CHANGING THE MINDSET OF MANUFACTURING
April 15, 2010 – Today in Manufacturing.net
What happened to the era when manufacturing was considered a worthy career choice? Why is a career in manufacturing viewed as a less valuable option? It seems we’re still looking for adequate answers ... continue
MAPI: MANUFACTURING SHOWS ‘SIGNIFICANT’ IMPROVEMENT
April 15, 2010 – Today in Manufacturing.net
Emerging optimism prevails in the manufacturing sector that ‘Great Recession’ is finally turning to recovery, quarterly Manufacturers Alliance/MAPI survey says... continue
NAM MANUFACTURING SUMMIT CONTINUES IN WASHINGTON
April 15, 2010 – NAM Capital BriefingToday, the NAM welcomed two distinguished officials to address the Manufacturing Summit. Senate Minority Whip Jon Kyl (R-AZ), who spoke at the breakfast session, and Office of Management and Budget Director Dr. Peter Orszag, who spoke to NAM members over lunch. Both addressed pending policies that will have an impact on manufacturers, the economy, job growth and U.S. competitiveness.
During their time in Washington, NAM members are taking advantage of the opportunity to recount their individual experiences, discuss the outlook for their businesses and hear directly from their peers and colleagues on the most pressing issues facing the manufacturing sector.
The rules for success in the global economy are constantly changing, and manufacturers in America are all too often put at a competitive disadvantage by outdated policies that harm their ability to compete and provide high-paying jobs to American workers. With so much at stake, the NAM’s 2010 Manufacturing Summit is a great success. NAM members are helping legislators understand the critical role of manufacturing in our nation’s economic security, and their enthusiastic response throughout the Summit demonstrates their commitment to working with leaders in Washington to get our economy back on track.
NAM MEMBERS JOIN FORCES IN WASHINGTON FOR MANUFACTURING SUMMIT
More than 300 members of the National Association of Manufacturers (NAM) from across the nation are gathering in Washington, DC this week to participate in the second annual NAM Manufacturing Summit. In more than 150 visits with lawmakers over two days, NAM members are making a strong case for policies that will reinvigorate a struggling economy, reduce the cost of doing business in the United States, stimulate job growth and make American manufacturers more competitive.
NAM Executive Vice President Jay Timmons welcomed members to the Summit on April 14, saying “manufacturing is the heart of our economy, and manufacturing jobs lead to a better quality of life for American families.” He then roused Summit participants with a call to action, adding, “Manufacturing is the engine that can lead our country on the road back to economic recovery, and our presence on Capitol Hill can make a difference.”
During their time in Washington, DC, NAM members are focusing their Capitol Hill visits on three critical issues: job creation, taxes and labor policy.
As our nation’s unemployment rate continues to hover near 10 percent and many industrial sectors of the economy struggle to recover, promoting policies that would lead to robust job growth is a top priority for NAM members. According to a report by the NAM and conducted by the independent Milken Institute, Jobs for America: Investments and policies for economic growth and competitiveness, more than 11 million jobs can be created in the United States in this decade alone by changing key tax and economic policies and making investments in infrastructure, including energy, broadband and transportation projects.
Additionally, manufacturers are reminding legislators of the importance of crafting tax policies that will create an environment more conducive to job creation and make their companies more competitive in the global economy.
Ninety-five percent of the world’s consumers are located outside the United States. The Administration’s proposed $122 billion tax increase on worldwide American companies will make manufacturers less competitive both at home and abroad. Simple steps such as restoring and extending the R&D tax credit to promote innovation and lowering America’s stifling statutory corporate tax rate – the second highest among developed nations – would generate hundreds of thousands of manufacturing jobs and provide a significant boost to the nation’s economy.
NAM members are also re-emphasizing their opposition to jobs-killing labor policies supported by some in Congress and the Administration. The Employee Free Choice Act (EFCA) -- including alternatives that limit the amount of time employees have to decide whether or not to form a union and limit employers’ ability to communicate with employees -- is one of the most direct threats to manufacturers’ ability to compete.
CHINA'S ECONOMIC GROWTH UP, INFLATION LOW
April 15, 2010 – Today in Manufacturing.net
Chinese economic growth surged to 11.9 percent in the first quarter, while inflation stayed low at 2.2 percent, below government's target of 3 percent for the year ... continue
ZIONS BANK WASATCH FRONT MARCH CONSUMER PRICE INDEX INCHES HIGHER
April 15, 2010 – Zions Bank Corp.In March, on a non-seasonally adjusted basis, the Zions Bank Wasatch Front Consumer Price Index (CPI) rose 0.2 percent compared to the national increase of 0.4 percent, as reflected in the Zions Bank and U.S. Bureau of Labor Statistics Consumer Price Indices reported today.
{read more}
U.S. INDUSTRIAL PRODUCTION WEAKER THAN EXPECTED
April 15, 2010 – Today in Manufacturing.net
Federal Reserve said industrial production edged up 0.1 percent in March, lagging expectations despite growth in the key manufacturing sector... continue
COMER VS. MURPHY OIL
April 15, 2010 – National Association of Manufacturers AssociationThe NAM and many other business organizations are quite concerned about the Comer vs. Murphy Oil case now before the U.S. Court of Appeals for the Fifth Circuit. It is a suit by Mississippi residents and property owners alleging that emissions from more than 150 energy and manufacturing companies increased global warming, causing a “public nuisance,” and contributing to the severity of damages resulting from Hurricane Katrina. This legal theory would dramatically expand existing law beyond anything ever recognized because of the speculative nature of the claim and the fact that it involves political questions that are more properly handled in the political branches of government, not the courts.
While the NAM plans to be filing an amicus brief in the case, an effort is under way to encourage various state attorneys general to file their own briefs. They can either file a separate brief or join in a brief to be filed by Texas Attorney General Greg Abbott opposing this expansion of liability for manufacturers and other businesses in their states.
RIO TINTO TO INVEST $340 MILLION IN A NEW MOLYBDENUM AUTOCLAVE PROCESS FACILITY AT KENNECOTT UTAH COPPER
April 15, 2010 – Rio Tinto Kennecott Utah CopperKennecott Utah Copper, today announced that its parent company, Rio Tinto, will invest $340 million in the construction of a new Molybdenum Autoclave Process facility at Kennecott Utah Copper in Magna, Utah.
{read more}
VIDEO: THE FUTURE OF EDUCATION IN UTAH
April 15, 2010 – Salt Lake Chamber of CommerceMark Bouchard, chair of the Salt Lake Chamber Education Committee and Senior Managing Director of CB Richard Ellis shared his thoughts on the future of education in Utah during a forum held by the Chamber and the Association of American Colleges & Universities. One of the Chamber's top priorities this legislative session was to protect funding for public and higher education and Bouchard and other business leaders played a pivotal role in advancing this message on Capitol Hill.
{read more}
PLANS BEGIN FOR 10 E-SCRAP (E-WASTE) PLANTS TO BE BUILT WORTH $135,000,000 BY NEWLY FORMED CONSORTIUM
April 15, 2010 - Business WireGarb Oil & Power Corporation announces that it has formed a consortium with seven other companies to build 10 E-scrap (E-Waste) plants in the eastern part of the US.
{read more}
No comments:
Post a Comment