CHICAGO (AP) — Chicago and the Detroit area stand to reap
millions of dollars in federal grants and private sector investment as
part of White House initiative to boost innovation in manufacturing and
create jobs.
The White House says President Barack Obama will
announce Tuesday the creation of two manufacturing institutes. The
Detroit-area institute will focus on lightweight metals, while the
Chicago hub will push innovation in digital manufacturing and design.
The
institutes are being seeded by $70 million each from the Department of
Defense, plus more than $70 million each from non-government sources.
U.S.
Sen. Dick Durbin announced Saturday the Department of Defense awarded
the grant to UI Labs, a partnership between public and private groups,
including universities and manufacturers.
Durbin says the lab will revolutionize the way the country approaches manufacturing.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.
CHICAGO (AP) — Chicago and the Detroit area stand to reap
millions of dollars in federal grants and private sector investment as
part of White House initiative to boost innovation in manufacturing and
create jobs.
The White House says President Barack Obama will
announce Tuesday the creation of two manufacturing institutes. The
Detroit-area institute will focus on lightweight metals, while the
Chicago hub will push innovation in digital manufacturing and design.
The
institutes are being seeded by $70 million each from the Department of
Defense, plus more than $70 million each from non-government sources.
U.S.
Sen. Dick Durbin announced Saturday the Department of Defense awarded
the grant to UI Labs, a partnership between public and private groups,
including universities and manufacturers.
Durbin says the lab will revolutionize the way the country approaches manufacturing.
Copyright 2014 The Associated Press. All rights
reserved. This material may not be published, broadcast, rewritten or
redistributed.