Connect with us

Hi, what are you looking for?

Jewish Business News


US Commerce Secretary Penny Pritzker Praises New Manufacturing Institute

Penny-Pritzker+Obama 640x360

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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The contract signed between the Israeli government and Pfizer shows clearly and unequivocally that this is a clinical study on humans - The agreement...


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...


Now Platika joins and elite club of $10 billion plus Israeli firms.