Following on the coattails of the Youngstown, Ohio,
manufacturing hub, President Obama announced three more
public-private manufacturing institutes – in North Carolina, Chicago and Detroit – to focus on advancing
manufacturing in the U.S. Each of these hubs is modeled after
Youngstown and brings together businesses, non-profits, academia
and related organizations to focus on creating new jobs,
identifying new technologies and making manufacturing a top
priority in the U.S. With federal funding and matching private
financial commitments, getting established on the ground floor of
these hubs will be beneficial to both companies and communities in
which they are located.
We see the potential for these technology hubs to define the
most promising manufacturing technology corridors for the next
decade. We expect that those corridors will be the drivers of
federal financial support of innovative technology.
