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Double funding for the Manufacturing Extension Partnership, a program that encourages manufacturing efficiency
"The Manufacturing Extension Partnership (MEP) works with manufacturers across the country to improve efficiency, implement new technology and strengthen company growth. This highly-successful program has engaged in more than 350,000 projects across the country and in 2006 alone, helped create and protect over 50,000 jobs. But despite this success, funding for MEP has been slashed by the Bush administration. Barack Obama and Joe Biden will double funding for the MEP so its training centers can continue to bolster the competitiveness of U.S. manufacturers."
Sources: "Barack Obama: Plan to Strengthen the Economy"
Subjects: Corporations, Economy, Workers
Not quite double, but a start
Updated: Friday, November 6th, 2009 | By Lukas Pleva
President Obama promised to double funding for the Hollings Manufacturing Extensions Partnership (MPE) program, and his budget for 2010 puts him closer to fulfilling that promise.
The Hollings Manufacturing Extensions Partnership is part of the National Institute of Standards and Technology, which in turn falls under the U.S. Department of Commerce. The partnership, which consists of federal, state and local organizations, provides business information and resources to U.S. manufacturing firms to make them more competitive in the global markets.
The Bush administration allocated $110 million in funding for the MPE program during 2009. In 2010, MPE will receive $124.7 million, a 13.4 percent increase. According to the Department of Commerce, increased funds will "expand technology and business resources to help strengthen these manufacturers' competitiveness in the global market, as well as support activities concerning energy efficient manufacturing practices."
Though a 13.4 percent increase is hardly a doubling of the budget, it puts Obama closer to his original goal. We rate the promise In the Works.
Sources:
U.S. Government Printing Office,
Department of Commerce FY 2010 Budget
, accessed Nov. 4, 2009
National Institute of Standards and Technology,
2008-2010 Appropriations Summary
, accessed Nov. 4, 2009
Manufacturing Extension Partnership,
Organization Summary
, accessed Nov. 4, 2009
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