The National Association of Manufacturers (NAM) has elected Dow chair and CEO Jim Fitterling as NAM board chair and Johnson & Johnson executive vice president and chief global supply chain officer Kathy Wengel as vice chair.
“[Fitterling and Wengel] have well-earned reputations as respected and visionary leaders of renowned global brands. We have many challenges to confront, and they will ensure our industry continues to lead our recovery and leverage new innovations to raise standards of living in America and around the world,” NAM president and CEO Jay Timmons says.
The NAM board of directors, which includes more than 200 manufacturing leaders, guides the association’s leadership in policy advocacy, workforce solutions, legal action, operational excellence, and news and insights.
By Jameson Croteau
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).