President Obama announces $500-million investment in Advanced Manufacturing Partnership

Pittsburgh, June 24, 2011—Today, at Carnegie Mellon University, President Obama launched the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry, universities, and the federal government to invest in the emerging technologies that will create high quality manufacturing jobs and enhance our global competitiveness. Investing in technologies, such as information technology, biotechnology, and nanotechnology, will support the creation of good jobs by helping U.S. manufacturers reduce costs, improve quality, and accelerate product development.

The President’s plan, which leverages existing programs and proposals, will invest more than $500 million to jumpstart this effort.

“Today, I’m calling for all of us to come together- private sector industry, universities, and the government- to spark a renaissance in American manufacturing and help our manufacturers develop the cutting-edge tools they need to compete with anyone in the world,” said President Obama. “With these key investments, we can ensure that the United States remains a nation that ‘invents it here and manufactures it here’ and creates high-quality, good paying jobs for American workers.” (Read more…)

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  • Obama announces $500 million effort to boost high-tech manufacturing, AP via Cleveland Plain Dealer, June 24, 2011
    Pittsburgh—Imagining advances from lighter cars to smarter robots, President Barack Obama is announcing a $500 million project to spur high-technology manufacturing, a sector of U.S. industry that presidential advisers say has lost ground to such competitors as Germany and Japan.
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Posted by MAGNET Ohio in Advanced-Manufacturing, Economic-Issues-For-Mfgs, Growth, Innovation, Public-Private-Partnership, Regional-Manufacturing-News, Regulatory-Issues, Workforce-Development

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