Washington, D.C. – Following President Biden’s signing of the Infrastructure Investment and Jobs Act, National Association of Manufacturers President and CEO Jay Timmons and Trane Technologies Executive Chair and NAM Board Chair Mike Lamach released the below statements:
“Now that this historic bill has become law, we can build a future worthy of the next generation,” said Timmons. “For manufacturers, this is a victory years in the making. In 2016, the NAM released our ‘Building to Win’ plan, which called for exactly this type of bold infrastructure investment. It has guided our advocacy with administrations and legislators of both parties, and the leadership of President Biden and senators from both parties produced a bill that achieved many of our ‘Building to Win’ goals without raising tax rates on manufacturers. And this bipartisan approach can be a model for future legislation—one that puts policy above politics, personality or process.”
“As chair of the National Association of Manufacturers, I’m honored to be at today’s signing and pleased to have been part of this historic, bipartisan process to build a safer, stronger infrastructure,” said Lamach. “The Infrastructure Investment and Jobs Act is a critical investment in our nation’s economic recovery and in the future of manufacturing. Funding for critical transportation, broadband, water and energy systems will strengthen supply chains, protect the environment and enable opportunity for people across our country.”
To see key provisions championed by the NAM in the Infrastructure Investment and Jobs Act, click 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 more than 12.5 million men and women, contributes $2.5 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.