Assembly Ventures reposted this
One of the issues that popped up in the recent elections in both the UK and France was the growing lack of good paying manufacturing jobs. Here are two articles highlighting that. 🇬🇧 𝐁𝐫𝐢𝐭𝐚𝐢𝐧 𝐧𝐞𝐞𝐝𝐬 𝐚𝐧 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐭𝐡𝐚𝐭 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐬 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐧𝐨𝐭 𝐣𝐮𝐬𝐭 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 - https://lnkd.in/e-fsVQgt 🇫🇷 𝐍𝐞𝐰 𝐅𝐚𝐜𝐭𝐨𝐫𝐢𝐞𝐬 𝐚𝐧𝐝 𝐉𝐨𝐛𝐬 𝐀𝐫𝐞 𝐍𝐨𝐭 𝐄𝐧𝐨𝐮𝐠𝐡 𝐭𝐨 𝐒𝐭𝐞𝐦 𝐅𝐫𝐚𝐧𝐜𝐞’𝐬 𝐅𝐚𝐫 𝐑𝐢𝐠𝐡𝐭 𝐒𝐮𝐫𝐠𝐞 - https://lnkd.in/enJyD4ap This makes me wonder where the US stands on this. Here are just some of the arguments made here in the States for a 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐨𝐟 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠: 🏭 Strengthening Domestic Supply Chains: A dedicated department could help reduce dependency on foreign manufacturing, ensuring more resilient and secure supply chains. This has become especially important in light of disruptions caused by global events like the COVID-19 pandemic and geopolitical tensions. 🏭 Boosting Innovation and Competitiveness: By focusing on advanced manufacturing technologies and processes, the department could drive innovation, helping U.S. manufacturers stay competitive on a global scale. Programs like Manufacturing USA, currently under the Department of Commerce, are already working towards these goals by fostering collaboration between industry, academia, and government. 🏭 Economic Growth and Job Creation: Manufacturing is a significant contributor to the U.S. economy, providing high-wage jobs and fostering commercial innovation. A dedicated department could further enhance these contributions by supporting industrial growth and revitalizing communities dependent on manufacturing. 🏭 Environmental Sustainability: A Department of Manufacturing could play a crucial role in promoting sustainable practices within the industry. This includes reducing carbon footprints, enhancing energy efficiency, and minimizing waste, aligning with broader environmental goals and regulations. 🏭 Coordinated Policy and Investment: Having a single department focused on manufacturing would allow for more cohesive and strategic policymaking. This could streamline efforts across various sectors and ensure that investments are aligned with national priorities, such as those outlined in the CHIPS Act and the Inflation Reduction Act, which have already spurred significant manufacturing investments. 🏭 International Competitiveness: Establishing a dedicated department could help the U.S. better compete with other nations that have strong governmental support for their manufacturing sectors. It would facilitate the development of strategies to enhance the global competitiveness of U.S. manufacturers. What do you think? Does the US need a Department of Manufacturing?
Good points Aaron. 50% of the worlds manufacturing is done by China and this leaves little room to further grow manufacturing locally without difficult choices at the government level.
We do not need a department of anything extra. If anything, LESS departments would be ideal. Just send them to ReeDesign Mfg, LLC and we will take care of all U.S. manufacturing needs. From custom CNC parts to OEM industrial parts/supplies... we are the final connecting link for every supply chain. Many large manufacturers are turning to us for support and it's because of the lack of support in this arena and that ALWAYS pushes us to do more.
It's insightful to see both the UK and France addressing the critical need for robust manufacturing sectors. For the US, establishing a Department of Manufacturing could be a game-changer. It would not only strengthen domestic supply chains and boost innovation but also drive economic growth, create high-wage jobs, and enhance environmental sustainability. With coordinated policy and investment, the US could better compete internationally and ensure the resilience and competitiveness of its manufacturing industry. This approach could be essential for rebuilding and revitalizing US manufacturing.
The Manufacturing USA Institutes have proposed the concept of a Manufacturing Guard, similar to the National Guard, where factories (and funding) could very quickly shift to support U.S. based manufacturing needs in the face of a crisis. This idea had traction right after the pandemic but not so much right now. This could be something that is the responsibility of your proposed Dept of Manufacturing, which makes perfect sense!
So much to unpack here and I like it. European industrial complex is far more forward thinking too!
My name’s Tim not Tom 🤣
Industrial Automation & Robotics | Product Management & Marketing | Business Development | Future of Consumer Packaged Goods Manufacturing
3moI love this idea, especially if one of their initiatives is to help startups turn to actual manufacturing companies and to help international students with R&D that’s ready to become a product move from a student visa to a longer term visa so all the innovation that happens in US universities can stay here. I remember reading this about how countries like China and others were beating the US on advanced manufacturing - international students would come here and find lots of grants and supports for research, but then nothing for taking that and starting a company. However, there home countries were more than happy to help them start and grow a company. We need to find a way to stop the drain of skilled people who want to stay here being unable to.