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President Obama Announces Two New Public-Private Manufacturing Innovation Institutes and Launches the First of Four New Manufacturing Innovation Institute Competitions
A Detroit-area based consortium of 60 companies, nonprofits, and universities and a Chicago based consortium of 73 companies, nonprofits, and universities are partnering with the federal government to launch two new manufacturing innovation hubs. The first new manufacturing innovation institute competition this year is launching today, one of four the Administration has committed to launching this year.
Washington, D.C., Feb. 25, 2014 – The President today will announce new steps in partnership with the private sector to boost advanced manufacturing, strengthen our capabilities for defense, and attract the types of high-quality jobs that a growing middle class requires. First, the President will announce two new manufacturing innovation institutes led by the Department of Defense supported by a $140 million Federal commitment combined with more than $140 million in non-federal resources: (1) Detroit-area headquartered consortium of businesses and universities, with a focus on lightweight and modern metals manufacturing; (2) Chicago headquartered consortium of businesses and universities that will concentrate on digital manufacturing and design technologies.
Second, the President will also launch a competition for a new manufacturing innovation institute to build U.S. strength in manufacturing advanced composites, the first of four new competitions to be launched this year.