Obama launches initiative to fund manufacturing jobs

May 31, 2012 | 10:04 AM | Corinna Petry

Tags  manufacturing growth, job creation, public-private partnerships, Secretary of Labor, Hilda Solis, Secretary of Commerce, John Bryson, Corinna Petry

CHICAGO — The Obama administration has launched a $26-million initiative to use public-private partnerships to foster job growth in manufacturing.

Through the Advanced Manufacturing Jobs and Innovation Accelerator Challenge, regional partnerships can compete for federal funds to support innovative manufacturing activities. The program is designed to leverage private capital, build entrepreneurial ecosystems and promote cluster-based development across the country.....

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