SEMI Praises Passage of Bipartisan Manufacturing Innovation Act
SEMI praised the bipartisan effort in the United States Congress to pass the Revitalize American Manufacturing and Innovation (RAMI) Act as part of the year-end spending package. Since its introduction in August 2013, SEMI has been a champion and leading voice in support of the bill that would create public private partnerships to establish institutes for manufacturing innovation.
Sponsored by Senators Sherrod Brown (D-OH) and Roy Blunt (R-MO) and Representatives Tom Reed (R-NY) and Joe Kennedy (D-MA), RAMI directs the Secretary of Commerce to support the establishment of institutes dedicated to improving U.S. competitiveness in manufacturing. These institutes are aimed at increasing domestic production and accelerating the development of an advanced manufacturing workforce. Each institute will be a public-private partnership between industry, academia, and other relevant entities. The institutes, which are required to be self-sustaining in seven years, will focus on a specific and unique manufacturing process, technology, or methodology.
“SEMI members produce sophisticated and advanced equipment, materials and technology for the most complex manufacturing facilities around the world,” said SEMI president and CEO, Denny McGuirk. “That’s why we are so pleased to see bipartisan legislation be signed into law that will support industry development and jobs in the U.S.”
“This bill focuses our nation’s strengths toward a common goal: revitalization of American manufacturing and innovation,” Senator Sherrod Brown said. “When American manufacturing moves to other countries, we don’t just lose production — we lose innovation. A Network for Manufacturing Innovation would foster public-private partnerships that give small businesses, industry leaders, and research institutions the tools they need to compete on a global scale. These regional, industry-led hubs will leverage local expertise and will create thousands of high-paying, high-tech manufacturing jobs for American workers. We’ve seen it work in Youngstown, now it’s time to advance this effort nationwide.”
“Our bill is about ensuring America’s future as a world leader in advanced manufacturing by fostering two things: innovation and jobs,” said Representative Tom Reed, the House sponsor of the bill. “We are creating high-tech, high-paying manufacturing jobs not just for people today but for their children and for their children’s children — so that generations of Americans far into the future will have opportunities to create and innovate here at home.”
For more information on SEMI, please visit: www.semi.org