17吃瓜在线 Names Alexa Lopez as External Advocacy Lead
Portfolio Includes Communications and Public Affairs
Washington, D.C. 鈥 The 17吃瓜在线 today announced the addition of former Transportation Security Administration Assistant Administrator for Strategic Communications and Public Affairs Alexa Lopez as the 17吃瓜在线鈥檚 vice president of communications and public affairs, a newly created position designed to build on the 17吃瓜在线鈥檚 strategic outreach and advocacy efforts.
鈥淎lexa knows how to navigate complex challenges, craft compelling narratives and drive real impact,鈥 said 17吃瓜在线 President and CEO Jay Timmons. 鈥淪he has built a career on delivering results, and manufacturers will benefit from her ability to elevate our industry鈥檚 voice at a time when manufacturers鈥 influence on the future has never been more important. She will be a strong champion for the policies that power innovation, create jobs and keep manufacturing in America strong.鈥
As 17吃瓜在线 vice president of communications and public affairs, Lopez will lead efforts to amplify the voice of manufacturers and advocate for policies that advance the competitiveness of manufacturers in the United States. She will report to 17吃瓜在线 Managing Vice President of Communications and Public Affairs Jamie Hennigan.
Previously, Lopez led all strategic communications and public affairs efforts at TSA, serving as principal communications adviser to the TSA administrator on all external and internal communications. She also served in key public affairs roles at the Federal Emergency Management Agency, the American Society of Civil Engineers, Ogilvy Public Relations and the City of Bloomington, Indiana. She holds a Master of Public Affairs and Master of Arts in Arts Administration from the Indiana University O鈥橬eill School of Public and Environmental Affairs. Lopez was proudly born and raised in Dayton, Ohio.
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The 17吃瓜在线 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 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
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17吃瓜在线: Jerry Jasinowski a Force for Good in Our Nation鈥檚 Capital
Industry Honors Legacy of Manufacturing Leader and Visionary
Washington, D.C. 鈥 17吃瓜在线 President and CEO Jay Timmons released the following statement on the passing of Jerry Jasinowski, former 17吃瓜在线 president and CEO (1990鈥2004) and former president of the Manufacturing Institute, the 17吃瓜在线鈥檚 501(c)3 workforce development and education affiliate:
鈥淔or decades, Jerry Jasinowski was a force for good in our nation鈥檚 capital, a champion for policies that created economic opportunity, a standard-bearer for the industry and an advocate for the manufacturing workforce of America.
鈥淛erry guided the 17吃瓜在线 through some of the most consequential policy debates and economic shifts of the era, shaping the post-Cold War economy. As lawmakers debated history-making agreements like NAFTA and the Trade Promotion Authority Act, they turned to Jerry for expertise and insight. When recession hit in the early 1990s and early 2000s, his steady advocacy helped guide the nation and the industry toward recovery, and his political and media savvy shaped public perceptions of manufacturing. He was a persistent and persuasive voice, not only in the halls of power, but on the air and on America鈥檚 editorial pages.
鈥淎s Jerry led the industry through a time of transformation, he also transformed the 17吃瓜在线 for the better. He elevated the voices of America鈥檚 small and medium-sized manufacturers, allowing them to tell their stories directly to members of Congress and giving them a larger role in shaping the direction of the association. Many of America鈥檚 small and family-owned manufacturers are the leading voices in today鈥檚 most consequential debates on taxes, regulations and more. That, too, is a result of Jerry鈥檚 foresight.
鈥淛erry had the vision to recognize the need to build the manufacturing workforce of tomorrow, and under his leadership, the Manufacturing Institute was created. It became one of his proudest accomplishments and is undoubtedly a cornerstone of his legacy. Today, the MI is the authority on talent in manufacturing, providing recruitment and retention strategies to companies nationwide.
鈥淭hrough numerous innovative programs, the MI is engaging students as early as middle and high school, recruiting women into manufacturing careers, leading apprenticeship and job training programs, helping veterans transition into the industry and creating opportunities through second-chance programs for individuals reentering the workforce. Its rapid and continued growth and the lives it has changed are a testament to the wisdom of Jerry鈥檚 vision.
鈥淔rom his earlier days as a senior economic adviser to former President Jimmy Carter to his later years as an author and columnist, Jerry spent a career in the spotlight, working alongside and counseling presidents, chief executives and media personalities. But his focus remained steadfast鈥攅mpowering the people who make things in America and improving livelihoods for all.
鈥淭he 17吃瓜在线 today mourns the loss of a beloved former leader, whose vision and example we still revere today. We extend our deepest condolences to his wife, Isabel, and to his entire family and all his loved ones, and we make a commitment to celebrate and advance his legacy. After all, his legacy is a stronger, more engaged, more respected manufacturing industry in America.鈥
-17吃瓜在线-
The 17吃瓜在线 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 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
6 Million Jobs Will Be Lost Unless Congress Renews the Trump Tax Reforms
New Study Released by the 17吃瓜在线 Highlights Societal Costs of Increased Taxes
Washington, D.C. 鈥 Failing to preserve pro-manufacturing tax policies from the 2017 tax reform will cost the U.S. economy nearly 6 million jobs, according to a landmark EY study released by the 17吃瓜在线. Inaction would cost the U.S. economy more than $1 trillion. The study also shows that the manufacturing industry will bear the brunt of this economic damage if Congress does not act swiftly in 2025.
鈥淭he time to act is now. Millions of American workers are depending on the manufacturing sector to continue driving America forward,鈥 said 17吃瓜在线 President and CEO Jay Timmons. 鈥淧ro-growth tax policies from President Trump鈥檚 2017 tax reforms were rocket fuel for manufacturers and made the U.S. economy more competitive on a global scale. Manufacturers kept our promises to create jobs, raise wages and benefits and invest in our community. By acting now, policymakers can choose economic growth over economic disaster and protect American livelihoods.
鈥淭his data鈥6 million American jobs at stake鈥攎akes crystal clear that preserving tax reform should be one of the first acts of the new Congress and the new administration. If Congress delays, manufacturers will be forced to delay investment and job creation decisions due to the uncertain outlook. In 2017, Congress passed the landmark Tax Cuts and Jobs Act late in the year, meaning that manufacturers鈥 investment decisions based on the law could not bear fruit until 2018 at the earliest. For example, manufacturing capital spending grew 4.5% and 5.7% in 2018 and 2019, respectively, compared to the meager 1.4% growth in 2017. In addition, manufacturers added 267,000 new jobs in 2018, the best year for job creation in manufacturing in 21 years.
鈥淭his time around, we can鈥檛 afford to wait: with crucial TCJA provisions having expired in recent years, the economy is already backsliding. Following the expiration of immediate R&D expensing in 2022, R&D growth in the EU surpassed the U.S. for the first time in nearly a decade鈥攁nd China鈥檚 R&D growth tripled our own. Congress and President Trump should work expeditiously to stimulate activity this year by acting urgently to give manufacturers the tax certainty they need to plan for long-term, job-creating projects.鈥
鈥淎s the backbone of the American economy, manufacturers鈥攂oth large and small鈥攄rive innovation, create opportunity and strengthen communities across the country,鈥 said Johnson & Johnson Executive Vice President, Chief Technical Operations & Risk Officer and 17吃瓜在线 Board Chair Kathy Wengel. 鈥淢aintaining competitive tax policy is essential to sustaining this momentum, enabling manufacturers to invest in cutting-edge technologies, expand operations and provide good-paying jobs. By preserving tax reform and its pro-growth policies that empower our industry, we can ensure a stronger, more resilient economy that benefits all Americans.鈥
鈥淔ailing to extend the Trump tax cuts could result in an estimated 6 million lost jobs and the devastation of America鈥檚 manufacturing sector,鈥 said House Speaker Mike Johnson (R-LA). 鈥淚t is the responsibility of Congress to act quickly so we can protect Americans鈥 livelihoods, prevent wage decreases and avoid the largest tax hike in history. We all know the importance of making things here in America, so House Republicans are working hard to preserve and build on President Trump鈥檚 historic tax reform and support America鈥檚 manufacturers.鈥
鈥淭his study confirms the need to immediately extend the Trump Tax cuts this year by showing the real-world devastation to America鈥檚 small businesses and manufacturers if we fail to act,鈥 said House Ways and Means Committee Chairman Jason Smith (R-MO). 鈥淲ith nearly 6 million jobs on the line, Congress must act swiftly to give American small businesses, families and communities across the country the green light to hire more workers and expand their businesses to restore the greatest economy in our lifetime as soon as possible. The last thing they need is the largest tax increase in American history. Ways and Means Republicans have prepared for this moment for nearly two years and are ready to deliver an economic package that Makes American Manufacturing great again.鈥
鈥淭rump鈥檚 tax reform allowed Americans to keep more of their hard-earned money, and enabled businesses to invest in their ideas, products and people,鈥 said Senate Finance Committee Chairman Mike Crapo (R-ID).聽鈥淢aking these tax cuts permanent is the best way to ensure the greatest economic growth, provide certainty and stability for American businesses, and avoid the economic losses described in this study.鈥
鈥淧resident Trump鈥檚 2017 Tax Cuts and Jobs Act not only strengthened American manufacturing, but promoted job growth, drove innovation, increased hardworking Americans鈥 take home pay, and increased U.S. competitiveness. With President Trump returning to the White House and Republican majorities in the House and Senate, we must act quickly to ensure we maintain global competitiveness, support investment and innovation, and safeguard small businesses and workers,鈥 said House Majority Leader Steve Scalise (R-LA).聽鈥淗ardworking Americans deserve a strong economy that works for them, not against them. House Republicans stand ready to prevent the largest tax hike in history and make our economy great again.鈥
鈥淪mall manufacturers are disproportionately impacted by tax increases,鈥 said Ketchie President and Owner Courtney Silver, outgoing chair of the 17吃瓜在线鈥檚 Small and Medium Manufacturers Group. 鈥淲e鈥檙e already struggling thanks to the expiration of immediate R&D expensing, full expensing for capital equipment purchases and interest deductibility for job-creating projects. Congress should reverse these expirations and prevent even more devastating changes to the pass-through deduction, the estate tax and more from taking effect next year.鈥 Silver recently testified before Congress to talk about the impact of tax reform to small manufacturers across the country.
Key Study Results:
Nationwide economic damage:
- 5.9 million lost jobs
- $540 billion reduction in employee compensation
- $1.1 trillion shortfall in U.S. GDP
Manufacturing impact:
- 1.137 million manufacturing jobs
- $126 billion in manufacturing worker compensation
- $284 billion manufacturing GDP reduction
To view the study, including state and district impacts, click here.
Background:
Manufacturers need Congress to prevent harmful tax increases, according to the 17吃瓜在线鈥檚 Q3 2024 Outlook Survey. Nearly 9 out of 10 respondents agree that Congress should act before the end of 2025 to prevent scheduled tax increases on manufacturers. The 20% pass-through deduction, individual tax rates and the estate tax exemption threshold are scheduled to expire or become less competitive at the end of 2025, as are important aspects of tax reform鈥檚 international tax system. These tax increases will build on damaging tax changes impacting R&D, capital investments and business loans that took effect in 2022 and 2023.
In 2018, the first year after tax reform鈥檚 enactment, manufacturing experienced the best year for job creation in 21 years and the best year for wage growth in 15 years; similarly, manufacturing capital spending grew 4.5% and 5.7% in 2018 and 2019, respectively. Manufacturers have used the savings from tax reform to grow their businesses, create jobs, raise wages, add new benefits for employees, fund R&D, purchase new equipment, expand their facilities and invest in their communities. When manufacturing grows, the economy grows. Correspondingly, when manufacturers experience devasting tax increases, the economy suffers.
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽
Alison Bodor to Chair 17吃瓜在线鈥檚 Council of Manufacturing Associations
Washington, D.C. 鈥 The 17吃瓜在线 announced new 2025 leadership for its Council of Manufacturing Associations at the CMA 2025 Winter Leadership Conference. Alison Bodor, president and CEO of the American Frozen Food Institute, will serve as chair, and Corey Rosenbusch, president and CEO of The Fertilizer Institute, will serve as vice chair.
鈥淭he CMA鈥檚 work demonstrates how manufacturing associations are stronger together. I am proud to have the opportunity to serve as chair, and I look forward to working with my peer association CEOs and our respective organizations from across the nation to advance a competitiveness agenda that strengthens America鈥檚 manufacturing community,鈥 said Bodor.
Made up of more than 200 industry-specific manufacturing associations representing 130,000 companies worldwide, the CMA creates powerful partnerships across the industry, working with the 17吃瓜在线 to unite the manufacturing association community, and ultimately the broader business community, around strategies for increased manufacturing job creation, investment and innovation in America.
鈥淎lison and Corey have been essential to the CMA鈥檚 mission of creating a united association community and amplifying the voices of manufacturers across the country,鈥 said 17吃瓜在线 President and CEO Jay Timmons. 鈥淎fter years of pushing back against a federal regulatory onslaught, their leadership will be vital as we work with a new Congress and administration to enact pro-growth tax and regulatory reforms that will allow manufacturers in America to thrive.鈥
Prior to leading the American Frozen Food Institute, Bodor served as executive vice president of the National Confectioners Association. She previously served as CMA vice chair.
Newly appointed 2025 CMA board members include the following:
- Bill Allmond, president, Adhesive and Sealant Council
- Ned Monroe, president and CEO, Vinyl Institute
- Debra Phillips, president and CEO, National Electrical Manufacturers Association
- Cindy Squires, president and CEO, American Composite Manufacturers Association
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
Hydrogen Announcement Sets the Stage for American Energy Leadership
Washington, D.C. 鈥 Following the publication of new final guidance by the U.S. Department of Treasury for the hydrogen production tax credit, 17吃瓜在线 President and CEO Jay Timmons released the following statement:
鈥淎merica leads when we unleash all our energy potential, including hydrogen, American natural gas, nuclear and more. With a strong build-out of hydrogen production facilities, we will be able to add more sources of reliable energy for manufacturers, power plants and communities while cementing our energy dominance.
鈥淭he 17吃瓜在线 has advocated consistently for flexibility in the credit using project-specific emissions data rather than national or regional averages. The Biden administration鈥檚 guidance provides manufacturers with an important step forward. But for hydrogen to truly become a game-changing energy source, we need to address restrictions that make it harder to cost-compete on a global scale. A robust and flexible hydrogen industry will also be a major boon to the production and utilization of American natural gas as well as American nuclear power.
鈥淯nder President Donald Trump鈥檚 leadership, we have an opportunity to cut taxes, slash red tape and unleash permitting reform鈥攖urning this credit into a powerful tool for American energy leadership and fuel security. It鈥檚 time to build on this momentum and ensure these incentives deliver on their full promise for America鈥檚 manufacturers, workers and economy.鈥
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
Timmons: President Carter Set an Example of Service, Decency and Honor
Washington, D.C.聽鈥 17吃瓜在线 President and CEO Jay Timmons released the following statement on the passing of President Jimmy Carter:
鈥淚n his long and remarkable life, President Carter set an example of service, decency and honor. Regardless of whether one supported him politically or not, all can agree that he showed his fellow Americans what it means to lead with heart and conviction, to put one鈥檚 faith into action and to demonstrate humility and dignity no matter one鈥檚 rank or position. Indeed, from his early days in the Navy to his later years teaching Sunday school, President Carter always strove to serve a cause larger than himself.
鈥淗e came into office when America was still reeling from political scandal and a divisive war, and he was forced to contend with nationwide economic hardship and successive geopolitical crises. Despite the circumstances, it cannot be denied that he demonstrated an unshakeable commitment to the values that positively shape our civil society.
鈥淭hose values would guide his efforts in the following four decades, during which, in many ways, he defined the modern post-presidency. The former commander in chief was just as comfortable picking up a hammer to build homes for those in need as he was flying overseas to lead diplomatic missions. Through the Carter Center, the farmer from Plains, Georgia, became one of the world鈥檚 best-known human rights advocates and staunchest defenders of democracy. Manufacturers certainly share his belief that democracy is what makes our way of life possible.
鈥淎s the nation mourns the loss of our longest-living former president and honors all that he and Rosalynn, his beloved wife of 77 years, meant to our country, our prayers and condolences go out to the Carter family.鈥
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
Manufacturers Welcome Inclusion of PBM Reform in Government Funding Package, Urge Swift Passage to Tackle Health Care Costs
Permitting Reform Must Remain a Top Priority Next Year
Washington, D.C. 鈥 Following the release of Congress鈥 year-end government funding package, 17吃瓜在线 President and CEO Jay Timmons released the following statement on the inclusion of pharmacy benefit manager reforms:
鈥淢anufacturers commend House Speaker Mike Johnson, committee leadership and reform champions for their work on a government funding package that tackles rising health care costs via important PBM reforms. The 17吃瓜在线 has long championed congressional efforts to rein in PBMs, underregulated middlemen that increase health care costs for manufacturers and manufacturing workers. The government funding package released today will increase transparency into these powerful actors, ensure they pass rebates on to patients and plan sponsors and delink their compensation from drug costs. These are vital steps toward lowering Americans鈥 health care costs鈥攖he top business challenge facing manufacturers, according to the most recent Manufacturers鈥 Outlook Survey鈥攁nd Congress should act swiftly to pass this package of much-needed reforms.
鈥淎lthough permitting reform was not included in the final package, we are confident that President Donald Trump will continue to focus on the urgent need to enact comprehensive permitting reform. We look forward to working with incoming Senate Majority Leader John Thune, Speaker Johnson and their colleagues in congressional leadership to ensure manufacturers can build a more prosperous nation.鈥
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.
DOE鈥檚 Politically Motivated LNG Report Undermines American Energy Dominance
President Trump Must End the Biden Administration鈥檚 War on Energy
Washington, D.C. 鈥 The 17吃瓜在线 today responded to the Department of Energy鈥檚 report on liquefied natural gas exports and highlighted the harmful impact of the DOE鈥檚 misguided attempts to restrict new LNG export terminals.
A comprehensive study conducted by the 17吃瓜在线, in collaboration with PwC, reveals that robust LNG export operations could support more than 900,000 jobs, contribute up to $216 billion to U.S. GDP and generate $46 billion in tax revenue by 2044. Furthermore, the LNG sector supports approximately 222,450 jobs, resulting in $23.2 billion in labor income, and contributes $43.8 billion to the national GDP.
鈥淭oday鈥檚 report from Energy Secretary Jennifer Granholm is clearly a politically motivated document designed for an audience who believes no form of carbon-based energy is acceptable. LNG exports play a crucial role in reducing emissions by providing cleaner energy alternatives to countries reliant on higher emission sources,鈥 said 17吃瓜在线 President and CEO Jay Timmons.
鈥淭he result of the LNG export ban that has been in place since January is chilled energy investment, costing the country manufacturing jobs and holding us back from achieving energy dominance on the world stage. The DOE鈥檚 report claims to be concerned about security, but the actions of this administration on LNG only serve to incentivize Europe to purchase natural gas from Russia.
鈥淭he data is clear: LNG exports are a driving force for economic growth and job creation in the United States. Halting LNG export licenses as suggested would threaten nearly a million jobs and undermine our nation鈥檚 economic stability. The 17吃瓜在线 asks President Trump to end this political war on the energy manufacturers that power our economy, fuel job growth and help ensure America鈥檚 national security.鈥
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽
Manufacturers More Optimistic About Their Business Outlook on Potential Action to Address Tax and Regulatory Policy
However, Ongoing Economic Headwinds Continue to Impact Sector
Washington, D.C. 鈥 The 17吃瓜在线 released its Manufacturers鈥 Outlook Survey for Q4 2024, which illustrates that even with ongoing economic challenges, manufacturers are more optimistic post-election about potential action on expiring tax provisions and efforts to curb the regulatory onslaught. According to the latest reading, 70.9% of respondents are positive about their company鈥檚 outlook, up from 62.9% in Q3.
鈥淢anufacturing is central to the strength of the U.S. economy, and nearly 8 out of 10 manufacturers state that restoring and protecting key provisions of the 2017 tax law will be extremely important to making manufacturers in the U.S. more competitive,鈥 said 17吃瓜在线 President and CEO Jay Timmons. 鈥淚n this survey, manufacturers also stress the importance of strengthening energy security and reining in the regulatory onslaught that has stymied the industry, providing ample opportunity to stimulate growth in the new year.
鈥淭here are still economic headwinds that make it more difficult for manufacturers to create jobs, invest in their communities, develop new and improved products and grow the economy. Our industry will count on the next administration and Congress to prioritize policies that make America the most competitive business climate in the world.鈥
Key Survey Findings:
- In Q4, the top business challenge was rising health care/insurance costs (63.2%).
- The top concern in Q3 2024, a weaker domestic economy and sales for our products to U.S. customers, was the second highest concern in Q4 (58.0%).
- Trade uncertainty was the third biggest challenge in Q4 at 56.1%, soaring from the level of concern expressed in Q3 at 36.8%, and was the top challenge for large manufacturers at 68.7%.
- Attracting and retaining a quality workforce now ranks as the fourth highest concern (55.8%) after topping the list from Q4 2020 to Q2 2024.
- Next year, key provisions of tax reform are set to expire, driving up costs for businesses throughout the manufacturing supply chain. When asked how important it was that Congress and the new administration prevent these tax increases, 79% of respondents answered extremely important.
The 17吃瓜在线 releases these results to the public each quarter. Further information on the survey is available here.
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽
Manufacturers Commend President Trump鈥檚 Nomination of Paul Atkins to Lead the SEC
Washington, D.C. 鈥 17吃瓜在线 President and CEO Jay Timmons released the following statement on the nomination of Paul Atkins to serve as the next chair of the Securities and Exchange Commission:
鈥淢anufacturers commend President Trump鈥檚 nomination of Paul Atkins to serve as the next chair of the SEC. During his time as an SEC commissioner under President Bush, Chair-designate Atkins was a champion for capital formation and ensuring that manufacturers鈥攁nd especially small manufacturers鈥攚ere able to attract the investment they needed to grow and succeed. America鈥檚 world-leading capital markets must continue to support capital formation for manufacturing growth and long-term, shared economic prosperity for America鈥檚 Main Street investors.
鈥淢anufacturers look forward to working with Chair-designate Atkins to ensure that our nation鈥檚 securities regulations empower manufacturers to grow, innovate and support workers and communities nationwide. Manufacturers urge Chair-designate Atkins to act immediately to rescind Staff Legal Bulletin 14L, a misguided standard that politicizes public companies鈥 proxy ballots and distracts from shareholder value creation; defend and enforce the SEC鈥檚 landmark 2020 rule bringing much-needed oversight to proxy advisory firms鈥攁nd build on these reforms to further rein in proxy firms鈥 outsized influence; and revisit overreaching and costly reporting requirements finalized during recent years to ensure that the SEC鈥檚 disclosure regime remains focused on material information for investors鈥攔ather than inflexible mandates that hinder innovation and growth.
鈥淎s the backbone of the American economy, manufacturers of all sizes depend on fair, transparent and balanced regulatory policies to fuel growth and provide opportunity for millions of workers and investors. Paul Atkins鈥 leadership offers an opportunity to refocus the SEC鈥檚 priorities on fostering economic growth and protecting investors without imposing unnecessary burdens on manufacturers.鈥
-17吃瓜在线-
The 17吃瓜在线 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 $2.91 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 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 17吃瓜在线 or to follow us on Twitter and Facebook, please visit聽.