Obama to announce two more manufacturing institutes
02/24/2014 1:22 PM
02/24/2014 1:57 PM
President Barack Obama on Tuesday will announce new proposals that are designed to boost manufacturing and create jobs working at the White House.
Obama will unveil a pair of new manufacturing innovation institutes led by the Department of Defense that will be supported by $140 million in federal dollars and $140 million in non-federal money.
An institute in Detroit will focus on lightweight and modern metals manufacturing while an institute in Chicago will concentrate on digital manufacturing and design technologies.
In his 2013 State of the Union, Obama pledged to establish three manufacturing institutes from existing resources.
In May, the administration launched competitions for a trio of institutes with a federal commitment of $200 million across five agencies – the Departments of Defense, Energy, Commerce, NASA, and the National Science Foundation. In January, the first of these three institutes was announced in Raleigh, N.C.
Obama wants a full national network of up to 45 manufacturing innovation institutes, which will require legislation from Congress.
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