U.S. creates competition for manufacturing grants
The Advanced Manufacturing Jobs and Innovation Accelerator Challenge is a $26 million competition designed to support projects that aim to help grow a region's industry.
The Obama Administration has announced a $26 million multi-agency Advanced Manufacturing Jobs and Innovation Accelerator Challenge to foster innovation-fueled job creation through public-private partnerships. The challenge will support projects that aim to help grow a region's industry clusters by strengthening connections to regional economic development opportunities and advanced manufacturing assets; enhance a region's capacity to create high-quality sustainable jobs; develop a skilled and diverse advanced manufacturing workforce; increase exports; encourage the development of small businesses; and accelerate technological innovation.
This is the third round of the Jobs Accelerator competition, which is being funded by the U.S. Dept. of Energy; the U.S. Dept. of Commerce's Economic Development Administration and National Institute of Standards and Technology (NIST); the U.S. Dept. of Labor's Employment and Training Administration; the U.S. Small Business Administration; and the National Science Foundation. In this round, approximately 12 projects are expected to be chosen through a competitive inter-agency grant process. These coordinated investments will help catalyze and leverage private capital, build an entrepreneurial ecosystem, and promote cluster-based development in regions across the U.S. The deadline for applications is July 9, 2012.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.