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Wednesday, November 30, 2022

WATCH: Biden announces boost to local firms in 3D printing

WASHINGTON ( Associated Press) — President Joe Biden is set to announce Friday that five major U.S. manufacturers have made commitments to increase their reliance on small and medium U.S. firms for 3D printing.

See Biden’s comment in the player above.

Biden on Friday cited a strong US jobs report that showed the administration’s “plans and priorities have produced the strongest job creation” in modern times.

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The jobs report showed that US employers added 428,000 jobs in April, extending a streak of solid hiring that punished inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Is.

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Hiring last month put the unemployment rate at 3.6%, just above a half-century low.

Biden applauded the numbers during a visit to a metal manufacturing plant in Ohio, where he highlighted a 3D printing technology he says will help return factory jobs to the US and ease inflationary pressures. .

He visited United Performance Metals in Hamilton to highlight commitments by five major US manufacturers to fuel their reliance on small and medium US firms for 3D printing.

GE Aviation, Honeywell, Lockheed Martin, Raytheon and Siemens Energy have agreed to participate in the program. The Chairman along with the officials visited the factory.

The promise of 3D printing is that it can reverse the outsourcing of factory jobs and industrial production, allowing more components to be manufactured in the US.

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The president also pressured Congress to approve a stalled competition and innovation bill, which the Democratic president says is vital to boost domestic manufacturing and help solve the semiconductor shortage that has led to life-saving medical care. The production of devices, smartphones, video game consoles, laptops and others has been delayed. modern conveniences.

“Pass the damn bill and send it to me,” Biden said in his remarks on Friday.

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