YOUNGSTOWN, Ohio -- A partnership between several private industries, universities and economic development organizations in Northeast Ohio, Pennsylvania and West Virginia will receive a $30 million grant from the federal Department of Defense for a new National Additive Manufacturing Innovation Institute in Youngstown, according to a congressional aide.
The official announcement is expected today at M7 Technologies in Youngstown, which Sen. Sherrod Brown, Rep. Tim Ryan and White House officials will tour before a discussion of manufacturing.
The Youngstown site will be used to help develop "additive manufacturing technology," also known as 3-D printing. The technology speeds up production time, while decreasing the cost of products including airplane parts and steel.
The Obama administration announced the National Network for Manufacturing Innovation project in March with plans to create as many as 15 facilities across the country. The Youngstown facility will be the first established in the program, aimed to help create a competitive U.S. manufacturing market that can attract worldwide investors.
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