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Monday, October 27, 2014 3:41:52 PM
FACT SHEET: President Obama Announces New Actions to Further Strengthen U.S. Manufacturing
U.S. manufacturing is central to the foundation of our economy, and the U.S. manufacturing sector is as competitive as it has been in decades for new jobs and investment. Since February 2010, U.S. manufacturing has added more than 700,000 jobs, the fastest pace of job growth since the 1990s.
Today, to continue to build on this momentum, the President will unveil new executive actions to strengthen U.S. advanced manufacturing, spur innovation, and continue to take steps to make the U.S. a magnet for new jobs and investment. At an event this afternoon, the President will thank the Advanced Manufacturing Partnership (AMP) Steering Committee, a working group of the President’s Council of Advisors in Science and Technology, for their efforts to develop advanced manufacturing across the U.S. The final AMP, Accelerating U.S. Advanced Manufacturing, is now available.
In response to an earlier report of the Advanced Manufacturing Partnership, which began in June 2011, the President has already launched four manufacturing innovation institutes with four more on the way; invested nearly $1 billion to upgrade our community colleges to train workers for advanced manufacturing jobs; expanded investments in applied research for emerging, cross-cutting manufacturing technologies; and launched a new initiative to deploy the talent of returning veterans to in-demand jobs, including in advanced manufacturing.
The final AMP report makes recommendations addressing three key pillars that support American manufacturing: 1) enabling innovation, 2) securing the talent pipeline, and 3) improving the business climate. The executive actions announced today align with the report’s recommendations by making investments in emerging, cross-cutting manufacturing technologies, training our workforce with the skills for middle-class jobs in manufacturing, and equipping small manufacturers to adopt cutting-edge technologies.
New Executive Actions to Strengthen Advanced Manufacturing in America
Enabling Innovation:
Investing More than $300 Million in Emerging Manufacturing Technologies Critical for U.S. Competitiveness:
Securing the Talent Pipeline:
Expanding Effective Workforce Development Strategies through the $100 Million American Apprenticeships grant competition:
Improving the Business Climate:
As an initial investment, NIST MEP is launching a $130 million pilot competition in ten states to give centers the flexibility to adopt supply chain innovation tools and build enhanced capabilities over five years.
Chaired by Andrew Liveris, President, Chairman, and CEO of the Dow Chemical Company, and Rafael Reif, President of the Massachusetts Institute of Technology, the AMP Steering Committee includes:
Wes Bush, Chairman, CEO and President, Northrop Grumman Corp.
Mark Schlissel, President, The University of Michigan
David Cote, Chairman and CEO, Honeywell
Nicholas Dirks, Chancellor, University of California, Berkeley
Kenneth Ender, President, Harper College
Leo Gerard, International President, United Steelworkers
Hon. Shirley Ann Jackson, President, Rensselaer Polytechnic Institute
Eric Kelly, President and CEO, Overland Storage
Klaus Kleinfeld, Chairman and CEO, Alcoa Inc.
Andrew Liveris, President, Chairman, and CEO, The Dow Chemical Company
Ajit Manocha, Senior Advisor, GLOBALFOUNDRIES
Douglas Oberhelman, Chairman and CEO, Caterpillar Inc.
Annette Parker, President, South Central College
G.P. “Bud” Peterson, President, Georgia Tech
Luis Proenza, President, The University of Akron
Rafael Reif, President, Massachusetts Institute of Technology
Eric Spiegel, President and CEO, Siemens Corp.
Mike Splinter, Executive Chairman of the Board, Applied Materials Inc.
Christie Wong Barrett, CEO, Mac Arthur Corp.
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