News & Insights

MI Opens “STEP Ahead” Nominations for 2027 Awards

Nominations for the 2027 STEP Ahead Awards are open for the next class of leaders shaping the industry everywhere from the plant floor to the C-suite. The awards: Each year, the Manufacturing Institute’s need to fill 3.8 million positions, but half could go unfilled due to a lack of talent. As manufacturers seek to attract …

EX-IM Bank Turns a Profit

The Export-Import Bank, a key support for manufacturers in America, has reached profitability for the first time in a decade, its chairman argued last month, urging policymakers to reauthorize and modernize the institution. A long history: The NAM has been a longtime champion of EX-IM Bank, acting as one of the most

Tax Law Helps Manufacturer Add New Facilities and Production Lines

Canned beverage manufacturer DrinkPAK will soon open several new facilities and production lines, thanks in large part to last year’s tax law. Expansion made possible: “We’re putting new manufacturing lines in Texas and … and we will put new manufacturing lines in a Philadelphia facility as well,” DrinkPAK Chief Strategy Officer Brian Aster told the …

Caterpillar to Invest $10 Million in Illinois Workforce Development

Construction and mining equipment maker Caterpillar will invest up to $10 million in Illinois to prepare workers across the state for manufacturing jobs, it announced on Wednesday (1.9 million unfilled industry positions by 2030, according to a study by Deloitte and the Manufacturing Institute, the NAM’s 501(c)3 workforce development and education affiliate. There’s more: Caterpillar …

NAM, Industry Groups Call for National Uniformity for Food and Beverage Policy

The NAM and other groups representing food and beverage manufacturers are calling on Congress to enact a federal framework for regulations that can override the tangle of competing state policies and help improve consumer confidence in food regulatory system. The ask: “Congress has a unique opportunity to address consumer concerns through a science-based federal framework …

Senate Funding Bill Extends Key Manufacturing Priorities

The Senate has released the text of a short-term continuing resolution to fund the government through mid-December. The bill includes extensions of key NAM priorities, including certain called for an extension of the fee authority, within its broader push for targeted reforms that will streamline review processes and prevent incongruous regulation. The timeline: Yesterday, the …