Tax

Press Releases

ICYMI: Iowa Manufacturers Thank Rep. Mariannette Miller-Meeks for Backing Pro-Growth H.R. 1 on Shop Floor Tour

Washington, D.C.–Iowa manufacturers today rolled out the welcome mat for Rep. Mariannette Miller-Meeks (R-IA-01), thanking her for her support of H.R. 1 during a three-stop shop floor tour as part of the congresswoman’s “Made in America Manufacturing Tour” across Iowa’s 1st Congressional District.

National Association of Manufacturers Executive Vice President Erin Streeter and Iowa Association of Business and Industry President Nicole Crain joined the congresswoman in visiting Cemen Tech, Vermeer and SSAB. Each stop underscored how the manufacturing law is already fueling growth, strengthening competitiveness and creating opportunity in Iowa communities.

Photo Credit: David Bohrer/National Association of Manufacturers

Crain said, “We appreciate Rep. Miller-Meeks’s longtime support of Iowa manufacturers. From her service in the Iowa Senate to her work in Congress, she has been a consistent advocate for pro-growth tax policies. ABI members thrive on certainty, and this legislation gives Iowa businesses the stability they need to reinvest in their people and their operations.”

In Indianola, Rep. Miller-Meeks toured employee-owned Cemen Tech, the world’s largest manufacturer of volumetric concrete mixing systems.

Cemen Tech Director of Supply Chain Brant Pfantz thanked Rep. Miller-Meeks for her support. “We are so grateful to Rep. Miller-Meeks for voting for pro-growth tax reform. It’s not just about giving manufacturers like us certainty but giving our contractors—builders and developers—the certainty to plan for their next projects so we can all build and scale together.”

Photo Credit: David Bohrer/National Association of Manufacturers

The second stop, at industrial and agricultural equipment producer Vermeer Corporation, demonstrated how provisions like renewing the research and development deduction in the tax package will help manufacturers maintain their competitiveness.

Vermeer President and CEO Jason Andringa said, “The Big Beautiful Bill will allow us to continue to deduct expenses related to research and development. This is critical if manufacturers are going to continue to push the edge and innovate. This bill sets up manufacturers for a generation of continued growth and advancement.”

Global steel manufacturer SSAB hosted the final stop on the tour. SSAB Americas President Chuck Schmitt reiterated how important H.R. 1 is to the U.S. manufacturing economy. “The One Big Beautiful Bill Act will act as a growth catalyst for manufacturing in America. By driving investment, strengthening supply chains and ensuring our workforce has the tools and training to succeed, this law will help SSAB meet growing demand with the most sustainably produced American-made steel. We thank Congresswoman Miller-Meeks for her continued leadership on policies that support jobs, improve competitiveness and strengthen our nation’s economy.”

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General

Manufacturers Host Lawmakers, Celebrate Tax Reform Victory


Manufacturers in Pennsylvania and New Jersey welcomed Republican representatives to their facilities this week, thanking them for delivering a landmark victory for manufacturers: the passage of H.R. 1.

  • House Republican Conference Chairwoman Lisa McClain (R-MI) and local Reps. Tom Kean (R-NJ-7), Rob Bresnahan (R-PA-8) and Ryan Mackenzie (R-PA-7) participated in the factory tours as part of Chairwoman McClain’s One Big Beautiful Tour.

NAM in action: NAM Executive Vice President Erin Streeter accompanied lawmakers, highlighting how the Manufacturing Law is already having positive impacts on local manufacturing.

  • “Manufacturing is the backbone of the American economy—and with the leadership of Chairwoman McClain, Reps. Kean, Bresnahan, Mackenzie and their colleagues in Congress—that foundation is stronger than ever,” Streeter said following the visits.
  • “By championing the Manufacturing Law, Congress has protected nearly 6 million jobs and more than $500 billion in wages for hardworking Americans. We thank them for their leadership.”

New Jersey: Chairwoman McClain and Rep. Kean toured Bihler of America , a manufacturer of precision automation systems in Phillipsburg, New Jersey. The company specializes in complex metal stamping, forming and assembly solutions, serving industries such as automotive, medical and consumer products.

  • “Manufacturers thrive when we have the certainty we need to plan major investments in our facilities and our people. That’s exactly what this tax package delivers,” said Bihler CEO Maxine Nordmeyer.
  • “We thank our partners in Congress and the administration—and we look forward to working with them on a full comprehensive manufacturing strategy. Through energy, trade and workforce policies that drive our competitiveness, deliver certainty and empower manufacturers, we will build on the success of the One Big Beautiful Bill.”

Pennsylvania: Rep. Bresnahan joined Chairwoman McClain for a tour of i2M , a manufacturer of flexible polymers in Mountain Top, Pennsylvania. The company produces custom polymer films and sheets used in a variety of applications, including agriculture, construction, packaging and geomembranes.

  • “Manufacturers are innovators. By restoring immediate R&D expensing for manufacturers across America [a key provision of the OBBBA], Congress has empowered manufacturers like i2M to innovate and create,” said i2M Founder Chris Hackett.
  • “That’s how we keep our competitive edge—not just as a company, but as a country.”

Pennsylvania, round 2: At another stop in the Keystone State, Rep. Mackenzie joined the tour at U.S. Metal Powders in Palmerton. The visit highlighted the company’s recent expansion, including a new state-of-the-art production line that will create new jobs and boost aluminum powder output for global markets.

  • “Thanks to this transformative tax legislation, U.S. Metal Powders has already broken ground on adding another production line—which will soon double the company’s workforce. This is pro-growth tax policy in action,” Pennsylvania Manufacturers’ Association President and CEO David N. Taylor said in response to the visit.

NAM in the news: The White House’s rapid response account on X highlighted Rep. Bresnahan’s visit to Pennsylvania and appearance on the area’s local Fox affiliate.

  • Fox Business Network’s Maria Bartiromo cited the NAM’s partnership on the tour in an interview with Chairwoman McClain.
  • The House GOP X account shared a video of Streeter talking about the facility visits.
  • Chairwoman McClain posted about her visits to Bihler of America, i2M and U.S. Metal Powders on X. Chairwoman McClain, along with Reps. Bresnahan and Kean, also amplified the NAM’s own social posts.
  • WVIA covered the visit to i2M.
Press Releases

ICYMI: Manufacturers Thank Chairwoman McClain and Area Members of Congress for Their Votes on H.R. 1 During Shop Floor Visits

Washington, D.C. – Manufacturers rolled out the welcome mat this week for House Republican Conference Chairwoman Lisa McClain (R-MI) and local Reps. Tom Kean (R-NJ-7), Rob Bresnahan (R-PA-8) and Ryan Mackenzie (R-PA-7), thanking them for their support for the One Big Beautiful Bill Act during a series of factory tours as part of Chairwoman McClain’s One Big Beautiful Tour.

National Association of Manufacturers Executive Vice President Erin Streeter hit the road with lawmakers, showcasing how the Manufacturing Law is already having positive impacts on local manufacturing.

Speaking for manufacturers nationwide, Streeter reiterated the significance of the tax package on the industry: “Manufacturing is the backbone of the American economy—and with the leadership of Chairwoman McClain, Reps. Kean, Bresnahan, Mackenzie and their colleagues in Congress—that foundation is stronger than ever. By championing the Manufacturing Law, Congress has protected nearly 6 million jobs and more than $500 billion in wages for hardworking Americans. We thank them for their leadership.”

In New Jersey, Chairwoman McClain and Rep. Kean toured Bihler of America, a manufacturer of precision automation systems in Phillipsburg.

Bihler CEO Maxine Nordmeyer expressed her appreciation for Congress’ action on tax policy: “Manufacturers thrive when we have the certainty we need to plan major investments in our facilities and our people. That’s exactly what this tax package delivers. We thank our partners in Congress and the administration—and we look forward to working with them on a full comprehensive manufacturing strategy. Through energy, trade and workforce policies that drive our competitiveness, deliver certainty and empower manufacturers, we will build on the success of the One Big Beautiful Bill.”

In Pennsylvania, Rep. Bresnahan joined Chairwoman McClain for a tour of i2M, a manufacturer of flexible polymers in Mountain Top. i2M Founder Chris Hackett conveyed how a key provision of the tax package will help businesses like his continue to succeed: “Manufacturers are innovators. By restoring immediate R&D expensing for manufacturers across America, Congress has empowered manufacturers like i2M to innovate and create. That’s how we keep our competitive edge—not just as a company, but as a country.”

At another stop in the Keystone State, Rep. Mackenzie joined the tour at U.S. Metal Powders in Palmerton. Pennsylvania Manufacturers’ Association President and CEO David N. Taylor thanked Chairwoman McClain and Rep. Mackenzie: “Thanks to this transformative tax legislation, U.S. Metal Powders has already broken ground on adding another production line—which will soon double the company’s workforce. This is pro-growth tax policy in action.”

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Policy and Legal

Whip Emmer Applauds Innovation at Niron Magnetics


House Majority Whip Tom Emmer (R-MN) recently toured Niron Magnetics’ headquarters in Minneapolis, Minnesota, where he met with company leaders and employees to discuss the future of domestic manufacturing, alternatives to rare earth magnets (a manufacturing input largely controlled by China) and pro-growth tax policy.

Pioneering technology: Niron Magnetics is developing the world’s only high-performance permanent magnets made entirely without rare earth elements.

  • The company’s iron nitride–based magnets are poised to revolutionize industries that depend on magnetic technologies—from electric vehicles and wind turbines to consumer electronics and defense systems—while sharply reducing U.S. dependence on China.
  • Founded thanks to a Department of Energy ARPA-E REACT grant in 2011, Niron recently completed a two-year SCALEUP pilot project and is now preparing for commercial expansion.
  • “Our goal is to build a fully domestic, globally competitive magnet supply chain that strengthens U.S. energy security, supports national defense and creates [well]-paying jobs,” said Niron Magnetics CEO Jonathan Rowntree. “We’re proud to lead this next chapter in American manufacturing.

The visit: Company officials briefed Whip Emmer on their ongoing collaborations with the Departments of Energy and Defense, emphasizing the national security and energy innovation implications of their work.

  • While touring the facility, Whip Emmer engaged with engineers and employees—and even hand-pressed one of Niron’s next-generation magnets.

A big announcement: During the visit, Niron shared plans to break ground on a new 168,000-square-foot manufacturing facility in Sartell, Minnesota, this fall.

  • The facility, which will be the world’s first large-scale manufacturer of rare earth–free iron nitride permanent magnets, is expected to create 175 new jobs when it opens in early 2027.

Policy support matters: Whip Emmer, who played a pivotal role in the passage of the One Big Beautiful Bill Act—now signed into law—reiterated his commitment to advancing policies that empower manufacturers to innovate and grow.

  • “American manufacturers like Niron are leading the way in rebuilding critical supply chains and securing our industrial future,” Whip Emmer said. “Now that the One Big Beautiful Bill Act is law, we’ve delivered the tools to help U.S. innovators grow, compete with China and protect our national and economic security.”

Securing supply chains: The visit also spotlighted the broader imperative of reducing U.S. reliance on foreign countries—particularly China—for critical minerals. The NAM has consistently advocated federal policies that support domestic sourcing, refining and processing of critical and rare earth materials to ensure secure, resilient supply chains.

  • “America’s overdependence on geopolitical rivals for essential materials is one of the greatest threats to our economic and national security,” said NAM Managing Vice President of Policy Charles Crain. “We need strategic investments and permitting reforms that allow companies like Niron to scale breakthrough technologies here at home—and do it quickly.”
  • “Meanwhile, outdated and inconsistent permitting delays hamper companies like Niron from bringing transformative technologies to market swiftly and at scale.”
  • “Policymakers have an urgent choice to make,” Crain added. “Either we modernize our permitting system and invest in domestic production—or we continue to cede critical supply chains to our competitors. The stakes couldn’t be higher.”

 

Policy and Legal

Manufacturers Thank Legislators for Landmark Tax Legislation


Two manufacturing leaders testified at House Ways and Means Committee field hearings in Nevada and California this past weekend.

  • Click Bond Director of Manufacturing Austin Robinson testified on Friday in Las Vegas, focusing on the impacts of the One Big Beautiful Bill’s tax provisions for the manufacturing workforce.
  • On Saturday, Robinson Helicopter Company Vice President of Business Development Will Fulton testified alongside NAM President and CEO Jay Timmons at the Ronald Reagan Presidential Library, where they discussed the impacts of the tax provisions for manufacturers. (In case you missed it, here is our article from yesterday on Timmons’ testimony.).

Click Bond: Austin has spent his career in manufacturing. He now manages the 80% of employees who make up the manufacturing workforce at Click Bond, which designs, manufactures and supports adhesive bonded fasteners that are used in space, aviation, marine and other applications, both civil and defense.

  • After Austin thanked policymakers for passing the One Big Beautiful Bill Act, he explained what it means for his company. “2017 tax reform was tremendously impactful for both our business and our workers,” he said. “It allowed us to increase wages, scale up our engineering and development workforce, invest in next-generation equipment and create a new employee academic assistance program.”
  • “[By] making permanent a pro-growth tax code, the One Big Beautiful Bill will empower us to continue and expand these investments, to purchase more equipment and conduct more research and to further increase pay and benefits for our employees.”

Investing in workers: Austin emphasized that the bill will allow manufacturers to keep investing in workers, building on the pay increases Click Bond was able to provide to their hourly employees following the Tax Cuts and Jobs Act.

  • “My first employer paid for my education, and I am proud to say that Click Bond does the same for any employees who want to go back to school and develop their skill,” he said. “Our workforce at Click Bond is the most precious resource, and that is reflected in the investments that we make in them. Those investments are actually enabled by a pro-growth tax policy.”

Robinson Helicopter: Will also thanked policymakers for this legislation.

  • Robinson “specializes in helicopter design, assembly, inspection, flight testing, manufacturing and production. … Our Torrance, California, manufacturing facility is the world’s leading commercial helicopter manufacturer, period,” he told policymakers.
  • “The One Big Beautiful Bill Act supports [Robinson] by driving our ability to accelerate domestic investment expansion and growth. … This legislation helps accelerate our ambitions into a more near-term reality.”

R&D support: “These tax provisions help us to invest both in the design of new technology and its production processes,” Will added. “We recently launched our newest helicopter, the R88, which offers more robust first responder capabilities.”

  • “Our R&D efforts for the R88 include the ability to fit that helicopter with more advanced technology and equipment for firefighting, disaster response and emergency medical services. That helicopter will act as an operational control center to a fleet of fire surveillance drones to better scan for any signs of ignition, ensure faster response times and expand the capacity of fire departments to contain fires earlier.”
  • “Thanks to your leadership, Congress and the administration have empowered Robinson Helicopter to create jobs, invest in equipment, innovate through R&D and drive economic growth faster,” he concluded.
Press Releases

ICYMI: One Big Beautiful Bill in Action: House Ways and Means Hears from Manufacturers

Watch Jay Timmons’ House Ways and Means Testimony

Over the course of two days, manufacturers praised the pro-growth tax provisions of the One Big Beautiful Bill Act during field hearings hosted by the House Ways and Means Committee. On Friday, Click Bond Director of Manufacturing Austin Robinson testified in Las Vegas, Nevada. On Saturday, National Association of Manufacturers President and CEO Jay Timmons and Robinson Helicopter Company Vice President of Business Development William Fulton testified at the Ronald Reagan Presidential Library in Simi Valley, California. Timmons also joined NewsNation ahead of the hearing to discuss the passage of historic tax legislation.

NAM’s Timmons: Manufacturing Law Will Help to Drive Another American Century

“This is a manufacturers’ law, through and through. By making immediate R&D expensing, full expensing of capital equipment and interest deductibility permanent, this Manufacturing Law delivers for investment and innovation.

“Through the pass-through deduction, reduced individual tax rates and estate tax protections for family-owned businesses, this Manufacturing Law delivers for the small businesses that power our economy.

“Through protecting the 21% corporate tax rate—and through strengthening the international tax system that incentivizes companies to invest here, build here [and] hire here—this Manufacturing Law will help to deliver another American century.”

Robinson Helicopter: OBBBA Accelerates Domestic Investment, Expansion and Growth

“Many of our employees come from families who have worked at Robinson Helicopter across multiple generations, and we are proud of the work we do, which the One Big Beautiful Bill Act supports by driving our ability to accelerate domestic investment, expansion and growth.

….

“The One Big Beautiful Bill retained a 21% corporate tax rate that underpins the baseline for our global competitiveness, and included critical provisions to reduce the cost of investment that will facilitate our product and job growth plans. Manufacturers are innovators, and one of the most important provisions of H.R. 1 is the restoration of immediate R&D expensing. Though manufacturing accounts for only 10% of the country’s GDP, we make up 53% of all private-sector research spending. These tax provisions help us to invest both in the design of new technology and its production processes.

“Thanks to your leadership, Congress and the administration have empowered Robinson Helicopter to create jobs, invest in equipment, innovate through R&D and drive economic growth faster.”

Click Bond: OBBBA Bolsters Family-Supporting Careers

“The One Big Beautiful Bill’s impacts on manufacturing workers [are] substantial. It protects them from tax hikes, provides further cuts via no tax on overtime and frees up capital for businesses like Click Bond to hire more workers [and] increase wages and benefits. By recognizing the importance of innovation, investment and workers, this bill gives manufacturers in Nevada and across the country the tools they need to succeed and grow. This means more jobs and higher wages and more lifelong family-supporting careers for manufacturing workers across this great country.”

NAM’s Timmons: Tax Law Is a Once-in-a-Lifetime Investment

“Manufacturers have been given an incredible opportunity with this tax law … I think this is once in the lifetime of the country that we’ve seen something that is this competition-focused—allowing us to attract investment to our shores. So Chairman Jason Smith … he understands that when you create the economic conditions, then businesses, and specifically manufacturers in our case, can help provide opportunities to folks all across this country … So we’re pretty excited about the ability to do that, and we’ve been given the tools to do that, and I can assure you that manufacturers will live up to that promise.”

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The National Association of Manufacturers 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 nearly 13 million men and women, contributes $2.90 trillion to the U.S. economy annually and accounts for 53% 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 NAM or to follow us on Twitter and Facebook, please visit www.nam.org.

Policy and Legal

Timmons to Congress: Manufacturing Law Will Drive Another American Century


NAM President and CEO Jay Timmons appeared before the House Ways and Means Committee at the Ronald Reagan Presidential Library on Saturday, commending  legislators on the passage of comprehensive, pro-growth tax legislation earlier this month and underscoring the benefits of the law’s tax provisions for manufacturers nationwide.

What he said: “I want to begin simply by stating: thank you. Because you have made the investment of a generation in America’s manufacturers, you have strengthened the hand of the 13 million people who make things in America, and you have delivered historic pro-growth tax legislation powering every manufacturer in America to invest, innovate and lead,” Timmons said.

  • “Let’s remember what was on the line: the Tax Cuts and Jobs Act of 2017 was rocket fuel for our industry. Powered by that legislation, our industry kept our promises. We created the most jobs in 20 years and the strongest wage growth in 15 years. We put more factories into motion, more shovels into the dirt and more prosperity into our communities.”
  • “Several of the key provisions from 2017 had already expired, as would nearly all others by the end of this year. So this year was a time for choosing. We could double down on an investment that worked and make the 2017 provisions stronger and permanent, or we could let those provisions expire and wipe out 6 million jobs, more than half a trillion dollars in wages and more than a trillion dollars in GDP.”

The victory: “This is a manufacturers’ law through and through,” Timmons said.

  • “By making immediate R&D expensing, full expensing of capital equipment and interest deductibility permanent, this Manufacturing Law delivers for investment and innovation.”
  • “Through the pass-through deduction, reduced individual tax rates and estate tax provisions for family-owned businesses, this Manufacturing Law delivers for small businesses that power our economy.”
  • “Through protecting the 21% corporate tax rate, and through strengthening the international tax system that incentivizes companies to invest here, build here [and] hire here, this Manufacturing Law will help deliver another American century.”

Reagan’s legacy: “As I speak with you today in the library that bears his name on behalf of the industry that you have reenergized, I think back to President Reagan’s very words when he signed the 1986 Tax Reform Act. …”

  • “[President Reagan] said [of the American people]: ‘It was their hard work that built our cities and farmed our prairies, their genius that continually pushed us beyond the boundaries of existing knowledge, reshaping our world with the steam engine, polio vaccine and the silicon chip. It was their faith in freedom and love of country that sustained us through trials and hardships and through wars, and it was their courage and selflessness that enabled us to always prevail.’”
  • “That’s the story of manufacturing. It’s a story that must go on—because when manufacturing wins, America wins,” Timmons added.

A promise: “[T]hrough the power and potential of these reforms, manufacturers will work every day to make sure that all Americans benefit,” Timmons concluded. “You have my word, and just as we did after 2017, manufacturers will deliver again.”

NAM on TV: Timmons also appeared on NewsNation to preview the hearing, emphasizing the importance of the new law’s tax provisions.

  • “Manufacturers have been given an incredible opportunity with this tax law,” he said. “We called it ‘once in a generation.’ I think this is once in the lifetime of the country that we’ve seen something that is this competition focused, allowing us to attract investment to our shores.”
Policy and Legal

The NAM at Brookings: How Is Manufacturing Doing Under Trump?


There’s a lot for manufacturers in the U.S. to celebrate right now, starting with the historic passage of the One Big Beautiful Bill Act with pro-growth tax provisions—but they are still seeking more policy fixes to help them grow and compete, the NAM said last week at the 14th annual John Hazen White Manufacturing Forum at The Brookings Institution.

Starting with tax policy: “When we think about the president’s manufacturing strategy, his manufacturing policies, you really have to start with tax policy,” NAM Managing Vice President of Policy Charles Crain said about manufacturing under the Trump administration.

  • “We know from the 2017 Tax Cuts and Jobs Act the impact that pro-growth tax policy [had] on manufacturing in 2018 and 2019. Coming out of the TCJA, we saw record capital investments in the manufacturing industry. We saw record job increases. We saw record wage increases.”
  • The One Big Beautiful Bill Act, signed into law on the Fourth of July, “prevents … tax increases, and it really should support manufacturers’ efforts to drive manufacturing growth,” Crain continued, adding that the OBBBA included incentives for capital equipment purchases, research and development, factory building and more.
  • The legislation is “a big win” for manufacturing and “a real credit to the president,” he said.

Reaching a shared goal: Even if the U.S. were “operating at full capacity,” manufacturing in the country would still require imports from other nations—making a commonsense trade policy a necessity, Crain said.

  • In practice, manufacturing in the U.S. is only making about 67% of inputs required for finished goods, Crain said.
  • “So we really need to solve for that 30-ish percent of outstanding inputs that we need to make things here. … Manufacturers need inputs to make things, and we need export markets to sell things. And so we think that a commonsense trade policy can allow for the president to achieve [the administration’s] trade policy goals without preventing manufacturers from investing here in America, which is a goal we all share.”

Giving manufacturers certainty: In the latest quarterly NAM Manufacturers’ Outlook Survey, just 55% of manufacturers—the lowest reading since the global pandemic in 2020—reported feeling positive about their companies’ outlook, Crain said. The top reason for the optimism drop? Trade uncertainty, something that a comprehensive U.S. trade policy can help remedy.

  • Not knowing what to expect next when it comes to trade “makes it more difficult to make long-term investment decisions that we know drive manufacturing growth,” according to Crain.
  • While tax uncertainty has now “been taken off the table” thanks to the passage of the OBBBA, “we’re still facing additional barriers to those long-term decisions that we need to create jobs here in America.”
  • It’s also critical to manufacturing in the U.S. that the current corporate tax rate be maintained, Crain said. “[I]f we have a 35% corporate rate as opposed to the current 21[%], it’s going to be really difficult to onshore domestic manufacturing.”

Fewer regulations needed: Manufacturing in the U.S. also needs more balanced regulations—and fortunately, that’s something the administration began doing on day one.

  • “[M]anufacturers, in our experience, have been very encouraged to see the administration taking a second look at some of the rules that were finalized in recent years … finding ways to maintain reliable rules of the road, but [also] to make those rules less costly.”

Open jobs in manufacturing: Manufacturers also remain committed to filling the 400,000 open manufacturing jobs in the U.S., Crain said, addressing an audience question.

  • Manufacturers “are really focused on providing competitive benefits, having flexible work schedules, having onsite child care” as well as “partnering with local community colleges to implement training programs [and] partnering with the military to bring folks coming out of active duty into manufacturing shop floors.”

The takeaways: The OBBBA “delivers for manufacturers in America by making pro-growth tax provisions permanent,” Crain wrote on X following the event.

  • But “[t]o ensure we can continue to grow manufacturing in America, policymakers must pursue a comprehensive manufacturing strategy that will provide manufacturers the tools, and the certainty, needed to make long-term investments,” he wrote in a second post.
Policy and Legal

Tax Bill Victory Draws Praise from Small Manufacturer


One week after the reconciliation bill was signed into law, making crucial pro-growth tax policies permanent, manufacturers are still celebrating.

Winton Machine Company CEO and Co-Owner and NAM Board Member Lisa Winton congratulated congressional leaders and the NAM on the passage of the bill, saying, “I would be remiss not to acknowledge the unwavering leadership and dedication shown over the past two years in driving the renewal of the tax package,” in a LinkedIn post.

The congressional effort: Winton thanked policymakers for their concerted effort in speaking to small manufacturers about the impact of these tax policies.

  • “From holding hearings across the country to meeting directly with small business owners and CPAs representing thousands of clients, the commitment to understanding the real-world impact of not renewing the [Tax Cuts and Jobs Act] has been clear and consistent.”
  • “Thank you … [House Ways and Means Committee] Chairman Smith for ensuring that the voices of Main Street were not only heard—but reflected in the policy discussions that shape our economy. Thank you Speaker [Mike] Johnson for working across the aisle and for taking the time to listen when I shared what the impact would be to not only my company but the entire industry.”
  • “Thank you to President Trump, Vice President Vance, Majority Leader Scalise, Majority Whip Emmer, Conference Chair McClain and all the members of Congress who took the time to listen and take action.”

The NAM’s effort: Winton also gave a shoutout to the NAM, thanking President and CEO Jay Timmons, Executive Vice President Erin Streeter, Managing Vice President of Policy Charles Crain and the whole NAM staff for working “tirelessly on behalf of manufacturers of all sizes to make this happen.”

Manufacturers’ efforts: Winton also recognized the enormous advocacy efforts undertaken by manufacturing leaders themselves.

  • “Thank you to all the manufacturers who took the time and money to get on a plane or invite members of Congress to their facilities so that they could be educated on what the future of American manufacturing looks like.”
  • Winton herself played a key part in these efforts, testifying before an April 2023 field hearing of the House Ways and Means Committee on the importance of pro-growth tax policy.

The last word: “I am committed as a manufacturer to continue to help drive innovation and invest in the future manufacturing workforce here in the USA,” Winton affirmed.

In case you missed it, catch the NAM’s thank-you video celebrating the champions who made the One Big, Beautiful Manufacturing Law happen, featuring manufacturers of all sizes. And check out the NAM’s #ManufacturingMinute video on Instagram highlighting its advocacy efforts that helped get the bill across the finish line.

Press Releases

One Big, Beautiful Manufacturing Law: On the Fourth of July, Manufacturers Say Thank You

Washington, D.C. With Congress delivering the win of a generation for manufacturing and President Donald Trump set to sign the tax bill into law later today, the National Association of Manufacturers is rolling out a new video celebrating the champions who made the One Big, Beautiful Manufacturing Law happen. The video brings to life the energy, pride and determination of an industry that never stops working for America—and now has Washington delivering more manufacturing tax priorities in a historic law that our industry championed from Day One. It’s a thank you to the leaders who listened to manufacturers and achieved real results that will protect and create jobs, bolster investments and strengthen communities nationwide.

Today, an energized and gratified industry—powered by the 13 million people who make things in America—congratulate the president, the administration and Congress for making this Independence Day one to remember. Because when manufacturing wins, so does our great nation.

Background

Prior to final passage, the NAM activated manufacturers in America—engaging shop floor workers, plant managers, executives and state and local partners nationwide­—as part of the “Manufacturing Wins” campaign. With a coordinated public advocacy campaign, which included outreach to congressional offices both in district and in Washington, targeted social media drives, video testimonials and local media op-eds, the NAM made the case for this bill directly to members of Congress and the American people. These collective voices underscored how preserving and expanding key tax provisions translates into growing businesses, creating jobs and powering stronger communities.

On Monday, more than 300 manufacturing leaders from across the country signed onto a letter urging Congress to act immediately to pass historic tax legislation that will enable manufacturers in America to thrive. Leading up to the vote, manufacturers from across the country joined the NAM in a full-court press on Capitol Hill, including a key meeting with Deputy Treasury Secretary Michael Faulkender. They delivered one message: get this across the goal line for American jobs.

In January, the NAM released a landmark EY study on the economic consequences of failing to renew the pro-manufacturing provisions of the Tax Cuts and Jobs Act by the end of 2025. The NAM was joined by Senate Finance Committee Chairman Mike Crapo (R-ID), House Ways and Means Committee Chairman Jason Smith (R-MO) and House Majority Leader Steve Scalise (R-LA) for a Capitol Hill press conference highlighting the study.

Key facts on the economic consequences of failing to preserve tax reform:

  • 5.9 million lost jobs
  • $540 billion reduction in employee compensation
  • $1.1 trillion shortfall in U.S. GDP

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The National Association of Manufacturers 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 nearly 13 million men and women, contributes $2.93 trillion to the U.S. economy annually and accounts for 53% 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 NAM or to follow us on Twitter and Facebook, please visit www.nam.org.

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