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Change, growth inside NAM

The National Association of Manufacturers has been shoring up its resources in the past year, adding revenue, new hires and shifting its internal leadership in the midst of significant turnover inside the trade group. The association increased revenue to $40.6 million in 2006, up 31 percent from $31 million in 2005, according to the association’s latest IRS tax filings, released in mid-September. Membership dues and assessments are also up 6 percent. Compensation for top NAM officers and key staff rose 33 percent, according to tax records, while salaries and wages for the bulk of the trade group’s staff hovered at $11.6 million, nearly equal to the year before. NAM CEO… Read More