The National Association of Manufacturers (NAM) announced today that former Sens. Blanche Lincoln (D-AR) and George Allen (R-VA) will co-chair the Manufacturing Competitiveness Initiative, an effort aimed at examining and highlighting the competitiveness challenges facing manufacturers.
The National Association of Manufacturers (NAM) 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 12 million men and women, contributes more than $1.8 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for two-thirds of private-sector research and development. 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 Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
Among the first challenges the bipartisan partnership will take on are the impact of unnecessarily burdensome regulations on manufacturers. “Our regulatory system is too often incoherent, unaccountable and in desperate need of reform,” said Allen. “As governor, I witnessed firsthand the impact that regulations can have on a growing economy and small businesses in particular. In Virginia, we took a collaborative approach to protecting public health, ensuring the safety of working men and women and safeguarding the environment without hindering growth. We enacted commonsense policies that eliminated duplicative and complex regulations and embraced smart, innovative ways to achieve shared goals.”
“We must continually strive to keep the United States as the best place in the world to manufacture, innovate and attract investment, but all too often, government policies on regulation, litigation, energy and taxes stand in our way,” said Caterpillar Chairman and CEO and NAM Board Chair Doug Oberhelman. “Senators Allen and Lincoln have a long history of reaching across the aisle to find pro-growth, pro-business solutions, and I look forward to their efforts to help strengthen manufacturing.”
“As senator, I heard from manufacturers and small business owners about the impact of inconsistent and uncertain regulatory policy,” said Lincoln. “We can do better as a nation. To unleash the creative spirit of America’s entrepreneurs, we need a commonsense regulatory system that encourages innovation and investment. An American economy with a simple and streamlined regulatory system would be the envy of the world. I look forward to examining ways in which both parties can work together to address this important issue.”
Lincoln and Allen will work with the NAM and its members to advance a manufacturing agenda that is focused on real priorities and reforms unnecessary impediments to growth.
--Press release from NAM