2015: A Year of Historic Victories for Manufacturers
There’s Still More Work to be Done in 2016, but We Will Build on Our Successes
Washington, D.C., December 30, 2015 – National Association of Manufacturers (NAM) President and CEO Jay Timmons issued the following statement after a year of historic victories for America’s manufacturers and job creators:
“2015 brought a wave of historic legislative and legal victories for manufacturers, following months—and in some cases years—of aggressive advocacy from the NAM. Not only did we secure landmark provisions in Congress’ year-end omnibus bill, but we also achieved wins throughout the year that will create jobs and grow the middle class.
“We secured the reauthorization of the Export-Import Bank, passage of a long-term infrastructure bill and approval of Trade Promotion Authority, as well as made progress on important regulatory reforms, such as reform of the Toxic Substances Control Act and an extension of the Positive Train Control deadline. All of this will help small and large manufacturers better compete in the global economy.
“For more than 20 years, the NAM has led the fight for a permanent research and development tax credit that can compete with the more robust research incentives of other countries—so that manufacturers will be better able to innovate here in the United States. As the year came to a close, that goal became a reality, and this one historic achievement will help to secure our mantle of leadership in innovation for future generations.
“Manufacturers also secured other key tax provisions at the end of the year, such as the suspension of the medical device tax and a delay of the employee benefits tax, also known as the ‘Cadillac’ tax.
“In the courts, the NAM led the fight against a requirement from the Securities and Exchange Commission that would have created unnecessary bureaucracy for manufacturers, fought in a landmark case to require the Environmental Protection Agency to consider costs in the rulemaking process and helped a small family-owned manufacturer win a 17-year battle against the federal government that will set an important precedent to rein in False Claims Act cases.
“These victories were no accident. This was a phenomenally successful year because manufacturers across the country raised their voices. By bringing people together and telling our stories, we were able to advance our priorities at a time when we faced serious challenges and headwinds.
“There’s still more work to be done in 2016, but we will build on our successes from 2015 so that manufacturers can compete to win for America.”
To learn more about manufacturing priorities, visit www.nam.org.
The National Association of Manufacturers (NAM) 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 million men and women, contributes $2.09 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM 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.