Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement ahead of tomorrow’s White House infrastructure meeting:
Every year, America is falling further behind on infrastructure. Investment is currently only one-third of what it was in 1960, and without action on infrastructure, we will lose 5.8 million jobs by 2040. Any serious legislative proposal must fix the Highway Trust Fund—through various user fees—and be transformational in its scope so that manufacturers and the country are positioned for future success. That’s why manufacturers are calling for at least $1 trillion in much needed new investment. Millions of jobs and our nation’s competitiveness are at stake, and it is time for our elected leaders to act.
In February, the NAM released “Building to Win”—an ambitious initiative to revitalize our nation’s failing infrastructure. Originally released ahead of the 2016 elections, the updated proposal serves as a blueprint to repair our roads, bridges, rails, airports, ports and waterways and revolutionize the infrastructure that makes the American Dream possible. It represents manufacturers’ vision for the path forward—one that will enhance the competitiveness of manufacturers and improve the lives of manufacturing workers and all Americans.
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 $2.25 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.