From Managing Automation: A Report on Competition

By May 4, 2010Taxation

National Association of Manufacturers President John Engler was in Palm Beach today, speaking at Manufacturing Automation’s Manufacturing Leadership Summit. The publication reported on today’s speeches, Engler’s included. From “Manufacturing Community Sets Agenda at Leadership Summit“:

PALM BEACH, FL — Manufacturing leaders will have to reconsider their strategies abroad and pressure Washington for policy change at home if U.S. manufacturing is to rebound beyond what one economist called “the biggest fake [recovery] in economic history.”

Those were the key messages at the Managing Automation Media Manufacturing Leadership Summit, which kicked off here on Tuesday morning.

In a keynote address, John Engler, president of the National Association of Manufacturers, implored Washington to cut corporate tax rates and to make permanent the research and development tax credit that expired at the end of 2009. Failure to pass a long-term extension is threatening U.S. competitiveness, he said.

“By standing still, we’ve fallen further and further behind in some key areas,” said Engler, who is a former three-term governor of Michigan.

 

 

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