ElectroCraft's Mike Karsonovich Named to Manufacturers Association Board of Directors

FOR IMMEDIATE RELEASE

Washington, D.C. (November 17, 2017) — The National Association of Manufacturers (NAM) announced that Mike Karsonovich, president and CEO of ElectroCraft, Inc., has been named to the NAM Board of Directors. Karsonovich will join the NAM Board to advance a manufacturing policy agenda that promotes growth and prosperity for all Americans.

Founded in 1895, the NAM, guided by its Board of Directors, is the largest industrial trade association in the United States with more than 14,000 members and is the nation's most influential advocate for manufacturing. The NAM's membership includes some of the world's most iconic brands and many of the small manufacturers that power the U.S. economy. More than 90 percent of our members are small and medium-sized businesses.

The NAM is at the forefront of every important policy debate for manufacturers. Executives on the NAM Board, which comprises leaders representing companies of all sizes in every industrial sector, are the driving force behind the NAM's advocacy efforts.

"I am truly honored to be a part of the NAM Board and to continue the fight for policies that will ensure our continued growth and success as manufacturers," said Karsonovich. "Washington, D.C., needs to understand that its policies impact the families of the more than 12 million men and women employed in manufacturing in the United States. I look forward to sharing ElecroCraft's story and my experiences—as well as the stories of all manufacturers—to strengthen our economy and create more opportunities for working families."

"Mike is a true leader in our industry, and he will bring valuable insights to the NAM Board of Directors," said NAM President and CEO Jay Timmons. "Mike knows what it takes to succeed in a changing global economy and the kinds of solutions, such as bold, comprehensive tax reform, we need to see from our elected leaders. With his voice and leadership, the NAM will be an even more effective advocate for our more than 14,000 members and for the industry that is the backbone of our country."

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ElectroCraft, Inc. is a global provider of fractional horsepower motor and motion control solutions for both industrial and commercial applications. The company specializes in dependable, application-engineered specialty products by utilizing its lean business philosophy to consistently meet the needs of its customers worldwide. The company's products are found in pumps, office equipment, medical devices, aircraft and thousands of other applications. ElectroCraft is headquartered in Dover, New Hampshire with operations in the United States, Europe, and Asia.

The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.17 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

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