Industry Market Trends
AMT Unveils Second Generation Manufacturing Mandate
August 31, 2012
Following the Obama administration's announcement of a public-private partnership for manufacturing innovation, the Association for Manufacturing Technology has issued an update to its Manufacturing Mandate, stressing the importance of a national manufacturing strategy. In the wake of the global recession, the manufacturing sector emerged as one of the main drivers of United States economic growth, with productivity, sales and job creation forming the key pillars of recovery. But sustaining this expansion requires a concerted effort on the part of business and political leaders to formulate a nationwide manufacturing strategy that will continue to revitalize U.S. industry. In 2009, the Association for Manufacturing Technology (AMT) developed the Manufacturing Mandate, which aligned the perspectives of policymakers, industry experts and academics around the core principles of boosting research and development, improving innovation, increasing global competitiveness and developing a smart, skilled workforce to propel manufacturing growth. Now, AMT is issuing an updated Manufacturing Mandate to emphasize the importance of collaboration in establishing a dedicated national strategy that will guide and strengthen the manufacturing sector. The organization cites a recent White House initiative to form a public-private partnership for boosting education and R&D in manufacturing production: The National Additive Manufacturing Innovation Institute (NAMII), based in Youngstown, Ohio. "This institute will help make sure that the manufacturing jobs of tomorrow take root not in places like China or India, but right here in the United States of America," President Barack Obama noted. "That's how we'll put more people back to work and build an economy that lasts." NAMII will be supported by $30 million in federal funding, matched by $40 million from a consortium that includes 40 manufacturing firms, nine research universities, five community colleges, and 11 non-profit organizations from the Ohio-Pennsylvania-West Virginia "Tech Belt." "AMT will continue to invest significant resources in a secure future for manufacturing in this country," Douglas K. Woods, president of AMT, said in an announcement of the update. "There is still much work to be done, but this type of support from the federal government is precisely the type of project the Manufacturing Mandate recommends. It certainly bodes well for America's future as the world's manufacturing innovator."