By Lisa Anderson Executives are tired after surviving the pandemic, navigating supply chain disruptions, handling soaring inflation, and dealing with one challenge after another. However, it is not time to rest as supply chain risks abound. From the Russia-Ukraine war to China’s aggression in the South China Sea and as well as hurricanes, strikes and […]
Read MoreThe leading organizations representing manufacturers and millions of manufacturing workers in the United States, Mexico and Canada released the following statement on the three-year anniversary of the United States–Mexico–Canada Agreement (USMCA/T-MEC/CUSMA). “On this three-year anniversary, we recognize the substantial value that the United States–Mexico–Canada Agreement has represented for our industry’s competitiveness, our economies and North […]
Read MoreBy Lisa Anderson Manufacturing is in a state of flux. After seven straight months of contraction in manufacturing, it is not surprising manufacturers are thinking about cutting back. On the other hand, in many industries manufacturers continue to have a robust backlog and are growing faster than their capacity. Simultaneously, there is significant transition and […]
Read MoreFollowing an announcement that the White House and House Speaker Kevin McCarthy (R-CA) had reached a deal to avoid default on U.S. debt, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “Manufacturers congratulate President Biden, Speaker McCarthy and their negotiating teams on reaching an agreement to lift the debt limit. […]
Read MoreManufacturers in the U.S. Are Leading the Way on Sustainability, Outpacing Global Competitors A new report conducted by Oxford Economics and commissioned by the National Association of Manufacturers warns that the Environmental Protection Agency’s proposed air quality regulations for particulate matter (PM2.5) are projected to threaten $162.4 billion to $197.4 billion of economic activity and put […]
Read MoreBy Lisa Anderson Interest rates have increased by a historic amount within the last year. Increases of almost five points on such an aggressive timeline are already having a significant impact on the ability of manufacturers and distributors to fund and support their business growth. With typical business loans renewing every five to seven years, […]
Read MoreNew Bipartisan, Bicameral Bill to Address Interest Deductibility Introduced On April 20 Following the American Investment in Manufacturing (AIM) Act, bipartisan, bicameral legislation that would reinstate the Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) measure for U.S. businesses, National Association of Manufacturers President and CEO Jay Timmons released the following statement: “America’s leadership in […]
Read MoreThe Ohio Manufacturers’ has announced Wednesday, November 8, 2023, as the date for 2023 Workforce Summit. Quest Conference Center. Created in 2017, the summit will be held at the Quest Conference Center in Columbus, Ohio, and will offer resources, tools, support, new content, and fresh ideas to manufacturers and their workforce partners, suppliers, advocates, and […]
Read MoreEarn $500 Per Employee for Your Qualifying In-House Training Program Manufacturers providing earn-and-learn opportunities to their employees are now eligible for $500 per person to offset the cost of on-the-job training and related classroom instruction. The Ohio Manufacturing Workforce Partnership (OMWP) is now offering incentives for employers who are willing to formalize their earn-and-learn programs […]
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