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Manufacturers to President-Elect: We Are the Solution

NAM Brings Business Leaders Together to Help Heal the Nation

 

Washington, D.C., November 9, 2016 – Following the election of Donald Trump as the 45th president of the United States, the National Association of Manufacturers (NAM) released a letter from more than 1,100 manufacturing and business leaders pledging to help bring the country together after a divisive election. NAM President and CEO Jay Timmons also pledged manufacturers’ efforts to find ways to work with the president-elect and the 115th Congress on the pressing issues facing the country.

“Tonight marks the end of one of the most contentious elections in our nation’s history. While many are celebrating tonight, others are disappointed—some with the results, some with the process. It’s time for healing, and that work must begin now,” said Timmons.

“Manufacturing and business leaders from across the country have pledged to rebuild trust in our democratic and economic institutions so that we can ensure our exceptional country offers abundant opportunity to all.

“Regardless of political party affiliation, the president of the United States deserves the respect of all Americans, and for the sake of our country, manufacturers want our next president to stand tall on the world stage and stand up for America’s entrepreneurs. We will do our part, sharing our ideas and our expertise with President-elect Trump and the 115th Congress to lead by example and set a productive tone for this next chapter in our nation’s history. At the same time, we will celebrate and defend the values that make our nation great; chief among those are free enterprise, competitiveness, individual liberty and equal opportunity. Manufacturers expect our newly elected leaders to worry less about the powerful political extremes and concern themselves solely with solutions that will lift all Americans up and leave no one behind. These solutions, which the NAM will lay out in detail over the next several weeks, must be the focus of our policymakers if we truly want to see widespread growth and prosperity in this country.

“This election makes clear that Americans agree that manufacturing is the nation’s priority. They want our industry to lead the world and create more jobs. They know that when manufacturing is strong, America is strong. It will be up to us to channel that enthusiasm towards the right policies.”

Signatures for the letter, and these important commitments from business leaders, were gathered over a period of nearly two weeks, well before the results of the election were known. The effort was initiated by Timmons; Tenneco Inc. Chairman and CEO and NAM Board Chair Gregg Sherrill; and Emerson Chairman and CEO and NAM Board Chair-elect David Farr.

- See more at: http://www.nam.org/Newsroom/Press-Releases/2016/11/Manufacturers-to-President-Elect--We-Are-the-Solution/#sthash.8g8UfZqY.dpuf

Manufacturers to President-Elect: We Are the Solution

NAM Brings Business Leaders Together to Help Heal the Nation

 

Washington, D.C., November 9, 2016 – Following the election of Donald Trump as the 45th president of the United States, the National Association of Manufacturers (NAM) released a letter from more than 1,100 manufacturing and business leaders pledging to help bring the country together after a divisive election. NAM President and CEO Jay Timmons also pledged manufacturers’ efforts to find ways to work with the president-elect and the 115th Congress on the pressing issues facing the country.

“Tonight marks the end of one of the most contentious elections in our nation’s history. While many are celebrating tonight, others are disappointed—some with the results, some with the process. It’s time for healing, and that work must begin now,” said Timmons.

“Manufacturing and business leaders from across the country have pledged to rebuild trust in our democratic and economic institutions so that we can ensure our exceptional country offers abundant opportunity to all.

“Regardless of political party affiliation, the president of the United States deserves the respect of all Americans, and for the sake of our country, manufacturers want our next president to stand tall on the world stage and stand up for America’s entrepreneurs. We will do our part, sharing our ideas and our expertise with President-elect Trump and the 115th Congress to lead by example and set a productive tone for this next chapter in our nation’s history. At the same time, we will celebrate and defend the values that make our nation great; chief among those are free enterprise, competitiveness, individual liberty and equal opportunity. Manufacturers expect our newly elected leaders to worry less about the powerful political extremes and concern themselves solely with solutions that will lift all Americans up and leave no one behind. These solutions, which the NAM will lay out in detail over the next several weeks, must be the focus of our policymakers if we truly want to see widespread growth and prosperity in this country.

“This election makes clear that Americans agree that manufacturing is the nation’s priority. They want our industry to lead the world and create more jobs. They know that when manufacturing is strong, America is strong. It will be up to us to channel that enthusiasm towards the right policies.”

Signatures for the letter, and these important commitments from business leaders, were gathered over a period of nearly two weeks, well before the results of the election were known. The effort was initiated by Timmons; Tenneco Inc. Chairman and CEO and NAM Board Chair Gregg Sherrill; and Emerson Chairman and CEO and NAM Board Chair-elect David Farr.

- See more at: http://www.nam.org/Newsroom/Press-Releases/2016/11/Manufacturers-to-President-Elect--We-Are-the-Solution/#sthash.8g8UfZqY.dpuf

Recycle Batteries from Retired Electric Vehicles

December 12, 2016

Recycling, rather than reuse, is likely to be the more attractive option for up to 65 GWh of second-life batteries poised to enter the market in 2035 with the retirement of the first generation of plug-in vehicles.

Reuse of batteries from electric vehicles will deliver questionable returns on account of reduced performance, limiting them to application with less frequent and shallower depth of discharge cycles.

An oversized 11.2 kWh residential system from second-life batteries will cost just over $4,600, compared with nearly $6,000 for a new 7 kWh system. However, reduced round-trip efficiency and cycle life make residential units and other daily cycling applications a poor fit compared to some others.

“With present technology, recycling old batteries for new materials is the more economical option for creating the most value from existing materials,” said Christopher Robinson, Lux Research Associate and lead author of the report titled, “Reuse or Recycle: The Billion-Dollar Battery Question.”

“That said, innovations in areas like packaging and testing could tip the balance in the future, so companies should have plans for both recycling and reuse,” he added.

Lux Research analysts evaluated the technology landscape for recycling batteries and identified potential applications for second-life batteries.

Among their findings:

Recycling technologies are varied. Of all the recycling technologies, pyrometallurgical processing, or smelting, is the most mature and can recover key metallic elements. Mechanical processing can recover valuable cathode materials directly, and hydrometallurgical processing can be lower cost.

Tesla backs recycling. Automakers are choosing a wide array of applications for reuse of batteries. BMW and Nissan are commercializing residential storage products, while Daimler has started operating a large 13 MWh system. Tesla, on the other hand, pursues recycling as its NCA cathodes are not suitable for most stationary storage needs.

Reuse options are limited. Second-life batteries offer only limited cost savings, especially as new cell prices continue to fall. Still, with more efficient testing, sorting, and repackaging, second-life systems could be made more competitive for applications like demand response and backup power.

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