Regulatory and Legal Reform
Unnecessary regulations and excessive red tape prevent us from reaching new levels of achievement and make it harder for small businesses to compete. We need regulatory and legal reforms that unleash our industry and supports the work of men and women nationwide.
Worst-Case Scenario Avoided, SEC Scales Back Climate Rule in Response to Manufacturers’ Concerns
Washington, D.C. – Following the release of the Securities and Exchange Commission’s final rule instituting new climate disclosure requirements for public companies, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “Nearly two years ago, the SEC proposed an overreaching, unworkable climate disclosure mandate that would have curtailed manufacturers’ ability to …
Regulatory Onslaught and Inaction on Key Manufacturing Priorities Weigh on Industry Ahead of State of the Union Address
Nearly 94% of respondents believe federal tax code should promote R&D, capital and equipment expenditures
Washington, D.C. – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the first quarter of 2024, which reveals that the expiration of federal tax incentives related to R&D, interest deductibility and expensing for capital investments has already caused nearly 40% of respondents to pull back on hiring and investing due to increased …
Arizona: Manufacturing’s Crossroads
Policy roadblocks: The NAM’s visit to Rio Tinto’s Resolution Copper site highlighted the urgency of permitting reform in the face of critical mineral needs. Copper’s critical role: Copper is essential for clean energy. Electric vehicles, solar power grids and wind turbines all demand huge quantities. Yet, the U.S. remains heavily reliant on imported copper, jeopardizing …
