How Manufacturing Is Impacted by the CARES Act

Coronavirus Aid, Relief and Economic Security Act: Manufacturing Impacts

On Friday, March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act), a $2 trillion stimulus package intended to help mitigate the economic devastation caused by the novel coronavirus (COVID-19).

The stimulus is good news for manufacturers, many of whom are struggling given the current economic circumstances and stand to benefit financially from the package. However, the CARES Act also includes restrictions and responsibilities that manufacturers need to be aware of, especially manufacturers that produce supplies related to the healthcare industry, including ventilators, products like Personal Protective Equipment (PPE) and hand sanitizer, and medication.

We’ve summarized some of the key portions of the CARES Act for manufacturers.


Click below to read MFA’s whitepaper, Coronavirus Aid, Relief and Economic Security Act: Manufacturing Impacts.

Read the Whitepaper

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