WASHINGTON — Throughout this week, the Obama Administration will highlight America’s capacity for creativity and invention and how our innovative progress over the last seven and a half years has helped continue to make our economy the strongest and most durable in the world.
As part of this effort, at the third-annual SelectUSA Summit in Washington, DC, before an audience of business leaders, economic development officials, and investors from around the world, President Obama will announce that the Smart Manufacturing Leadership Coalition (SMLC) will lead the new Smart Manufacturing Innovation Institute, in partnership with the Department of Energy.
The winning coalition, headquartered in Los Angeles, brings together a consortium of nearly 200 partners from across academia, industry, and non-profits—hailing from more than thirty states—to spur advances in smart sensors and digital process controls that can radically improve the efficiency of U.S. advanced manufacturing.
The Smart Manufacturing Innovation Institute is the ninth manufacturing hub awarded by the Obama Administration. Today, the president also announced the launch of five new manufacturing hub competitions, which will invest nearly $800 million in combined federal and non-federal resources to support transformative manufacturing technologies from collaborative robotics to biofabrication of cells and tissues, to revolutionizing the ways materials can be reused and recycled. With the new competitions underway, the administration is on track to meet the president’s goal of a National Network for Manufacturing Innovation (NNMI) of 15 institutes underway across the country before the end of his Administration.
After a decade of decline from 2000 to 2010, the U.S. manufacturing sector has added over 800,000 jobs since February 2010 and remains more competitive for jobs and investment today compared to recent decades. And just last month, a new survey of CEOs from around the world declared the United States the most attractive country for investment for the fourth year in a row.
To see the full list of new Manufacturing Innovation Institute awards and competitions, click here.