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ShopTalk Podcast: Under the Hood of Modern Manufacturing

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The NAM sat down with Honda of America Vice President of Business Operations, Pam Heminger to discuss modern manufacturing in America.

Heminger explains how Honda efficiently, designs, produces and delivers their products and focuses on meeting their customer’s ever-changing needs. She also describes modern manufacturing as clean, bright and innovative, and says that manufacturing has always been a part of her life.

Listen to the full podcast to learn more about Honda of America and modern manufacturing.

My Meeting With President Trump

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This morning at the White House, President Trump convened a group of business leaders to talk about growing the economy and creating jobs. As Chairman of the Board of the National Association of Manufacturers (NAM), I told him directly what actions manufacturers want to see from his administration and from Congress.

I outlined many of the solutions that the NAM has already compiled in “Competing to Win.” We talked about tax reform, regulatory reform, infrastructure investment and workforce development. But I really hammered home the point on regulations, perhaps the biggest roadblock for manufacturers right now.

For the average small manufacturer with fewer than 50 employees, regulatory compliance costs almost $35,000 per employee per year. And, according to a recent NAM study, manufacturers face more than 297,000 restrictions on our operations from federal rules and regulations. This burden is crazy, and it’s time for smarter and simpler regulations.

It is encouraging to have an administration that will take the time to sit down with manufacturers and hear what we have to say. He was eager to listen, and in private as in public, his commitment to manufacturing was evident. Manufacturers have the solutions. We just need our leaders to get the work done.

The president knows that other countries are beating us with smarter, fairer tax codes, investments in modern infrastructure and a more sensible, navigable regulatory environment. The world can’t match the productivity and innovation of the U.S. workforce, but without meaningful reform, working families will pay the price for our policy mistakes.

Yesterday, I was honored to help launch the State of Manufacturing Tour at Emerson in Austin. The tour will share with people across this country the same message I took to the president. And that message is that we all must work together if we are going to achieve the goal of making manufacturing—and America—even greater than ever before.

Creators Wanted! Say Hello to The Future of Manufacturing!

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“Creators are wanted,” say many manufacturers across the United States. And the National Association of Manufacturers (NAM) is taking another step to populate the talent pipeline in America—with a new “Creators Wanted” video and infographic series we’re rolling out during the State of Manufacturing Tour. Over the next week, on the NAM’s digital platforms, you’ll begin to see the makings of the NAM’s new initiative to show parents and teachers, and thereby children, what modern manufacturing really looks like today (and will look like tomorrow). We’re grateful for the participation of Anheuser-Busch, Dell, Emerson, General Motors, Honda and PPG Industries, as well as BTE, Edward Marc Brands, HELM Boots, Marlin Steel and Stihl, to help us get this series started. Here’s a first look.

We hope you’ll share these videos and infographics—because the numbers not only bear out the need but also the opportunity in modern manufacturing. At General Motors, for example, approximately 500 to 600 college graduates are hired every year—and, like the teammates featured in our videos, they might not be what you think of when you envision a “manufacturer.” Picture someone who can develop an app for your smart device. That’s part of an account we heard yesterday in Austin, Texas, when the tour visited GM’s IT Innovation Center—one of four such state-of-the-art operations in the United States. Overall, according to a study by the NAM’s Manufacturing Institute and Deloitte, over the next decade, 3.5 million manufacturing jobs likely need to be filled.

So parents and teachers, let’s get millennials and members of Generation Z heading towards careers in modern manufacturing—a path to not just well-paying jobs but also to career longevity and the pride, and passion, that comes with making something tangible, real for us and our world.

Governor Greg Abbott Declares Modern Manufacturing Week in Texas

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At the kickoff of the 2017 State of Manufacturing Tour at the Emerson Innovation Center, Texas Secretary of State Rolando Pablos presented NAM officials with a proclamation declaring Modern Manufacturing Week in Texas. The text of the proclamation can be viewed here:

Throughout history manufacturing has played a significant role in creating the foundation for the American and Texas economies. Due to the efforts of great Texans in that industry, manufacturing continues to make significant contributions to the local, state and national economy, positioning itself as a cornerstone of the Texas economy.

NAM President and CEO Jay Timmons and NAM Board Chair and CEO of Emerson, David Farr receive the proclamation from Texas Sec. of State Rolando Pablos. Photo by David Bohrer

NAM President and CEO Jay Timmons and NAM Board Chair and CEO of Emerson, David Farr receive the proclamation from Texas Sec. of State Rolando Pablos. Photo by David Bohrer

The growth of the industry continues, and advanced manufacturing provides us with new technologies, innovative products and high-paying jobs for Texans. The impact is broad and the contributions of Texas manufacturing companies can be seen in a variety of sectors. The industry remains steady and accounts for 14.5 percent or $238 billion of our state’s total economic output. Further, Texas-based manufacturing operations employ over 800,000 Texans and allow products made in the Lone Star State to be used around the world.

To continue this great legacy, many Texas manufacturing businesses are working to inspire the next generation of innovators. And modern manufacturing, bolstered by technological progress, is creating pathways for enhancing individual talent and increasing wages in Texas and across the country.

At this time, I encourage all Texans to learn more about the vast career opportunities manufacturing provides and the importance of manufacturing to our everyday lives.

Therefore, I, Greg Abbott, Governor of Texas, do hereby proclaim February 22 – March 1, 2017, to be MODERN MANUFACTURING WEEK.

NAM Kicks off 2017 State of Manufacturing Tour in Austin,Texas

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The 2017 State of Manufacturing Tour launches today in Austin, Texas! This is manufacturers’ moment to tell our story and leverage the national enthusiasm for our industry.

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NAM President and CEO Jay Timmons participates in an interview with Good Day Austin. Photo by David Bohrer.

From Texas, we will travel to New York, Michigan, Ohio, Pennsylvania and Wisconsin. If you can’t join us in person, we can still follow the action and help amplify the message.

We want to show the country the true story of modern manufacturing and the incredible, rewarding careers we offer.

You can find the full list of our stops on our tour website and access the opening remarks here, from our kickoff event in Austin.

Follow along with us on Twitter, Facebook and Instagram. Don’t forget to use #StateofMFG. We are excited to join with manufacturers, business leaders, elected officials and students from across the country to share the promise of manufacturing’s future and our commitment to “be the solution” for the challenges facing our communities and our country.

See you on the tour!

Confirmation of Scott Pruitt Will Bring Balance to the EPA

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Washington, D.C., February 17, 2017 – National Association of Manufacturers President and CEO Jay Timmons issued the following statement congratulating Scott Pruitt on his confirmation as Environmental Protection Agency (EPA) administrator:

“After facing record high costs to comply with EPA regulations over the past decade, manufacturers welcomed today’s Senate confirmation of Scott Pruitt to lead the EPA. We are confident that under his leadership, Pruitt will restore balance to the way environmental regulations are developed. Manufacturers look forward to him getting to work right away.

“Manufacturers know it’s possible to have responsible environmental stewardship and robust economic growth at the same time. We are leaders on sustainability and developing emissions-reducing innovations, and as we look to find solutions to the environmental challenges we face, manufacturers will continue to lead the way.”

-NAM-

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 $2.17 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.

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

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Americans Accelerated Their Spending at Year’s End

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The Bureau of Economic Analysis said that personal spending accelerated at year’s end, rising 0.5 percent in December. This was its fastest monthly pace since September, boosted by strong growth in durable goods purchasing, which were up 1.4 percent in December. In contrast, nondurable goods spending was slightly higher but essentially flat. In general, Americans have been more willing to open their pocketbooks in recent months relative to a more-cautious approach seen earlier last year. Along those lines, personal consumption expenditures grew 4.5 percent year-over-year in December, up from 2.9 percent in March and its highest level in two years.

With the pickup in spending, the savings rate edged lower, down from 5.6 percent in November to 5.4 percent in December. This was the lowest rate since March 2014, and it was down from 6.1 percent one year ago. Therefore, the savings rate remained consistent with the narrative of better spending data as the year progressed. Read More