Caspian Energy Journal Caspian European Club
Sunday, 02 March 2014 21:00

U.S. launches public-private manufacturing innovation institutes

President Obama February 25 announced two new public-private manufacturing innovation institutes and a competition for the first of four additional institutes that will boost advanced manufacturing in the United States, Caspian Energy News ( reports with reference to the press service of U.S. Department of State.

Each institute serves as a regional hub, bridging the gap between applied research and product development by bringing together companies, universities and other academic and training institutions and federal agencies to invest in key technology areas.

Headquartered in the Detroit area, the LM3I Institute pairs the world’s leading aluminum, titanium and high-strength steel manufacturers with universities and laboratories pioneering new technology development and research. The institute will focus on expanding the market for products and systems that utilize new, lightweight, high-performing metals and alloys by removing technological barriers to their manufacture. It will also aim to create new consumers of such products.

Headquartered in Chicago, the DMDI Institute spearheads a consortium of 73 companies, universities, nonprofits and research labs. The partnership between world-leading manufacturing experts and cutting-edge software companies will develop enhanced digital capabilities to design and test new products and reduce costs in manufacturing processes across multiple industries.

Read 770 times