In honor of National Manufacturing Day, U.S. Commerce Secretary Penny Pritzker issued a statement praising the establishment of the National Network for Manufacturing Innovation Institute (NNMI):
“I applaud President Obama’s announcement of a competition to award more than $200 million in public and private investment to create a new National Network for Manufacturing and Innovation Institute. These institutes are designed to foster pre-competitive collaboration among manufacturers, academics and non-profits in cutting-edge technologies. NNMI is about keeping America in the front-lines of discovery, and keeping our manufacturers, our businesses and our economy globally competitive. We will continue working to support this kind of American innovation that boosts our economy and creates new growth in industries and jobs.”
At Northwestern University, President Obama said, “With dedicated, persistent efforts, we have been laying the cornerstone of this new foundation for growth and prosperity. The first cornerstone is new investments in energy and technologies that make America the magnet for good, middle-class jobs.”
The project will offer $200 million for manufacturing projects. The President traveled across the country in honor of National Manufacturing Day, the largest of its kind in three years, touring factories. Since 2010, the government has been investing in manufacturing and has added 700, 000 new jobs. The investments have been in research, development and training.