Tax

Tax reform means money can go where it’s needed most: empowering manufacturing workers to invest in the community, support their families, grow the economy, create more secure jobs, increase wages and make manufacturing in the U.S. more competitive.

Policy and Legal

Manufacturers to Trump and Congress: Act Now on Comprehensive, Commonsense Manufacturing Strategy as Tariffs Hit Manufacturing Industry

National 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…

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Policy and Legal

Lilly: 2017 Tax Reform Makes Four New U.S. Manufacturing Sites Possible

press 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…

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Policy and Legal

Manufacturers: The Time Is Now to Finish the Job and Preserve President Trump’s 2017 Tax Reforms

Washington, D.C. – NAM President and CEO Jay Timmons released the following statement on the passage of the House budget resolution: “Today, the House has taken a historic, pivotal step to advance a comprehensive reconciliation package that will preserve President Trump’s job-creating tax reforms of 2017, while also unleashing American energy dominance. “Manufacturers urge Congress…

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Policy and Legal

Timmons: Tax Reform Paramount for Manufacturing Growth

said on CNBC’s “The Exchange” Wednesday. What’s going on: Timmons spoke to the news channel from a teacher workroom at the Energy Institute High School in Houston, Texas, a stop on the first leg of the NAM’s praising Republican House leadership for being “able to move” forward a House budget bill “that’s going to set…

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Policy and Legal

State of Manufacturing 2025: When Manufacturing Wins, America Wins

said 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…

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