Tweet - "Smaller manufacturing firms are the foundation of America's industrial base. And increasing their capacity is critical to making more things in America -- getting products faster, cheaper, and reliably -- and outcompeting the world."

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Date: May 6, 2022

"Smaller manufacturing firms are the foundation of America's industrial base. And increasing their capacity is critical to making more things in America -- getting products faster, cheaper, and reliably -- and outcompeting the world.

3D printing can reduce part lead times by 90%, slash material costs by 90%, and cut energy use in half. That all helps to lower the cost of making goods in America. But, not all small and medium-sized firms have access to the support needed to adopt this technology.

Until today.

We're launching a new compact between large iconic manufacturers and smaller American suppliers to help them adopt new technologies.

And as part of this initiative, agencies across the federal government will step up with access to loans, technical assistance, and more."

@POTUS


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