National Association of Manufacturers (NAM) President and CEO John Engler issued the following statement after the Senate passed the America COMPETES Reauthorization Act of 2010 (H.R. 5116):
“Manufacturers are very pleased the COMPETES Act has passed the Senate and is now on its way to be signed into law by President Obama. Our economic future relies more than ever on our ability to innovate, and the reauthorization of the COMPETES Act will help manufacturers prosper in a globally integrated and highly competitive marketplace.
The COMPETES Act reauthorizes critical programs ranging from federal funding for R&D to vital education grants, which will aid manufacturers and enhance their competitiveness. The NAM thanks the members of Congress who supported this important legislation, and we urge President Obama to sign the bill into law as soon as possible.”
The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.