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Blog Category: Investing in Manufacturing Communities Partnership

After State of the Union Secretary Lew Highlights Importance of U.S. Manufacturing and Workforce Training

Secretary Lew speaks to Virginia State University interns and research faculty during his visit to the Commonwealth Center for Advanced Manufacturing in Prince George County, Virginia

Guest blog post by Marissa Hopkins Secreto, Senior Advisor to the Assistant Secretary of Public Affairs at the United States Department of the Treasury and Angie Martinez, Director Office of External Affairs at the U.S. Department of Commerce, Economic Development Administration.

Crossposted from Treasury Notes.

As part of President Obama’s call for creating more high-tech manufacturing jobs in his State of the Union Address last week, Treasury Secretary Jacob J. Lew visited the Commonwealth Center for Advanced Manufacturing (CCAM) in Prince George County, Virginia, on Friday. Secretary Lew toured CCAM’s facility and discussed the future of U.S. manufacturing and the importance of workforce training with CCAM’s business and university partners, as well as Matt Erskine, Deputy Assistant Secretary of Commerce for Economic Development.

“To build on the progress we have made over the last five years, we have to continue to take action to help strengthen economic growth, create jobs, and restore opportunity for all,” Secretary Lew said in statement about his visit.  “CCAM is at the forefront of expanding opportunity by bringing researchers, students, and business together to drive innovation and develop advanced manufacturing technologies.  It is also a powerful example of why this Administration’s focus on increasing job training, modernizing our education system, and creating manufacturing institutes is so important."
 
CCAM is changing the game for how we can grow manufacturing in the U.S. Their approach bridges the gap between fundamental research typically performed at universities and product development routinely performed by companies. CCAM’s members guide the research, leveraging talent and resources within CCAM and at Virginia’s top universities, through a collaborative model that enables them to pool R&D efforts to increase efficiencies. Results can then be applied directly to the factory floor, turning ideas into jobs faster and more affordably than ever before.  CCAM is just one example of the federal government’s efforts to connect universities to businesses and strengthen American manufacturing and our economy through these partnerships.

Secretary Pritzker Announces Administration-Wide Initiative to Attract Manufacturing and Investment in American Communities

Secretary Penny Pritzker announced the launch of Phase 2 of the “Investing in Manufacturing Communities Partnership” (IMCP), an administration-wide initiative led by the White House and the U.S. Department of Commerce that will encourage communities to devise comprehensive economic development strategies that strengthen their competitive edge in attracting global manufacturers and their supply chains.

Pritzker announced the initiative during her opening remarks at the White House Mayor’s Manufacturing Community Summit. During this phase, communities will have an opportunity to compete for a special designation that will elevate them in consideration for $1.3 billion in federal dollars and assistance from 10 cabinet departments/agencies. These communities could also potentially receive catalytic additional federal investments to further support their economic development strategies.

The IMCP is a critical component of the Department of Commerce’s “Open for Business Agenda,” which prioritizes trade and investment. The initiative seeks to enhance the way we leverage federal economic development funds to encourage American communities to focus not only on attracting individual investments one at a time, but transforming themselves into globally-competitive manufacturing hubs.

During Phase One, 44 communities were awarded a total of $7 million to support the creation of economic development strategies that recognize the community’s comparative advantages as a place to do business, invest in public goods, and encourage collaboration between multiple entities to expand the area’s commercial appeal to investors.

Deputy Secretary Blank Highlights "Investing in Manufacturing Communities Partnership" Initiative

Deputy Secretary Blank Highlights "Investing in Manufacturing Communities Partnership" Initiative at Hexcel Corporation

Deputy Secretary of Commerce Rebecca Blank today highlighted the newly-announced “Investing in Manufacturing Communities Partnership,” an Obama Administration initiative that will help accelerate the resurgence of manufacturing and create jobs in cities across the country.

This effort rewards communities that demonstrate their plans to attract and expand manufacturing in their area, using targeted investments in workforce training, infrastructure, research, and other key assets.

Deputy Secretary Blank unveiled the initiative this week and visited Hexcel Corporation today, which is located in an area of Utah that has leveraged the resources of the public sector, private firms, and educational institutions to achieve a successful model of economic development that the Investing in Manufacturing Communities Partnership encourages. During her visit, Deputy Secretary Blank took a tour of Hexcel’s Salt Lake City facility and participated in a roundtable with local business, government and educational leaders.

Deputy Secretary Blank Announces New Federal Partnership to Promote Manufacturing Investment in American Communities, Create Jobs

Mayor Scott Smith, Able Engineering President and CEO Lee Benson and Deputy Secretary of Commerce Rebecca Blank During a Tour of the Able Engineering Facility in Mesa, Arizona

U.S. Deputy Secretary of Commerce Rebecca Blank today announced the launch of the “Investing in Manufacturing Communities Partnership,” an Obama Administration initiative that will help accelerate the resurgence of manufacturing and create jobs in cities across the country.

This effort rewards communities that demonstrate their plans to attract and expand manufacturing in their area, using targeted investments in workforce training, infrastructure, research, and other key assets.

Deputy Secretary Blank unveiled the initiative at the new, 200,000-square foot Able Engineering facility in Mesa, Arizona, a community that has leveraged the resources of the public sector, private firms and educational institutions to achieve a successful model of economic development. Mesa was hard-hit when Williams Air Force Base closed in 1993, leaving many aerospace engineers unemployed. The city took over the site, converted it to the Phoenix-Mesa Gateway Airport, and came up with a plan to attract aerospace companies to the area, where they could capitalize on the existing workforce and benefit from being located near similar firms and nearby colleges. In just fifteen years, Able has grown into a multi-million dollar conglomerate, servicing aircraft from around the world.  Its continued growth and support for its workforce demonstrate the benefits of operating within a community like Mesa’s.

Fact Sheet | Press Release

Deputy Secretary Blank Travels to BMW in Spartanburg, SC to Highlight Revitalization of American Manufacturing

Deputy Secretary Blank is joined by Brian Barron, Department Manager for X3 Assembly and Josef Kerscher, the President of BMW Manufacturing, on the Spartanburg assembly floor

Deputy Secretary of Commerce Rebecca Blank visited BMW Manufacturing today and delivered remarks on the President’s plan to make America a magnet for jobs and manufacturing. The Deputy Secretary highlighted the President’s proposals for a new Investing in Manufacturing Communities Partnership, the SelectUSA program, and the National Network for Manufacturing Innovation.  Blank’s visit comes on the heels of President Obama’s State of the Union Address, in which he outlined a broad agenda for revitalizing U.S. manufacturing, spurring innovation, and accelerating export growth.

During her remarks, Blank emphasized key Commerce programs that will drive President Obama’s “Make America a Magnet for Jobs by Investing in Manufacturing” plan. For example, Commerce is going to lead a team of federal agencies in the new Investing in Manufacturing Communities Partnership.  The President has proposed a new program to support communities that do the hard work and analysis to identify key projects that will bolster their ability to attract investment.  A competitive process will select communities that have done effective planning but need a little help to build additional assets.  For instance, the program could provide matching funds to co-invest in things like a business park or a new tech transfer program with local universities. Local leaders will need to show that they’ve put together a strong plan to attract investments from a particular industry where their community has a comparative advantage.  That means they’ll need to collaborate closely across the public and private sectors, local foundations, and local research and teaching institutions. By supporting communities that are actively working to become investment hubs, the program will help entice both manufacturers and their supply chains to come to a particular area.