The National Association of Manufacturers (NAM) has been a significant force in shaping manufacturing policy in the United States. As the largest manufacturing trade association, NAM represents a diverse
array of companies and sectors, advocating for policies that support the growth and competitiveness of U.S. manufacturing. This article examines NAM's influence on policy and legislation, highlighting its key initiatives and achievements.
Advocacy and Legislative Achievements
NAM's advocacy efforts have been instrumental in influencing legislation that impacts the manufacturing sector. In 2018, NAM played a crucial role in the passage of the Tax Cuts and Jobs Act, with House Ways and Means Chairman Kevin Brady acknowledging that the Act would not have passed without NAM's leadership. This demonstrates NAM's ability to mobilize support and drive legislative change.
NAM's policy work spans various areas, including labor, employment, health care, energy, and trade. The organization emphasizes the importance of free enterprise, competitiveness, individual liberty, and equal opportunity in its advocacy efforts. These principles guide NAM's initiatives to create a favorable business environment for manufacturers.
Addressing Workforce Challenges
One of the major challenges facing the manufacturing sector is the inability to attract and retain a quality workforce. NAM's Manufacturing Outlook Survey consistently highlights this concern among manufacturers. To address this issue, NAM's Manufacturing Institute focuses on developing a skilled workforce through initiatives like Manufacturing Day, which aims to dispel misconceptions about manufacturing and attract new talent.
The Institute also sponsors programs to enhance workforce skills and productivity, ensuring that manufacturers can remain competitive in a rapidly changing global market. By investing in workforce development, NAM helps manufacturers overcome labor shortages and maintain their position as a key driver of economic growth.
Legal and Regulatory Initiatives
NAM is actively involved in legal and regulatory initiatives to protect the interests of its members. In 2017, NAM launched the Manufacturers' Accountability Project to combat frivolous lawsuits against energy manufacturers. This initiative is part of NAM's broader efforts to ensure a fair and predictable legal environment for manufacturers.
Additionally, NAM has supported legislation like the EPS Service Parts Act of 2014, which provides regulatory relief for certain power supply service parts. By advocating for sensible regulations, NAM helps manufacturers navigate complex legal landscapes and focus on innovation and growth.
Through its advocacy and policy initiatives, NAM continues to shape the future of U.S. manufacturing. By addressing workforce challenges, influencing legislation, and protecting manufacturers' interests, NAM plays a vital role in ensuring the sector's success and competitiveness.
