REGIONAL MANUFACTURING HUBS: A MODERN INDUSTRIAL
REVOLUTION
Anna Coldwell, CPA
President Obama is planning to launch a national network of up
to 45 regional manufacturing innovation centers — or
"hubs" — over the next ten years with the support
of Congress. This blog takes a look at the first four regional
pilot facilities and how the hubs are intended to work. It explains
how, in addition to setting new production standards, each hub will
serve as a "teaching factory."
Manufacturing is the heart of America. It accounts for about 12%
of U.S. gross domestic product and one in six private-sector jobs,
according to the National Network for Manufacturing Innovation
(NNMI).
President Obama believes that investing in
industrially-relevant, advanced manufacturing technologies is the
key to U.S. economic recovery and ongoing prosperity. Therefore, he
is planning to launch a national network of up to 45 regional
manufacturing innovation centers — or "hubs"
— over the
