Free market creates an amazing new technology, government tries taking it over and claiming it as it’s own. I’m sure we’ll hear how this was government created over the next few years even though it obviously was not.
Following through on our We Can’t Wait efforts, the Obama Administration today announced the launch of a new public-private institute for manufacturing innovation in Youngstown, Ohio as part of its ongoing efforts to help revitalize American manufacturing and encourage companies to invest in the United States. This new partnership, the National Additive Manufacturing Innovation Institute (NAMII), was selected through a competitive process, led by the Department of Defense, to award an initial $30 million in federal funding, matched by $40 million from the winning consortium, which includes manufacturing firms, universities, community colleges, and non-profit organizations from the Ohio-Pennsylvania-West Virginia ‘Tech Belt.’
In order to create an economy built to last, America needs to make more things the rest of the world wants to buy. After losing millions of good manufacturing jobs in the years before and during the deep recession, the economy has added over 530,000 manufacturing jobs since February 2010 —the strongest growth for any 30 month period since 1989.Companies are also increasingly choosing to invest in the U.S. and bring jobs back. While there’s more work to be done, steps like today’s announcement build on this momentum.
“I’m pleased that we are taking steps to strengthen American manufacturing by launching a new manufacturing institute in Ohio,” said President Obama. “This institute will help make sure that the manufacturing jobs of tomorrow take root not in places like China or India, but right here in the United States of America. That’s how we’ll put more people back to work and build an economy that lasts.”
On March 9, 2012, President Obama announced his plan to invest $1 billion to catalyze a national network of up to 15 manufacturing innovation institutes around the country that would serve as regional hubs of manufacturing excellence that will help to make our manufacturers more competitive and encourage investment in the United States. The President called on Congress to act on this proposal and create the National Network of Manufacturing Innovation (NNMI).
As part of his Administration’s We Can’t Wait initiative, President Obama also announced immediate steps to launch a pilot institute to serve as a proof-of concept for the NNMI. Five federal agencies – the Departments of Defense, Energy, and Commerce, the National Science Foundation, and NASA – jointly committed to invest $45 million in a pilot institute on additive manufacturing. Today’s announcement of an initial $30 million award under existing authorities is matched by $40 million from the winning consortium.