Guest blog post by Dr. Patrick Gallagher, NIST Director and Under Secretary of Commerce for Standards and Technology
The year’s end is a natural time to look back on past accomplishments. This year, we’re reflecting on 25 successful years of the National Institute of Standards and Technology’s Holling’s Manufacturing Extension Partnership (MEP). MEP is a public-private partnership that helps mostly small and mid-size manufacturers enhance productivity and technological performance, and strengthen their global competitiveness. Through a network of more than 400 centers in every state and Puerto Rico, about 1,300 MEP experts help make these businesses—and the U.S. economy—stronger.
Manufacturing in the U.S. has seen some significant changes during the past two and a half decades. Today’s manufacturing is robotics, 3-D printing, and nanotechnology. And today’s manufacturing produces everything from large-scale industrial equipment, to medical devices, to handcrafted, consumable products we use every day. Our latest data show that for every dollar spent in manufacturing, another $1.48 is aded to the economy – the highest multiplier of any sector. Manufacturing also supports good jobs—with starting salaries 38 percent higher than other sectors.
Innovation is crucial for ensuring the U.S. remains competitive in the global economy–and manufacturing is a key indicator of our nation’s innovative capacity. A recent MIT study points out that innovation occurs not only at the point of invention, but at every stage of product development and delivery, which is why it is so important that we help companies “Make it in America.” The Commerce Department’s recently unveiled “Open for Business Agenda” also prioritizes supporting American manufacturing at all stages of the product life cycle.