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Industry Updates

NAM, Business Roundtable Team Up to Address Medical Equipment Shortages

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The National Association of Manufacturers (NAM) and Business Roundtable are teaming up to strengthen the business community’s response to the critical shortage of supplies facing the nation’s medical community because of COVID-19.

The partnership brings together the strength of the U.S. business and manufacturing communities to help those on the front lines of the pandemic. Leading the effort as co-chairs are NAM President and CEO Jay Timmons, whose association represents more than 12.8 million men and women who work in U.S. manufacturing, and Business Roundtable President and CEO Joshua Bolten, whose association leads companies with more than 15 million employees and $7.5 trillion in revenues.

NAM and Business Roundtable will help consolidate efforts across industry sectors in the United States and report the data to the federal government. The associations are encouraging their members to share information on medical supplies and equipment, including personal protective equipment and test kits, through a co-developed online survey. The data will capture existing supplies as well as where new manufacturing capacity can be tapped to address shortages nationwide.

Upon announcement of the partnership, U.S. Vice President Mike Pence commended the two groups for mobilizing “to find innovative solutions for the challenges ahead of us.”

Bolten said the country can address the current shortages of critical medical supplies and equipment only through a concerted effort.

“Working with our members to identify excess inventories as well as additional manufacturing bandwidth is one way we can help those on the front lines of the fight against COVID-19,” he added. “Our goal is to keep all Americans healthier and safer.”

Timmons said manufacturers are mobilizing to help the nation overcome the crisis.

“By combining the NAM’s nationwide efforts with the work of Business Roundtable, we will be even more effective in our vital work,” he added. “We are coordinating directly with the administration and manufacturing leaders to identify existing equipment and ramp up production of urgently needed health supplies. America’s creators will respond to this challenge, just as we have throughout history. We are all in this together as we fight to keep our country healthy and strong.”

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