President Barack Obama will launch a series of executive actions on Monday to strengthen U.S. advanced manufacturing, including a $300 million investment in three technologies considered crucial to the country’s industrial competitiveness.
The White House said in a statement the actions would build on the final report of Obama’s Advanced Manufacturing Partnership that recommends measures to spur innovation, secure a skilled workforce and improve the business climate.
Obama is meeting at the White House on Monday with the partnership’s steering committee, a working group of the President’s Council of Advisors in Science and Technology.
The White House said NASA and the departments of Defense, Energy and Agriculture would invest more than $300 million in the emerging technologies of advanced materials including composites and bio-based materials, advanced sensors for manufacturing, and digital manufacturing.
It said the investments, matched by private-sector resources, would drive advances in the manufacturing of high-tech materials including “new steel alloys that are twice as strong and lighter than today” and new processes to eliminate reliance on foreign supplies of critical materials.
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