Manufacturing Prosperity: A Bold Strategy for National Wealth and Security

Abstract

Offshore production in advanced manufacturing has reached a critical point in which the strategy of “invent here, manufacture there” has become “invent there, manufacture there.” The United States must take bold steps to arrest this development and take advantage of transformational technologies to rebuild domestic manufacturing prowess for national wealth and security. These bold steps require a central national focal point with a comprehensive strategy, and significant and sustained public and private investments: 1. Invest in translational research and manufacturing innovation 2. Encourage domestic pilot production and scale-up 3. Empower small and medium-sized manufacturers to deploy advanced technologies 4. Grow domestic engineering and technical talent