The U.S. President Barack Obama is prioritizing the advancement of an innovative manufacturing agenda as he has announced that the creation of the National Network for Manufacturing and Innovation (NNMI), a $1 million proposal to create institutes across the nation to serve as regional hubs of manufacturing excellence that will help make U.S. manufacturers more competitive and encourage investment in the U.S, Business Facilities magazine reported.
Accelerating the innovative manufacturing trend via 3D printing is working, as Obama said in a recent State of the Union address:
“A once-shuttered warehouse is now a state-of-the-art lab where new workers are mastering the 3D printing that has the potential to revolutionize the way we make almost everything.”
With validation by President Obama and the fact that the 3D printing market is projected to reach $5.2 billion by 2020, Quantum International CEO Robert Federowicz foresees big potential profits from the innovative technology.
“3D printing is coming along at just the right time,” Federowicz said. “3D printing keeps manufacturing jobs in the United States and we are just beginning to realize the profit-making potential this technology possesses.”
Source: Press Release via Businesswire.