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Industry News
Landmark Tax Bill Ushers in a Pro-Manufacturing Code

What’s Happening: On July 4, President Trump signed the One Big Beautiful Bill Act (H.R. 1) into law, establishing a permanent, pro-growth tax code tailored to support U.S. manufacturing. The bill reflects years of advocacy by the NAM and CMA partners and delivers on key policy priorities for the industry. Leading up to passage, more than 300 manufacturing leaders from across the country, including many association partners, signed onto a letter urging Congress to act immediately to pass historic tax legislation that will enable manufacturers in America to thrive. From the Tax Trifecta to new factory investment incentives, the bill is a sweeping win for manufacturers and the American people.
