White House launches light metal initiatives

Feb 25, 2014 | 06:33 PM | Michael Cowden

Tags  White House, President Obama, Lightweight and Modern Metals Manufacturing Innovation Institute, LM3I, Alcoa, Klaus Kleinfeld, Digital Manufacutring and Design Innovation Institute, DMDII advanced composites

CHICAGO — The U.S. government plans to spend $140 million on two public-private advanced manufacturing partnerships, including one devoted to light metals.

The Lightweight and Modern Metals Manufacturing Innovation Institute (LM3I) will be based in the Detroit area and partner aluminum, titanium and steel companies to increase the manufacturing of lighter materials for the automotive, aerospace, defense, energy and consumer product industries, President Obama said in a statement Feb. 25.

The institute will look to high-strength steels and lightweight metals to meet goals that range from boosting fuel economy in passenger cars and trucks to making defense vehicles that are strong enough to sustain bomb blasts but light enough to be carried by helicopters, he said. It also is targeting a more widespread adoption of lightweight metals in commercial production.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results