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Manufacturing Industry Updates

Manufacturing Groups Support Proposed Federal Institute of Manufacturing

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Legislation introduced this week proposes to create a new independent federal institute, the National Institute of Manufacturing, and industry trade groups are showing their full support, according to IndustryWeek.

The Association for Equipment Manufacturers, the Alliance for American Manufacturing and the American Foundry Society submitted statements of support for the bill. The National Institute of Manufacturing would be led by a chief manufacturing officer responsible for creating and implementing a “National Strategic Plan for Manufacturing” for the executive branch, according to IndustryWeek.

“The need for a new, bold approach to revitalize American manufacturing has never been more evident,” said Sen. Gary Peters, D-Mich., who introduced the bill and is a member of the Commerce, Science and Transportation Committee. “We must address vulnerabilities in our supply chain that have been further exposed by the coronavirus pandemic and reduce our reliance on foreign manufacturers.”

The institute would reportedly act as the hub for federal manufacturing programs that are currently spread across multiple agencies. Its focus would be on navigating near-term supply chain issues caused by the pandemic, as well as long-term issues of national manufacturing strategy.

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