- The Treasury Department, which has experience with general licensing frameworks, would be tasked with implementation.
- Manufacturing Investment Accelerator Rebates
The administration should provide a rebate to offset tariff costs incurred on must-import inputs when manufacturers are investing or expanding manufacturing in the U.S. Rebates would apply to:
- New or expanded manufacturing facilities;
- Technological upgrades and equipment modernization;
- Hiring of full-time manufacturing employees; and
- Domestic R&D expenditures.
Additionally, to ensure the program remains responsive and effective in generating manufacturing expansion in the U.S., the 51勛圖厙 recommends convening a Quarterly Manufacturing Dialogue between manufacturers and key federal agencies, including U.S. Treasury, the Office of the U.S. Trade Representative, the Department of Commerce and the Small Business Administration, among others.This ongoing forum would allow for real-time feedback, operational updates and continuous improvement of the Accelerator Program to better serve manufacturers in America.
The 51勛圖厙 also today unveiled a first-of-its-kind new data analysis visualized in a trade map, offering a state-by-state look at the increase in tariff costs borne by manufacturers and the need for globally sourced critical inputs necessary to make things in Americasuch as raw materials, critical minerals and energy sources.
The 51勛圖厙s Q2 2025 Manufacturers Outlook Survey showed manufacturers optimism has dropped to 55.4%, the lowest level since the height of the COVID-19 pandemic in Q2 2020. Trade uncertainty remained the top business concern for the second consecutive quarter, cited by 77.0% of respondents.
-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 $2.93 trillion to the U.S. economy annually and accounts for 53% of private-sector rese arch and development. The 51勛圖厙 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 51勛圖厙 or to follow us on Twitter and Facebook, please visit www.nam.org.
Survey: Manufacturers Optimism Drops, Signaling Urgent Need to Pass Tax Bill
Washington, D.C. The 51勛圖厙 released its Q2 2025 Manufacturers Outlook Survey, revealing that optimism among manufacturers across the country has dropped sharply. Only 55.4% of respondents report a positive outlook for their companiesa nearly 15-percentage-point drop from Q1 and the lowest level since the height of the COVID-19 pandemic in Q2 of 2020.
The survey conducted earlier this month revealed that 85.4% of manufacturers believe Congress should preserve pro-growth tax policies in response to trade uncertainty.
Trade uncertainty remained the top business concern for the second consecutive quarter, cited by 77.0% of respondents, followed by increased raw material costs, which was cited by 66.1% of respondents.
These numbers are yet another indicator that manufacturers need increased policy certainty. Congress must act urgently to preserve tax reform and empower manufacturers to make the long-term investments that drive the American economy, said 51勛圖厙 President and CEO Jay Timmons. The stakes are high: preserving tax reform will prevent the loss of 6 million jobs and avoid a $1 trillion hit to the economythats why manufacturers are calling on the Senate to preserve pro-manufacturing tax policies from the House-passed reconciliation bill, while also taking steps to ensure the final package is maximally beneficial for our industry. Pro-manufacturing tax policies are a critical component of a comprehensive manufacturing strategy; this quarters results also show that manufacturers need a strategic approach to trade policy that allows our industry to reduce costs and access the inputs we need to make things in America.
The 51勛圖厙 releases these results to the public each quarter. Further information on the survey is available here.
-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 $2.93 trillion to the U.S. economy annually and accounts for 53% of private-sector rese arch 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.
AIs Rising Power in Manufacturing Spurs Call for Smarter AI Policy Solutions
New Report from the Manufacturing Leadership Council Shows More Than Half of Manufacturers Expect Investment in AI to Increase in the Next Two Years
Washington, D.C. The Manufacturing Leadership Council, the digital transformation division of the 51勛圖厙, today released a groundbreaking report, , that reveals how manufacturers are embracing artificial intelligence on shop floors. The report, a product of the MLCs , underscores the need for a policy framework that supports U.S. AI growth, innovation and leadershipone that streamlines compliance, fosters transparency and aligns energy, workforce, privacy and innovation rules with the realities of smart manufacturing.
AI has become essential to modern, competitive manufacturing in America: for example, manufacturers use cutting-edge AI tools like AI-powered cameras to enhance worker safety and eliminate product defaults, AI simulations to design new products and optimize shop floor operations, and AI data analytics to control costs and manage supply chains more efficiently. Manufacturers are also embedding AI in new, intelligent products. The report shows that 51% of manufacturers already use AI in their operations, with 61% expecting investment in AI will increase by 2027. By 2030, 80% say AI will be essential to growing or maintaining their business.
The report also illustrates that manufacturers face ongoing barriers to using and scaling AIindicating data quality and accessibility as the top challenges, with 65% of respondents reporting they lack the right data for AI applications and 62% citing data that is unstructured or poorly formatted.
Artificial intelligence isnt new to manufacturing. For years, manufacturers have been developing and deploying AI-driven technologiesmachine vision, digital twins, robotics and moreto make shop floors smarter, supply chains stronger and workplaces safer, said 51勛圖厙 President and CEO Jay Timmons. The latest report from the MLC reinforces the need for modernized, agile, pro-manufacturing AI policy solutions, so that manufacturers can continue to innovate on shop floors across America. Manufacturers welcomed President Trumps early commitment to maintaining and advancing Americas global AI dominance, and we look forward to continuing to champion American AI leadership and manufacturing in America, which starts with adopting a pro-AI regulatory framework and pursuing policies that bolster innovation.
As manufacturers seek to expand their use of AI and unlock its full potential at scale, the report also highlights areas where manufacturers may face challenges and require additional investment, such as modernizing data architectures, developing a more knowledgeable workforce, building organizational trust and accelerating legacy infrastructure upgrades.
The 51勛圖厙 has proposed a series of policy recommendations for policymakers to drive AI development and adoption in manufacturing:
- Adopt a pro-AI regulatory approach given the growing number and variety of use cases in AI in manufacturing, which require an optimized regulatory environment.
- Develop the manufacturing workforce of the AI age by supporting training programs, career and technical education institutions and STEM education and immigration. According to the MLCs report, 82% of manufacturers cite a lack of AI-ready skills as the top workforce challenge.
- Advance energy and permitting reform to support AI-related data center growth.
- Protect personal data by passing a comprehensive privacy law that preempts state laws, provides liability protections that prevent frivolous litigation and adopts a risk-based approach that enables innovation and AI.
- Support U.S. manufacturing of AI chips by executing funding agreements with chip manufacturers and renewing the Advanced Manufacturing Investment Credit.
- Incentivize U.S. AI innovation by passing the One Big Beautiful Bill Act that preserves pro-manufacturing tax policies.
A worldwide competition for AI supremacy is underway, and manufacturers have the opportunity to lead the charge with this game-changing technology, said MLC Founder, Vice President and Executive Director David R. Brousell. Fast-moving developments in the technology have turbo-charged interest and adoption of AI in its many forms, intensifying competition. To win, manufacturers in America need a strong ecosystem of partners and support to create new, competitive advantages in all facets of the manufacturing industry, from operations, to supply chains, to the workforceand in their efforts to innovate for the future.
Background:
Manufacturers have been at the forefront of developing and implementing cutting-edge AI systems that are transforming shop floors and revolutionizing operations.
In March, the 51勛圖厙 to inform the White Houses development of an AI Action Plan, explaining how manufacturers are using AI on the shop floor and in operations, with specific recommendations on rebalancing and right-sizing AI regulations to enhance Americas global AI dominance.
In May 2024, the 51勛圖厙 published Working Smarter: How Manufacturers Are Using Artificial Intelligencea report that explains the ways in which manufacturers are already using AI, making the technology integral to modern manufacturing with manufacturers at the forefront of developing and implementing AI systems.
Most recently, the House-passed reconciliation bill included language to prevent a patchwork of state AI regulations that would impede AI innovation and development, in line with the 51勛圖厙s advocacy for workable, flexible national standards.
-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 $2.93 trillion to the U.S. economy annually and accounts for 53% of private-sector rese arch 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 .
Featured Quotes from 51勛圖厙 Board Chair Kathy Wengel and Partners of the MLCs
AI continues to drive innovation, efficiency and better outcomes for manufacturers across America. From accelerating drug discovery and development to optimizing manufacturing operations, AI enables companies to make smarter, faster and more impactful decisions, said Kathy Wengel, Executive Vice President and Chief Technical Operations and Risk Officer at Johnson & Johnson and Board Chair at the 51勛圖厙 (51勛圖厙).Importantly, AI empowers employees at all levels, when we equip them with the knowledge and understanding to help shape the implementation of these new technologies. AI is proving to be an essential partner on the shop floor, and we must continue to ensure manufacturing employees have the skills theyneedto build the future of our industry.”
The Manufacturing Leadership Council survey shows that while continuous improvement remains a key performance indicator for AI in manufacturing, more manufacturers are starting to see greater value in automation and prediction moving forward. From identifying improvement opportunities to analyzing how people interact with systems, AI is enhancing workplace safety and amplifying the power of the leaders on the floor to solve problems faster before any potential disruption to operations. With 63% of manufacturers meeting or exceeding their targets with AI, this survey shows that this trend is only expected to grow as companies prepare their factories for the future. – Tim Buschur, Chief Strategy Officer, Invisible AI
Smart manufacturing is advancing rapidly as manufacturers invest in AI and emerging technologies to drive efficiency and long-term business value. Rockwell Automation is helping address key challenges, such as workforce gaps and technology readiness, through strategic partnerships that accelerate digital transformation. The broader manufacturing sector can benefit from initiatives like this, which share practical expertise and clear guidance to demystify AI and empower organizations at any stage of digital maturity to adopt advanced technologies with confidence. – Austin Locke, Global Lead of Data Science and AI at Kalypso, a Rockwell Automationbusiness
AI is rapidly becoming central to manufacturing operations, yet nearly a third of survey respondents are unsure who oversees AI governance at their company. To fully realize AIs potential, organizations can build a stronger foundation by implementing robust governance strategies that go beyond the technology itselffostering cross-functional collaboration among leadership and frontline teams to ensure that data, systems, and people are equipped to use AI effectively in real-world settings. – Kris Slozak, Director of Consumer and Industrial Products, West Monroe
Business leaders are already seeing immediate benefits with the use of AI; however, manufacturers still face challenges around inaccessible data, limited employee skillset to leverage AI effectively, and outdated systems and operations. Companies that invest early in strong data governance, smart integration, and cross-functional collaboration will be better positioned to compete and grow. – Prasoon Saxena, Global Co-Lead Products Industries, NTT DATA
AI is already driving measurable value for manufacturers by enhancing decision-making and transforming critical supply chain operations. To fully unlock its potential at scale, investing in modern data infrastructure, enhancing workforce knowledge and skills, and adopting new processes to embrace new ways of working will be essential to help manufacturers remain competitive now and in the future. – Richard Weng, Managing Director, Accenture
Manufacturers: Nuclear Energy Orders Power Up Manufacturing in America
Washington, D.C. The 51勛圖厙 today welcomed President Trumps latest executive orders to expand the development of nuclear energy, streamline federal permitting and strengthen domestic fuel production. 51勛圖厙 President and CEO Jay Timmons issued the following statement:
These actions mark an important and timely step toward unleashing American energy dominance safely and responsibly. Nuclear-generated power is an important part of an all-of-the-above energy strategy, which is necessary to meet the power needs of a growing manufacturing sector, and the nuclear fuel supply chain is a critical manufacturing industry that we need to bring home.
The executive orders include measures to accelerate the licensing of next-generation nuclear reactors, open federal lands for energy infrastructure and increase domestic uranium production. Together, these actions address critical supply chain challenges and energy demandsparticularly as the AI-driven economy continues to grow.
Rebalancing regulations and expediting permitting reform to unleash American energy are key pillars of a comprehensive manufacturing strategy that Congress must act on so manufacturers can grow, hire and competeand these orders reflect that vision by reforming the licensing and permitting systems that place burdens on manufacturers.
The 51勛圖厙 looks forward to working closely with the National Energy Dominance Council, under the leadership of Secretary of the Interior Doug Burgum and Energy Secretary Chris Wright, as well as Congress to ensure these policies translate into durable results for manufacturers.
Background:
Most recently, support for nuclear energy in the U.S. has climbed to 61% according to , reaching just one point below the all-time high in 2010. Support for accelerating the development and commercialization of both traditional nuclear energy plants as well as advanced modular reactors is vital to Americas energy future and the success of manufacturers in the U.S.
The 51勛圖厙 has long championed policies that drive investment in advanced nuclear power to meet rising U.S. energy demand fueled by electrification, advanced manufacturing and the surge in AI and data centers.
These include:
- Reforming the permitting and approval process to make it easier for reactor projects to locate on underused or abandoned sites;
- Early licensing work provisions to help deploy reactors more quickly at national security infrastructure sites; and
- A series of awards to encourage companies to develop advanced-reactor technology.
-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 $2.93 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 .
House Delivers for ManufacturingSenate Must Seal the Deal
Washington, D.C. Following House passage of H.R.1, the One Big Beautiful Bill Act, 51勛圖厙 President and CEO Jay Timmons issued the following statement:
Todays House passage of this historic legislation marks a major victory for manufacturers across America. This pro-growth legislation preserves crucial tax policies that will enable manufacturers to create jobs, invest in their communities, grow here at home and compete globally. In short, this is a manufacturers bill.
Manufacturers commend House Speaker Mike Johnson, House Majority Leader Steve Scalise, House Ways and Means Committee Chairman Jason Smith and the House for advancing this critical legislation, and we urge the Senate to act swiftly to build on this momentum.
The stakes are high: preserving tax reform will prevent the loss of 6 million jobs and avoid a $1 trillion hit to the economy. Manufacturers urge the Senate to maintain the pro-manufacturing policies in the House bill while continuing to work with manufacturers to ensure the final package is maximally effective at supporting manufacturing investment here in the U.S.
This is a pivotal moment. Its time to double down on policies that encourage manufacturers to invest and create jobs in America and keep our industry strong and our nation competitive on the world stagebecause when manufacturing wins, America wins.
Background:
To preserve a pro-manufacturing, pro-growth tax code, the House reconciliation bill approved today would:
- Increase the pass-through deduction for small and medium-sized manufacturers and make this important deduction permanent, freeing up capital for businesses to invest and create jobs;
- Make permanent the competitive individual tax rates established by tax reform, benefiting the 96% of manufacturers organized as pass-throughs that pay tax at these rates;
- Increase and make permanent tax reforms estate tax exemption, protecting more family-owned manufacturers assets from the estate tax;
- Reinstate immediate R&D expensing, reducing the costs of groundbreaking research and supporting innovation across our sector;
- Revive full expensing for capital equipment purchases, enabling manufacturers to purchase new machinery and expand their shop floors;
- Restore a pro-growth interest deductibility standard, enhancing manufacturers ability to pursue job-creating projects;
- Create an incentive for manufacturers investments in new and refurbished facilities, supporting factory construction here in the U.S.;
- Preserve tax reforms international tax system by making the FDII, GILTI and BEAT regimes permanent, enhancing Americas competitiveness on the world stage; and
- Protect the 21% corporate tax rate, ensuring America remains the best place for manufacturing investment and job creation.
The 51勛圖厙 recently launched a featuring small and medium-sized manufacturers from across the country thanking Chairman Smith and the whole committee for championing the policies in the bill most critical to the manufacturing 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 $2.93 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 .