2022 Marcum National Manufacturing Survey Report

28

THE 2022 MARCUM NATIONAL MANUFACTURING SURVEY REPORT

SURVEY RESULTS (continued) 37| Are you taking advantage of the following tax incentives?

41| What do you anticipate will be your greatest challenges in 2022?

Securing and retaining skilled labor

83%

None of the above

25% 57% 57% 32% 50%

Succession planning

8% 8%

R&D tax credit

Workplace health and safety

Accelerated depreciation/cost segregation

Workforce training Healthcare costs

21% 29% 13% 21% 17% 33% 13% 13% 13%

Work Opportunity Tax Credit

State and Local Tax (SALT) credits

Lending/access to capital

38| How confident are you that you know how to leverage all potentialgrants and tax programs that could benefit your company?

Higher taxes

Increased regulatory environment Managing supply chain relationships Keeping up with technology/innovation

Very confident

18% 39% 18% 25%

Cybersecurity

Confident

Increased competition

Somewhat confident

Not confident

42| What are your top supply chain challenges? Meeting customer expectations

39| Do you expect or hope that your company will benefit from the 2021Infrastructure Investment and Jobs Act (IIJA)?

63% 71% 46% 46% 46%

On-time delivery Controlling costs

Production scheduling Raw material sourcing Others (please explain)

Yes

39% 61%

No

0%

40| Rank your company’s policy priorities for the new presidential administration:

43| How are you building your talent pipeline? Actively engaging with high schools, vocational schools or community colleges by hosting plant tours, internships, orsimilar activities for students Collaborating with local educational institutions for workforce training and recruitment

Increase tariffs Reduce tariffs Reduce taxes

0%

18% 54% 46% 32% 14% 50% 46% 7%

38%

Promote infrastructure investment

Promote immigration reform

33%

Improve trade relations with China Promote clean-energy options

Developing a formal, company-sponsored training or apprenticeship program

29%

Promote workforce training

Reshoring of manufacturing to the U.S.