Report to President Outlines Approaches to Spur Domestic Manufacturing Investment and Innovation
The White House
Office of the Press Secretary
Final Recommendations of Advanced Manufacturing Partnership Steering Committee
WASHINGTON, DC – A new report released today by the President’s Council of Advisors on Science and Technology (PCAST) urges efforts to build on progress to date on improving domestic manufacturing competitiveness and encouraging companies to invest in the United States. The PCAST report is a product of its Advanced Manufacturing Partnership Steering Committee, whose membership includes leading manufacturing experts from industry and academia and is co-chaired by Andrew Liveris, President, Chairman, and CEO of Dow Chemical, and Susan Hockfield—who until this month was President of the Massachusetts Institute of Technology.
“Right now we have a real opportunity to bring manufacturing back, and we need to seize it together. That’s why I launched the Advanced Manufacturing Partnership – to make it easier for business, academia, and government to pull in the same direction and put more Americans back to work,” said President Obama.
The President believes that a strong U.S. manufacturing sector is a key element to achieving a strong middle class and an economy built to last. The President believes that to grow the economy and create jobs, America needs to make things the rest of the world wants to buy. The Advanced Manufacturing Partnership (AMP) was created by the President with the recognition that industry, academia, and government must work in partnership to revitalize our manufacturing sector. The new report, Capturing Domestic Competitive Advantage in Advanced Manufacturing, calls for sustaining the investments in advanced science and technology that produced America’s innovation economy in the first place; establishing a National Network of Manufacturing Innovation Institutes—a set of public-private partnerships that will together to create a nationwide “innovation ecosystem”; filling the skills gap in advanced manufacturing by upgrading community college workforce training programs and tapping into the talent pool of returning veterans; and encouraging investment through tax, regulatory, energy, and trade policies to level the global playing field for U.S. manufacturers.
PCAST, co-chaired by John P. Holdren, science and technology advisor to the President and Director of the
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Posted by RobertButler
on Jul 17 2012. Filed under Barack Obama.
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