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The National Association of Manufacturers’ (NAM) Council of Manufacturing Associations (CMA) has announced 10 organizations in the inaugural “Best Manufacturing Associations to Work For” Awards. Winners will be honored at the CMA’s 2018 Summer Leadership Conference in Chicago, Illinois, this August.

The 10 associations, listed alphabetically, are the following:

  • American Bakers Association
  • American Coatings Association
  • Fabricators & Manufacturers Association, International
  • Institute of Scrap Recycling Industries
  • International Sign Association
  • Irrigation Association
  • PMMI — The Association for Packaging and Processing Technologies
  • The Aluminum Association, Inc.
  • The Fertilizer Institute
  • The Plastics Industry Association

Participants in the Best Places to Work Program are assessed by an employee engagement and satisfaction survey. Organizations must receive 80 percent or better rating in eight core focus areas:

  • Leadership and Planning
  • Corporate Culture and Communications
  • Role Satisfaction
  • Work Environment
  • Relationship with Supervisor
  • Training, Development and Resources
  • Pay and Benefits
  • Overall Engagement

The NAM is proud to recognize and congratulate these outstanding associations for building exemplary work environments,” said NAM President and CEO Jay Timmons. “Manufacturing is about people, and that is just as true on the shop floor as it is in our associations and advocacy work. We’re dedicated to helping all of our CMA members identify best practices and learn from each other. Celebrating the best of the best helps all of us succeed.”

The CMA has partnered with Best Companies Group (BCG), an independent research firm specializing in identifying great places to work to highlight manufacturing associations that go above and beyond for their employees. In addition to getting highlighted by the CMA, the award offers significant organizational benefits, including heightened company pride, improved employee morale and retention and public relations and marketing advantages. Each organization will also receive an anonymous feedback report to help identify and analyze new opportunities to improve their workplace.

To be eligible, organizations must meet the following criteria:

  • Must be a manufacturing trade association representing manufacturers in the United States
  • Have an office in the United States
  • Have a minimum of 15 employees working in the United States
  • Must be in business a minimum of one year

The post CMA Announces “Best Manufacturing Associations to Work For” Award Winners appeared first on Shopfloor.

Manufacturers are committed to pursuing policies that keep energy costs low, our environment clean and provide manufacturers with the fuel they need to compete. As a part of that commitment, manufacturers believe continued shale gas development is a critical component of a successful energy strategy – and creates jobs to boot.

Reaching our climate goals is impossible without natural gas because it’s one of the cleanest source of energy. And natural gas helps reduce our carbon footprint through underground pipelines which help keep highways and streets free from unnecessary truck traffic and accidents. By making use of all of the United States’ domestic energy sources, we can ensure the best environmental outcomes at the lowest costs.

And affordability matters. A new study out of Texas has found that the state’s manufacturing output doubled between 2009 and 2016 in large part due to advancements in natural gas technology:

A new report from Texans for Natural Gas shows manufacturing output has increased 50 percent from 2009 to 2016 as the state’s energy producers continue to capitalize on advancements in fracking technology. New technologies have also reduced costs for U.S. chemical companies by eight percent.

Texas shale-related manufacturing exports increased 68 percent between 2007 and 2017, the report notes. New chemical manufacturing investment in Texas, meanwhile, is expected to support 182,000 permanent new jobs by 2025, and add nearly $14 billion in wages for Texas workers.

As the report notes, investments are expected to support 182,000 new and permanent jobs in Texas by 2025.

Natural gas energy is a pillar of the American economy. It allows us to be productive at home and work. Relying on one-third of the energy used in the U.S., the industry of manufacturing contributed $2.52 trillion to the U.S. economy annually. For every $1.00 spent in manufacturing, another $1.81 is added to the economy. That is the highest multiplier effect of any economic sector. And for every one worker in manufacturing, there are another four employees hired elsewhere. Together, natural gas and manufacturing are making our lives a little better each day.

So whether you are turning on the air conditioner, cooking dinner, drying clothes or enjoying a cold one by your fire pit, natural gas is there to help power your life.

The post Report: Investments In Shale Technology Are Reaping Benefits For Texas Manufacturing Workers appeared first on Shopfloor.

Manufacturers promised that tax reform would spark growth in manufacturing jobs, wages, and investments. And, seemingly every day, we’re seeing more and more examples of how manufacturers are keeping that promise with companies like Miles Fiberglass in Oregon, AZZ Inc. in Texas, and RGF Environmental Group in Florida taking advantage of the new tax code to invest back into their companies and workforce.

These types of stories are happening all across the country. A new report from the Los Angeles Times highlights the fact that capital investments jumped 9.2% in the first quarter of 2018:

Five months after the tax law went into effect — highlighted by a slash in the corporate rate to 21% from 35% — U.S. companies have ramped up their domestic spending.

A closely watched measure of business capital investment growth in the U.S. jumped to a 9.2% annual rate in the first quarter of the year, the best since 2014, according to the Commerce Department. Kevin Hassett, a top economic advisor to President Trump, boasted this week that “you can see capital spending skyrocketing just as we said it would.”

The article also shares the tax reform success story of Amgen, which the National Association of Manufacturers highlighted earlier this year. Amgen, a pharmaceutical manufacturer, announced plans to build a new manufacturing facility in the U.S. after the passage of tax reform, citing the lower costs under the new tax code:

Going forward, Amgen’s Meline estimated the Thousand Oaks company would make 75% of its capital expenditures in the U.S., up from 50% before the tax changes.

“We can see a material rebalance of our investment activities in favor of the U.S as a direct consequence of the improved competitiveness of tax reform,” he said.

The article cited the National Association of Manufacturers recent tax reform survey, which found that manufacturers are planning to increase investments (86%), hiring (77%), and wages (72%) in the wake of tax reform:

“You’ll see that play out over the next several years,” said Christopher Netram, the trade group’s vice president of tax and domestic economic policy. “It’s starting now, but capital investment is a process for companies small and large.”

The post Los Angeles Times: U.S. Businesses Have ‘Ramped Up’ Investments After Tax Reform appeared first on Shopfloor.

The House Financial Services Committee has approved H.R. 5756, an important new bill from Rep. Sean Duffy (R-WI) that would make it more difficult for activists to continually place resolutions on a proxy ballot after they have been rejected by a wide majority of shareholders.

Specifically, H.R. 5756 would reform a U.S. Securities and Exchange Commission (SEC) rule that allows a vocal minority of activist investors to hijack a company’s annual proxy ballot.

Shareholders generally have the right to place proposals on a company’s proxy ballot. Under current SEC rules, failed proposals are nevertheless guaranteed a spot on the following year’s ballot if they achieve a minimal level of shareholder support. In fact, proposals opposed by 90 percent of a company’s investors may automatically qualify for a vote in successive years.

Failed proposals automatically qualify for the next year’s ballot if they garner 3 percent shareholder support after one vote, 6 percent after two votes or 10 percent after three votes or more. Under H.R. 5756, proposals would have to meet higher standards of support to be guaranteed a new vote in subsequent years. Specifically, the bill would require proposals to achieve 6 percent shareholder support after one vote, 15 percent after two votes or 30 percent after three or more votes in order to earn a place on the next year’s ballot.

In recent years, activist shareholders have used the SEC’s low resubmission thresholds to focus on political issues that are far outside the scope of a manufacturer’s business. By guaranteeing resubmission for failed proposals with overwhelming shareholder opposition, these outdated thresholds divert management time and company resources, and prioritize the whims of a small set of activist investors over the good of the company.

The NAM called for the Committee to approve Rep. Duffy’s bill. Manufacturers support H.R. 5756 because it would empower companies to prioritize the needs of workers who depend on their growth.

The post U.S. House Committee Approves Bill to Combat “Zombie” Shareholder Proposals appeared first on Shopfloor.

There’s been a lot of discussion about so-called “net neutrality” recently—some of it factual, some of it…less so. The news out today is a good example.

Last December, the FCC voted to substitute old “net neutrality” regulations—regulations that would have subjected the Internet to a nearly 100-year, rotary-telephone era regulatory structure—with common-sense rules actually designed for the modern age we live in. Today, the old regulations officially came to an end and a lot of over-the-top rhetoric followed. Some went so far as to claim that today’s changes would somehow end access to the internet or prioritize some users over others. It just isn’t true. The open internet that manufacturers rely on—that you rely on—is still here. As AT&T Executive Vice President Joan Marsh put it:

“The internet will continue to function just as it did yesterday, empowering this generation and those that follow with robust access to information, entertainment and, most importantly, to each other.”

The NAM submitted comments to the FCC earlier this year explaining the importance of a robust telecommunications infrastructure to today’s modern manufacturer. Manufacturers need a regulatory structure that supports the development and deployment of the latest manufacturing technology, not restricts it as the old regulations would have done. The shop floors and the products of the industry are increasingly connected to the internet and manufacturers are dependent on continued investment in the networks on which they run. If the infrastructure is not upgraded continuously, it will impact negatively manufacturers’ ability to innovate.

The NAM has and will continue to call on Congress to act on this issue once and for all. Manufacturers need certainty when it comes to long-term planning and investment decisions. We look forward to working with every member of Congress on a legislative solution that will continue to foster innovation in the manufacturing sector.

The post Net Neutrality Came To An End Today. The Open Internet That Manufacturers Rely On Is Still Here appeared first on Shopfloor.

Today, the Senate Committee on Homeland Security and Governmental Affairs held a roundtable to examine reauthorization of the Department of Homeland (DHS) Security’s Chemical Facility Anti-Terrorism Standards (CFATS) program. This program establishes a risk-based tiering system for facilities that are engaged in the manufacturing, storage and distribution of what DHS considers chemicals of interest.

This is an issue of critical importance to the National Association of Manufacturers (NAM): manufacturers we represent operate 2,152 CFATS-regulated facilities spanning a range of major industrial sectors. And with CFATS scheduled to sunset on January 19, 2019, lawmakers, DHS, the Government Accountability Office, and industry met to discuss the program and its future.

Manufacturers are deeply committed to the mitigation, protection, and preparedness of critical infrastructure—along with safeguarding their facilities, surrounding communities, and the nation—and they take compliance with the CFATS program very seriously. Representing the NAM at today’s roundtable was Vice President of Energy and Resources Policy Ross Eisenberg, who submitted a written statement strongly urging for the reauthorization of CFATS.

“Manufacturers have established a strong record of facility security and strive to further protect the communities in which they live and serve,” Eisenberg wrote. “Facility security will remain a top priority for manufacturers, and as such, the NAM supports the continuity of the CFATS program. CFATS reauthorization must provide manufacturers with the regulatory certainty to make the necessary investments in their facilities and meet compliance requirements.”

Later this week, the House Energy & Commerce Subcommittee on Environment will hold a hearing to discuss the CFATS program as well. The NAM will continue to actively engage with Congress, the administration, and stakeholders as reauthorization of this program moves forward.

The post The NAM Weighs in on CFATS Reauthorization Before Congress appeared first on Shopfloor.