Nevada’s Drug Pricing Legislation Is Unfunded, Unfounded, and Unaccountable
Shopfloor Blog
by Robyn Boerstling
5y ago
People overwhelmingly want lower drug prices—and reasonably so. However, how states and federal leaders go about this undertaking will make all the difference today and into the future. Legislation being considered in Nevada right now, SB 378, is an example of good intentions turning into bad legislation. The bill ignores the basic principles of free enterprise and sets a dangerous precedent that is likely to be challenged in court if enacted. The District of Columbia attempted a rate-setting law over a decade ago and the Federal Circuit affirmed a District Court ruling that declared the law a ..read more
Visit website
Timmons: Mark Made Us Better in the Way He Lived Life
Shopfloor Blog
by Jamie Hennigan
5y ago
Washington, D.C. – National Association of Manufacturers (NAM) President and CEO Jay Timmons released the following statement on the passing of Leading Authorities President and CEO Mark French: “With his unbridled creativity and a relentless entrepreneurial spirit, Mark French made a name for himself as a leader in the association and speaking industries. And with his warmth and generosity, he made friends across this country. I consider myself extraordinarily fortunate to have been counted as one of them. “Losing Mark is a gut punch. And we send our deepest sympathies to Mark’s wife, Carol ..read more
Visit website
In Geneva, As In Washington, Private-Sector Engagement Is Critical To Global Solutions
Shopfloor Blog
by Linda Dempsey
5y ago
Geneva is the nerve center for many multilateral organizations. It is home to an array of critical United Nations-related groups such as the World Health Organization, International Labour Organization, World Intellectual Property Organization, and World Trade Organization. These institutions play an important role in tackling many challenges at an international scale, pertaining to areas from global health and innovation to labor rights and advancing important initiatives such as the U.N.’s sustainable development goals. Real, lasting progress towards these goals depends on broad approaches ..read more
Visit website
Lead Battery Industry Celebrates Earth Day With its Circular Economy
Shopfloor Blog
by Kevin Moran
5y ago
As Earth Day celebrations come to a close, we reflect on the growing realization that recycling alone is not the end goal. There’s a shift in the manufacturing sector away from a linear economic model of take-make-use-dispose, to a circular one of make-use-recycle-remanufacture. In a circular economy, the value of products and materials are maintained for as long as possible, and waste and resource use are minimized. In the lead battery industry, when a battery has reached the end of its first life, its materials are kept within the economy to be used again and again to create further value ..read more
Visit website
U.S. Economy Shows Resilience, Grows 3.2% in First Quarter of 2019
Shopfloor Blog
by Chad Moutray
5y ago
Despite a multitude of challenges—slowing global growth, the partial government shutdown, trade policy uncertainties, a strong U.S. dollar—the U.S. economy showed its resilience in the first quarter, growing a solid 3.2 percent at the annual rate. This was the strongest first quarter of growth since 2015. The data were buoyed by robust contributions from service-sector consumption, exports and state and local government spending, with notable drags on growth from durable goods spending and housing. Weaker consumer purchases stemmed largely from sharp declines in motor vehicles and parts activi ..read more
Visit website
An Interview with a Maker
Shopfloor Blog
by Rachel Hostyk
5y ago
Limor Fried is the founder and owner of Adafruit Industries, a manufacturer of educational electronics and the leading source of educational materials for young makers. She’s also one of the honorees of The Manufacturing Institute’s 2019 STEP Ahead Awards, which recognize accomplished women in manufacturing. Limor Fried, founder and owner of Adafruit Industries. Here is a brief interview with Fried for the NAM’s morning newsletter, Input. Input: How did you come to create Adafruit? Fried: I’ve always liked to make stuff and work with my hands. I studied engineering at MIT, and as I learned abo ..read more
Visit website
MasterCraft CEO Joins New SEC Advisory Committee
Shopfloor Blog
by Charles Crain
5y ago
This week, the SEC launched a new Small Business Capital Formation Advisory Committee to ensure that emerging companies have a voice in SEC decision-making. One of the founding members of the Advisory Committee, as announced this week, will be Terry McNew, President & CEO of MasterCraft Boat Holdings. MasterCraft is an 882-employee boat manufacturer based in Vonore, Tennessee. Established pursuant to the SEC Small Business Advocate Act of 2016, the Advisory Committee will work with the SEC’s Advocate for Small Business Capital Formation (a position also created by the Act) to advise the SE ..read more
Visit website
Colorado’s Paid Leave Proposal is Well-Intentioned but Bad for Workers and Business
Shopfloor Blog
by Callie Harman
5y ago
Manufacturers know that paid leave is a powerful tool for attracting and retaining talented employees. That is why the National Association of Manufacturers supports paid leave programs created by employers and employees that fit the needs of the workplace—rather than broadly imposed programs that do more to create compliance burdens than provide workers with more generous leave. Manufacturers differ widely in terms of the benefits they can offer their workforce, and one-size-fits-all paid leave mandates are often more harmful than helpful to small businesses seeking cost effective ways to pro ..read more
Visit website
How McCormick Is Committing to Sustainability
Shopfloor Blog
by Dr. Michael Okoroafor
5y ago
At McCormick, we are committed to the long-term vitality of people, communities, and the planet while delivering top-tier financial results. In other words, we’re focused on Purpose-led Performance. This guiding principle marries our commitment to high performance with its responsible and conscious stewardship of the environment. It is an underlying principle of everything we do at McCormick. In October 2017, we outlined our sustainability goals through 2025 in our Purpose-led Performance report, which are all aimed at working to improve the health and well-being of all people, building resili ..read more
Visit website
As Tax Day Arrives, Evidence Shows Tax Reform Is Still Jet Fuel for U.S. Manufacturing Growth
Shopfloor Blog
by Andrew Clark
5y ago
As millions of Americans face the first tax day filing deadline completely covered under the new tax reform law, U.S. manufacturers are continuing to see sustained growth due to the overhauled tax code nearly a year and a half after its passage.  Economic data since tax reform was signed into law points to a stunning and quick turnaround. The U.S. economy grew 3.1% from the fourth quarter of 2017, when tax reform was signed into law, to the fourth quarter of 2018, the fastest year-over-year growth in nearly fifteen years. Moreover, business investment spiked 6.9% in 2018, the strongest reading ..read more
Visit website

Follow Shopfloor Blog on FeedSpot

Continue with Google
Continue with Apple
OR