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New Manufacturing Institute: Strengthening US Industry and Innovation

This act establishes the National Institute of Manufacturing within the Department of Commerce to strengthen American industry, foster innovation, and ensure global leadership in advanced technologies. Its goal is to enhance economic and national security, create jobs, and develop workforce skills, directly impacting employment stability and product availability.
Key points
Creation of the National Institute of Manufacturing to support the development of new technologies and production in the US, potentially leading to more innovative products on the market.
Support for small and medium-sized manufacturing businesses through counseling, training, and financial aid, which can help sustain and create local jobs.
Scholarship and training programs for students and workers, aimed at developing skills needed in modern industry, increasing employment opportunities in the manufacturing sector.
Strengthening supply chains and preparing for emergencies, ensuring greater availability of key products and price stability during disruptions.
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Additional Information
Print number: 117_S_1069
Sponsor: Sen. Peters, Gary C. [D-MI]
Process start date: 2021-04-12