President Obama Launches Advanced Manufacturing Partnership

Today, at Carnegie Mellon University, the President launched the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry, universities, and the federal government to invest in the emerging technologies that will create high quality manufacturing jobs and enhance our global competitiveness.  Investing in technologies, such as information technology, biotechnology, and nanotechnology, will support the creation of good jobs by helping U.S. manufacturers reduce costs, improve quality, and accelerate product development.

The President’s plan, which leverages existing programs and proposals, will invest more than $500 million to jumpstart this effort. The President believes that even as we live within our means, we must invest to win the future. Investments will be made in the following key areas: building domestic manufacturing capabilities in critical national security industries; reducing the time needed to make advanced materials used in manufacturing products; establishing U.S. leadership in next-generation robotics; increasing the energy efficiency of manufacturing processes; and developing new technologies that will dramatically reduce the time required to design, build, and test manufactured goods. Leading universities and companies will compliment these federal efforts helping to invent, deploy and scale these cutting-edge technologies.