Advanced Manufacturing News

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Manufacturing is a matter of fundamental importance to the economic strength and national security of the United States. More than any other industry, a globally competitive manufacturing sector translates inventions, research discoveries, and new ideas into better or novel products or processes. To be sure, there are many interrelated elements of an innovation ecosystem—entrepreneurs, workers, tax policies, to name a few—but without manufacturing, the economy-building, job-creating power of innovation fades. Consider, for example, that manufacturing firms are almost three times to more likely than service business to introduce a new or significantly improved product or service. With regard to production, distribution, and technical-support activities, a similar disparity in innovation performance separates manufacturing firms from on-manufacturing businesses.

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