Press Releases

Press Releases

NAM Welcomes SEC Guidance as Major Win for Manufacturers

“The SEC Has Heeded Manufacturers’ Call”

Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement on the SEC’s announced guidance on proxy advisory firms:

“The SEC has heeded manufacturers’ call and has taken concrete steps that will help protect the savings of Main Street investors. For too long, investment advisers have relied on unaccountable proxy advisory firms when making decisions about Americans’ retirement investments. Proxy firms often have agendas disconnected from companies’ success or Americans’ financial security, and their reports have been found to contain errors and conflicts of interest. That’s why the NAM urged the SEC to act, and manufacturers are encouraged that the commission has heard our recommendations and is working to implement these initial reforms. We look forward to building on these first steps to achieve even more progress.”

Background
The NAM has been a leading voice in favor of SEC action to ensure proxy advisory firms work in the best interest of manufacturers and manufacturing workers. Over the past two years, the NAM has written several comment letters to the SEC urging reforms to the proxy process, supported legislation passed by the House to increase SEC oversight of proxy advisory firms and launched a six-figure ad campaign in conjunction with the U.S. Chamber of Commerce, including the website ProxyReforms.com, to highlight the issues that companies face in their interactions with proxy firms and provide a feedback portal for businesses to share their stories.

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

Contact us with questions or requests

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Press Releases

MLC Releases Blueprint for Next Phase of Manufacturing Digitization

Washington, D.C. – The Manufacturing Leadership Council has released a new blueprint to guide manufacturers as they transition to the digital model of doing business. The blueprint, called the 2019/2020 Critical Issues Agenda, is the latest strategic guidance on digital transformation released by the MLC, a division of the National Association of Manufacturers.

The MLC’s mission is to help senior manufacturing executives and emerging leaders define and shape a better future for themselves, their organizations and the industry by focusing on the intersecting business and technology issues driving manufacturing growth. The Critical Issues Agenda encompasses the technology, organizational and leadership requirements of implementing the digital model of modern manufacturing, also known as Manufacturing 4.0.

The agenda covers five categories:

  • Factories of the Future
  • Establishing M4.0 Cultures: Collaborative, Innovative, Integrated and Connected
  • Transformative Technologies in Manufacturing
  • Next-Generation Manufacturing Leadership and the Changing Workforce
  • Manufacturing 4.0 Sustainability

The 2019/2020 Critical Issues Agenda identifies opportunities for manufacturers to become more efficient, more productive and even to develop new business models and services by successfully implementing new digital technologies and practices. These include data entrepreneurship, deploying artificial intelligence, the use of digital twins and providing digital skills training.

For nearly 10 years, our Critical Issues Agenda has proven to be a comprehensive and reliable model for embracing Manufacturing 4.0, said David R. Brousell, Co-Founder of the MLC. But what’s new and important this year is the need for leaders to develop greater digital acumen and for manufacturing organizations to deal with even greater volumes of data from increasingly connected factories and plants. If manufacturers can rise to these challenges, they will go a long way to unleashing the potential of M4.0.

The agenda is the result of a unique member-driven process designed to capture and reflect the views and insights of the MLC’s 1,500-strong executive membership. The resulting agenda is then finalized and approved by the MLC’s Board of Governors.

I am delighted that the MLC’s member-driven process continues to enable us to identify the critical issues that MLC members themselves have defined as most important in their drive to transform their businesses to world-class levels of efficiency and competitiveness, said John Fleming, chairman of the MLC’s Board of Governors and former executive vice president of global manufacturing and labor affairs at Ford Motor Company. The MLC will work tirelessly to deliver thought-leading knowledge and insights around these key transformational issues in the year ahead.

Full descriptions of the 2019/2020 Critical Issues Agenda are available on the MLC’s website and in the August 2019 issue of the Manufacturing Leadership Journal.

-MLC/NAM-

Founded in 2008, and now a division of the National Association of Manufacturers, the Manufacturing Leadership Council’s mission is to inspire and support manufacturing executives to achieve transformational growth for themselves, their companies and the industry at large through enlightened leadership. With more than 1,500 senior-level members from many of the world’s leading manufacturing companies, the MLC focuses on the intersection of advanced digital technologies and the business, identifying growth and improvement opportunities in the operation, organization and leadership of manufacturing enterprises as they pursue their journeys to Manufacturing 4.0.

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

 

Press Releases

Wheeler Announces Proposed 401 Rule at NAM’s CMA Conference

“This Proposal Is a Win for Manufacturers”

Charleston, SC – National Association of Manufacturers President and CEO Jay Timmons released the following statement after EPA Administrator Andrew Wheeler announced an EPA proposal to clarify Section 401 of the Clean Water Act at the NAM’s Council of Manufacturing Associations’ Summer Leadership Conference in Charleston, South Carolina:

“The EPA’s efforts to modernize regulations and deliver regulatory certainty have contributed to strong manufacturing growth in recent years. This proposal is a win for manufacturers that would build on that success by offering much-needed clarity to states and manufacturers alike. Too often, the vaguely worded Section 401 has been used as an excuse to block critical infrastructure and trade projects. By setting clear guidelines, the EPA is empowering manufacturers to invest in our people and communities with confidence and to work with state leaders to protect our water and environment.

“We are grateful that Administrator Wheeler chose to announce this landmark proposal at the NAM’s Council of Manufacturing Associations’ Summer Leadership Conference. It demonstrates that by working together, government and business leaders can ensure economic growth and environmental stewardship go hand-in-hand.”

Section 401 of the Clean Water Act gives states an important role to play in ensuring water quality standards are not impaired by federally permitted projects. This proposal will give state and federal partners more clearly defined roles, responsibilities and consistent expectations in line with the statute and recent court decisions. The proposed rule seeks to protect waters by strengthening the Section 401 process.

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

733 10th St. NW, Suite 700 • Washington, DC 20001 • (202) 637-3000

Press Releases

National Association of Manufacturers Launches NAM Health Care to Address Member Health Coverage Needs

NAM Offers Association Health Plan for Employers in Select States

ANN ARBOR, MICH. – The National Association of Manufacturers announced today that it will offer an association health plan to its members, extending affordable health care to small and medium-sized manufacturing companies and member associations in approved states. In states where the association health plan is not available, the NAM will connect manufacturers with available small-group options in their state.

“This association health plan is another step in our work to make the NAM a one-stop shop for manufacturing across the United States,” said NAM President and CEO Jay Timmons. “With small and medium-sized businesses making up more than 90 percent of our membership, this plan will help provide health care and reduce uncertainty for workers and their employers across the country.”

The plan, called NAM Health Care (www.namhealthcare.com), was developed to meet manufacturers’ unique health care needs. It will offer a portfolio of health benefits options insured by UnitedHealthcare. In states where these plans are available, businesses with 2 to 99 employees will be able to choose from a variety of PPO (Preferred Provider Organization) and HSA (Health Savings Account) health plans. Members will also have access to UnitedHealthcare’s Choice Plus care provider network of more than 1.2 million physicians and care professionals and 6,500 hospitals and other care facilities nationwide. UnitedHealthcare will work with any licensed or appointed agents who want to sell NAM Health Care.

In addition, Mercer will provide the NAM’s small business members with consulting services regarding health benefits offerings and contribution strategies, marketing support to educate and enroll their employees, plan administration and compliance services. The Mercer Affinity 365+sm platform will provide members technology for quoting, enrollment and ongoing benefits administration to drive cost efficiencies and facilitate employee engagement.

Association health plans allow companies to band together to manage and purchase health care coverage that may save on annual health insurance costs by providing plans that are typically enjoyed by larger companies at a competitive price. Under NAM Health Care, eligible member companies also will have access to supplemental benefits, including dental, vision and life.

“The work that manufacturers are doing every day grows the economy and strengthens our country, and they deserve the health care they need to do that job with certainty and support,” said Timmons. “At the NAM, we are proud to help lower costs and increase competitive health coverage for the men and women who make things in America.”

NAM Health Care is quoting these plans for eligible member groups for a Sept. 1, 2019, enrollment date. To enroll in these plans, where available, interested businesses may visit www.namhealthcare.com.

-NAM-

Press Releases

NAM Statement on China Tariffs

“It’s Time for an Agreement to Be Reached”

Washington, D.C. – National Association of Manufacturers President and CEO Jay Timmons released the following statement on the newly-announced 10 percent tariffs on $300 billion worth of Chinese goods:

“Manufacturers acknowledge that China cheats, and we were the first to call for a rules-based, enforceable trade agreement with China to end their unfair and harmful trade practices. The administration’s latest tariff action will certainly get their attention, but it also has the attention of manufacturing workers in the U.S. and their families, who are feeling the negative impact of the current tariffs and will be made even less competitive with this new tax on trade. We trust the administration has considered all of these short-term economic down-sides as they reach for long-term improvement.

“Manufacturing optimism took a substantial hit in our latest survey, driven largely by uncertainties in trade policy. If the U.S. economy slows, the world economy will follow quickly, and China’s people will suffer mightily as well. China should be willing to conclude an enforceable, bilateral trade agreement that ends the uncertainty and levels the playing field for all manufacturers.

“The world is simply not willing to let China continue to distort markets, steal intellectual property and force transfers of technology and data, among other damaging practices. It’s time for an agreement to be reached.”

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

733 10th St. NW, Suite 700 • Washington, DC 20001 • (202) 637-3000

Press Releases

Manufacturers Welcome Senate Bill to Reauthorize Ex-Im Bank

“We Need Long-Term Certainty”

Washington, D.C. – National Association of Manufacturers Vice President of International Economic Affairs Linda Dempsey released the following statement praising introduction of legislation authored by Sens. Kevin Cramer (R-ND) and Kyrsten Sinema (D-AZ) to reauthorize the Export-Import Bank:

“We need long-term certainty that the Ex-Im Bank will be able to continue helping manufacturers of all types and sizes secure new sales overseas that support well-paying American jobs. This bipartisan legislation—through its 10-year reauthorization of the agency and fixes to its past quorum issues—will help do just that and marks an important step forward toward reauthorization. Manufacturers appreciate the work of members on both sides of the aisle to move forward a robust Ex-Im reauthorization and urge both chambers of Congress to work together to reauthorize the agency before the September 30 deadline. The more than 12.8 million men and women who make things in America are depending on it.”

Quick facts about the Ex-Im Bank:

  • The agency has supported 1.7 million jobs over the past 10 years.
  • On average, more than 90 percent of the Ex-Im Bank’s transactions directly support small businesses.
  • The agency has generated $9.6 billion for taxpayers since 1992.
  • Foreign competitors are stealing America’s competitive advantage by devoting hundreds of billions of dollars to official export credit agency financing for domestic manufacturers.
  • The agency’s default rate is better than many commercial lenders and far below the 2 percent maximum rate set by Congress.

-NAM-

Press Releases

Michigan Manufacturers Gather in Washington to Urge USMCA Passage

The National Association of Manufacturers Is Committed to Helping Manufacturers and Manufacturing Employees in Michigan by Supporting USMCA Passage

Washington, D.C. – On Wednesday, July 17, the National Association of Manufacturers will bring manufacturing leaders from Michigan and across the country together in Washington to urge Congress to pass the new U.S.–Mexico–Canada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including more than 117,000 in Michigan, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the Michigan economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said NAM President and CEO Jay Timmons. Without this agreement, Michigan’s manufactured goods exports could be subject to $5.2 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing output—more than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the NAM, Canada and Mexico purchase more manufactured goods from Michigan than the rest of the world combined, contributing $34 billion to the state economy each year.

A large chorus of Michigan businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

Press Releases

California Manufacturers Gather in Washington to Urge USMCA Passage

The National Association of Manufacturers Is Committed to Helping Manufacturers and Manufacturing Employees in California by Supporting USMCA Passage

Washington, D.C. – On Wednesday, July 17, the National Association of Manufacturers will bring manufacturing leaders from California and across the country together in Washington to urge Congress to pass the new U.S.–Mexico–Canada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including more than 95,000 in California, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the California economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said NAM President and CEO Jay Timmons. Without this agreement, California’s manufactured goods exports could be subject to $10.1 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing output—more than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the NAM, Canada and Mexico purchase more than one-quarter of California’s total global manufacturing exports, contributing $44 billion to the state economy each year.

A large chorus of California businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

Press Releases

Texas Manufacturers Gather in Washington to Urge USMCA Passage

The National Association of Manufacturers Is Committed to Helping Manufacturers and Manufacturing Employees in Texas by Supporting USMCA Passage

Washington, D.C. – On Wednesday, July 17, the National Association of Manufacturers will bring manufacturing leaders from Texas and across the country together in Washington to urge Congress to pass the new U.S.–Mexico–Canada Agreement. Manufacturers will meet with their respective members of Congress to let them know why the USMCA is pivotal to their businesses and the 2 million men and women across the nation, including nearly 115,000 in Texas, whose manufacturing jobs depend on exports to Mexico and Canada.

The USMCA is critical to the Texas economy, and swift passage will help restore certainty for manufacturers across the country, allowing them to grow and compete with the rest of the world, said NAM President and CEO Jay Timmons. Without this agreement, Texas’s manufactured goods exports could be subject to $37.3 billion in extra taxes, threatening manufacturing jobs across the state and hurting consumers and families.

The USMCA, which has been ratified by Mexico, modernizes and bolsters free trade between North American nations, benefitting workers, farmers, ranchers and businesses in each country. The new agreement will expand U.S. exports, improve intellectual property protections and enforcement and create new provisions on digital trade.

Canada and Mexico purchase one-fifth of the total value of U.S. manufacturing output—more than the next 11 countries combined despite representing less than 4 percent of the global economy. These exports support about 2 million American manufacturing jobs and 40,000 small and medium-sized businesses. According to new state data from the NAM, Canada and Mexico purchase half of Texas’s total global manufacturing exports, contributing $123 billion to the state economy each year.

A large chorus of Texas businesses, chambers of commerce and industry organizations have all come out in support of USMCA passage.

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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.

Press Releases

Manufacturing Leaders Meet with Vice President Pence to Push Passage of USMCA

Manufacturers: We Need USMCA to Continue to Win

Washington, D.C. – A delegation of manufacturing leaders met with Vice President Mike Pence today to highlight the importance of the United States–Mexico–Canada Agreement to manufacturing in the United States.

The delegation included former NAM Board Chair and Emerson Chairman and CEO David Farr, Winton Machine Company Co-Owner and CEO Lisa Winton, Kent Corporation Chairman and CEO Gage Kent, General Motors Company Chairman and CEO Mary Barra, Sukup Manufacturing Co. President Charles Sukup and HM Manufacturing President Nicole Wolter.

“The Trump administration continues to show its steadfast commitment to America’s manufacturing workers,” said Farr. “Manufacturers in Missouri and across the nation are keeping our promise to grow, invest and hire. This historic agreement will help us sustain this momentum. Congress must act now and ratify this agreement.”

“Manufacturing in Georgia is stronger thanks to policies like tax reform and regulatory certainty,” said Winton. “To keep making significant contributions to local economies, we need certainty on trade, which means we need Congress to pass the USMCA. It’s essential to the livelihoods of Georgia manufacturing workers.”

Canada and Mexico are manufacturers’ top trading partners, purchasing one-fifth of the total value of U.S. manufacturing input—more than the next 11 countries combined. These exports support 2 million American manufacturing jobs and 43,000 small and medium-sized businesses. Comprehensive new state data from the NAM shows the USMCA’s positive impacts in each state and throughout the U.S. On Wednesday, the NAM is bringing manufacturing leaders from across the country together in Washington to urge Congress to pass the USMCA.

“The USMCA would undoubtedly strengthen and expand the U.S. food and agriculture industry—and all the sectors that support it, including manufacturers,” said Kent. “Agriculture is at the center of the Iowa economy, supporting countless jobs and industries. Each day that passes without the USMCA in place is a day that costs Iowa’s manufacturers and businesses.”

“General Motors has long supported efforts to modernize the agreement and believes passage of USMCA is vital to the success of the US automotive industry,” said Barra. “The certainty that comes from having USMCA in place will allow us to continue to invest in manufacturing in the United States with confidence.”

“American businesses need certainty in our trade policy to create jobs and grow,” said Sukup. “Without concrete, modern trade laws with our closest trading allies—Canada and Mexico—manufacturers in America won’t reach our full potential. On behalf of Iowa’s more than 25,000 employees whose jobs rely on North American trade, I urge Congress to swiftly pass the USMCA.”

“Tariff-free, modern trade is important for Illinois manufacturers, especially us small businesses,” said Wolter. “Selling what we make here to countries around the world helps us to remain competitive in today’s global economy. It also helps us to reinvest in our businesses, hire more employees and give back to the community.”

-NAM-

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 12.8 million men and women, contributes $2.38 trillion to the U.S. economy annually, has the largest economic multiplier 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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