President Biden will launch on Friday during a trip to Ohio a new initiative aimed at reducing costs for American families by betting on 3D printing.
The AM Forward is part of Biden’s efforts to improve supply chain resilience by incentivizing private sector companies to purchase additive-produced parts from smaller U.S.-based suppliers.
Major companies GE Aviation, Honeywell, Lockheed Martin, Raytheon and Siemens Energy are early participants in the initiative, which will be a voluntary pact between large manufacturers and their smaller US-based suppliers.
“Not enough U.S. companies are using 3D printing or other high-performance production technologies,” senior administration officials said, calling the problem a “chicken-and-egg problem.”
“Suppliers want to make these investments but don’t have the committed orders or the cash flow to make the investment, often between $3 [million] at $8 million,” officials said. “And the companies don’t supply the orders because they don’t think their suppliers can actually make the parts. The private sector cannot do this alone and the federal government will be a key partner in helping AM Forward address these challenges.
Biden will travel to Cincinnati on Friday to meet with manufacturing leaders and see new additive manufacturing technologies as part of his effort to promote his plan to do more in America. He will visit United Performance Metals, an Ohio-based metals maker that is a supplier to some of the companies that have signed up for the AM board, officials said.
The initiative will be supported by the nonprofit Applied Science & Technology Research Organization. The Biden administration plans to launch federal programs to help small- and medium-sized manufacturers support the adoption of adequate capabilities and increase their competitiveness, including through access to capital, technical assistance and training. Workforce.
GE Aviation’s commitment includes targeting small and medium-sized suppliers to compete for 50% of RFQs that are sent on products manufactured using additive or related technologies. Siemens Energy has committed to include a goal of purchasing 20-40% of total externally sourced AM parts and services from US-based suppliers.
Biden in Ohio will also reiterate his call for Congress to pass the Bipartisan Innovation Act, which aims to improve U.S. supply chains.
“In Ohio, the President will repeat how the Bipartisan Innovation Act will help reduce costs for Americans by making more goods in America, helping us both invent and make more in America, and create middle-class jobs in communities and places across America, like Ohio, so America can innovate and outperform the rest of the world for decades to come,” officials said.