U.S. manufacturing bill passes through House with bipartisan, industry support
The U.S. House of Representatives recently passed a bill that would help the nation's manufacturing sector, as the new legislation may lead to an adjustment of business strategy across the industry.
According to Manufacturing Digital, the bill, H.R. 5865, was introduced by Representatives Dan Lipinski and Adam Kinzinger, and the legislation gained support from both sides of the aisle as Washington is trying to support a resurgence in the nation's manufacturing sector.
The bill sought to form a federal board of manufacturing experts, and these individuals would be tasked with analyzing the nation's industry, the political landscape and policies affecting the sector and the programs and plans that have been set up in other countries, according to the SouthTown Star.
The passage of the bill through the House was seen as a victory, especially given the nature of politics in Washington at this time.
"At a time when the political environment is highly polarized and Congress is not doing much besides bickering, I am especially proud to have moved this bipartisan bill forward in order to commit our nation to boosting manufacturing and growing jobs for the middle class," Lipinski said in a statement.
The bill also received support from some of the leading industry groups in the country, and manufacturers noted that this type of legislation will help to provide a much-needed boost to the sector so that growth can continue.
"There is no better moment for the White House and Congress to focus on revitalising our industry through a concerted, pro-manufacturing strategy that addresses the competitive disadvantages our members contend with every day," said Precision Metalforming Association president Bill Gaskin following the passage of the bill through the House. "PMA and NTMA member companies play an integral role in the broader economy, producing components found in over 90 percent of US manufactured goods and equipment."
His sentiment was echoed by his colleague at the National Tooling and Machining Association.
"The entire country will benefit if we increase US manufacturing jobs, support growth of technologies that strengthen our industry’s competitiveness, and reach a realistic understanding of how our foreign competitors fight to attract market share in this highly competitive global industry," said NTMA president Dave Tilstone, applauding the work of the House.