The U.S. House of Representatives passed the American Manufacturing Competitiveness Act, H.R. 5865, that will form a 15-member panel to make recommendations to the President and Congress on how to strengthen the U.S. manufacturing sector and ensure its long-term competiveness against foreign competition.
The panel’s charge is to conduct an in-depth analysis of the nation’s manufacturing sector, U.S. government policy, and the policies of competing nations to determine how best to ensure that the U.S. attracts and supports manufacturing operations over the long term.
The analysis will result in a draft national competitiveness strategy to be approved by the President by April 2014, with a subsequent analysis and follow-up strategy due in 2018.
The National Tooling and Machining Association and the Precision Metalforming Association supported the move.
Said PMA President Bill Gaskin: “Member companies play an integral role in the broader economy, producing components found in over 90 percent of U.S. manufactured goods and equipment. We support the viability of nearly every key domestic industry sector, ranging from agricultural and mining, energy and transportation to aerospace, medical devices, electronics, national defense, and homeland security.”
Bill co-sponsors were U.S. Reps. Dan Lipinski, a Democrat, and Adam Kinzinger, a Republican.
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