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NAM Says Patent Reform Bill is key to jobs, competitiveness.

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September 9, 2011 - NAM Senior VP for Policy and Government Relations Aric Newhouse issued statement on H.R. 1249, America Invents Act. He called Senate vote "important for jobs and manufacturing competitiveness in the United States" and said that intellectual property "is the lifeblood of manufacturing." Citing current backlog of patent applications and consequential delays in manufacturing, Newhouse said that this legislation will provide necessary resources to expedite examination and sustain patent system.

Manufacturers: Patent Reform Bill Key to Jobs and Competitiveness


(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

National Association Of Manufacturers (NAM)
1331 Pennsylvania Ave. N.W.
Washington, DC, 20004
USA



Press release date: September 8, 2011

Reforms Will Add Important Resources to Protect Jobs and Manufacturers

Washington, D.C. - National Association of Manufacturers (NAM) Senior Vice President for Policy and Government Relations Aric Newhouse issued this statement today on H.R. 1249, the America Invents Act:

"Today's vote in the Senate is important for jobs and manufacturing competitiveness in the United States. Intellectual property is the lifeblood of manufacturing, and it is absolutely essential that manufacturers have the necessary protections for their inventions to encourage jobs and economic growth.

The current backlog of patent applications causes delays for manufacturers working to bring innovative products to the marketplace before their competitors overseas. This hurts our global competitiveness. This legislation makes reforms that will give the U.S. Patent and Trademark Office the resources necessary to expedite examination and inventors the tools necessary to ensure our patent system remains the best in the world.

These are the first major reforms to the patent system in nearly 60 years. Over the decades, manufacturing has evolved and modernized. Now it's time to update the system to keep up with manufacturers. We urge swift passage in the Senate and look forward to the President signing the bill as soon as possible."

-NAM- The National Association of Manufacturers is the largest manufacturing association in the United States, representing manufacturers in every industrial sector and in all 50 states. Manufacturing has a presence in every single congressional district providing good, high-paying jobs. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.
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