Manufacturing plays an outsized role in the U.S. economy: from the greatest economic multiplier of any other sector, to the creation of 4 additional jobs for every manufacturing job, it is clear that the manufacturing sector is a critical driver to our country’s prosperity and security. These economic impacts grow as we add next-generation technologies: advanced manufacturing produces sophisticated and exclusive products that we can sell around the world, leading to greater economic prosperity and increasing the job multiplier to 16-to-1.
A vibrant manufacturing sector, especially one invigorated with the latest technologies, requires focused investments along the entire technology innovation pipeline. An innovation pipeline stocked with ideas, from the laboratory bench to the manufacturing shop floor, is required to “make it here” so that we can “sell it everywhere.” The advanced manufacturing processes and products we desire—the types that lead to greater economic prosperity—is the result of knowledge, accumulated through research and development, translated systematically into know-how
