Manufacturing Week is a week-long celebration of modern manufacturing. GE Reports’ Perspectives invited Jay Timmons, president and CEO of the National Association of Manufacturers (NAM), to discuss some of the lesser know aspects of the sector, including higher-than-expected salaries and the “rewarding” nature of manufacturing careers.
“The other thing that I think would really surprise folks to know is that within the next 10 years we’re going to have about 3.5 million jobs in manufacturing that are available,” Timmons said.
Timmons also outlined the steps that will help American manufacturers compete globally and create jobs, including the need for tax reform, infrastructure upgrades and strong U.S. trade engagements.
NAM is the largest manufacturing association in the nation. It represents both small and large manufacturers in every industry sector in all 50 states. The manufacturing sector employs more than 12 million people in the U.S. and contributes $2.17 trillion to the American economy annually, according to the organization.
Watch Timmons discuss the sector below:
(Top photo by SpaceX on Unsplash.)