Speaker Ryan Visits Maryland Manufacturing Facility to Celebrate Manufacturing Day, Advance Tax Reform

Washington, D.C., October 5, 2017 – In celebration of Manufacturing Day, House Speaker Paul Ryan is joining National Association of Manufacturers (NAM) President and CEO Jay Timmons and Dixon Valve & Coupling Company CEO Richard Goodall at Dixon Valve & Coupling Company in Chestertown, Maryland, to highlight manufacturing’s profound impact on the economy and to discuss the industry’s need for tax reform.

“Tomorrow, for Manufacturing Day, America’s dreamers, doers and makers open our doors to modern manufacturing and unveil the opportunities that lie beyond them to students, parents, educators and community members across the country. It is our industry’s biggest stage to recruit and inspire next-generation manufacturers to create and build their—and our—future in America,” said Timmons. “Today’s event is about making sure that future is possible by advancing bold tax reform that will lift everyone up and leave no one behind. Getting tax reform done will secure these jobs in the United States and mean even more Americans can enjoy well-paying, high-tech, hands-on and exciting careers in modern manufacturing.”

In late September, the Trump administration and congressional leaders released their plan to overhaul the U.S. tax code. The proposal, which is the most sweeping reform plan in decades, aims to slash tax rates and simplify the tax code. According to a recent NAM survey of manufacturers, a majority said they would expand their businesses, hire more employees and increase employee wages and benefits if pro-growth tax reform passed.   

“Tax reform is long overdue, so it’s encouraging to see this country addressing this as a top priority,” said Goodall. “With a lower tax rate and a more globally competitive tax system, we will be able to reinvest in the business to drive innovation of our products, modernize our manufacturing process and invest in our people. This would not only create higher-skilled, higher-paying job opportunities, but also enable us to better train for those jobs.” 

First held in 2012 along with the Fabricators & Manufacturers Association, International, Manufacturing Day gives manufacturers the opportunity to address the skills gaps they face, connect with future generations, take charge of the public image of manufacturing and ensure the ongoing prosperity of the industry as a whole. Learn more about Manufacturing Day and the significant impact this event has across the nation here.

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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 $2.17 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..

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