Infrastructure Legislation is History in the Making
Washington, D.C. – Today, following the Senate’s vote to invoke cloture on the bipartisan infrastructure legislation, National Association of Manufacturers President and CEO Jay Timmons released the following statement:
“This is history in the making, and manufacturers celebrate the leadership of the bipartisan group of senators who, along with President Biden and his administration, got us to this moment. We will continue to work with leaders in both parties to get a final bill passed by Congress and on to President Biden’s desk.
“For many years and across multiple administrations and Congresses, the NAM has led the charge for bold, historic infrastructure investment. We’re not done yet, but we’re closer than ever. This bill will not just support our economic recovery; it will provide the foundation for decades of American economic leadership. It will save lives and improve the American quality of life. It will help manufacturers in America compete in the world and create jobs here at home. And it will do all that without rolling back all the tax reforms that have allowed manufacturers to hire more workers, raise wages and benefits and invest in our communities. This is truly how we build to win.
“Manufacturers of all sizes, across this entire country, now call on the Senate and then the House to swiftly pass the bipartisan infrastructure bill—to show the world we plan to lead in the 21st century and into the 22nd and to show the American people that our government can still do great things.”
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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 more than 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
Leading Business and Labor Groups Launch Coalition Supporting Bipartisan Infrastructure Investment
Washington, D.C. – Today, the National Association of Manufacturers joins the U.S. Chamber of Commerce, Business Roundtable, AFL-CIO, the National Retail Federation, the Bipartisan Policy Center, North America’s Building Trades Unions, as well as over 20 leading business and labor organizations to launch the Coalition for Bipartisan Infrastructure Investment. The Coalition issued the following statement today commending the bipartisan group of 22 senators and the Biden administration on reaching agreement on a historic $1.2 trillion infrastructure framework and urges Congress to turn the framework into legislation that will be signed into law.
“Infrastructure modernization is a critical component of long-term economic growth and improved quality of life for every American. Our organizations commend the bipartisan group of 22 senators and the Biden administration on finding common ground and reaching agreement on a historic $1.2 trillion infrastructure framework. Momentum is building, as seen by the endorsement of the framework from the Problem Solvers Caucus.
“Now is the time to turn these promises into projects. We urge Congress to turn this framework into legislation that will be signed into law, and our organizations are committed to helping see this cross the finish line. Enacting significant infrastructure legislation, including investments in our roads, bridges, ports, airports, transit, rail, water and energy infrastructure, access to broadband, and more, is critical to our nation and will create middle-class family sustaining jobs.
“Don’t let partisan differences get in the way of action – pass significant, meaningful infrastructure legislation now.”
Coalition Partners
National Association of Manufacturers
U.S. Chamber of Commerce
Business Roundtable
AFL-CIO
Airports Council International – North America
American Association of Port Authorities
American Consulting Engineers Council
American Public Transportation Association
American Road & Transportation Builders Association
American Society of Civil Engineers
American Trucking Associations
Association of American Railroads
Association of Equipment Manufacturers
Bipartisan Policy Center
International Union of Operating Engineers
Laborers’ International Union of North America
National Asphalt Pavement Association
National Association of Wholesaler-Distributors
National Retail Federation
National Stone, Sand, and Gravel Association
No Labels
North America’s Building Trades Unions
Portland Cement Association
Transportation Trades Department, AFL-CIO
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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 more than 12.3 million men and women, contributes $2.32 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
Manufacturing Leaders Implore Congress to Move Vital Infrastructure Legislation
Washington, D.C. – Today, the leadership of the National Association of Manufacturers released the following statements on the need for action surrounding proposed bipartisan infrastructure legislation:
“Manufacturers have called for this type of bold bipartisan infrastructure investment for many years, across multiple congresses and administrations, so Congress should waste no time in sending the plan to President Biden’s desk,” urged NAM President and CEO Jay Timmons. “We have watched America’s infrastructure deteriorate for too long as other nations invested in their own, aiming to outcompete the United States. Too often, it has cost us livelihoods and lives. This plan will bolster America’s competitiveness, strengthen the manufacturing industry and give American workers the foundation to build a new, post-pandemic world. This framework, which leaders in both parties and President Biden have embraced, confirms what manufacturers have said—that corporate tax increases are not the way to fund infrastructure. And with this legislation and its investments not just in roads and bridges but also waterways, the electric grid, advanced telecommunications and so much more, we can make history—and we can build that future and build to win.”
Trane Technologies Chairman and CEO and NAM Board Chair Mike Lamach added, “All Americans will reap the benefits of this bold, bipartisan plan. For manufacturers, it means we’ll be able to better deliver for our customers. We’ll be better prepared to compete in the world. Our communities will be safer, our employees will be healthier, and our companies will be stronger. We stand behind this plan and want to see it move forward quickly in support of positive change for generations to come.”
“There’s no doubt that such strong investment in our nation’s infrastructure will move us forward in a profound way. As with any compromise agreement, there are concerns on both sides,” said Dow Chairman and CEO and NAM Board Vice Chair Jim Fitterling. “Manufacturers and those who use everyday products are certainly concerned about the funding proposals related to new Superfund taxes, and we will work with lawmakers to address those—because we believe the infrastructure package should avoid targeting specific sectors, particularly when new taxes might inadvertently harm consumers and a critical sector of the manufacturing economy.”
BTE Technologies President and NAM Small and Medium Manufacturers Group Chair Chuck Wetherington noted, “America’s small and medium-sized manufacturers know far too well the costs of navigating around clogged roadways and crumbling bridges. We know the costs of shipping delays and the stress and strain on our employees as they commute. We know what it’s like to worry about power failures and what it takes to install and operate the latest digital technologies on our shop floors. So, for small manufacturers, this bill offers a boost of confidence and optimism. It will allow us to focus more of our energy on what we do best: creating jobs and creating opportunity.”
“Whether you’re running a family business or focused on the business of your family, you don’t need anyone to tell you that America’s infrastructure needs help. After all, it’s estimated that outdated infrastructure costs families $3,300 in disposable income every year. Small manufacturers are dedicated to the success of our hometowns—and we can’t wait to see what we’ll be able to accomplish once this plan becomes law. Let’s make this plan a reality,” emphasized Ketchie President and Owner and NAM SMM Vice Chair Courtney Silver.
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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 more than 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
Manufacturers Ready for Bold Bipartisan Infrastructure Investment
Timmons: This is how we build to win. This shows that governing with big ideas is still possible in America.
Washington, D.C. – Today, following the release of the Senate’s bipartisan infrastructure plan, National Association of Manufacturers President and CEO Jay Timmons released the following statement:
“This is how we build to win. This shows that governing with big ideas is still possible in America. Bold infrastructure investment will secure a better future for our nation and industry and help more Americans reach their full potential. And building it on a foundation of bipartisanship and consensus will help restore faith in our institutions—and prove that America can still bridge party divides to do great things.
“We look forward to reviewing this proposal with our members as more details are shared so we can provide meaningful feedback to policymakers. And manufacturers commend this group of lawmakers for their commitment to forging this potentially historic agreement.”
-NAM-
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 more than 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
Prepare for Hurricanes with the NAM
This year, hurricane season—which officially began June 1—arrived early, as it has every year since 2015. But while 2021’s inaugural Subtropical Storm Ana did not make landfall in the U.S. in late May, meteorologists are expecting the remainder of the year to be a busy time for hurricanes—and as manufacturers know all too well, that can mean trouble is ahead.
In addition to endangering lives, a strong hurricane can cause severe damage to individual companies and the U.S. economy as a whole. In fact, the Congressional Budget Office estimated in 2019 that expected annual losses from hurricane and storm-related damage came to $54 billion.
Always be prepared: Better planning for these yearly occurrences can help manufacturers mitigate the costs associated with storm-caused devastation—and go a long way toward keeping employees safe, too.
Offering resources: In partnership with disaster-relief organization SBP and product-philanthropy nonprofit Good360, the NAM’s Emergency Response Committee works year-round to provide members with access to disaster-preparedness resources and training in advance of natural disasters, and helps manufacturers activate to help their communities when one strikes
For example, in a recent webinar sponsored by the NAM’s ERC, Amanda Gallina, SBP community engagement manager, and Matt Woodruff, vice president of public and government affairs for Texas-based tank barge operator Kirby Corporation, laid out some suggestions for hurricane preparation.
For businesses: Woodruff provided some commonsense advice for employers:
- Ensure new employees understand the hurricane plan well ahead of hurricane season.
- Create a checklist of duties that must be performed, starting with the first day of hurricane season.
- Set up remote work sites for affected areas and employees.
- Provide support to the families of employees who live in affected areas to ensure their safety.
For individuals: Gallina offered advice for all individuals facing a hurricane:
- Collect hazard and emergency information from local and national sources like news and weather apps, NOAA Weather Radio and the Red Cross Emergency app.
- Make a household emergency plan, which should include stockpiling supplies, establishing communication methods and emergency contact numbers and creating an evacuation and sheltering plan.
- Identify and protect important documents by storing them in a fire- and water-proof box, while giving extra copies to a trusted attorney or friend. You can also use secure online cloud storage as another backup.
- Get the right insurance by identifying any gaps in coverage and asking your agent the right questions.
The last word: “We are grateful for the partnership with Good360 and SBP, which allows us to better support NAM members in times of need, but most importantly, provide valuable resources and thought leadership to build resiliency in advance of a disaster,” said NAM Chief Operating Officer Todd Boppell. “Advance planning is critical for successful businesses, and the thoughtful approach demonstrated by our partners resonates with the NAM’s vision to support manufacturing operations.”
To contact the NAM’s emergency response committee or to be added to its mailing list, email [email protected].
Business Leaders Unite in Urging Congress and the Administration to Continue Bipartisan Infrastructure Negotiations, Ensuring Durable and Long-Term Legislation
Washington – Today, Jay Timmons, President and CEO of the National Association of Manufacturers, Joshua Bolten, President & CEO of Business Roundtable, and Suzanne Clark, President and CEO of the U.S. Chamber of Commerce, issued the following statement:
“There is a clear path forward for bipartisan agreement on meaningful infrastructure legislation. We urge Congress and the Administration to seize this opportunity – one that has eluded policymakers for years – to enact significant investment and durable reforms that would strengthen the economic recovery and create the conditions for high-paying jobs over the long-term.
“Our organizations are united in the belief that a major investment in physical infrastructure can, and should, be financed in a manner that will help grow our economy and enable U.S. businesses to compete globally as we emerge from the pandemic. Specifically, instead of tax increases that would harm American businesses and workers, Congress can fund these critical infrastructure investments with a combination of public-private partnerships, user fees, and reallocated unused federal appropriations, among others. We also believe that public debt and bonding authority is an appropriate and logical funding source for capital projects with a multi-decade useful life span.
“A bipartisan deal is within reach, and at a time when our competitiveness around the globe is at stake. Congress and the Administration should continue bipartisan negotiations and pursue a regular order process. Now is the time to do the right thing for the country – not fall further behind.”
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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 more than 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
Manufacturers: President’s Budget Rightly Prioritizes Bold Infrastructure Investment
Washington, D.C. – Today, following the release of President Joe Biden’s budget for FY 2022, National Association of Manufacturers President and CEO Jay Timmons released this statement:
“A budget is an important statement of a president’s priorities, and manufacturers are pleased to see President Biden prioritizing bold investments in infrastructure. The president’s clear commitment to ‘investing in ourselves’ is encouraging—and infrastructure is the right place to start. Manufacturers will continue working with both parties to secure a strong infrastructure deal.
“We know the president wants America to succeed and lead, and we agree. There are differences of opinion, however, on how to accomplish that laudatory goal. That is why we remain steadfast in our view that the competitive tax structure for businesses in America that was enacted in 2017 must not be disturbed. After the 2017 tax reform law, America saw the best year for manufacturing job creation in more than two decades, and the NAM’s recent tax study showed that tax increases under consideration would eliminate 1 million jobs in just the first two years. We can’t truly move forward as a country if we take a giant step backward with archaic tax laws.
“Manufacturers are confident that by working together in a bipartisan manner, we can find common ground that lifts everyone up and leaves no one behind. We look forward to continuing to work with the administration and members of the House and Senate from both political parties to accomplish exactly that.”
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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 more than 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
A Bottleneck at California Ports Squeezes Manufacturers
The ship stuck in the Suez Canal may have gotten all the attention, but it wasn’t the biggest shipping problem of the year. That honor goes to the massive traffic jam at the ports of Los Angeles and Long Beach, which has dragged on since late 2020.
As NAM Director of Infrastructure, Innovation and Human Resources Policy Ben Siegrist tells us, this bottleneck is a huge problem for manufacturers in the U.S.—one that is costing our economy many billions of dollars. Dozens of ships are waiting in the harbor for days before they are able to unload, exporters are struggling to get their goods out of the country, and other manufacturers are waiting months for parts or finished goods to arrive.
The problem: The numbers tell the tale: at one point in mid-April, there were 23 ships waiting to dock at the ports, according to The Wall Street Journal (subscription), down from around 40 back in February. For comparison, Siegrist explains, the normal number of ships waiting in harbor is somewhere between 0 and 1.
Why it’s happening: Much of the congestion results from the pandemic—there has been an uptick in e-commerce during the lockdowns, and the economic stimulus has boosted consumption. Meanwhile, the typical increase in shipments during the holiday season just made things worse.
However, other factors are making this congestion particularly hard to fix, says Siegrist. These include:
- A shortage of shipping containers: First of all, shippers don’t have enough containers in the absolute for all of these goods. But in addition, some of them are finding it cheaper to unload in the U.S. and then send the empty containers back to Asia—to the disadvantage of U.S. manufacturers that want to load those containers with exports.
- A shortage of chassis: The trucks that transport containers to warehouses require special chassis to move the containers, but the ports also don’t have enough of these.
- A labor shortage: Like many other Americans, port workers had to deal with COVID-19 infections or exposures as well as cope with family responsibilities during the pandemic.
Logistical complications: Meanwhile, the logistics of international shipping are incredibly complicated, Siegrist explains. There are fewer ocean carriers today—only nine, down from more than 20 a few decades ago—which means manufacturers have fewer competitive shipping options. And the complex relationships between the multiple carriers, port operators and equipment owners are not easy to disentangle or control.
What do we do? Thanks in large part to the complexity of international shipping, there’s no easy answer, says Siegrist. Right now, the NAM is in discussions with the many federal agencies involved in international commerce, including the Department of Transportation, the Department of Commerce, the Office of the U.S. Trade Representative and a lesser known but vital agency called the Federal Maritime Commission. “We’re trying to create opportunities for our members to have a dialogue with policymakers,” says Siegrist.
- The eventual policy options might range from fines or fees for international carriers to legislative updates to the 1984 Shipping Act.
- It will also be important to strengthen the domestic supply chain for equipment like containers—almost none of which are now made in the U.S. The NAM is “talking more holistically about supply chains with the Biden administration,” notes Siegrist.
Stay tuned: The FMC will release its investigation into pandemic-related shipping delays in the coming weeks.
Manufacturers React to President Biden’s First Speech to Congress
Timmons: “Manufacturers are focused on building the next, post-pandemic world.”
Washington, D.C. – Following President Joe Biden’s first presidential address to Congress, National Association of Manufacturers President and CEO Jay Timmons released this statement:
“Thanks to the leadership of vaccine manufacturers and the Biden administration’s successful vaccine distribution efforts, Americans are getting back to the activities and the people they love. Though the capacity limits in the House chamber tonight remind us that we still have a long way to go, our future is looking brighter.
“We look forward to working with President Biden to achieve historic infrastructure investment, including the many priorities offered in our ‘Building to Win’ plan, which, in addition to identifying areas of investment, also provides multiple funding solutions.
“Manufacturers have also provided roadmaps on critical issues ranging from immigration to climate change. We’re ready to work with President Biden and members of any party to deliver bipartisan progress on these issues and more, all while ensuring we’re strengthening the manufacturing workforce, not jeopardizing manufacturing growth in the United States.
“To that point, raising taxes on manufacturers—including many small businesses that pay at the individual rate—would stop our recovery in its tracks; we would lose 1 million jobs in just the first two years alone. Small manufacturers would be especially hard hit at this critical juncture, restricting their ability to raise wages and benefits, hire more workers and invest in their communities. Similarly, changes to the longstanding tax rules on the transfer of family businesses to the next generation of manufacturers would cost American jobs.
“Returning to archaic tax policies and one of the highest business tax rates in the developed world is not the way to build our future, nor are federal policies to force workers to join a union. Anti-worker policies like the PRO Act would inject uncertainty by driving a wedge in established employee–employer relationships and curtail future manufacturing investments that support our communities and families.
“As we continue to get armed against COVID-19, manufacturers are focused on building the next, post-pandemic world—one that affords even greater opportunity for all Americans.”
Background:
The NAM continues to put forward commonsense proposals to educate and inform policymakers on ways to strengthen manufacturing in America while achieving our shared objectives.
- Tax Policy Protecting Manufacturing Jobs
- “Building to Win” Infrastructure Plan
- “The Promise Ahead,” Taking Action on Climate
- “A Way Forward” on Immigration
- “Strengthening the Manufacturing Supply Chain”
-NAM-
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 12.3 million men and women, contributes $2.35 trillion to the U.S. economy annually and has the largest economic multiplier of any major sector and accounts for 63% 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.
NAM Pitches Infrastructure Funding Solutions
Though most policymakers agree that America needs to invest in its aging infrastructure, they disagree about how to pay for it. The NAM has its own recommendations on the best way to reform infrastructure funding and spend infrastructure dollars. NAM Director of Infrastructure, Innovation and Human Resources Policy Ben Siegrist recently spoke to us about that plan.
The big idea: The manufacturing industry not only depends on infrastructure to support its supply chains and operations, but in many cases helps to build that infrastructure and employs the people who put it all together. That’s why the NAM has called on policymakers to upgrade our roads, bridges and much more in its “Building to Win” plan, which includes a comprehensive list of infrastructure fixes.
The hitch: The Biden administration has called for increased taxes on corporations to pay for new infrastructure projects and other broad recovery programs, which would make it more difficult for manufacturers to grow. To avoid such a harmful policy, the NAM has been working on alternative funding options, says Siegrist. These include:
- Private investment: Private-sector and industry investment through public infrastructure bonds and municipal infrastructure bonds offers an opportunity for the government and industry to work together. It will allow the industry to access funds with appropriate municipal oversight and creates a system of both shared risk and shared benefits.
- National infrastructure bank: Under this proposal, an institution backed by federal dollars would share some of the risk of infrastructure investment, while providing much-needed capital for the development of projects with public benefit. As private industry draws loans from the bank, it can take on the risk, with revenue going back to the infrastructure bank’s coffers for future development opportunities.
- User fees: The NAM has proposed different ways to update the user fee model, which lets users of surface transportation systems pay their fair share. These updates might include an increase in the fuel tax that is indexed to inflation, or a vehicle-miles-traveled tax that allows people to pay for their specific use of roads and other infrastructure.
The last word: “The only way the economy is going to grow is by having more efficient systems than we have now. ‘Building to Win’ offers a real opportunity for bipartisan cooperation without imposing harmful taxes on businesses,” said Siegrist. “We will continue to convey that message to the Hill. This will be a long process, and we intend to work with the administration and with our members to make sure manufacturers get the support that they need.”