Biden to plug manufacturing initiative at Ohio metal company


PTI, May 6, 2022, 3:05 PM IST

President Joe Biden is set to announce on Friday that five major U.S. manufacturers have made commitments to boost their reliance on small and medium American firms for 3D printing.

The White House said GE Aviation, Honeywell, Lockheed Martin, Raytheon and Siemens Energy have agreed to take part in the program, which Biden will highlight during a visit to United Performance Metals in Hamilton, Ohio. The program is being unveiled by the White House as Biden heads to the industrial Midwest to press Congress to approve a stalled competition and innovation bill that the Democratic president says is critical to bolstering domestic manufacturing and helping solve a semiconductor shortage that has delayed production of life-saving medical devices, smartphones, video game consoles, laptops and other modern conveniences. “I’m determined to make sure the United States holds the technological high ground in competition with other nations, especially China, as we move forward,” Biden said this week. His comments on the Bipartisan Innovation Act came during a visit Tuesday to an Alabama Lockheed Martin plant that builds Javelin antitank weapon systems. GE Aviation and Raytheon set a goal of looking to small and medium firms for 50% of their requests for quotes for products requiring 3D printing or related technologies.

Siemens Energy is committed to targeting 20% to 40% of externally sourced 3D print parts and will work with 10 to 20 small and medium firms to help improve their capability. Lockheed Martin has agreed to work with smaller suppliers on research to improve the use of 3D printing as an alternative to castings and forgings. Honeywell is offering technical assistance including part design, data generation, machine operation, and post-processing to small and medium suppliers it works with.

The semiconductor chip problem has been building since coronavirus pandemic-related lockdowns shut down major Asian chip factories more than two years ago. Now it could extend past this year, despite the semiconductor industry’s efforts to catch up with demand.

There is bipartisan support for boosting domestic chip production, but lawmakers in the Senate and the House still need to negotiate over differences. The House in February passed a version of the legislation that could pump $52 billion in grants and subsidies to the semiconductor industry to help boost U.S. production. The bill must now be reconciled with a Senate version passed eight months ago.

House Democrats also tucked in other priorities that have raised Republican concerns about the bill’s cost and scope.

The bill includes $8 billion for a fund that helps developing countries adjust to climate change; $3 billion for facilities to make the U.S. less reliant on Chinese solar components; $4 billion to help communities with significantly higher unemployment than the national average; and $10.5 billion for states to stockpile drugs and medical equipment.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

UP govt to install 150,000 toilets for Maha Kumbh, set up paying guest facilities

Kavoor Police arrest two notorious cattle thieves

Udupi: Unidentified body found near Bailkere’s Vidhyodaya School

Sexual harassment case cannot be closed on basis of compromise between parties: SC

MLC Ivan D’Souza defends CM Siddaramaiah’s Lokayukta appearance, criticizes BJP’s ‘Drama’ claims

Ranji Trophy: Shreyas Iyer’s majestic 233 puts Mumbai in complete command against Odisha

Related Articles More

Indian consulate in Canada cancels consular camps due over security issues

Hindu temple in Brampton suspends priest for spreading ‘violent rhetoric’

President Xi congratulates Trump; says China, US should find ‘right way’ to manage differences

Harris, Trump agree on importance of unifying country as they speak over phone

Under extraordinary circumstances Harris stepped up, led historic campaign: Biden

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Felling of trees: What is being done to restore Delhi Ridge? SC asks DDA

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

UP govt to install 150,000 toilets for Maha Kumbh, set up paying guest facilities

Kavoor Police arrest two notorious cattle thieves

Udupi: Unidentified body found near Bailkere’s Vidhyodaya School

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.