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MARCH 16, 2012
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Jennifer McNelly Named President of The
Manufacturing Institute
Boca Raton, FL, 3/16/12-The Manufacturing Institute
(the Institute), the non-profit affiliate of the National Association of
Manufacturers (NAM), yesterday announced that it has named Jennifer
McNelly president, effective April 2012. McNelly has served as
Senior Vice President at the Institute and will succeed Emily DeRocco in
this position.
McNelly has extensive experience in workforce
development, employer engagement, and business. She is a proven
leader at the Institute as the chief architect of one of the
organization's flagship initiatives, the NAM-Endorsed Manufacturing
Skills Certification System, which is building the next generation of
skilled manufacturing talent.
"Jennifer is an exceptional leader whose
experience and passion for manufacturing will bring great value to our
members and U.S. manufacturers," said Jay Timmons, president and
CEO, NAM. "One of our core goals for a manufacturing
renaissance is to make sure manufacturers in the United States have the
workforce that the 21st century economy requires. Jennifer's
leadership at the Institute will undoubtedly help us reach this
goal."
"Manufacturing is the lifeblood of American towns
and communities," said McNelly. "As I have travelled
across the country meeting with employers, teachers, and students, I have
seen the face of manufacturing and witnessed first-hand that it is the
workforce that drives innovation and business competitiveness. I am
humbled and honored to lead efforts to develop the talent we need to keep
American manufacturing the best in the world."
As President of the Institute, McNelly will drive an
agenda focused on improving and expanding manufacturing in the United
States through education, innovation and research.
Prior to joining the Institute, McNelly was a member
of the Senior Executive Service (SES) for the U.S. Department of Labor,
Employment and Training Administration (ETA). McNelly also served as the
Director of the Business Relations Group for ETA. In this capacity, she
managed the President's High Growth Job Training Initiative and the
Community Based Job Training Grants. McNelly brings strong private-sector
experience to the leadership of the Institute, having served as Senior
Vice President of Strategic Partnerships, LLC, an international
consulting firm specializing in assisting Fortune 500 corporations to
build strategic partnerships with government agencies in support of
workforce development.
McNelly serves as a member of the American National
Standards Institute (ANSI) Personnel Certification Accreditation
Committee, the Precision Metalforming Association (PMA) Education
Foundation, and the Jobs for DC Graduates Board of Directors.
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Quick Manufacturing News
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producer into partnership to construct midstream services complex in
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Quick Manufacturing News
According to the
quarterly Global Retail Manufacturers and Importers Survey, 43.2% of
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respondents believe that the spring and summer retail seasons will be
at least as robust as last year's. Click to continue
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CBO: OBAMA
BUDGET ADDS $3.5 TRILLION IN DEFICITS THROUGH 2022
Erik Wasson --
The Hill
President Obama’s 2013 budget would add $3.5 trillion to
annual deficits through 2022, according to a new estimate from the
Congressional Budget Office (CBO).
It also would raise the deficit next year by $365
billion, according to the nonpartisan office.
The CBO estimate is in sharp contrast to White House claims
last month that the Obama budget would reduce deficits by $3.2 trillion over
the next decade.
The differences between the estimates from CBO and the White
House budget office are attributable to different baselines and economic
assumptions, and a big reason CBO expects the deficit to spike sharply under
Obama's budget is that CBO's baseline assumes all the Bush-era tax rates will
expire at the end of 2012.
Obama wants to continue the middle-class tax cuts, something
reflected in his budget.
The $365 billion increase to the deficit in 2013 that CBO
estimates would be caused by Obama's budget is due to proposals that increase
spending by $137 billion and that decrease revenue by $228 billion.
In total, the Obama budget spends $3.7 trillion next year
and proposes generating $1.5 trillion from new taxes over ten years.
His budget would increase the size of the national debt held
by the public from $10.1 trillion today to $18.8 trillion in 2022, according to
CBO.
Under the CBO baseline, which assumes no change to current
law, the debt would still rise, but only to $15.1 trillion by 2022.
According to CBO, the deficit will be $1.3 trillion in
2012—the fourth straight year of trillion dollar deficits despite Obama’s
promise to cut the deficit in half after his first term. The Obama budget would
increase the deficit by $82 billion in fiscal year 2012, according to CBO's
estimate.
Manufacturers made 0.3 percent more electronics, energy
products and electrical equipment in February, according to the Federal
Reserve...
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