August 16, 2012 AT 10:52 am

$70 Million Dollar Additive Manufacturing Institute in Northeast Ohio

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White House Announces $70 Million Dollar Additive Manufacturing Institute in Northeast Ohio..

Members of President Barack Obama’s administration are announcing details of a partnership between dozens of companies, universities and nonprofit organizations in Ohio, Pennsylvania and West Virginia. Its main hub in Youngstown is scheduled to launch by September.

White House National Economic Council Director Gene Sperling, Acting U.S. Commerce Secretary Rebecca Blank, Under Secretary of Defense Frank Kendall and other senior administration officials will be in the Valley Thursday for a scheduled visit of M7 Technologies, located at 1019 Ohio Works Drive.

The officials will be given a tour of the facility to kick off the event. Following their remarks, the officials will participate in a media roundtable to discuss American manufacturing.  Further details of the manufacturing hub are expected to be unveiled at that time.

The consortium will develop additive manufacturing, also known as 3D printing, which will affect a range of industries including defense, aerospace and automotive. The White House will give the hub $30 million and the partnering entities will add another $40 million to the pilot program, which beat out proposals from other regions in the country.

The Obama administration said the consortium is part of a plan announced in March to launch future manufacturing hubs around the country.

Thanks Brent.


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2 Comments

  1. Wooo! Ohio!

  2. This is such a BFD for the area I grew up in (Steel Valley)! This is the best news for the Valley since the steel left in the late 60s. Industrial Culture + Cheap Space (lowest housing prices in the country) + Great Transportation Infrastructure = great place for hardware startups.

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