News & Insights

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

-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 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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