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.
Manufacturers to Trump and Congress: Act Now on Comprehensive, Commonsense Manufacturing Strategy as Tariffs Hit Manufacturing Industry
March 4, 2025National Association of Manufacturers President and CEO Jay Timmons released the following statement ahead of President Donald Trump’s address to a joint session of Congress: “The stakes couldn’t be higher for manufacturers right now. Many manufacturers are operating on thin margins, and the tariffs imposed today will further strain their resources. For example: A large…
Lilly: 2017 Tax Reform Makes Four New U.S. Manufacturing Sites Possible
February 27, 2025press release. The fourth site will “extend [Lilly’s] global parenteral manufacturing network for future injectable therapies.” The investment in the four sites will bring Lilly’s total U.S. capital expansion commitment to more than $50 billion since 2020. Lilly—which in recent years has made $23 billion worth of investments in new research and manufacturing sites in…
State of Manufacturing 2025: When Manufacturing Wins, America Wins
February 19, 2025said Tuesday in the NAM’s annual State of Manufacturing Address. What’s going on: Speaking to an audience of manufacturers and congressional and state officials at Armstrong World Industries in Hilliard, Ohio, Timmons, who was joined by NAM Board Chair and Johnson & Johnson Executive Vice President and Chief Technical Operations & Risk Officer Kathy Wengel…
Manufacturers: AI Regulations Should Support Innovation and U.S. Leadership
February 13, 2025told the House Subcommittee on Commerce, Manufacturing and Trade in a statement for the record at Wednesday’s hearing, where data was written testimony, she added that “the core distinction of industrial AI is that it is trained on highly monitored data from sensors and machines, providing a more reliable foundation for training AI models.” Simple…
President Trump Reining in Regulatory Onslaught
February 12, 2025SEC Rescinds Biden-Era Staff Legal Bulletin 14L; Action Depoliticizes Proxy Process
Washington, D.C. – Following the Securities and Exchange Commission’s rescission of Staff Legal Bulletin 14L, which required publicly traded manufacturers to include activists’ ESG proposals on their proxy ballots even when the issues raised were unrelated to their business, National Association of Manufacturers President and CEO Jay Timmons released the following statement. “Manufacturers asked for…
SMM Chair: Extend Pro-Growth Tax Policy, Prioritize Permitting and Regulatory Reform
February 6, 2025told the House Committee on Small Business at Wednesday’s hearing. “Unfortunately, small companies get hit twice—with unworkable regulations that apply to them [and again with] compliance and reporting requirements that larger firms are forced to pass down. Fortunately, Congress and the Trump administration have the opportunity to reverse course.” Rocket fuel for manufacturing: The 2017…
