Today, Congressman John D. Dingell (D-MI12) participated in President Obama's announcement of two new public-private manufacturing innovation consortia. One, known as the Lightweight and Modern Metals Manufacturing Innovation Institute (LM3I), is based in Southeast Michigan and will develop and expand the use of technologies at the important intersection of materials, manufacturing, and design.
"I commend President Obama for taking concrete steps to create good-paying jobs in Michigan by supporting advanced manufacturing. I'm proud to say that the University of Michigan, Wayne State University, and Michigan State are all partners in one of the consortia the President announced today. In tandem with private industry and other organizations, like the Machinists and the Edison Welding Institute, the Detroit-area consortium will create around 10,000 jobs, as well as offer advanced training to 1,000 workers a year. The materials and technology the consortium develops will help reduce fuel use and lower production costs by eliminating excess materials. This is an investment in American manufacturing's future, and it will help keep us competitive in the future and ensure our country -- and particularly Michigan -- maintains its lead in advanced manufacturing."
LM3I was selected through a competitive process led by the U.S. Department of Defense and will receive $70 million in federal funding over five years, matched by another $78 million from LM3I consortium partners. The funding includes $10 million from the Michigan Economic Development Corporation and additional financial support from the state of Ohio. LM3I's members estimate the consortium will create approximately 10,000 jobs, most of which will be in the metal stamping, metalworking, machining and casting industries that are dominant in the Midwest region. The consortium aims to add 100 more metal-related engineering professionals per year and 1,000 more skilled trade workers. Within three years, the consortium hopes to offer advanced training to an additional 1,000 current employees annually.