Free trade, energy bill: NEMA offers applause, appeals
Rosslyn, VA – The National Electrical Manufacturers Association (NEMA) thanked the Senate for its recent approval of the U.S.-Peru Trade Promotion Agreement, following on the House of Representatives' vote last month. In separate news, the organization praised the U.S. House of Representatives for passing energy legislation with NEMA-advocated policies.
Rosslyn, VA – The National Electrical Manufacturers Association (NEMA)
As for trade, "This Agreement is very much in the best interest of U.S. electrical equipment exporters due to Lima lifting its remaining tariffs," said NEMA president and CEO Evan Gaddis.mers is vital to making our country more efficient. I applaud the House for this action, and I hope that comprehensive energy-efficiency legislation can soon be ratified into law.”
National Electrical Manufacturers Association (NEMA)thanked the Senate for its recent approval of the U.S.-Peru Trade Promotion Agreement, following on the House of Representatives' vote last month. In separate news, the organization praised the U.S. House of Representatives for passing energy legislation with NEMA-advocated policies.
NEMA calls on Congress to ratify other recently negotiated U.S. free trade agreements with Panama, Colombia, and South Korea. The U.S. already enjoys two-way electrical equipment industry surpluses with these trading partners, with figures likely to improve as remaining foreign duties are withdrawn.
Meanwhile, energy legislation passed by the U.S. House of Representatives includes policies which NEMA promoted. The legislation provides new policies to promote energy efficiency and extends tax incentives for the deployment of energy-efficient technologies and products. NEMA-advocated provisions include extension of the energy-efficient commercial buildings tax deduction through 2013 and a seven-year depreciation for advanced electricity metering; new energy-efficiency standards for light bulbs, metal halide lighting fixtures, electric motors, and external power supplies; and energy building codes; policies to support commercial high-performance, green buildings; policies to support research, development, and demonstration of Smart Grid technologies; and making permanent the energy savings performance contract, and requirements for energy-efficient lighting systems in federal buildings.
Earlier this year, lamp manufacturers represented in NEMA announced an industry commitment to transform the market to more energy-efficient lighting. A component of that commitment was the establishment of national energy efficiency standards for light bulbs that were technology-neutral and performance-based, the organization says, adding that Section 321 of HR 6, passed by the House of Representatives on December 6, 2007, meets that test. This uniform national standard will provide the certainty needed for an orderly, and phased transition, and will provide consumers with a mix of energy-efficient light bulbs to meet varied lighting needs, NEMA says.
NEMA also encouraged the Senate to reconcile differences and get the energy legislation to the president’s desk.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey