A highly flawed report that employs the mantle of global health to take aim at innovation and manufacturing was released today by a U.N. panel, representing a real missed opportunity to focus the world on collaborative and effective solutions that could make a substantial difference for real people facing access barriers. Read More
From cutting-edge advances in information technology, energy-efficiency and lifesaving medical devices and medicines, California’s manufacturers are global leaders in innovation.
At the forefront of innovation is research and development (R&D). The manufacturing industry in California spent $81.7 billion on R&D in 2012—ranking it first nationally. From years of R&D stems manufacturers’ trade secrets and proprietary intellectual property (IP), which is the lifeblood of the industry and the key to creating new consumer goods and generating more effective and efficient technologies. Therefore, there is nothing more critical to California’s manufacturers than the guarantee that their IP will be protected.
Unfortunately, recently introduced legislation would require manufacturers in the pharmaceutical, biopharmaceutical and biotech-related industries to disclose proprietary operational information and data. The bill’s sponsors likely had the best intentions in mind, as it is important that we work to reduce our nation’s health care costs and access. However, this legislation would have the opposite effect. Mandating manufacturers of medical devices and medicines to turn over sensitive data, such as the cost of R&D, would have no impact on controlling costs, but would severely hamper their ability to compete.
The legislation singles out one industry, but devalues the work of all innovators and would send a chilling effect across the manufacturing industry. R&D is risky and expensive, but the rewards are tremendous and should not be desensitized. In California alone, total output from manufacturing was $255.53 billion in 2014, employing 1,271,000 Californians. Manufacturers are the lead drivers of innovation, creating economic growth and jobs. Legislators in California must understand how critical strong IP protections are to protecting the industry and the state’s economy.
Digital technology is changing the landscape of how the world makes things. More and more often, terms like “advanced manufacturing” and “smart” work are being used to describe the latest era in our sector. But what does “advanced manufacturing” mean? What affect is it having on the supply chain? On jobs? On our laws? Greg Scheu, executive committee member of ABB Group and president of ABB Americas Region, joined lawmakers, administration officials and technology experts in Washington, D.C., this week to discuss those questions.
The goal of advanced manufacturing, according to Scheu, is using technology to provide a competitive advantage—helping grow their business, service their customers and compete globally. Connected products and processes—or the Internet of Things—are helping manufacturers become more efficient in their processes and develop a broader, more customizable array of products to offer. Read More
Protection of trade secrets and other forms of intellectual property are a fundamental necessity for manufacturers to succeed in today’s intensely competitive global marketplace. No industry should be forced to turn over to the government highly sensitive, proprietary information that tears down longstanding intellectual property protections and weakens their ability to innovate and grow their businesses.
Yet, there are proposals currently in the Minnesota state legislature that would require manufacturers in the pharmaceutical industry to disclose historically protected confidential information about their businesses, such as research and development costs, pricing strategies and production and marketing expenses. This information lies at the very heart of the operational strategy of any business in any industry and is a critical component for success, and the unintended consequences of transparency legislation would put Minnesota manufacturers at a serious disadvantage, undercutting their ability to innovate and compete. Read More
Technology is revolutionizing manufacturing—the Internet of Things, Big Data and the cloud. All of these innovative tools are changing what we make and how we make it. That was a topic of discussion at “Manufacturing in America,” an event hosted by Siemens and Electro-Matic Products this week at Ford Field in Detroit, Mich. In his remarks Wednesday morning, Tenneco Inc. Chairman and CEO and NAM Board Chair Gregg Sherrill delved into the many ways technology is not only empowering manufacturers, transforming our products and changing lives but also creating new policy challenges. Lawmakers must approach these challenges with care or risk stunting this growth opportunity for manufacturers in the United States.
Products and processes connected online, also known as the Internet of Things, facilitate the seamless integration of supply chains, drive increased global collaboration and connect design with production. The data generated allow manufacturers to get real-time feedback to better serve their customers and deliver higher quality and safer products. The cloud is securely moving information at light speed across borders. Read More
Recent proposals that would require manufacturers in the pharmaceutical industry to disclose sensitive and proprietary business information, such as pricing on specific products, marketing costs, planned research investments, anticipated profits and manufacturing production costs, would set a dangerous precedent that will deliver chilling impacts to our global competitiveness and further dampen prospects for more robust economic growth.
President Obama introduced the idea in his 2017 budget proposal, and the issue is occasionally amplified in the Halls of Congress and on the campaign trail.
Such a move would certainly be sweeping and dramatic, directly impacting the innovators who are leading research and development—pharmaceutical, bio-pharmaceutical, bio-tech and related industries. Even thought these proposals—some at the state and others at the federal level—target one sector, manufacturers across all sectors don’t like the idea of hampering innovation. Read More
Yesterday, four senators rolled out a bipartisan bill that, if passed, would form an Internet of Things (IoT) working group at the Department of Commerce. The legislation, the Developing Innovation and Growing the Internet of Things (DIGIT) Act was introduced by Sens. Deb Fischer (R-NE), Kelly Ayotte (R-NH), Cory Booker (D-NJ) and Brian Schatz (D-HI). The bill would require Commerce to create a working group that would give Congress recommendations on how best to encourage IoT growth. Read More
Manufacturing in the 21st century looks a lot different than it did even 10 or 15 years ago. Today, the world’s leading manufacturers also comprise some of our most innovative technology companies, as advanced manufacturing opens up new possibilities seemingly every day. In short, manufacturing is technology. Read More
The 2016 International Consumer Electronics Show (CES) is not just the largest technology convention in the United States; it’s the largest convention in the United States period. According to International CES, which is owned and produced by NAM member Consumer Technology Association (CTA), more than 3,600 companies will exhibit and launch in the ballpark of 20,000 products this week from the show. Read More
The Internet of Things (IoT) is transforming manufacturing—from connecting machines on the shop floor to the end-use products. This concept of interconnectedness has enabled owners and operators in our sector to gather critical data that allows them to improve product design, troubleshoot in real-time and make manufacturing an even more integral partners with their customers throughout the lifecycle of their product. Today’s manufacturers continue to find ways to embed the latest technologies into their products and processes. With an eye toward the future, NAM member Caterpillar—a 90-year-old company—has begun to seek partnerships with technology startups to help better understand and take advantage of ideas coming out of the gate.