MT Magazine September/October 2023

MANUFACTURING MATTERS

THE ENERGY ISSUE

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ADVOCACY

Regulations From the Biden Agenda Manufacturers are grappling with an onslaught of new and proposed regulations as the Biden administration seeks to advance its environment, trade, and social justice agenda. From toxic substances, such as PFAS and PIP (3:1), to labor rules, including overtime pay, to export controls of critical and emerging technologies, AMT is following developments to ascertain the impact on our members. It helps to share your stories of how a particular rule or regulation positively or negatively affects your business with your elected officials and with AMT at athomas@AMTonline.org. That data can persuade a regulatory agency that the cost is too great. In Congress, the REINS Act is a bill that would require any executive branch rule or regulation with an annual economic impact of $100 million or more to be designated as a “major rule” to come before Congress for an up-or-down vote before being enacted.

INTERNATIONAL

Sustainability Circles the Globe The concept of sustainability is important when selling manufacturing technology internationally, particularly in Europe. The European market, more than most, places a strong emphasis on environmental responsibility, demanding eco-friendly solutions that reduce carbon footprints and resource consumption. Offering a product or service that facilitates adapting to these practices not only aligns with the local regulations and mindset but also enhances a company’s reputation and branding. Sustainability-driven technologies generally lead to cost savings in the long run, which is a sales pitch in any language. Energy efficient and waste-reducing systems translate into lower operating expenses and increased profitability for factories. Moreover, many European countries offer incentives and grants to businesses promoting sustainable manufacturing, creating additional financial benefits.

Sustainability is a prerequisite for future-proofing manufacturing businesses in a world increasingly focused on climate change and reduced environmental impact. If you have something to offer, let us know so we can help you penetrate the markets.

The Manufacturing Technology Series 2023 will bring

the most important manufacturing technology events in the U.S. in 2023.

Feb. 21-23, 2023 Houston, TX

May 16-18, 2023

Oct. 24-26, 2023 Greenville, SC

Nov. 7-9, 2023 Long Beach, CA

Visit mtseries.com to learn more.

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