Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons today announced plans to continue the NAM’s ambitious organizational growth by combining with the Innovation Research Interchange.
The IRI is a leader in helping companies drive innovation and develop the cutting-edge technologies that keep manufacturing strong. The NAM’s growing array of services and thought leadership represents another key milestone in the vision adopted by the NAM Board of Directors to become the one-stop shop for manufacturers.
“The modern association must constantly innovate and evolve to best serve its industry, and with the addition of the Innovation Research Interchange, NAM members will have access to the widest array of expertise and services in the history of the association. With this transformational development, the NAM and our industry will benefit from world-class R&D thought leadership and the proven strategies that the IRI has perfected. The IRI will continue to support organizations in their mission to drive innovation, and it will enjoy access to the largest network of manufacturing companies and leaders,” said Timmons. “This development enhances the value proposition for NAM members and is part of our ongoing commitment to provide programming that exceeds our members’ expectations.”
IRI President Ed Bernstein will continue to lead the IRI’s day-to-day operations as vice president and executive director, reporting to NAM Chief Operating Officer Todd Boppell.
“The NAM is the perfect partner for the IRI,” said Bernstein. “Together, we will be the preeminent thought leadership organization for innovation management. We have a proud history of helping manufacturers and others lead R&D that produces lifechanging products and technologies. As part of the NAM, we will be able to equip even more industry leaders with the tools to ensure that innovation is impactful throughout the entire enterprise.”
The combination with the IRI follows the NAM’s acquisition of the Manufacturing Leadership Council in 2018. “As a member of the Manufacturing Leadership Council, I’ve seen firsthand how the MLC has been strengthened since becoming part of the NAM,” said Entegris Director of Digital Transformation and IRI Board Chairman Steven Moskowitz. “The access to even more resources and an incredible network has been invaluable—especially through the ongoing pandemic and supply chain disruptions. That’s why I believe that bringing the IRI, MLC and NAM together is the right move for everyone—IRI members, NAM members and the entire industry. The combination of the IRI, MLC and NAM will not only provide continued leadership from each individual organization for their members, but also create opportunities for new value across the entire product lifecycle, thus demonstrating the old adage that the total is greater than the sum of the parts. This positions all of us for even greater success and creates the future-facing organization we need.”
As part of the transition, IRI staff will join the NAM team. More information on the IRI can be found here.
The National Association of Manufacturers 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 12.5 million men and women, contributes $2.52 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 58% 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 NAM or to follow us on Twitter and Facebook, please visit www.nam.org.
-Innovation Research Interchange-
Innovation Research Interchange (formerly the Industrial Research Institute) is an inclusive membership organization with hundreds of global members in private-sector companies, federally funded laboratories, universities and others. Founded in 1938, we lead and advance the field of innovation management by creating contemporary practices. Some of the world’s most widely adopted models—such as “open innovation,” “front end of innovation” and “stage-gate”—were born from the work of our members. We value strength in cooperation and partner with other organizations at the forefront of developments in innovation management, creating a hub for all to convene and contribute in an experimental, noncompetitive and noncommercial environment. For more information, visit www.iriweb.org.